See Home Value
$1,418,393*
Commercial - Off Market

1023 Flatbush Avenue

Brooklyn, NY 11226
bedrooms
Studio
bathrooms
0 Bath
square feet
2500 Sqft
$1,170,000 - $1,428,000
Reference Base Price*
9.19%
Since Apr 1, 2022
NY-New York
Primary Model

About This Property

Amazing liquor store with massive foot traffic.  Great business opportunity in a great location! 2,500 square foot store PLUS 3,000 square foot basement.  9 1/2 year lease left at $11,000 a month with additional 5 year option (3% increase each year). Owner pays $800 a month towards taxes and additional $1,500 heat, electric & water.  Business is sold with $650,000 worth of inventory.  Owner grosses $5 Million per year.  Unbelievable business opportunity! Owner is retiring. Must see!

The manager has listed the unit size as 2500 square feet.
Unit Size
2,500Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$520
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1930

Price History

Date / Event Date Event Price
Mar 2, 2022 No longer available -
No longer available
Jul 31, 2021 Price Decreased $1,299,000
↓ $100K (7.2%)
Price Decreased
Jul 20, 2021 Listed $1,399,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$880,000 Jun 23, 2020
$880,000 Mar 16, 2022
-
5 Beds
3 Baths
2,700 ft²
$396/ft²
$1,070,000 May 5, 2017
$1,070,000 Dec 12, 2017
$125/mo
Co-op
4 Beds
2 Baths
1,985 ft²
$605/ft²
$1,200,000 Feb 14, 2017
$1,200,000 Jun 16, 2017
$1,005/mo
Co-op
4 Beds
2 Baths
1,900 ft²
$630/ft²
$1,196,500 Jul 11, 2018
$1,196,500 May 6, 2019
$1,117/mo
Townhouse
6 Beds
2 Baths
1,620 ft²
$710/ft²
$1,150,000 Jan 23, 2022
$1,150,000 May 20, 2022
-
Co-op
3 Beds
2 Baths
1,375 ft²
$964/ft²
$1,325,000 Oct 14, 2021
$1,325,000 Feb 28, 2022
$740/mo
Other
Loft
-
2,731 ft²
$436/ft²
$1,190,000 Jul 15, 2022
-
$411/mo
Other
Loft
-
2,250 ft²
$528/ft²
$1,188,000 Sep 12, 2021
-
$513/mo
Other
Loft
-
1,760 ft²
$710/ft²
$1,250,000 Mar 15, 2022
-
-
Other
Loft
-
3,300 ft²
$363/ft²
$1,199,000 Sep 7, 2022
-
$483/mo
Other
Loft
-
3,300 ft²
$348/ft²
$1,150,000 Dec 23, 2022
-
$473/mo
Other
Loft
-
3,654 ft²
$424/ft²
$1,550,000 Jan 5, 2023
-
$790/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210720
07/20/2021
Loft
-
2500 ft²
$1,399,000
bedrooms
Loft
bathrooms
-
square feet
2500 ft²
-
-
-
Tammy Barmack
Brooklyn's 4 U Realty LLC

Building Info

1023 Flatbush Avenue 1023 Flatbush Avenue, Brooklyn, NY 11226
  • 4 Units
More about this Building
1023 Flatbush Avenue
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About Central Brooklyn


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