8681 18Th Ave Brooklyn, NY 11214
For Sale
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This exceptional two-story mixed-use commercial building, located at 8681 18th Ave in Brooklyn, Kings County, New York (zip code 11214), presents a compelling investment opportunity. Boasting 11,600 square feet, the property is offered at $6,900,000, translating to a price per square foot of $594.83. The building benefits from a C8-1 zoning designation. Currently, two commercial tenants occupy the space, generating consistent income. A significant advantage is the presence of a tax abatement, providing substantial financial relief that extends until 2027. The property's location in a high-traffic area ensures excellent visibility and accessibility for businesses. This makes it an ideal investment for those seeking a stable, income-producing asset in a thriving Brooklyn neighborhood. The building's size and zoning offer flexibility for future development or expansion, catering to a variety of commercial uses. This is a rare opportunity to acquire a well-situated, income-generating property with significant long-term potential. The coordinates are 40.6055437 latitude and -74.0039841 longitude.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C8-1 · Brooklyn, NYBrooklyn. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.