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.
- Heating System:
- Heat Pump, Natural Gas
- Cooling System:
- Ductless
- Basement:
- Finished
- Appliances:
- Convection Oven
- Interior Features:
- Open Kitchen
- Parking Features:
- No
- Sewer:
- Public Sewer
- Utilities:
- Cable Available
- City:
- NY
- State:
- NY
- Street:
- Foster
- Street Number:
- 1425
- Street Suffix:
- Avenue
- Postal Code:
- 11230
- Floor Number:
- 0
- Longitude:
- W74° 2' 12.3''
- Latitude:
- N40° 38' 3.3''
- Direction Faces:
- North
- Directions:
- From Ocean Parkway: Head north or south to Foster Avenue. Turn east onto Foster Avenue and continue for approximately half a mile. The property is located on the right (south) side of the street, situated between Coney Island Avenue and East 15th Street. From Flatbush Avenue: Take Foster Avenue westbound. Cross over Bedford Avenue and East 17th Street. The destination will be on your left, just past East 15th Stree
- PostalCity:
- Brooklyn
- Architectural Style:
- Other
- Construction Materials:
- Brick
- Elementary School:
- Ps 217 Col David Marcus School
- High School:
- James Madison High School
- Agent MlsId:
- 107197
- MiddleOrJunior School:
- Is 381
- PhotosCount:
- 1
- Special Listing Conditions:
- No
- Tax Annual Amount:
- $6,487
- Water Source:
- Public
- Office MlsId:
- ZEE01
Residential - MLS# 988577
1425 Foster Avenue, New York, NY
- Property Type :
- Residential
- Property SubType :
- Single Family Residence
- Listing Type :
- For Rent
- Listing ID :
- 988577
- Price :
- $2,199,000
- Rooms :
- 5
- Bedrooms :
- 3
- Bathrooms :
- 2
- Bathrooms Total :
- 2
- Square Footage :
- 3,400 Sqft
- Building Area :
- 3,400 Sqft
- Lot Area :
- 0.03 Acre
- Year Built :
- 1933
- Status :
- Active
- Listing Agent :
- Zeeshan Basit
- Listing Office :
- American Fine Homes & Estates
