Property summary
This exceptional commercial property, located at 8234 18th Avenue in Brooklyn, New York, presents a unique investment opportunity. Boasting a highly visible corner location in the vibrant Bensonhurst neighborhood, this two-story brick building offers 3,466 square feet of versatile space, ideal for a multitude of uses. The property sits on a 2,200 square foot lot and features 11-15 foot ceilings, providing ample room for various business ventures. The building's previous use as auto shops highlights its robust construction and adaptability. Currently zoned M1-1, the property is well-suited for a wide range of commercial applications, including retail, office, restaurant, or medical uses. The building includes three garages, adding to its functional appeal. Its prime location near the D train and the shopping and transportation hub of 86th Street and 18th Avenue ensures high visibility and accessibility. The asking price is $2,850,000. This is a rare opportunity to acquire a well-situated, multi-use commercial building in a thriving Brooklyn neighborhood. The property consists of two units, offering flexibility for various business models or potential for expansion. Don't miss this chance to own a piece of Bensonhurst's bustling commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Storage Facility
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Car Wash
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Car Wash
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Brooklyn market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
M1-1 · Brooklyn, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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