8702 Flatlands Ave Brooklyn, NY 11236
- Investment properties
- 1,936 SF
- 0.04 lot acres
Current Use by Public Records
- Jazz It Up Studio of Dance / Dance School
Property Details for 8702 Flatlands Ave
- Year built
- 1940
- Lot size
- 0.04 lot acres
- Property size
- 1,936 SF
- Zone code
- R5D
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 08024-0036
- APU
- 80240036
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9078
- Latitude
- 40.6387
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
