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950 Flatbush Avenue, Brooklyn, photo 1
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950 Flatbush Avenue, photo 2

950 Flatbush Avenue

$3,500,000

Est. $20,511/mo

Brooklyn, NY 11226 · Brooklyn

Status
Active
On site
122 days

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About this home

Presenting our latest exclusive at the newly built 950 Flatbush Avenue, a rare mixed-use investment opportunity located in one of Brooklyn’s busiest and most established commercial corridors. This well-maintained property features five residential units plus one established retail store FREE MARKET, offering strong in-place income and long-term upside. Property Highlights Lot Size: 20' x 113.67' Building Size: 20' x 55' Zoning: R7A / C4-4A (R7A Equivalent) Stories: 3 Basement: Full walk-out basement Asking Price: $3,200,000 Residential Configuration 1 Studio Garden Apartment 2 One-Bedroom Apartments 2 Two-Bedroom Apartments Commercial Component The ground-floor retail space is leased to Carvel, a nationally recognized ice cream brand, generating $7,000 per month in rental income from a stable commercial tenant. Moving in next month. Investment Potential Situated on high-traffic Flatbush Avenue, this property offers investors a compelling combination of: Strong current cash flow Creditworthy retail tenancy Desirable residential unit mix Finished basement for additional utility Valuable mixed-use zoning with potential for future development Location Positioned in the vibrant Flatbush neighborhood of Brooklyn, the property benefits from excellent foot traffic, public transportation access, and close proximity to shopping, dining, and neighborhood amenities. This is an outstanding opportunity to acquire a turnkey mixed-use asset in one of Brooklyn’s most dynamic and consistently performing investment markets.

Listed with 5 Boro Realty Corp · Nina Sabag · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 7:08 PM ET. ©2026 One Key MLS.

Estimate Your Monthly Payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.

$20,510.75Total / mo

Estimated Monthly Payment

Principal & interest
$17,240.08 (84.1%)
Taxes
$3,070.67 (15.0%)
Insurance
$200.00 (1.0%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around Brooklyn, NY

Current Listings

New in the last 30 days

219

Sep 2026

Average Price

Active listings

$1,285,920

Sep 2026

Average Days on Market

Active listings

175 days

Sep 2026

Computed from 1,574 active OneKey MLS listings in Brooklyn, NY.

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