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2,040 sqft

$1,600,000

9623 Avenue M, Brooklyn NY, 11236

Price per sqft$784.31
Property size2,040 sqft
Property typeMulti-family

Overview

Active

Listed Dec 2, 2025

Updated Jul 1

Prime Canarsie – Rockaway Parkway & Avenue M Detached Brick Mixed-Use Building | 3-Family + Storefront | 1 apt. 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, one apartment delivered vacant ALL others have 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 currently 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 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

$10,645/mo

Est. mortgage payment based on a $1,600,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
497647

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.07 Acres

Other Property Details

Taxes
$7,544
Tax Frequency
Annually

Listed by Siu Y Shum with Brooklyn Real Property Inc.
Listing Contact: 7188758899 

Based on information from Brooklyn Board of REALTORS®. Data last updated 7/1/2026. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Revived Residential shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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