Brooklyn, NY 11236,9623 Avenue M
Brooklyn, NY 11236,9623 Avenue M
Brooklyn, NY 11236,9623 Avenue M
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$1,800,000
Est. payment /mo
2,040 SqFt
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Key Details

Property Type Mixed Use

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,040 sqft

Price per Sqft $882

MLS Listing ID 497647

Annual Tax Amount $7,544

Property Sub-Type Mixed Use

Property Description

Prime Canarsie – Rockaway Parkway & Avenue M
Detached Brick Mixed-Use Building | 3-Family + Storefront | Delivered Vacant

Exceptional investment opportunity in a high-visibility Rockaway Parkway location! This detached brick mixed-use property offers a 3-family plus a commercial storefront, all delivered vacant with no leases—perfect for owners, users, or investors seeking strong returns.

Storefront / Commercial Space

Corner exposure with huge signage potential on Rockaway Parkway

Approx. 20 ft front exposure with enclosed front yard

Private ½ bath

Previously a hair salon

High ceilings, separate entrance & separate water meter

Ideal for retail, salon, office, medical, boutique, and many other uses

Residential Units

Two apartments, each 1-bedroom (can be used as 2-bedrooms) with private entrances

Rear first-floor apartment: true 2-bedroom with large enclosed private backyard

All units vacant—set your own rents!

Basement

Fully finished

Two separate entrances

Full bathroom

Perfect for storage or additional accessory space

Property Details

Lot: 30.5 × 100

Building: 20 × 51

Unused FAR: 1,006 sq ft for potential expansion

Real Estate Taxes: only $7,544/year

New boiler and multiple upgrades

Excellent CAP rate

Additional Purchase Opportunity

Can also be purchased together with 9617 Avenue M

Lot: 25.75 × 100 (2,400 sq ft)

Combined lot size: 5,450 sq ft (3,050 + 2,400)

Location Highlights

In front of Express Bus to Manhattan & Downtown Brooklyn

Across from shopping center & restaurants

Near Rockaway Pier, Belt Parkway, parks & recreation

Strong neighborhood foot traffic

Location

State NY

County Kings (brooklyn)

Area Canarsie

Zoning R4-1

Rooms

Basement Finished, Separate Entrance, Other

Interior

Interior Features Kitchen, Restrooms - Public, Window Display

Hot Water Gas

Heating Gas

Flooring Carpeting, Hardwood, Other

Heat Source Gas

Exterior

Exterior Feature Brick

Roof Type Flat

Building

Story 2

Foundation Poured Concrete

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash


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Listed by Brooklyn Real Property, Inc

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Randy Reis

Randy Reis

+1(917) 336-1118

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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