8623 Flatlands AVE Brooklyn, NY 11236

UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Canarsie
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
This 4-story building is home to 8 free-market units and 4 affordable units, along with 2,223SF of retail space, private parking, laundry, and accessory and bicycle storage. The residential rent roll is strong at $31,122/month ($373,464/year). There are 8 parking spaces that can rent for $150/space ($14,400/year). Owner pays electric (approximately $600/month for common areas and the elevator) and water ($16,746.78 for 2025).
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

NEARBY SCHOOL & BUSINESS

Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.
Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.
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