8623 FlatlandsBrooklyn, NY 11236

  • Mixed-use properties
  • 11,823 SF
Off market
$1,136,916 Estimated

Property Details for 8623 Flatlands

Year built
2022
Lot size
0.08 AC
Property size (Sq ft)
11,823 SF
Zone code
R5D
Property type
Mixed-use properties
Property subtype
Retail residential properties
APN
08007-0001
APU
80070001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,423,822
    6.5%
    $2,237,374
    7%
    $2,077,562
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,394,430
    Geo Method
    $2,394,430
  • Alternative Use

    Use
    Valuation
    Residential
    $2,237,374
    Hospitality
    $2,049,423
    Educational
    $1,705,096
    Medical
    $1,763,736
    Retail
    $2,652,371
8623 Flatlands, Brooklyn, New York

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6389
Longitude
-73.9085
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $793,800
  • Assessed land value
    $145,800
  • Assessed value
    $939,600
  • Tax year
    2024
  • Tax bill
    $110,166

FAQs

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