Flatlands Prime Corner Plaza | Mataas ang Performance na Oportunidad sa Retail Investment na may 6 na Unit!

Ang 10504 Flatlands Avenue ay ganap nang inuupahan at isang dalawang-palapag na retail property sa kanto, na may kabuuang 7,074 square feet na hinati sa anim na commercial unit. Itinayo noong 2014, ang property ay nasa 5,400-square-foot na lote sa kahabaan ng Flatlands Avenue, na nag-aalok ng malawak na frontage, mahusay na visibility, at on-site parking para sa mahigit 20 sasakyan.

Ang tenant mix ay pinangungunahan ng 7-Eleven at kinabibilangan ng isang buong-palapag na Kids Academy, hair salon, tindahan ng medical supplies, at iba pang service at office users, na nagbibigay ng matatag na kasalukuyang kita.

Ang property ay lumilikha ng tinatayang NOI na $932,249.00 sa cap rate na 5.48%. Sa kasalukuyan, ang site ay may 7,074 square feet na gusali, na may maximum buildable area na humigit-kumulang 10,800 square feet, kaya may karagdagang development potential na 3,726 square feet. Nabawasan ang real estate taxes dahil sa ICAP tax abatement na umiiral hanggang 2030. Naka-zone bilang R5D/C2-3.

Lokasyon at Accessibility:

Madiskarteng matatagpuan sa lumalaking Canarsie corridor, nakikinabang ang property mula sa mahusay na accessibility, kabilang ang kalapitan sa L train at magandang walkability. Napaliligiran ito ng mga residential area na mataas ang density, mga paaralan, at mga amenity sa komunidad, kaya sinusuportahan ng lokasyong ito ang pangmatagalang katatagan ng mga tenant at patuloy na demand.

Mainam ito para sa mga investor na naghahanap ng stabilized asset na may agarang cash flow at pangmatagalang development upside sa isa sa mga patuloy na umuunlad na submarket ng Brooklyn.

Flatlands Prime corner Plaza | High-Performing 6-Unit Retail Investment Opportunity!

10504 Flatlands Avenue fully leased, two-story corner retail asset totaling 7,074 SF across six commercial units. Built in 2014, the property is situated on a 5,400 SF lot along Flatlands Avenue, offering strong frontage, visibility, and on-site parking for 20+ vehicles.



The tenant mix is anchored by 7-Eleven and includes a full-floor Kids Academy, hair salon, medical supply store, and additional service and office users, providing stable in-place income.



The property generates an approximate NOI of $932,249.00 at a 5.48 % cap rate. The site is currently improved to 7,074 SF with a maximum buildable area of approximately 10,800 SF, allowing for 3,726 SF of additional development potential. Real estate taxes are reduced with an ICAP tax abatement in place through 2030. Zoned R5D/C2-3.

Location & Accessibility:

Strategically positioned in the growing Canarsie corridor, the property benefits from excellent accessibility, including proximity to the L train and strong walkability. Surrounded by residential density, schools, and neighborhood amenities, this location supports long-term tenant stability and continued demand.



Ideal for investors seeking a stabilized asset with immediate cash flow and long-term development upside in one of Brooklyn’s evolving submarkets.