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265 Flatbush AvenueBrooklyn, NY 11217

For Sale

$5,200,000

Smart Buyer Rebate $65,000

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.

Listed by Alexander F Maroni

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License #10301201619

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Douglas Elliman Real Estate

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(917) 704-3102

Last updated August 22, 2025

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Source: REBNY #RLS20030328

Listing Facts

  • TypeSingle-family
  • NeighborhoodProspect Heights
  • Bedrooms10
  • Bathrooms5
  • Days on Prevu90

Amenities

  • Private Outdoor Space
  • Pets Allowed

Location

Mortgage Calculator

Listing History

06/11/2025
Listed by Douglas Elliman Real Estate
$5,200,000

Estimated Closing Costs

Total
$229,980
Attorney Fees
$4,000
NYC Mansion Tax
$117,000
Title Insurance
$23,400
Bank Attorney
$1,500
Mortgage Recording Tax
$80,080
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $5,200,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 265 Flatbush Avenue

Association

Amenities

  • Pets Allowed: Building Yes, Yes

Compensation

Commissions

  • Buyer Agency Compensation: 2.25Percent

Exterior

Construction

  • Number Of Units Total: 4
  • Property Condition: Good Condition
  • Stories Total: 4
  • Year Built: 1930
  • Entry Level: 4

Interior

Features

  • Appliances: Washer Dryer Allowed

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 10
  • Rooms Total: 10

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Prospect Heights
  • Tax Block: 01143
  • Tax Lot: 0002

Utilities

Equipment

  • Laundry Features: Washer Hookup

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.