Exceptional investment opportunity in Canarsie. This newly constructed, two-family home offers immediate, reliable cash flow with $5,210 in monthly rental income from voucher-assisted tenants with steady payments. The property features a two-bedroom first-floor apartment rented for $2,900 per month and a one-bedroom second-floor apartment rented for $2,310 per month, generating $62,520 in annual gross rental income. The basement is currently vacant, providing additional storage or recreational space, subject to applicable laws and permitted use. Property highlights include modern kitchens and bathrooms, open-concept layouts, separate entrances, a private concrete driveway, and a large fenced yard. Conveniently located near shopping, restaurants, parks, public transportation, and major roadways. This is an excellent opportunity to acquire a stabilized, income-producing property with dependable rental income from day one.

Property Details of 8906 Avenue L, Canarsie

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 1, 2026 7:20 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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