Avison Young, as the exclusive agent, is pleased to offer for sale 1457 Flatbush Avenue (the “Property”), also known as “The Junction”. The property is located on the east side of Flatbush avenue between E 28th & E 29th Streets in Flatbush, Brooklyn. This 8-story, new construction mixed-use elevator building with 175 feet of wraparound frontage was completed in 2023 with a 35-year 421a tax abatement that expires in 2057. This amenitized Luxury building consists of various one-bedroom and two-bedroom layouts across 87 residential units over 3 retail spaces, operating at full occupancy. The Junction offers its tenants a vast amenity package consisting of a Luxury Gym, Rear Terrace, Roof Deck, Office Spaces, Pet Spa’s and Parking.
Strong Income Profile