BEDS0
BATHS
MLS#982586
STATUSActive
PROPERTY TYPECommercial -
Property Description
Rare opportunity to add the largest mixed-use property currently available in the 11236 zip code to your portfolio. A newly constructed (2024) elevator building featuring 12 residential units, ground-floor retail occupied by a pawn shop, 8 enclosed parking spaces, and a 35-year 421-a tax exemption.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.
Property Features
Property Type: Commercial -
Basement: Finished, Storage Space
Basement: Yes
Cooling: Central Air
Heating: Natural Gas
Lot Size: 0.12 Acres
Taxes: $118,467
Year Built: 2022
Feature Descriptions
Building Area Total: 13497
Days on Site: 87
Exterior: Other
On Market Date: 2026-04-08
Parcel Number: 08007-0001
Parking Features: Garage, Private
Rental Term: Monthly
Sewer: Public Sewer
Units: 13
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: Legacy Estate Realty
Agency Contact: 917-635-3980
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
TOUR PROPERTY
Request a date and time to see 8623 Flatlands Avenue, Brooklyn, NY 11236.
An agent will get in touch to confirm your request shortly.
Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
Joyce Realty® and Logo are registered trademarks of US Patent & Trademark Office: Reg. No. 5,743,966-Ser. No. 88-0075,379. All rights reserved.
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/05/2026. The listing information on this page last changed on 07/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 07/05/2026 12:00:02 AM EST) or NJMLS/ IDX (last updated Sat 07/04/2026 11:23:39 PM EST) or OneKey MLS (last updated Sat 07/04/2026 11:53:19 PM EST) or REBNY MLS (last updated Sat 07/04/2026 9:23:24 PM EST). Real estate listings held by brokerage firms other than Joyce Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
![mls logo]()
Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
8623 Flatlands Avenue | MLS# 982586
This commercial property located at 8623 Flatlands Avenue, Brooklyn, NY 11236 is currently listed for sale with an asking price of $5,300,000. Search Brooklyn real estate on www.joycerealty.com today.