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    7616 18Th Ave Brooklyn, NY 11214

    For Sale
    $1,999,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Property size:
    2,560 SF
    Lot size:
    0.04 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 7616 18Th Ave

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    R5
    Size
    2,560 SF
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas

    Building Details

    Year built
    1931
    Floors in Building
    2
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Womcore LLC dba Remax Edge (718) 612-3088 [email protected]

    Listing agent Jason Zhou (718) 612-3088

    Listing date Nov 17, 2025

    MLS# 497389 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Mixed-Use Property on 18th Avenue

    This vacant mixed-use property is located in the Bensonhurst neighborhood of Brooklyn, situated on 18th Avenue. The building includes a ground-floor laundromat with a valid Certificate of Occupancy. Above the laundromat are two renovated two-bedroom apartments that have been fully gutted. The building's dimensions are 20x64 feet, and it sits on a 20x94 foot lot. The property also features a full basement. The basement contains three separate gas boilers and water heaters. The property is zoned R5. The annual property tax is approximately $10,067. The property offers an opportunity for an end user to take over the existing laundromat or introduce a new business concept in a high-visibility retail corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.997236
    Latitude
    40.612526

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    FAQs

    What type of property is this?
    Mixed-use property - Vacant mixed-use property in prime Bensonhurst with laundromat and apartments.
    Where is this mixed-use property located?
    The property is located at 7616 18Th Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,999,000.
    What are key features of this property?
    This property features: - Prime Bensonhurst location on highly trafficked 18th Avenue.; - Vacant mixed-use property with ground-floor laundromat (valid C of O) and two renovated 2-bedroom apartments.; - Opportunity to take over existing laundromat or introduce a new business concept.
    (718) 612-3088
    Request Owner's contact information
    7616 18Th Ave Brooklyn, NY 11214
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    Brooklyn, NY 11214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7616 18Th Ave Brooklyn, NY 11214
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