8501 18th Ave Brooklyn, NY 11214
Bensonhurst NeighborhoodEstimated payment $20,892/month
Highlights
- Wood Flooring
- 1-minute walk to 18 Avenue (D,M Line)
- 2-minute walk to Garibaldi Playground
- PS 748 Brooklyn School for Global Scholars Rated A
- Heating System Uses Steam
About This Home
Exceptional opportunity to acquire a high-exposure corner mixed-use property located at the most vibrant section of Bensonhurst’s 18th Avenue commercial corridor, directly adjacent to the 18th Avenue / 86th Street subway entrance. The property offers immediate access to public transportation, with a B8 bus stop and a B1 bus stop nearby, generating consistent pedestrian traffic throughout the day. According to 2024 statistics, 18th Avenue recorded over 1.39 million annual subway entries, excluding bus traffic, firmly establishing it as one of Brooklyn’s most heavily traveled commercial corridors. The avenue is anchored by multiple major Asian supermarkets and a dense mix of retail, dining, and service businesses, driving strong local and destination foot traffic. This rare triangular corner lot provides exceptional multi visibility —an offering rarely found along 18th Avenue. The entire building can be delivered vacant at closing, creating an ideal opportunity for owner-users, end-users, or investors seeking to operate their own business, reposition the property, or secure a long-term hold in a proven commercial location. Ultra-low property taxes of only $8,418 per year.
Property Details
Property Type
- Other
Est. Annual Taxes
- $8,418
Year Built
- Built in 1928
Lot Details
- 1,527 Sq Ft Lot
- Lot Dimensions are 53 x 29
- Irregular Lot
- Property is zoned R5 C1-2
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 2,600 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Tile
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Community Details
- Insurance Expense $3,600
- Utility Expense $360
- Gross Income $138,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,038 | $83,640 | $14,280 | $69,360 |
| 2024 | $8,038 | $79,800 | $14,280 | $65,520 |
| 2023 | $7,668 | $83,160 | $14,280 | $68,880 |
| 2022 | $7,451 | $79,440 | $14,280 | $65,160 |
| 2021 | $7,855 | $73,860 | $14,280 | $59,580 |
| 2019 | $6,977 | $69,900 | $14,280 | $55,620 |
| 2018 | $6,414 | $31,464 | $7,712 | $23,752 |
| 2017 | $6,341 | $31,104 | $8,171 | $22,933 |
| 2016 | $6,218 | $31,104 | $9,805 | $21,299 |
| 2015 | $3,539 | $29,460 | $11,147 | $18,313 |
| 2014 | $3,539 | $27,793 | $12,623 | $15,170 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/09/2026 01/09/26 | For Sale | $3,888,000 | -- | $1,495 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 498233
APN: 06344-0008
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Ask me questions while you tour the home.