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663 Flatbush Ave
Brooklyn, NY 11225
Multifamily Property For Sale · 6 Units

INVESTMENT HIGHLIGHTS

  • 33% free market 4-story mixed-use building with three (3) 1-bedroom units, two (2) 2-bedroom units, one (1) 3-bedroom unit, and ground floor retail
  • Residential units offer modern layouts, high-end appliances, and hardwood floors throughout
  • Short walk to Prospect Park and four major hospitals in Brooklyn
  • Tax class 2B protects the underlying taxes from increasing significantly
  • Approximately 1,582 BSF of air rights, allowing for future development or air rights transfer to neighboring properties
  • Three blocks to the Q train, providing direct access to Downtown Brooklyn and Manhattan

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Restaurant
  • General Retail Supermarket
Apartment Style Mid-Rise
Building Class B
Lot Size 0.04 AC
Building Size 5,200 SF
No. Stories 4
Year Built 1931
Zoning R7-1 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. R7-1 has more parking requirements.

AMENITIES

UNIT AMENITIES

  • Dishwasher
  • Storage Space
  • Washer/Dryer
  • Stainless Steel Appliances

SITE AMENITIES

  • Security System
  • Roof Terrace
  • Maintenance on site

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05045-0009
Land Assessment
$7,650
Improvements Assessment
$346,950
Total Assessment
$354,600
  • Listing ID: 28676421

  • Date on Market: 6/6/2023

  • Last Updated:

  • Address: 663 Flatbush Ave, Brooklyn, NY 11225

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