You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
FOR SALE
Retail residential properties

8681 18Th Ave Brooklyn, NY 11214

11,600 SF 0.14 ac lot Built 1924
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US63-0232539
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1924
Total area 11,600 SF
Lot 0.14 ac (6,078 SF)
Zoning code C8-1
APN 06369-0013
UPID US63-0232539
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Little Gym of Bay Ridge-Bensonhurst Training Center
  • Love and Joy Senior Day Care, Inc Adult Day Care
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.08M
CAP Approach CAP
$3.79M
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.96M
Owner & transaction history
8681 Brooklyn LLC · 4 yrs held
8681 Brooklyn LLC
since 2022
Last sale
$5.9M
7 recorded transactions
2022
$5.9M
2016
Price N/A
2005
Price N/A
2004
$450,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C8-1 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $9.2M +38.6%
Retail stores $8.9M +34.3%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message