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    8513 18Th Ave Brooklyn, NY 11214

    • Investment properties
    • 2,356 SF
    • 0.03 lot acres
    For Sale
    View listing
    $49,000
    Value Estimation
    Last Sale
    Jan 19, 2023
    $2,350,000
    Location Intelligence
    Property ID
    US63-2915150
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Shark Esport Lounge / Video Arcade
    • Dunkin' / Fast Food Restaurant / Takeout Restaurant

    Property Details for 8513 18Th Ave

    Year built
    1920
    Lot size
    0.03 lot acres
    Property size
    2,356 SF
    Zone code
    R5
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    06344-0003
    APU
    63440003

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,050,000
      6.5%
      $2,335,000
      7%
      $2,400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,565,000
      Geo Method
      $2,350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,315,000
      Retail
      $2,200,000
      Mixed-Use
      $2,220,000
      Hospitality
      $2,265,000
      Educational
      $2,420,000
      Residential Income
      $2,045,000
      Energy
      $1,995,000
      Income-Based Land
      $2,680,000
      Food Service
      $2,655,000

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.0021
    Latitude
    40.6074
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $53,479
    $21,600
    $622,350
    $643,950
    -
    $48,000
    $1,383,000
    $1,431,000

    Comparable in this City

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      1832 86th St, Unit 1848

      STORE/OFFICE (MIXED USE) • 26,743 SF
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    • Value Estimation by Request
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      2167 86th St

      STORE/OFFICE (MIXED USE) • 6,800 SF
      2167 86th St, Brooklyn, NY 11214-3205
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    • Value Estimation
      $2,105,000
      2,640 SF

      2138 86th St

      STORE/OFFICE (MIXED USE) • 2,640 SF
      2138 86th St, Brooklyn, NY 11214-3253
      View Details
    • Value Estimation
      $7,475,000
      21,622 SF

      1917 86th St, Unit 1925

      STORE/OFFICE (MIXED USE) • 21,622 SF
      1917 86th St, Brooklyn, NY 11214-3103
      View Details
    • Value Estimation
      $2,370,000
      2,560 SF

      8610 Bay Pkwy

      STORE/OFFICE (MIXED USE) • 2,560 SF
      8610 Bay Pkwy, Brooklyn, NY 11214-4102
      View Details

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    8513 18Th Ave
    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
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