Retail building · Flatbush, Brooklyn
1007 Flatbush Avenue
Brooklyn, NY 11226
1007 Flatbush Avenue is a 1-floor retail building in Flatbush, Brooklyn, built in 1995, with about 142,000 square feet of retail space according to city records.
Also at 1007-1011 Flatbush Avenue, 2131 Tilden Avenue and 2145-2163 Tilden Avenue.
- Retail space
- 142K SF
- Floors
- 1
- Year built
- 1995
- Zoning
- C4-2
No space at 1007 Flatbush Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
How 1007 Flatbush Avenue compares
Next to the 3 nearest large commercial buildings, all within a 4 minute walk, 1007 Flatbush Avenue ranks 2nd of 4 by commercial floor area. It went up in 1995; the median neighbor dates from 1932. Its estimated property tax, about $8.66 a square foot of floor area before abatements, is above the neighbors' median of $6.25.
| Building | Commercial space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 1007 Flatbush Avenue | 142K SF | 1 | 1995 | $8.66 | Aug 2004, $35.4M (3 lots) |
| 2207 Albemarle Road | 71K SF | 2 | 1930 | $6.25 | Apr 2009, $15.1M |
| 2359 Bedford Avenue | 176K SF | 3 | 1932 | $4.10 | n/a |
| 2242 Church Avenue | 75K SF | 4 | 2013 | $6.83 | Mar 2015, $6.2M |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 1007-1011 Flatbush Avenue; 2131 Tilden Avenue; 2145-2163 Tilden Avenue
- ZIP code
- 11226
- Building type
- Retail building (city class K1)
- Total floor area
- 141,599 SF
- Commercial floor area
- 141,599 SF
- Retail
- 141,599 SF
- Height
- 1 floor
- Year built
- 1995
- Last major alteration
- 2020
- Lot area
- 107,142 SF
- Zoning district
- C4-2
- Built FAR
- 1.32
- Max commercial FAR
- 3.4
- Tax lot (BBL)
- 3051260001
Nearest subway
- Church Av
- Beverly Rd
- Beverley Rd
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-09-30. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates.
NYC Department of Finance records
Property tax and assessed value
For tax year 2026/27 the city values 1007 Flatbush Avenue at $25.1 million and assesses it at $11.3 million. After phase-ins and exemptions its taxable value is $11.3 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $1.23 million a year before abatements, roughly $8.66 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $25,133,000
- Land market value
- $4,240,000
- Assessed value
- $11,309,850
- Estimated yearly tax
- About $1.23 million
- Tax per SF of floor area
- About $8.66
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll), pulled 2026-09-30; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
NYC property records (ACRIS)
Sales history
1007 Flatbush Avenue last sold in August 2004 in a $35.4 million sale that covered 3 tax lots, this one among them, according to the deed recorded with the city. FOREST CITY TILDEN ASSOCIATES, L.P. sold it to FLATBUSH DELAWARE HOLDING LLC.
- Last sale (deed date)
- August 9, 2004
- Combined price
- $35,414,387 for 3 tax lots
- Seller
- FOREST CITY TILDEN ASSOCIATES, L.P.
- Buyer
- FLATBUSH DELAWARE HOLDING LLC
- Deed recorded
- September 8, 2004
- ACRIS document
- 2004081900174001
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-09-30; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out; a price for several tax lots is the combined price, not this building's alone.
Before you sign
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Questions about 1007 Flatbush Avenue
How big is 1007 Flatbush Avenue?
1007 Flatbush Avenue has about 142,000 square feet of floor area in total, including 142,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 1007 Flatbush Avenue built?
City records list 1995 as the year built, with a major alteration recorded in 2020. The building is 1 floor tall.
What other addresses does 1007 Flatbush Avenue have?
City records list 1007-1011 Flatbush Avenue, 2131 Tilden Avenue and 2145-2163 Tilden Avenue on the same tax lot (BBL 3051260001) as 1007 Flatbush Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 1007 Flatbush Avenue?
1007 Flatbush Avenue is in ZIP code 11226, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 1007 Flatbush Avenue, Brooklyn, NY 11226, in Flatbush.
What is the zoning at 1007 Flatbush Avenue?
The lot is in the C4-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.32 and a maximum commercial FAR of 3.4 for this lot.
What subway station is closest to 1007 Flatbush Avenue?
The closest subway station to 1007 Flatbush Avenue is Church Av (the B and Q trains), about 0.4 miles away in a straight line, roughly 8 minutes on foot. The MTA lists it as an accessible station. Also nearby: Beverly Rd (the 2 and 5 trains), 9 min walk; Beverley Rd (the Q train), 9 min walk. Walking times are straight-line estimates; the street route is longer.
When was 1007 Flatbush Avenue last sold?
1007 Flatbush Avenue last sold in August 2004 in a $35.4 million sale that covered 3 tax lots, this one among them, according to the deed recorded with the city. FOREST CITY TILDEN ASSOCIATES, L.P. sold it to FLATBUSH DELAWARE HOLDING LLC. The deed is ACRIS document 2004081900174001 (BBL 3051260001) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.
What are the property taxes at 1007 Flatbush Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $11.3 million for 1007 Flatbush Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.23 million a year, roughly $8.66 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3051260001 show the actual bill.
What is the assessed value of 1007 Flatbush Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 1007 Flatbush Avenue at $25.1 million ($4.24 million of it land) and its assessed value at $11.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 18% from 2022/23 ($30.7 million) to 2026/27.
Is there retail space for lease at 1007 Flatbush Avenue?
No space at 1007 Flatbush Avenue is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
Flatbush
Transit hubs in Flatbush
- B Q at Church Av
- 2 5 at Church Av
- Q at Beverley Rd
- Q at Parkside Av