1425 Foster Avenue, Brooklyn, NY 11230

Property Description

Prime Mixed-Use Opportunity in Historic Ditmas Park! Prime multi-story brick mixed-use property featuring 3,400 sq. ft. of total structure area across multiple levels plus a finished basement. Delivered 100% vacant at closing—an ideal blank-canvas opportunity for investors, end-users, or business owners seeking strong long-term rental income or a customizable owner-occupied space. Property & Building Highlights: Mixed-Use Designation: High-visibility ground-floor commercial space paired with a 3-bedroom, 2-bathroom upper residential/office configuration. Building Size: 3,400 interior square feet on a 1,310 sq. ft. lot. Financials: Low holding costs with annual property taxes of approximately $6,486. Mechanicals: Solid brick construction equipped with updated ductless heating/cooling heat pumps and natural gas systems. Unbeatable Location Benefits: Situated on Foster Avenue between Coney Island Avenue and East 15th Street in the heart of Ditmas Park. Located less than 500 feet from the Newkirk Plaza B/Q subway station, providing direct access to constant commuter foot traffic and seamless 30-minute rides into Manhattan. Positioned alongside popular neighborhood dining, local shopping, and PS 217. Flexible End-Use Possibilities: Perfect for an owner-user running a retail store, professional office, or medical practice on the ground level while living upstairs; a value-add investment to lease both units at market rate; or a live-and-income setup to offset holding costs.