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Corner Commercial Land Parcel
For Sale
$498,000

8420 18th Avenue, Brooklyn, NY 11214

M1-1-zoned corner parcel near the D train station, with commercial development potential.

Property SizeContact for details
Days on Market48

Property Features for 8420 18th Avenue

General Information

Standard status Active
Property subtype Land
Listing Agency: RE/MAX Real Estate Professiona
Listed By: Siu Kit Wong · License #SW6470
Source: Prideestates
Added: Jul 17 Changed: Aug 31 Last Checked: Sep 2 at 4:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Real Estate Professiona

Investment Insights

Based on property information with market context.

This commercial land parcel occupies a corner at 18th Avenue and New Utrecht Avenue in Brooklyn. The property is zoned M1-1 and offers approximately 1,600 square feet of buildable space, including the basement. A curb cut is located on 18th Avenue, supporting site access for future development planning.

The parcel is next to the D train station at 85th Street and 18th Avenue, placing it within an established Bensonhurst commercial area. The property address is 8420 18th Avenue, Brooklyn, NY 11214.

Key Highlights

  • M1‑1 zoning
  • Approximately 1,600 Sq Ft buildable space including the basement
  • Corner location at 18th Avenue and New Utrecht Avenue

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Parking Lot & Garage Hotel & Motel Real Estate Agency Bar & Pub Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,131
Businesses Nearby

Demographics for 11214, NY

96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - M1-1-zoned corner parcel near the D train station, with commercial development potential.
Where is this commercial land located?
The property is located at 8420 18th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $498,000.
What are key features of this property?
This property features: M1‑1 zoning; Approximately 1,600 Sq Ft buildable space including the basement; Corner location at 18th Avenue and New Utrecht Avenue
More about this property
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