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$14,000 / 7200ft2 - Flatbush Avenue Commercial Corner Building For Lease (Brooklyn)
1159 Flatbush Avenue, Brooklyn, NY 11226
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The building was successfully utilized as a preschool for over 25 years. The current certificate of occupancy lists it as a school with a capacity for 90 children. The possibility exists for the roof to be decked allowing for an outside play area. Most recently the building was the site of a community church and banquet hall. The property also has additional air rights that allows for future expansion and development.
This busy commercial area of the Flatbush Corridor has undergone a dramatic transformation over the past decade. From the Brooklyn Junction Mall just a few blocks away that houses major retailers such as Target to the new redevelopment of the Kings Theater located just steps away from the property. The Gap and Crunch Fitness have also opened locations in the area. The property is close to public transportation that makes it easily accessible.
The location and size of the building make it ideal for use as an educational facility, medical office, bank, religious institution or retail store.
Lease Price:
● $14,000 per month
● Plus 60% of annual taxes & all utilities
Sale Price:
● $5.8M
Contact Owner:
Dr. G. Grant
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