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Financial
Distress signals
Property profile

8731 18th Ave Brooklyn, NY 11214

OFF-MARKET
Other warehouses
Property ID
US63-1208510
9,188 SF 0.13 ac lot Built 1987
Last sale Jan 2000 · $81,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located in Bensonhurst, Brooklyn, this commercial and warehouse building occupies an entire block with approximately 50 ft of street frontage and overhead garage doors at both ends. The structure provides 9,188 sq ft of space across three levels, including 5,118 sq ft on the main floor with 18 ft ceilings, a basement of 4,147 sq ft with indoor parking for more than 20 cars, and a second floor of 4,147 sq ft suited for office or storage use. The property is zoned C8-1 and supports a range of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$43k
Tax billed · 2024
Assessed value$471k
Assessed land$66k
Assessed improvement$405k
Effective rate9.22%

Value estimate

· Oct 2026
$515k
$464k – $567k
CAP approach$3.02M

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$501/SF
Submarket average, outlier-cleaned · 276 recorded sales of this use type
Observed band · Q1–Q3$306 – $773
Qualifying comparables21

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C8-1
This district is designed to provide for necessary services for a wider area than is served by the Local Commercial Districts and often i...
General categoryCOMMERCIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm50.3
Realty agency32.4
Parking Facility29.7

Location

8731 18th Ave Brooklyn, NY 11214-4605
County assessor Recorded deeds · not on file 21 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8156-8160 New Utrecht, Brooklyn, NY 11214 $2,000,000 Apr 2024 5,120 SF
1630 Bath, Brooklyn, NY 11214-4530 $900,000 Jul 2023 2,900 SF
2829 Cropsey, Brooklyn, NY 11214-7214 $1,437,625 Jun 2022 3,700 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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