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Corner Industrial Land Parcel
For Sale
$498,000

8420 18th Avenue lot 72, Brooklyn, NY 11214

Land, Brooklyn, NY

Property SizeContact for details
Lot Size0.02 Acres
Days on Market249

Property Features for 8420 18th Avenue lot 72

General Information

Property type Land
Property subtype Other
Zoning M1-1
Subdivision Bensonhurst
Standard status Active
Lot size 0.02 Acres

Taxes and HOA fees

Tax Annual Amount 2050
Listing Agency: RE/MAX Real Estate Professiona
Listed By: Siu Kit Wong · License #SW6470
Added: Jan 16 Changed: Sep 12 Last Checked: Sep 22 at 5:06PM
MLS# 498423

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 0.0187-acre industrial land parcel occupies a corner position at 18th Avenue and New Utrecht Avenue in Brooklyn. The lot measures 38 by 57 feet and contains 815 square feet of land area. A curb cut is located on 18th Avenue, and the site is zoned M1-1.

The property is next to the D train station on 85th Street and 18th Avenue, with foot and vehicle traffic in the surrounding commercial area. Approximately 1,600 square feet of buildable space is identified, including the basement. The site address is 8420 18th Avenue lot: 72, Brooklyn, NY 11214.

Key Highlights

  • 0.0187‑acre industrial land parcel
  • 38 by 57 feet with 815 Sq Ft of land area
  • Approximately 1,600 Sq Ft buildable space including the basement

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Industrial land - M1-1-zoned corner parcel with a curb cut and transit access near the D train station.
Where is this industrial land located?
The property is located at 8420 18th Avenue lot 72 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: 0.0187‑acre industrial land parcel; 38 by 57 feet with 815 Sq Ft of land area; Approximately 1,600 Sq Ft buildable space including the basement
More about this property
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