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Presented by: Brown Harris Stevens - 100 Seventh AvenuePowered by Highrises
For Sale

$1,999,000

$300k

8805-8811 Flatlands Ave, Brooklyn, NY 11236

  • 4Beds
  • 1Bath
  • 7200SqFt
  • 4Beds
  • 1Bath
  • 7200SqFt
  • Property Type
    Townhouse
  • Price per Sqft
    $278
  • On highrises
    50 Days

Property Details

8805 and 8811 Flatlands Ave with combined 8090 lot. two lots, two deeds!</p> Rarely available double property for sale featuring a 36 ft. wide solid brick mixed use building on a 4090 lot with an additional 4090 adjacent buildable vacant lot, totaling a whopping 8090 lot size.</p> This is an exceptional opportunity to acquire a prime piece of real estate on the highly sought-after Flatlands Avenue, located in the heart of Canarsie. This rarely available combined property measures 80 by 90 feet and is zoned R5D, C1-3.</p> The combined property features a mixed-use brick building consisting of 3, 821 square feet on a 40 by 90-foot lot, along with an adjacent 40 by 90-foot vacant lot that includes a private driveway and garage. The total lot size of 80 by 90 feet offers an ideal canvas for a new owner to develop and establish a business.</p> The mixed-use building consists of two two-bedroom apartments situated above a 1, 967-square-foot delicatessen, which also includes a full basement. The apartments are currently vacant, providing an opportunity to generate rental income at market rates, while the delicatessen operates on a month-to-month lease. </p> The vacant lot measures 40 by 90 feet and has a Floor Area Ratio (FAR) of 2, allowing for a potential buildable structure of up to 7, 200 square feet. Additionally, the adjacent mixed-use building has a total unused FAR of 4, 788, offering numerous possibilities for expansion. </p> Updated oil burner and hot water heater. </p> Located in the vibrant heart of Canarsie, this unique property is conveniently close to a variety of shops, major retailers, banks, and medical facilities. Additionally, the L train station is just 0.48 miles away at Rockaway Parkway.</p> With 80 feet of frontage on one of the busiest and most desirable streets in Canarsie, this property presents abundant opportunities for savvy investors.</p>

Property Features

Bedrooms

  • Bedrooms: 4
  • Presented by:
  • Vera &aposCappi&apos Capozucca

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