Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    8702 Flatlands Ave Brooklyn, NY 11236

    Sponsored
    For Lease
    $27 SF/Yr ($4,499 /Mo)

    Prime Brooklyn Retail Space - 1936 sq ft

    Lot size:
    1,936 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional retail property, located at 8702 Flatlands Avenue in Kings County (Brooklyn), presents a unique investment opportunity. The building, constructed in 1940, offers a total of 1,936 square feet of space across two stories. The single-tenant occupancy allows for immediate use and customization to suit a variety of business needs. Situated on a 1,613 square foot lot, the property boasts a highly desirable corner location, enhancing visibility and accessibility. The building features approximately 1,000 square feet on the main level, complemented by a full finished basement, providing ample storage or additional usable space. A significant advantage is the inclusion of a private backyard and a convenient rear entrance, offering flexibility for operations and customer access. The property is in very good condition, minimizing upfront capital expenditures. Its prime location makes it suitable for a wide range of retail businesses, capitalizing on high foot traffic and strong local demographics. This is an excellent chance to acquire a well-maintained, established retail space in a thriving Brooklyn neighborhood. The property's size, features, and location combine to create a compelling investment prospect with significant potential for return.

    Property Features for 8702 Flatlands Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,936 SF
    Total Rate
    4499.59

    Building Details

    Year Built
    1940
    Stories
    2

    Unit(s) available at that property

    Space
    8702 Flatlands Avenue
    Size
    1,936 SF
    Rate per SF
    $27

    HighLights

    • Retail property totaling 1,936 square feet.
    • Single‑tenant occupancy.
    • Situated on a 1,613 square foot lot.
    • Built in 1940, two‑story building.
    • Located in Kings County (Brooklyn).
    Property Profile Location Intelligence

    Current Use by Public Records

    Jazz It Up ... Dance School

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings (Brooklyn)
    State
    New York
    Longitude
    -73.9078928
    Latitude
    40.6387245

    Nearby Similar for Lease

    • New
      $25,000
      7,500 SF

      Renovated Office Space in Brooklyn

      7,500 sq ft of renovated office space for lease.
      405 Gates Ave, Brooklyn, NY 11216
      View Details
    • $5,850 /Mo
      1,200 SF

      Adaptable Retail + Creative Space

      Corner retail and creative space in East Williamsburg, Brooklyn.
      282 Scholes St, Brooklyn, NY 11206
      View Details
    • New
      $10,000 /Mo
      2,200 SF

      Modern Medical Office Suites Available

      Modern, fully built-out medical office suites in a new elevator building.
      849 53Rd St, Brooklyn, NY 11220
      View Details
    • $25,000
      8,700 SF

      Prime Commercial Space on Nostrand

      8,000 sqft commercial space for lease in Crown Heights.
      713 Nostrand Ave, Brooklyn, NY 11216
      View Details
    • $7,000 /Mo
      3,500 SF

      Renovated Office Space in Williamsburg

      Recently renovated 3,500 SF office space with new amenities.
      84 Withers St, Brooklyn, NY 11211
      View Details
    • $27,880
      6,970 SF

      Brooklyn Newly Constructed Corner Building

      Newly constructed 4-story corner building with finished basement for lease.
      5301 7Th Ave, Brooklyn, NY 11220
      View Details
    • New
      $5,000 /Mo
      1,000 SF

      Modern Medical Suites in Brooklyn

      Newly constructed medical suites with flexible leasing options.
      849 53Rd St, Brooklyn, NY 11220
      View Details
    • $8,100 /Mo
      2,304 SF

      Brooklyn Commercial Condo for Lease

      Spacious commercial condo near transportation and shopping.
      1749 East 16Th St, Brooklyn, NY 11229
      View Details
    • $3,200 /Mo
      4,930 SF

      Newly Renovated Brooklyn Office Spaces

      Three office spaces and a storefront available for lease.
      1944 Prospect Pl, Brooklyn, NY 11233
      View Details
    • $1,800 /Mo
      800 SF

      Medical Office in Marine Park

      Medical office for rent in good condition, Marine Park.
      2216 Kimball St, Brooklyn, NY 11234
      View Details
    • $7,000 /Mo

      Bedford-Stuyvesant Retail/Office Space

      In-line retail or office space in prime Bedford-Stuyvesant.
      1191 Bedford Ave, Brooklyn, NY 11216
      View Details
    • $3,500 /Mo
      14,398 SF

      Renovated Commercial Space in Brooklyn

      Renovated commercial space with modern features in a prime location.
      234 Johnson Ave, Brooklyn, NY 11206
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Brooklyn Retail Space - 1936 sq ft
    Where is this retail property located?
    The property is located at 8702 Flatlands Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 1,936 square feet.; Single-tenant occupancy.; Situated on a 1,613 square foot lot.
    Request Owner's contact information
    8702 Flatlands Ave Brooklyn, NY 11236
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8702 Flatlands Ave
    Brooklyn, NY 11236
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8702 Flatlands Ave Brooklyn, NY 11236
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.