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$ 5,300,000
Est. payment /mo
Active
8623 Flatlands AVE Brooklyn, NY 11236
5,401 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 982586
Rental Info No
Year Built 2022
Annual Tax Amount $118,467
Lot Size 5,401 Sqft
Acres 0.124
Property Sub-Type Multi Family
Source onekey2
Property Description
Rare opportunity to add the only mixed-use property currently available in the 11236 zip code to your portfolio. A newly constructed elevator building featuring 12 residential units, ground-floor retail, 8 enclosed parking spaces, and a 35-year 421-a tax exemption.
The building spans four stories plus a cellar and includes a residential lobby, dedicated parking garage, and accessory and bicycle storage. The second, third, and fourth floors house 12 residential units, complemented by multiple private and shared rooftop terraces. The ground-floor retail space is currently occupied by a pawn shop.
This property offers a rare combination of new construction, multiple income streams, and long-term tax advantages in Brooklyn.
The building spans four stories plus a cellar and includes a residential lobby, dedicated parking garage, and accessory and bicycle storage. The second, third, and fourth floors house 12 residential units, complemented by multiple private and shared rooftop terraces. The ground-floor retail space is currently occupied by a pawn shop.
This property offers a rare combination of new construction, multiple income streams, and long-term tax advantages in Brooklyn.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Finished, Storage Space
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Garage, Private
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Building
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Other
Others
Special Listing Condition None
Listed by Legacy Estate Realty • Elana Bernstein
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