Overview

TerraCRG has been exclusively retained to represent ownership in the sale of 228 Flatbush Avenue, a 4-story mixed-use building in the prime Brooklyn neighborhood of Park Slope, less than two blocks away from the Barclays Center. The approximately 5,289 SF building consists of 6 apartments over a retail store which is occupied by BKLYN Larder, a very popular specialty grocery that has operated in this location for over 15 years.

Two of the residential units will be delivered vacant, one of them allowing for significant rental upside.

228 Flatbush Avenue sits on the bustling Flatbush Avenue retail corridor, where rents can exceed $120/SF. It also benefits from its proximity to Atlantic Terminal and its multiple transit line which provides the property easy access to 10 subway lines and the LIRR.