Price Reduction
1267 Flatbush Avenue Brooklyn, NY
$ 1,999,000
Property Attributes
  • MLS#448720
  • TypeCommercial
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodFlatbush
  • Zip11226
  • StyleCommercial
  • Taxes18517
  • Price$ 1,999,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage900
  • Lot Size1,664 SqFt
Listing Provided Courtesy Of:
Melanie M. Kishk with Century 21 MK Realty
Data Source:
Brooklyn MLS
Property Description

A prime block 1,664 SF triangle lot housing a gas station and convenience store. The gas station tenant is on a True Triple-Net Lease (NNN) with the landlord having zero financial responsibility. The current rent is $8,359 per month with a 2% annual escalation. Lease ends in 2034 with no extensions after that. Lease also includes a personal guarantee. Highly active site and is the only gas station on Flatbush Avenue for several blocks. Contact agent for additional information.

Price History
3/1/2021 Listed $2,300,000
4/5/2021 9% - $2,100,000
4/26/2021 5% - $1,999,000

General Features

Borough Brooklyn
Building Type Detached
Ceiling Height Other
Current Use Other
Electric Other
Equipment Included Gas Station
Flooring Other
MLS Area Flatbush
Number Of Stores 1
Property Type Commercial
Roof Other
Sub Type Commercial
Utilities Other
Zoning R7A

Interior Features

Basement Amenities Other
Commercial Features Exterior Other
Commercial Features Interior Other
Heating Fuel Other
Lavatories Other
Unit Count 1
Walls Other

Exterior Features

Exterior Other
Foundation Other
Loading Docks Other
Lot Size Length 46
Lot Size Width 86
Lot Sq Ft 1664
Parking Attrib Other
Potential Use Other


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 11226

AVG $940K
AVG $17,391
AVG 16
AVG 94
Data Provided by Walkscore ® not using MLS data

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