Vacant Mixed-Use Building in Prospect Heights
265 Flatbush Avenue
Prospect Heights
Cross Street
St. Marks Avenue & 6th Avenue
Lot SF
2,400
Lot Dimensions
24 ft x 74 ft
Zoning
R7A, C2-4
Subways
b
c
d
n
q
r
2
3
4
5
Other Transportation
LIRR
LIRR
✕
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Mixed-Use
265 Flatbush Avenue,
Prospect Heights
646-427-2290
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Details
Stories
4
Residential Units
4
Commercial Units
1
Gross SF
7,104
Overview
TerraCRG has been exclusively retained to represent ownership in the sale of 265 Flatbush Avenue, a massive 4-story 24-foot wide, mixed-use building in the prime Brooklyn neighborhood of Prospect Heights, less than 3 blocks from Barclays Center. The approximately 7,104 SF building currently sits vacant as it was damaged in a fire 10 years ago. The building requires a full gut renovation to re-occupy the building. The building can be configured as four large apartments and one store as per the I-card and has a gross potential rent roll of $630,528 post renovation. The tax-class protected building sits on the popular Flatbush Avenue retail corridor, where rents can exceed $120/SF. It also benefits from its proximity to Atlantic Terminal and its multiple transit lines, including the 2, 3, N, Q, R, 4, 5, B, D and LIRR.Attractions
Van Leeuwen Ice Cream
Ciao Gloria Café
Alta Calidad
Inaka
Caffe De Marini
Little Cupcake Bake Shop
R&D Foods
Faun
Ozakaya
Nourish
Milk Bar
Mille-Feuille Bakery
Dough Doughnuts
Ample Hills
Prospect Butcher Co.
Patti Ann’s
Lalou
SweetBee Coffee
Simo Pizza
Homeslice
Bicycle Habitat
King David Tacos
Prospect Cut & Shave
Olde Brooklyn Bagel Shoppe
Fausto
Ki Sushi
PurBird
Doughnut Plant
Brooklyn Larder
Just Salad
Chick-Fil-A
Shake Shack
Fini Pizza
Patsy’s
Pecking House
Barclays Center
Chelsea Piers Field House
Grand Army Plaza
Grand Army Plaza Greenmarket
Brooklyn Museum
Brooklyn Public Library
