$1,295,000

Keller Williams NYC is pleased to present 1690 Flatbush Ave, a well-located mixed-use building on one of Brooklyn's most heavily trafficked commercial corridors. Set in the Midwood/Flatlands section between Avenue I and East 34th Street, the property combines a leased ground-floor retail unit with two residential apartments, giving a buyer three distinct paths to build value in a single acquisition. The offering is anchored by a stable, income-producing commercial tenant and a below-market residential units with room to grow. Ownership has carried out a meaningful round of building-wide upgrades in recent years — from mechanical systems to the roof — which should ease the capital burden on a new owner in the near term. The location itself is a core part of the story: steady foot traffic, proximity to Brooklyn College, and easy access to the Junction shopping district and area bus lines all support durable retail and residential demand. It's a fit for a range of buyers — a value-add investor drawn to the rent upside, a 1031 exchange buyer seeking a manageable Brooklyn asset, or an owner-user planning to live in one unit while the building's other income covers the carry. Please email to schedule a tour and download an Offering Memorandum. Investment highlights 3 Total Units | 2 Free Market Residential Apts Occupied ground-floor commercial storefront generating $5,000/month ($60,000/year) The owner-occupied unit can be delivered vacant — renovate, occupy, or lease at market Extensive recent capital improvements (roof, boiler room, gas heater, water heater, chimney liner) reduce near-term capex risk High-visibility Flatbush Avenue corridor near Brooklyn College and the Junction retail hub