James Parks

8623 Flatlands Avenue, Brooklyn, NY 11236

$5,300,000
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James Parks
Call: (240) 397-0453
Text: (240) 397-0453

New to the Market
BEDS0 BATHS MLS#982586
STATUSActive PROPERTY TYPECommercial -

Property Description

Rare opportunity to add the only mixed-use property currently available in the 11236 zip code to your portfolio. A newly constructed elevator building featuring 12 residential units, ground-floor retail, 8 enclosed parking spaces, and a 35-year 421-a tax exemption.The building spans four stories plus a cellar and includes a residential lobby, dedicated parking garage, and accessory and bicycle storage. The second, third, and fourth floors house 12 residential units, complemented by multiple private and shared rooftop terraces. The ground-floor retail space is currently occupied by a pawn shop.This property offers a rare combination of new construction, multiple income streams, and long-term tax advantages in Brooklyn.

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 jamesparks.laffey.com today.

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: 3
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

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Preferred Communication Method

Listed By / Shown By

Listing By

Agency Name: Legacy Estate Realty
Agency Contact: 917-635-3980

Shown By

Agent Name: James Parks
Agent Phone: (240) 397-0453
Agency Title: Laffey Real Estate

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