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1238 Flatbush Avenue, Brooklyn, NY 11226

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For Sale

$1,400,000

3,024 sqft

Estimated Payment

$ 7,794 /mo. †

6.67% APR for 30 yrs.
$7,071 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • $462.96
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Here's an opportunity to own a great mixed use property on one of the most iconic streets in Brooklyn. This property is located on a high traffic commercial area to accommodate commercial tenant. Above the commercial space are two three bedroom residential apartments. Tenants pay their own utilities including heat and hot water. Each unit has its own separate boiler and water heater. There are currently no leases.
MLS# 488333

Courtesy Of Paragon Real Estate

(718) 484-3611

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Hardwood, Tile
  • Heating System
    Radiator, Steam
  • Lot Size
    0.04 Acres

Map and Directions

Directions to 1238 Flatbush Avenue, Brooklyn, NY 11226

Home seller CENTURY 21 MK Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 MK Realty

(718) 627-7390
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $7,205
  • Property Taxes
    $589
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $7,794

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

School Of Science And Technology

Grades KG-5 Public School

Brooklyn, NY 11210 0.5 miles
725 e 23rd st

560 total students
14:1 Student teacher ratio

School Rating: C

School Details

P.s. K315 Brooklyn

Grades KG-5 Public School

Brooklyn, NY 11210 0.5 miles
2310 glenwood rd

549 total students
12:1 Student teacher ratio

School Rating: C+

School Details
Other Nearby Schools Distance Type Grades School Rating
Cortelyou Early Childhood Center 0.3 miles Private PK-4
Brooklyn Kids Preparatory School 0.3 miles Private PK-8
Brooklyn Kids Preparatory School 0.3 miles Private KG-8
Central Brooklyn Ascend Charter School 0.3 miles Public KG-7 A-
P.s. 361 East Flatbush Early Childhood School 0.4 miles Public KG-2 D
P.s. 269 Nostrand School 0.4 miles Public 3-5
Midwood Montessori School 0.4 miles Private PK-KG
P.s. 245 Brooklyn 0.5 miles Public 1-5 B+
Midwood High School 0.5 miles Public 9-12 B+
P.s. 139 Alexine A. Fenty School 0.5 miles Public PK-5 B
M.s. 246 Walt Whitman 0.6 miles Public 6-8 D+
Brooklyn Seventh-day Adventist School 0.6 miles Private PK-8
P.s. 399 Stanley Eugene Clark School 0.6 miles Public KG-5 D
Norma Adams Clemons Academy 0.6 miles Public KG-5 C
Success Academy Charter School-flatbush 0.6 miles Public KG-4 A
Cortelyou Early Childhood Center 0.6 miles Private KG
Academy For College Preparatory And Career Exp 0.7 miles Public 6-12 D
Science Technology & Research Early College 0.7 miles Public 6-12 A-

Cortelyou Early Childhood Center

Distance: 0.3 miles

Type Private

Grades: PK-4

Brooklyn Kids Preparatory School

Distance: 0.3 miles

Type Private

Grades: PK-8

Brooklyn Kids Preparatory School

Distance: 0.3 miles

Type Private

Grades: KG-8

Central Brooklyn Ascend Charter School

Distance: 0.3 miles

Type Public

Grades: KG-7

A-

P.s. 361 East Flatbush Early Childhood School

Distance: 0.4 miles

Type Public

Grades: KG-2

D

P.s. 269 Nostrand School

Distance: 0.4 miles

Type Public

Grades: 3-5

Midwood Montessori School

Distance: 0.4 miles

Type Private

Grades: PK-KG

P.s. 245 Brooklyn

Distance: 0.5 miles

Type Public

Grades: 1-5

B+

Midwood High School

Distance: 0.5 miles

Type Public

Grades: 9-12

B+

P.s. 139 Alexine A. Fenty School

Distance: 0.5 miles

Type Public

Grades: PK-5

B

M.s. 246 Walt Whitman

Distance: 0.6 miles

Type Public

Grades: 6-8

D+

Brooklyn Seventh-day Adventist School

Distance: 0.6 miles

Type Private

Grades: PK-8

P.s. 399 Stanley Eugene Clark School

Distance: 0.6 miles

Type Public

Grades: KG-5

D

Norma Adams Clemons Academy

Distance: 0.6 miles

Type Public

Grades: KG-5

C

Success Academy Charter School-flatbush

Distance: 0.6 miles

Type Public

Grades: KG-4

A

Cortelyou Early Childhood Center

Distance: 0.6 miles

Type Private

Grades: KG

Academy For College Preparatory And Career Exp

Distance: 0.7 miles

Type Public

Grades: 6-12

D

Science Technology & Research Early College

Distance: 0.7 miles

Type Public

Grades: 6-12

A-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Brooklyn, NY 11226

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Brooklyn, NY 11226

This community’s employment is highest in the education and personal care industries. The area’s overall household expenses are below the national average.

84° July
Hottest Average Month
25° January
Coldest Average Month
37,095 Total Households in Area
-5.8% Increase in population since the year 2010
25.8%
of households
have children
44 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Brooklyn, NY 11226

Brooklyn, NY 11226 has a population of 96,729 people in 37,095 households with a median age of 36.6 years old.

-5.8%
Decrease in population
since the year 2010
Population is Trending down
38,753
Total households as of 2010
1.5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 36.6 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 59%
Hispanic 17%
White 14%
Other 10%
Asian 5%
Native American <1%
The most prevalent ethnicity is Black at 59%, followed by Hispanic at 17%, White at 14%, and Other at 10%.

Economics
for Brooklyn, NY 11226

62,060 /sq mi
Population Density
$75,430 /yr
Median Household Income
$650,000
Median Sales Price
44 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 15.63% of the households.

Transportation to Work

  • Public Transit 68%
  • Drive 16%
  • Work from Home 10%
  • Walk or Bike 7%

Occupancy by Type

Rented 31,551 81%
Owned 5,544 14%
Vacant 2,097 5%

White vs Blue Collar Jobs







White Collar 80%
Blue Collar 20%

Family & Education Facts
for Brooklyn, NY 11226

36.6 Median Age

Average Household Size

2.5
persons per
household

28.2%

Married Households

Community Population By Education

High School Graduate 32%
Bachelors Degree 21%
Some College 17%
Graduate Degree 13%
Some High School 12%
Associates Degree 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 31.61% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
25.9% of households have children

Weather
for Brooklyn, NY 11226

The weather for this area ranges from a high of 84° F in July to a low of 25° F in January

84° July
Hottest Average Month
25° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
25°
39°
Feb
27°
41°
Mar
33°
49°
Apr
43°
60°
May
52°
70°
Jun
62°
79°
Jul
68°
84°
Aug
67°
83°
Sep
60°
76°
Oct
49°
65°
Nov
40°
54°
Dec
30°
43°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Brooklyn, NY 11226!
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Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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