1425 Foster Ave
Listing Notes
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.
Price in context
Cheaper than 33% of the 24 homes listed nearby right now, which run $1,279,000 to $2,995,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 765 E 9th St | $1,279,000 | 12 bd · 7 ba |
| 719 E 10th St | $1,299,000 | 4 bd · 3 ba |
| 771 E 9th St | $1,299,000 | 17 bd · 6 ba |
| 362 Webster Ave | $1,370,000 | 6 bd · 3 ba |
| 622 Marlborough Rd | $1,399,000 | 11 bd · 8 ba |
| 596 E 8th St | $1,530,000 | 5 bd · 3 ba |
| 761 E 9th St | $1,650,000 | 12 bd · 6 ba |
| 299 Webster Ave | $1,695,000 | 4 bd · 2 ba |
| 1113 Coney Island Ave | $1,699,000 | 8 bd · 4 ba |
| 682 Argyle Rd | $1,700,000 | 8 bd · 4 ba |
| 825 E 21st St | $1,750,000 | 5 bd · 3 ba |
| 1917 Glenwood Rd | $1,799,000 | 5 bd · 3 ba |
| 332 Parkville Ave | $1,985,000 | 7 bd · 3 ba |
| 1202 Avenue I | $1,990,000 | 8 bd · 4 ba |
| 652 Marlborough Ct | $2,175,000 | 4 bd · 4 ba |
| 502 E 17th St | $2,175,000 | 6 bd · 6 ba |
| 511 Argyle Rd | $2,300,000 | 7 bd · 4 ba |
| 902 E 12th St | $2,475,000 | 3 ba |
| 783 Rugby Rd | $2,500,000 | 5 bd · 3 ba |
| 1096 Ocean Ave | $2,580,000 | 34 bd · 17 ba |
| 428 E 18th St | $2,695,000 | 6 bd · 3 ba |
| 1117 Glenwood Rd | $2,700,000 | 8 bd · 6 ba |
| 1000 Ocean Ave | $2,700,000 | 6 bd · 2 ba |
| 700 E 17th St | $2,995,000 | 6 bd · 5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more
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