For Sale · Listing by Corcoran Group
1452 FLATBUSH Avenue
Flatbush, Brooklyn
$1,475,000
1452 FLATBUSH Avenue
MLS® #RLS20118608
Listing by Corcoran Group
- 6
- Bedrooms
- 2.5
- Baths
- 3,500
- Sq. Ft.
- 1933
- Year Built
Quick Summary
Property Highlights
- Views: Other
- Outdoor Space: Terrace
- Climate Control: Other
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Oct 1, 2026 | $1,475,000 | - |
| Currently | Oct 1, 2026 | $1,475,000 | - |
Description
The Forray Team at The Corcoran Group is pleased to exclusively present 1452 Flatbush Avenue, a well-positioned mixed-use building offering dependable income and long-term upside in Brooklyn's Midwood/Flatbush section, at the historic Flatbush-Nostrand Junction. Sitting directly on one of Brooklyn's busiest retail corridors and moments from Brooklyn College, the property presents a compelling opportunity for investors, developers, and end-users seeking a stable, high-visibility asset in one of the borough's most heavily trafficked commercial nodes. The property comprises approximately 3,500 gross square feet above grade, situated on a 20' 100' lot totaling approximately 2,000 square feet.Zoned R7A with a C2-4 commercial overlay, the asset carries a 4.0 FAR against a current FAR of just 1.75 , leaving approximately 4,500 square feet of unused buildable area - a total buildable envelope of 8,000 square feet - and meaningful room for future expansion or repositioning. Annual real estate taxes run approximately $ 25,843 under Tax Class 4. The building is configured as two residential rental units over a ground-floor retail storefront: a 3-bedroom, 1-bathroom unit over a 3-bedroom, 1-bathroom unit, above an approximately 1,300-square-foot commercial space. The store level includes a full cellar for storage, direct access to a rear outdoor space, and two half-bathrooms, giving a future retail, office, or service tenant real flexibility. This configuration offers strong income-producing capability while suiting an owner-occupant seeking supplemental rental income, a long-term investor targeting Flatbush's deep and stable rental demand, or a buyer exploring a value-add or repositioning strategy. Currently offered at a 6.87% pro-forma cap rate. Ideally situated at the Flatbush- Nostrand Junction - anchored by Brooklyn College and the 250-business Flatbush- Nostrand Junction Business Improvement District - 1452 Flatbush Avenue places tenants and occupants within immediate reach of the neighborhood's shopping, dining, and civic life. The property carries a 96 Walk Score ("Walker's Paradise") and a 100 Transit Score ("Rider's Paradise"), among the strongest transit profiles in Brooklyn. The 2 and 5 subway lines are reachable via a station entrance at Nostrand and Flatbush Avenues roughly 0.2 miles away, and the B41 local and B103 limited-stop buses run directly along Flatbush Avenue, providing fast, direct connections throughout Brooklyn and into Manhattan. Whether pursuing a cash-flowing mixed-use investment, an owner-occupied opportunity with income offset, or a longer-term play on the property's unused FAR, 1452 Flatbush Avenue offers a rare combination of stable income, zoning upside, and premier positioning at one of Brooklyn's busiest commercial crossroads.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Flatbush
View All Flatbush ListingsFlatbush features one of Brooklyn's most varied housing stocks, including grand detached Victorians along Ocean Avenue, limestone and brownstone rowhouses, prewar apartment buildings, and brick townhomes within landmarked districts like Prospect Park South and Ditmas Park. The Q, 2, and 5 trains connect the neighborhood to Manhattan, while Prospect Park's 526 acres of green space border the northern edge. The restored Kings Theatre, a 1920s-era landmark performance venue, and Erasmus Hall High School, founded in 1786, are among the area's most notable architectural features.
Flatbush Live Market Data
View NeighborhoodActive Listings
53
Median Asking Price
$575K
Median $/Sqft
$725
Avg Days on Market
N/A
New This Week
4
Price Reduced
38%
Sold (30 Days)
7
Median Sale Price
$432K
Live data from RLS at REBNY • Updated 10/1/26, 3:48 PM EST
Similar Listings in Flatbush
View All1374 NOSTRAND Avenue
Multi Family • RLS #RLS20117488
338 E 22ND Street
Multi Family • RLS #RLS20117207
149 LOTT Street
Multi Family • RLS #RLS20115351
2819 ALBEMARLE Road
Multi Family • RLS #RLS20116116
466 E 28TH Street
Multi Family • RLS #RLS20095431
2699 BEDFORD Avenue
Single Family Residence • RLS #RLS20098465
Browse More NYC Properties
In This Neighborhood
By Property Type
By Borough
Location
1452 FLATBUSH Avenue, Flatbush, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $310,116, or roughly $25,843 per month. Verify the current assessment with your attorney before closing.
This property has 6 bedrooms and 2 full bathrooms and 2 half bathrooms.
The listed interior living area is 3,500 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1933, making it approximately 93 years old.
This listing is None
Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $1,475,000 for 3,500 sq ft, the asking price per square foot is approximately $421. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Corcoran Group - Mike Laurent
Listing Contact: (516) 849-3129
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 10/1/2026 at 7:48 PM UTC
See it in person
Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 1452 FLATBUSH Avenue
At $1,475,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. Free, no obligation.
Interested in this property?
Thank you!
Milton will contact you shortly.
Your info is secure and never shared.
New listings in this neighborhood
You're signed up!
You'll be notified when new listings appear in Flatbush.
Quick Facts
Monthly Costs Estimate
$295,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$14,750
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
Back to Search
Find more properties