747 Flushing Avenue, Brooklyn, NY 11206

Property Description

747 Flushing Avenue features one ground-floor commercial space and two large 3-bedroom apartments above. Basement includes storage and a separate boiler room. All tenants have separate meters and pay their own utilities including water. Low taxes: $4,577. Located directly across from Woodhull Hospital and just half a block to the J & M trains (Flushing Ave Station) with B43/B57 buses nearby. Building Size: 3,843 sq ft Additional Buildable SF: Approx. 1,838 sq. ft. of unused FAR (verify with architect) Market Rents: • 3BR: $5,100 • 3BR: $5,100 • Retail/Restaurant: $5,000 HPD has approved a large-scale development plan for the Broadway Triangle area, including new commercial spaces and approximately 400 affordable housing units, further enhancing the value and future demand of this location. Strong income potential in a rapidly developing corridor.