$3,188,888

8001 18th Ave Brooklyn, NY 11214

Bensonhurst Neighborhood

Estimated payment $20,262/month

Total Views 56,865
-- Bed
-- Bath
4,860 Sq Ft
$656 Price per Sq Ft

About This Home

A rare opportunity to acquire a fully renovated, income-producing mixed-use property on a prominent corner of 18th Avenue. The building measures 20 × 81 and consists of one retail store and five free-market residential apartments. Recently updated with modern finishes, each unit is separately metered with independent heating and hot water systems. Tenants are responsible for their own utilities, ensuring streamlined management and reduced overhead. The commercial space provides excellent visibility and consistent foot traffic, while the residential units deliver stable rental income with strong upside potential. With total annual gross income of approximately $224,052 and net operating income of $159,619, this property offers a compelling cap rate in today’s market. Perfect for investors and 1031 exchange buyers seeking a turnkey asset in a high-demand neighborhood. Situated in Bensonhurst’s thriving commercial corridor, the location combines strong rental fundamentals with long-term appreciation potential.

Listing Agent

Joe Zhu

RE/MAX Edge License #10401312891 Listed on: 09/24/2025

RE/MAX Edge

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $44,433

Lot Details

  • 1,680 Sq Ft Lot
  • Lot Dimensions are 84 x 20
  • Property is zoned r5

Home Design

  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 4,860 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $12,000
  • Gross Income $224,052
  • Net Operating Income $159,619

Property Details

Property Type

Other

Est. Annual Taxes

$44,433

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 81.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 18th ave
  • Gross Lease: 1
  • Heat Delivery: Other
  • Number Of Families: 5
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4860
  • Street Name I D X: 18th
  • Special Features: None

Interior Features

  • Ceiling: Other
  • Flooring: Other
  • Lot Sq Ft: 1680
  • Walls: Other

Exterior Features

  • Yard: Other
  • Exterior Building Type: Semi-Detached
  • Construction Type: Other
  • Exterior: Brick
  • Foundation Details: Other
  • Roof: Other

Utilities

  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 84
  • Lot Size Width: 20
  • Zoning: r5

Rental Info

  • Rent Income: 18671

Multi Family

  • Annual Gross Expense: 64433.00
  • Annual Gross Income: 224052
  • Insurance Expense: 12000.00
  • Property Net Operating Income: 159619.00

Tax Info

  • Flip Tax Amount: 44433.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 Price Changed $3,188,888 -3.0% $656 / Sq Ft
10/16/2025 10/16/25 Price Changed $3,288,888 -0.3% $677 / Sq Ft
09/24/2025 09/24/25 For Sale $3,299,999 -- $679 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 496079

Brooklyn Board of REALTORS®
New York Kings County Brooklyn 11214 Bensonhurst

8001 18th Ave, Brooklyn, NY

For Sale

Other

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Joe Zhu
Listing Agent
Joe Zhu
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RE/MAX Edge
(917) 540-6227