Corner property at 1070 Flatbush Ave
1070 Flatbush Avenue
Flatbush
Closed 08/26/2021 at
$7,400,000
Overview
TerraCRG has been retained to exclusively market 1070 Flatbush Avenue, a development project several blocks from Prospect Park. Ownership is seeking ground-lease proposals for a mixed-use/multifamily project.
The current stand-alone corner retail building is 15,330 Gross SF and was, until most recently, anchored by CVS. The mixed-use zoning calls for a 70,518 ZFA with market-rate retail as well as Inclusionary Housing.
Attractions
The property is only a few blocks from the 2 and 5 trains at the Beverly Ave Station, as well as the Q train at Beverly Road, providing an easy commute to Downtown Brooklyn and Lower Manhattan. It also just blocks from the Kings Theatre and Prospect Park.