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$1,400,000
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Property Description
Mixed-Use Investment Opportunity. Rare entry point into Brooklyn mixed-use on one of the borough's busiest retail corridors. This three-unit building pairs a vacant ground-floor commercial space with two residential apartments above, existing income plus real upside, a profile that's hard to find on Flatbush. The ground-floor retail is delivered vacant, with 19'10" of frontage on Flatbush, giving the buyer full control to mark the space to market, secure their own tenant, or operate as an owner-user. The two apartments above provide existing residential income, so the asset works from day one while the retail rent is yours to write. Positioned directly on Flatbush Avenue with constant foot traffic, multiple bus lines at the door, and storefront visibility all day, this is a location you simply can't recreate. Whether you're an investor adding to a mixed-use portfolio or an owner-user looking to build equity while collecting rent above, the value-add potential here is real. A true Brooklyn commercial play in a corridor that's been busy for a hundred years.
Full Property Details
Full Property Details for 1692 Flatbush Ave
General
- Price: $1,400,000
- Taxes: $7,554
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1010556
- Updated: 6/8/2026
- Added to Site: 32 day(s) ago
Business
- Business Type: Commercial, Convenience Store, Deli/Catering, Drugsto
Location
- County: Kings (Brooklyn)
- Cross Streets: Avenue I & E 34th Street
- Driving Directions: GPS
School Information
- High School District: Brooklyn 22
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished
- Stories/Levels: 3
- Stories in Building: 3
- Building Size: 2760
- Square Feet: 2,760
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 1,225
Financial Considerations
- Tax Amount: $7,554
Disclosures and Reports
- Special Conditions: None
- Block: 7597
- Lot Number: 46
Listed by 5 Boro Realty Corp
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Schools
Schools serving 1692 Flatbush Ave
School District:New York City Geographic School District 22
| Name | Grades | Distance |
|---|---|---|
Ps 193 Gil Hodges 2515 Avenue L, Brooklyn, NY 11210 | K-5 | 0.6 mi |
Andries Hudde School 2500 Nostrand Avenue, Brooklyn, NY 11210 | 6-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1692 Flatbush Ave
Date
Details
Price
Change
Source
6/08/2026
Listed
$1,400,000
344.44%
MLS
5/07/2013
Sold
$315,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1692 Flatbush Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,647
—
$82,980
118%
2025
$7,647
3%
$38,071
-40%
2024
$7,450
6%
$63,060
-3%
2023
$7,028
—
$65,100
19%
2022
$7,019
-50%
$54,720
12%
2021
$14,154
111%
$48,720
-4%
2020
$6,715
3%
$50,640
15%
2019
$6,543
11%
$44,040
51%
2017
$5,871
—
$29,160
1%
2017
$5,871
5%
$28,800
3%
2016
$5,602
8%
$28,023
6%
2015
$5,170
5%
$26,438
3%
2015
$4,934
13%
$25,758
6%
2013
$4,369
—
$24,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1692 Flatbush Ave
1692 Flatbush Ave, Brooklyn, NY 11210 (MLS# 1010556) is a Commercial property. 1692 Flatbush Ave is currently listed for $1,400,000 and was received on June 08, 2026. Want to learn more about 1692 Flatbush Ave? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

