Back to Search

Canarsie Avenue Retail Building

9518 Avenue L, Brooklyn, NY 11236

View on Map

For Sale

$675,000

Retail building on Avenue L, suitable for various uses.

Type:Commercial

Property size:

1,265 SF

Lot size:

0.04 Acres

Price / SF:

$533/SF

HighLights

Prime Canarsie Avenue retail corridor location with high exposure.
Delivered vacant commercial building suitable for various uses.
Potential building expansion with additional 2,290 unused FAR.
Includes a fully finished basement with high ceilings and 3 easements.
Equipped with HVAC central air unit and HWH.
Excellent transit score (90 - Rider's Paradise) and very walkable location (76).

We can help!

Listing Contact

Jean Paul Ho

Learn more

For Sale

$675,000

Retail building on Avenue L, suitable for various uses.

Type:Commercial

Property size:

1,265 SF

Lot size:

0.04 Acres

Price / SF:

$533/SF

Added:: Apr 24, 2026
Days on Market:: 53
Last Refresh:: Apr 24 at 3:19 pm

Property Features for 9518 Avenue L

General Information

Standard status: Active
Size: 1,265 SF
Lot size: 0.04 Acres
Property subtype: Commercial

Building Details

Year Built: 1931

We can help!

Listing Contact

Jean Paul Ho

Listing agent Jean Paul Ho

Listing office BRP Associates Inc

Listing date Apr 24, 2026

Source Elliman

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 BRP Associates Inc

HighLights

Prime Canarsie Avenue retail corridor location with high exposure.
Delivered vacant commercial building suitable for various uses.
Potential building expansion with additional 2,290 unused FAR.
Includes a fully finished basement with high ceilings and 3 easements.
Equipped with HVAC central air unit and HWH.
Excellent transit score (90 - Rider's Paradise) and very walkable location (76).

Overview

Located in the Canarsie Avenue retail corridor, this brick commercial building is available for sale. The property is currently occupied by a veterinary practice that has been in operation for 40 years and will be delivered vacant. The building features a waiting room, reception desk, three observation rooms, an X-ray room, an operating room, a treatment room, and an office. It also includes a private, enclosed backyard and a fully finished basement with high ceilings and three easements. The building is equipped with an HVAC central air unit and a hot water heater. The building size is 1,265 square feet, situated on a 17.75 x 55 lot, with lot dimensions of 17.75 x 100. Zoned R5D, C2-3, the property offers an additional 2,290 square feet of unused FAR for potential expansion. The property is well-maintained and suitable for conversion to various uses such as a day care, office, home care, or school. The location is near shopping, buses, and restaurants. The transit score is 90, indicating it is a Rider's Paradise. The walk score is 76, making it Very Walkable. The bike score is 50, indicating it is Bikeable.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$98.4k	$77.76
− Vacancy	−$11.7k	−$9.25
EGI	$86.7k	$68.51
− OpEx	−$26.0k	−$20.55
NOI	$60.7k	$47.95

1,265 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%

Alternative Uses

Best Use

Retail

$866.6K

$758.3K – $1.01M (±1% cap)

NOI $60,663 @ 7.0% cap · market cap 8.99%

Second Best

Healthcare Medical

$419.0K

$366.6K – $488.8K (±1% cap)

NOI $29,328 @ 7.0% cap · market cap 4.34%

Theoretical Best

Specialty Retail

$1.05M

$916.5K – $1.22M (±1% cap)

NOI $73,319 @ 7.0% cap · market cap 10.86%

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

Location Intelligence

Current Use by Public Records

Chaikin Ronald DVM Veterinary Clinic Animal Medicine & Surgery ... Veterinary Clinic Alexander Cortes Veterinary Clinic

Suggested Use

Similar Places Nearby

Barnett's Florist — 1443 Rockaway Pkwy, Brooklyn, NY 11236
Flowers By Bernadette — 9601 Flatlands Ave #3711, Brooklyn, NY 11236
A Visconti Inc — Brooklyn, NY 11236
Flowers and Decor By Kimmy

Location Insight

Map
Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -73.896121
Latitude: 40.637825

Nearby Similar for Sale

$999,000

15,000 SF

Turn-Key Supermarket Business Opportunity

Thriving supermarket business for sale in prime Gravesend location.

53-65 Quentin Road, Brooklyn, NY 11223

View Details
$999,000

8,820 SF

Established Supermarket Business For Sale

High-volume supermarket in Bensonhurst/Gravesend with excellent street exposure.

65 Quentin Road, Brooklyn, NY 11223

View Details
$7,200,000

23,400 SF

Brooklyn Mixed-Use Investment Opportunity

Mixed-use property in Brownsville with diverse income streams.

340 Junius Street, Brooklyn, NY 11212

View Details
$1,200,000

3,822 SF

Incomplete Renovation Church Conversion

In-progress renovation offers flexible space for offices, warehouse, retail, manufacturing, or religious use.

2769 Stillwell Avenue, Brooklyn, NY 11224

View Details
$1,988,000

3,740 SF

Flatbush Avenue Retail Investment Opportunity

High-exposure retail asset with stable income and development potential.

1800 Flatbush Avenue, Brooklyn, NY 11210

View Details
$2,190,000

3,500 SF

Luxury Atelier & Designer Showroom

Turnkey, two-story luxury atelier in Sunset Park, Brooklyn.

821 39th Street, Brooklyn, NY 11232

View Details
$1,799,000

3,158 SF

Prime Kings Highway Commercial Unit

Spacious commercial unit in a high-traffic Brooklyn location.

366 Kings Highway, Brooklyn, NY 11223

View Details
$1,700,000

3,000 SF

Automotive Repair Facility

Operating automotive repair and service facility with street access and a layout suited to maintenance, detailing, and related services.

4201 Glenwood Road, Brooklyn, NY 11210

View Details
$5,390,000

6,970 SF

Prime Corner Commercial Brooklyn Building

Highly visible corner commercial property on 7th Avenue, Brooklyn.

5301 7th Avenue, Brooklyn, NY 11220

View Details
$1,698,000

1,846 SF

Medical Condo in Bensonhurst, Brooklyn

Medical condo with equipment, patient database, and revenue potential.

7620 Bay Parkway, Brooklyn, NY 11214

View Details
$2,980,000

7,311 SF

Multi-Tenant Office Building with Elevator

Built in 1996 and fully leased to five commercial tenants with multiple entrances and independent HVAC systems.

8510 Bay 16th Street, Brooklyn, NY 11214

View Details
$2,000,000

3,300 SF

Prime Corner Retail Building Brooklyn

One-story retail building with development potential in Brooklyn, NY.

229 Tompkins Avenue, Brooklyn, NY 11216

View Details

For sale
Storefront properties
NY
Brooklyn
11236
9518 Avenue L

What type of property is this?

Storefront property - Retail building on Avenue L, suitable for various uses.

Where is this storefront property located?

The property is located at 9518 Avenue L Brooklyn, NY.

What is the asking price?

The asking price for this property is $675,000.

What are key features of this property?

This property features: Prime Canarsie Avenue retail corridor location with high exposure.; Delivered vacant commercial building suitable for various uses.; Potential building expansion with additional 2,290 unused FAR.