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Property profile & analytics

6317 18th Ave Brooklyn, NY 11204-2942

  • Office buildings
  • 3,760 SF
  • 0.04 lot acres
OFF-MARKET
Value Estimations
$415,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-0828469
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

  • Hong Bao Cafe / Chinese Bakery

Property Details for 6317 18th Ave

Year built
1931
Lot size
0.04 lot acres
Property size
3,760 SF
Zone code
C4-2
Property type
Office buildings
APN
05540-0003
APU
55400003

Description

This exceptional commercial land parcel, located at 6317 18th Avenue in Brooklyn, New York, presents a unique investment opportunity. The property encompasses 1,820 square feet of land, offering significant potential for development. The asking price is $150,000. While the existing structure is a bakery (approximately 1500 square feet with a finished basement), the sale is for the land itself. The property's zoning and permitted uses should be independently verified. The location is highly desirable, situated in the vibrant Bensonhurst neighborhood of Kings County. Its proximity to the N train station at 18th Avenue provides excellent accessibility and high foot traffic. The total land area is 1,820 square feet, and the building on the property has a separate square footage of 1500 square feet. The building has a fully finished basement, adding to its potential utility. The property's address is 6317 18th Avenue, Brooklyn, NY 11204. Further due diligence is recommended to assess the property's suitability for your specific needs and to confirm all details. The ceiling height is noted as "Other" in the property records and should be verified independently. The property is zoned for commercial use. This is a rare opportunity to acquire a commercial lot in a prime Brooklyn location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $420,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $268,000
    Market price range: $169k - $556k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9892
Latitude
40.6198
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
$22,640
$32,400
$181,350
$213,750
-
$72,000
$403,000
$475,000
More about this property
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