**About the Property:**
Welcome to 1159 Flatbush Avenue, a prime corner loft building nestled along the vibrant Flatbush Corridor in the heart of Brooklyn, New York. This property is a rare gem with an intriguing history and promising future. It offers a unique opportunity to be part of a dynamic neighborhood in the midst of revitalization.
**Location:**
This property is strategically located merely three blocks away from the renowned Kings Theater, a cultural landmark in the Brooklyn entertainment scene. Surrounded by new developments and bustling activity, it enjoys a position of prominence in a rapidly evolving area.
**Versatile Certificate of Occupancy:**
One of the standout features of this property is its coveted certificate of occupancy, which allows for versatile utilization. Its approved uses encompass a wide range of options, including:
1. **Educational Facility:** Ideal for a school, tutoring center, or training institute.
2. **Financial Institution:** Perfect for a bank branch or financial services hub.
3. **Medical Office:** Suited for medical practitioners or healthcare services.
4. **Flagship Retail Space:** An excellent choice for retail businesses looking to establish a flagship store in a high-traffic area.
5. **Religious Institution:** Suitable for a place of worship or community center.
**Property Features:**
– **Rooftop Potential:** The property comes with the exciting prospect of decking the rooftop. This space can be creatively utilized for outdoor seating, recreational areas, a play space, or other innovative purposes. It’s a valuable addition, providing an excellent way to maximize the property’s utility.
– **Air Rights:** The property also possesses air rights, opening up possibilities for future expansion and development. This feature offers the potential for growth and enhancement in accordance with your vision and needs.
**Property Details:**
– **Rental Rate:** At an attractive rate of $23.33 per square foot per year, this property offers an excellent opportunity for businesses looking for cost-effective space in a prime location.
– **Building Size:** With a total of 7,200 square feet, the property provides ample space to accommodate various business activities.
– **Year Built:** The building has a storied history, dating back to 1900, adding character and charm to the property.
– **Property Type:** Classified as a specialty property, it stands out from the ordinary and promises unique possibilities.
1159 Flatbush Avenue is not just a property; it’s a canvas for your aspirations, a place where your vision can take shape, and a part of a community that’s on the rise. Whether you’re an educational institution, a financial establishment, a healthcare provider, a retailer, or a religious organization, this property holds the potential to be a cornerstone of your success. With its prime location, versatile certificate of occupancy, and additional features, it’s a rare find in the heart of Brooklyn’s Flatbush Corridor. Don’t miss the opportunity to make this property your own and be a part of this thriving neighborhood.