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.



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Monthly Payment (Est.)
$24,181yesterday Listing first seen on site yesterday Listing updated with changes from the MLS®
Based on information submitted to the MLS GRID as of 2026-04-10 12:56 AM EDT.
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$5,300,000
1 Day On Site
8623 Flatlands Avenue
Brooklyn, NY 11236
For Sale|Multi Family|Active
0
Beds
0
Total Baths
13,497
SqFt
$393
/SqFt
2022
Built
County:
Kings (Brooklyn)
Listing courtesy of Legacy Estate Realty elanakolch@gmail.com
Call Now: 845.470.4706
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Listing Snapshot
Price
$5,300,000
Days On Site
1 Day
Bedrooms
N/A
Inside Area (SqFt)
13,497 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.124 Acres
Year Built
2022
MLS® Number
982586
Status
Active
Property Tax
$118,467.6
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
General Features
Acres
0.124
Parking
GaragePrivate
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
13497
Utilities
Natural Gas AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
Water Source
Public
Interior Features
Basement
FinishedStorage Space
Cooling
Central Air
Heating
Natural Gas
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Exterior Features
Construction Details
Other
Listing courtesy of Legacy Estate Realty elanakolch@gmail.com
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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