8623 Flatlands Ave Brooklyn, NY 11236

Building Details

Year Built

2022

Listing agency e***@gmail.com Show Phone

Listed by Elana Bernstein Show Phone

Source Elliman

Added: Apr 10 Updated: Jul 10 at 12:40PM Checked: Jul 21 at 5:46AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elana Bernstein

---

Investment Insights

Based on property information with market context.

This mixed-use property is a newly constructed elevator building featuring 12 residential units and ground-floor retail space. The building includes 8 enclosed parking spaces and benefits from a 35-year 421-a tax exemption. Spanning four stories plus a cellar, the property incorporates a residential lobby, a dedicated parking garage, and accessory and bicycle storage. The second, third, and fourth floors accommodate the 12 residential units, enhanced by multiple private and shared rooftop terraces. Currently, the ground-floor retail space is occupied by a pawn shop. The property is located in a very walkable area with excellent transit and is bikeable.

Key Highlights

• Benefit from a 35‑year 421‑a tax exemption.
• Newly constructed elevator building, built in 2022.
• Mixed‑use property featuring 12 residential units and ground‑floor retail space.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $1,030,000

  2,870 SF

  New Retail Condo with Indoor Parking

  Vacant, newly built retail condo with available indoor parking options for a wide range of businesses.

  268 Bay Ridge Avenue, Brooklyn, NY 11220

  View Details
• 

  $988,000

  2,292 SF

  Storefront Condo with Parking

  Built in 2015 and currently used as a bakery, with indoor parking available for additional cost.

  268 Bay Ridge Avenue, Brooklyn, NY 11220

  View Details
• 

  $1,390,000

  3,239 SF

  First-Floor and Cellar Commercial Condo

  Modern 2017 mixed-use condo with flexible space for office, medical, fitness, or community uses.

  832 40th Street, Brooklyn, NY 11232

  View Details
• 

  $7,500,000

  6,800 SF

  Four-Story Building with Restaurant

  Restaurant on the first floor with six office suites across the upper three levels in an R6 zoned building.

  774 59th Street, Brooklyn, NY 11220

  View Details
• 

  $590,800

  1,200 SF

  Ground-Level Retail Storefront with Parking

  Ground-level retail store built in 2015 with available indoor parking and full possession for a flexible tenant buildout.

  268 Bay Ridge Avenue, Brooklyn, NY 11220

  View Details
• 

  $1,488,888

  2,600 SF

  Retail Storefront with Operating Dry Cleaner

  Storefront property includes an operating dry-cleaning business on a 19-by-146-foot lot.

  1627 Sheepshead Bay Road, Brooklyn, NY 11235

  View Details
• 

  $1,190,000

  1,079 SF

  Move-In Ready Medical Office Condo

  Turnkey 6th-floor commercial condo with reception, exam/treatment rooms, two bathrooms, and employee break room in an elevator building.

  849 53rd Street, Brooklyn, NY 11220

  View Details
• 

  $999,000

  15,000 SF

  Turn-Key Supermarket Business

  Fully equipped supermarket occupies the entire block along Quentin Road, with refrigerated and freezer equipment plus a full basement.

  53-65 Quentin Road, Brooklyn, NY 11223

  View Details
• 

  $3,100,000

  6,362 SF

  Triple-Net Retail Storefronts

  Three retail storefronts built in 2015 with 10 indoor parking spaces, offered as a package sale with NNN tenants.

  268 Bay Ridge Avenue, Brooklyn, NY 11220

  View Details
• 

  $898,000

  966 SF

  Turnkey Laundromat with Dry-Cleaning

  Fully equipped laundromat with washers, dryers, and dry-cleaning services plus a storage basement.

  2415 Bath Avenue, Brooklyn, NY 11214

  View Details
• 

  $518,000

  1,018 SF

  Turnkey Second-Floor Medical Office Suite

  Fully equipped 2nd-floor suite in an elevator building with enclosed reception, private offices, storage, pantry, and two bathrooms.

  863 50th Street, Brooklyn, NY 11220

  View Details
• 

  $900,000

  29,171 SF

  Corner Medical Suite with Private Entrance

  Ground-floor corner suite zoned for ambulatory or diagnostic care, with waiting area, exam room, and private entry.

  531 5th Street, Brooklyn, NY 11215

  View Details

FAQs

What type of property is this?

Mixed-use property - New construction mixed-use property with 421-a tax exemption.

Where is this mixed-use property located?

The property is located at 8623 Flatlands Ave Brooklyn, NY.

What is the asking price?

The asking price for this property is $5,300,000.

What are key features of this property?

This property features: Benefit from a **35‑year 421‑a tax exemption**.; Newly constructed elevator building, built in 2022.; Mixed‑use property featuring 12 residential units and ground‑floor retail space.