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Listed price in listed location currency (USD).
$10,500,000

0016

MLS® 930166

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $7,102
Days Active 0
Approx. Age 2016
MLS® Number 930166

Property Address: 8820 Avenue J, Brooklyn, NY, 11236-3933

Average square foot calculated using Size range provided by listing agent.

Description

Perfect—here’s a clean, investor-focused description for that Canarsie property: Turn-Key 24-Unit Investment Property in Canarsie, Brooklyn An outstanding opportunity in the heart of Canarsie, Brooklyn—this well-maintained 24-unit brick building features all 2-bedroom, 2-bath apartments, ideal for steady rental demand. Tenants pay all utilities except water, with all-electric systems, eliminating the need for gas, boiler maintenance, or a compactor room. The building includes: Legal super’s unit Accessory office in the basement with half bath Additional storage rooms No elevator = lower maintenance 421A Tax Abatement in place Low operating expenses With a NOI of $649, 000 and a Net Cap Rate of 6.2%, this is an excellent choice for long-term investors or a 1031 exchange. Stable income, minimal overhead, and efficient building systems make this a true turnkey asset in one of Brooklyn’s steadily growing neighborhoods.
MLS® Number930166
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2016
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 29, 2025List Date
$10,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
8820 Avenue J, Brooklyn, NY

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