$5,200,000
Updated a year ago
Off Market

265 Flatbush Ave

Prospect Heights, Brooklyn | 6th Ave & Saint Marks Ave

15 Rooms6 Beds3 Baths7,000 Square FeetMixed Use

$5,200,000
floors / apts4 / 3
Lot Size24'x100'
Built Size24'x60'
ZoneR7A
Building TypeLow-Rise
RE Taxes$19,380
Price Per SF
$743

Building Amenities

  • Elevator

Property Description for 265 Flatbush Ave

265 Flatbush Avenue is a massive 24" wide x 70" deep building at the bustling intersection of Park Slope, Prospect Heights, and Downtown Brooklyn.

This 7000+ square foot building can be expanded to 9600 square feet, presenting a rare opportunity to create several huge full floor residences with private elevator access above a blue chip retail space on one of the city's best retail corridors.

Located right next to Barclays Center and the Atlantic Avenue transit hub, 265 Flatbush is located in the most central area in Brooklyn. In one direction you have the bustle and density of Downtown Brooklyn and in the other you have the charm and residential character of brownstone Brooklyn and Prospect Park.

In need of a total renovation, this building will be a superb condominium development or multi-family income generating property.


Listing History for 265 Flatbush Ave

Now
09/21/2025
Expired by Alexander Maroni
Douglas Elliman
06/11/2025
$5,200,000
Initial Price by Alexander Maroni
Douglas Elliman

Building Details for 265 Flatbush Ave

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
Year Built1930
Floors/Apts4/3
Learn More About the Building

Contact Agent

Contact Agent

Alexander Maroni
Douglas Elliman

Prospect Heights | Brooklyn

Quick Profile

Prospect Heights is a small residential neighborhood surrounded by big attractions. It’s rich in culture and offers the perfect blend of old Brooklyn charm and modern-day hipness. 

Residents of this tight-knit community include young professionals, families and long-time residents. It’s a walkers paradise - just steps from Prospect Park and a short walking distance to neighborhoods like Downtown Brooklyn, Fort Green and Clinton. You’re close to culture too. Brooklyn Museum, Brooklyn Library, Brooklyn Botanical Garden, Brooklyn Academy of Music and the Barclays Center are all nearby.

Prospect Heights is bordered by Flatbush Avenue to the west, Washington Avenue to the east, Atlantic Avenue and Dean Street to the north and Eastern Parkway to the south.

Prospect Heights, like many areas of New York City, was first inhabited by indigenous tribes and eventually settled by the Dutch and turned into farmland. 

A significant part of the Revolutionary War was fought in Prospect Heights and the surrounding areas. Known as the Battle of Brooklyn, it was the first military engagement following the Declaration of Independence. Things didn’t go so well for American forces so they retreated and the British occupied Manhattan for several years after the Battle of Brooklyn.

In 1867, the opening of Prospect Park caused major housing growth in Prospect Heights. The middle-class neighborhood was soon populated by Jewish, Italian, and Irish workers. Many of which were shop-owners or employed as laborers in nearby factories.

Housing in Prospect Heights includes single-family row houses, historic townhouses, co-ops, and new luxury condos. The median listed price for a 1-bedroom in Prospect Heights is $680,000 with an average price per square foot is $944.

The neighborhood's commercial artery runs along Vanderbilt Avenue and Washington Avenue. The variety of businesses adds to the charm of the neighborhood. They include bars, pubs, restaurants and mom-and-pop stores of all types. The shops and eateries are a perfect alternative to the big-name attractions that bracket the neighborhood. It's a little bit of everything in this neighborhood. 

Subways are plentiful in Prospect Heights. Its proximity to Manhattan is another perk of the neighborhood. It's about a half-hour train ride. The B, D, N, Q, R, 2, 3, 4 and 5 subway lines all serve the Atlantic Avenue/Barclays Center station. 2, 3, 4, B and Q trains cover the neighborhood and the A and C trains are nearby too. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 101198TH