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8805 -8811 Flatlands Aven
Canarsie, New York
$1,999,000 Price
4 Bedrooms   1.0 Bath
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Photo 1 of 8805 -8811 Flatlands Aven, Canarsie, New York, $1,999,000, Web #: 23168880Previous PhotoNext Photo1 of 11

Contract Signed

8805 and 8811 Flatlands Ave with combined 8090 lot. two lots, two deeds!
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.
This is...

8805 and 8811 Flatlands Ave with combined 8090 lot. two lots, two deeds!
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.
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.
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.
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.
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.
Updated oil burner and hot water heater.
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.
With 80 feet of frontage on one of the busiest and most desirable streets in Canarsie, this property presents abundant opportunities for savvy investors.

Floorplan for 8805 -8811 Flatlands Aven

Floorplan for 8805 -8811 Flatlands Aven

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Contract Signed
Canarsie, New York
Type: House
Price: $1,999,000
Approx. sqft: 7,200 sf
Re Tax: $995
Last Updated: 11/15/2024
Web ID: 23168880

Info & Amenities

Type: Commercial/Residential
Rooms: 10.0
Bedrooms: 4
Bathrooms: 1.0
Garage: Yes

Listing Agent(s)

Brown Harris Stevens Real Estate Agent Vera 'Cappi' Capozucca
Vera 'Cappi' Capozucca
Email Vera 'Cappi'
o: 718-399-4149
c: 917-407-4519
Brown Harris Stevens Real Estate Agent The Cappi Colegrove Team
The Cappi Colegrove Team
Email The Cappi
o: 718-399-4164
c: 347-881-8033

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