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    Property profile & analytics
    OFF-MARKET Estimated value $2,295,000
    Warehouses

    8731 18th Ave, Brooklyn, NY 11214-4605

    9,188 SF 0.13 ac lot Built 1987
    Entity Owned 24-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-1208510
    Property summary
    AI-generated overview

    This exceptional industrial warehouse property, located at 8731 18th Ave in Brooklyn, New York, offers 9,000 square feet of versatile space ideal for multiple tenants. The property is currently fully vacant and available for immediate lease. Units can be leased individually, with a minimum divisible space of 3,500 square feet and a maximum contiguous space of 5,500 square feet, providing flexibility for businesses of varying sizes. The warehouse boasts a substantial 20-foot ceiling height, offering ample vertical storage capacity and facilitating efficient material handling. Situated in Kings County, this prime location in Brooklyn, NY (zip code 11214) provides excellent access to major transportation routes, ensuring seamless logistics and distribution. The property's classification as an industrial warehouse makes it suitable for a wide range of businesses requiring substantial storage and operational space. This is a rare opportunity to secure a large, well-maintained warehouse in a highly desirable Brooklyn location. Contact us today to schedule a viewing and discuss your leasing requirements. The property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1987
    Total area 9,188 SF
    Lot 0.13 ac (5,839 SF)
    Zoning code C8-1
    APN 06403-0010
    UPID US63-1208510
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $3.02M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.30M
    Owner & transaction history
    TSUIS REAL EST INC
    TSUIS REAL EST INC
    Zoning & alternative use
    C8-1 · Brooklyn, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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