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8820 Avenue J Brooklyn, NY 11236
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  2. 8820 Avenue J
8820 Avenue J Brooklyn, NY 11236
8820 Avenue J Brooklyn, NY 11236
8820 Avenue J Brooklyn, NY 11236
8820 Avenue J Brooklyn, NY 11236
8820 Avenue J Brooklyn, NY 11236
8820 Avenue J Brooklyn, NY 11236
8820 Avenue J Brooklyn, NY 11236
8820 Avenue J Brooklyn, NY 11236
8820 Avenue J Brooklyn, NY 11236
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8820 Avenue J

Brooklyn

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Price Drop
$ 10,500,000
[8.7%] [$ -1,000,000]
Building For Sale
Property Type
Active
Status
50
Rooms
50
Bedrooms
50
Bathrooms
  • 8820 Avenue J
  • $ 10,500,000
8820 Avenue J Brooklyn, NY 11236

Building Details

8820 Avenue J Brooklyn, NY 11236
Multi-Family
Ownership
Commercial
Building Type
15,908 SF
Lot Size
2016
Year Built

Photos

8820 Avenue J Brooklyn, NY 11236
8820 Avenue J Brooklyn, NY 11236
8820 Avenue J Brooklyn, NY 11236
8820 Avenue J Brooklyn, NY 11236
8820 Avenue J Brooklyn, NY 11236
8820 Avenue J Brooklyn, NY 11236
8820 Avenue J Brooklyn, NY 11236
8820 Avenue J Brooklyn, NY 11236
8820 Avenue J Brooklyn, NY 11236

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 5.6%, 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.
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 5.6%, 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.

Listing Courtesy of Blue Key Real Estate Brokerage

Features

A/C
8820 Avenue J Brooklyn, NY 11236

Utilities

No Water Source
8820 Avenue J Brooklyn, NY 11236

Contact

License Licensed As: Not Applicable
Coldwell Banker Reliable Real Estate

Coldwell Banker Reliable Real Estate

License Licensed As: Not Applicable
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OneKey MLS
Information Copyright 2025, OneKey™ MLS. All Rights Reserved. Disclaimer: The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Source of Information: The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. Data last updated: 08/31/2025 12:47AM
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: KEYL3446376