Environmental, exergo-economic, and thermodynamic viewpoints are thoroughly investigated for a state-of-the-art hybrid gas turbine system and organic flash cycle. For the proposed system, the organic flash cycle utilizes the waste thermal energy of the gases exiting the gas turbine sub-system to generate additional electrical power. Six distinct working fluids are considered for the organic flash cycle: R245fa, n-nonane, n-octane, n-heptane, n-hexane, and n-pentane. A parametric investigation is applied on the proposed combined system to evaluate the impacts of seven decision parameters on the following key operational variables: levelized total emission, total cost rate, and exergy efficiency. Also, a multi-objective optimization is performed on the proposed system, taking into account the mentioned three performance parameters to determine optimum operational conditions. The results of the multi-objective optimization of the system indicate that the levelized total emission, total cost rate, and exergy efficiency are 74,569 kg/kW, 6873 $/h, and 55%, respectively. These results also indicate the improvements of 16.45%, 6.59%, and 3% from the environmental, economic, and exergy viewpoints, respectively. The findings reveal that utilizing n-nonane as the working fluid in the organic flash cycle can yield the lowest levelized total emission, the lowest total cost rate, and the highest exergy efficiency.