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    8513 18Th Ave Brooklyn, NY 11214

    Sponsored
    For Sale
    $49,000

    1,000 sq ft Office/Retail, High Traffic Area

    Property size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 1,000 square foot commercial property, located at 8513 18th Avenue 2 in Brooklyn, NY 11214, presents a unique investment opportunity. The property is zoned for both office and retail use, offering versatility for a wide range of businesses. Situated on a 1,243 square foot lot, the building features a spacious interior with 8-10 foot ceilings. Currently configured as a newly renovated esports lounge, the space is equipped with 24 high-performance PCs (Nvidia RTX4060, I5-14400F processors, 32GB RAM, 240Hz/180Hz monitors), along with gaming consoles including PS5 and Nintendo Switch titles. The business boasts established income streams and significant growth potential, benefiting from its location in a high-traffic area easily accessible via the D train. This turnkey operation is ready for immediate occupancy and presents a compelling opportunity for a savvy investor seeking a profitable venture in a vibrant Brooklyn neighborhood. The asking price is $49,000. The property consists of one unit.

    Property Features for 8513 18Th Ave

    General Information

    Property type
    Retail properties
    Square Feet
    1,000 SF

    Building Details

    Units
    1

    HighLights

    • $49,000 asking price for a 1,000 sq ft commercial property.
    • Office/retail space in a 1,243 sq ft lot.
    • Located at 8513 18th Avenue, Brooklyn, NY 11214.
    • Features 8‑10 foot ceilings.
    • Includes a newly renovated esports lounge with high‑performance gaming equipment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shark Esport Lounge Video Arcade Dunkin' Coffee Shop

    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 (Brooklyn)
    State
    New York
    Longitude
    -74.0021233
    Latitude
    40.6074266

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    FAQs

    What type of property is this?
    Retail property - 1,000 sq ft Office/Retail, High Traffic Area
    Where is this retail property located?
    The property is located at 8513 18Th Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $49,000.
    What are key features of this property?
    This property features: $49,000 asking price for a 1,000 sq ft commercial property.; Office/retail space in a 1,243 sq ft lot.; Located at 8513 18th Avenue, Brooklyn, NY 11214.
    Request Owner's contact information
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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
    8513 18Th Ave Brooklyn, NY 11214
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