Active

8820 Avenue J

Brooklyn NY, 11236

$11,500,000


$521.90 per sqft

Active

50 Beds

50 Baths

22,035 sqft

Commercial

Built in 2016

Located in the Canarsie area of Brooklyn. Brick 24 unit building, 2 bed/2 bath each unit. Tenants pay for all utilities except water. All Electric. Low operating expenses. Legal super unit. Additional room in basement with half bath use as accessory office. No boiler, no compactor room, no elevator with additional storage rooms. 421A tax abatement. Great for investor 1031 exchange. NOI $649,000, Net cap. 5.6%,

L3446376

MLS ID

December 2, 2022

Listed

January 29, 2025

Updated

Map

8820 Avenue J
Brooklyn NY, 11236

Interior Features

Total Stories

3


Bedrooms

50


Total Bathrooms

50


Full Bathrooms

50


Appliances

Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Electric, ENERGY STAR Qualified Equipment, Separate Meters


Heating

Yes


Heating Description

Electric, ENERGY STAR Qualified Equipment

Exterior/Building Features

Lot Size

0.37 Acres

School Information

School District

Brooklyn 18


High School

Urban Action Academy


Elementary School

Ps 279 Herman Schreiber

Other Property Details

Taxes

$7,102


Tax Frequency

Annually


Days on Market

789


Garage

No


Parking

Private


Parking Total

16


View

No


County

Kings (Brooklyn)


Water Source

None


Pool

No

Listed by Reginald Brannen  with Blue Key Real Estate Brokerage
Listing Contact: 718-921-2280 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Pagano Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 6:17 PM UTC, 1/29/2025

  

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