Mixed-Use Property at 259 Flatbush Avenue in Brooklyn
$6,200,000
259 Flatbush Avenue, Brooklyn, NY 11217
7,104 SF
Square Feet
$873
PPSF
Property Description
259 Flatbush Avenue, located between Bergen
Street and St Marks Avenue in the Prospect
Heights section of Brooklyn, New York.
6 FM | 1 Retail
Low Average Apartment Rent | Renovated Apartments
Substantial Rehabilitation Order & Determination 2004
Building Completely Renovated
Second Generation Restaurant Space
Property Details
Asset Type
Mixed-use
Year Built
1930
Zoning
R7A, C2-4
Lot Size
2,760 SF
Neighborhood
Prospect Heights
Submarket
Brooklyn
ZIP
11217
Listing Type
sale
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$352,694
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$29,391
Annual Debt Service
$352,694
View on Map
Address
259 Flatbush Avenue
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Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale
No investors found in this market.
