NOT LISTED FOR SALE

8699 18th Ave Brooklyn, NY 11214

Bath Beach Neighborhood

Estimated Value: $1,677,095

Studio
-- Bath
6,800 Sq Ft
$247/Sq Ft Est. Value

Highlights

  • 7,229 Sq Ft lot
  • 5-minute walk to 18 Avenue (D,M Line)
  • Private Driveway
  • PS 748 Brooklyn School for Global Scholars Rated A
  • Attached Garage
  • Concrete Flooring

About This Home

As of September 2020

Excellent Business opportunity in prime Bensonhurst location on busy, high traffic avenue. Approximate 6,800 Sqft commercial space for lease right on 18th Avenue. The C of O is good for auto repair shop, sale and display of new used autos and storage of tow trucks. Lease price includes property tax. Tenant pays brokers commission which will be one month of agreed monthly rent. Listing broker and leasing broker will split 50/50 for total commission from the tenant.

Last Agent to Rent the Property

Rui (Nancy) Wu

Metro Realty Professionals Listed on: 08/11/2020

Co-Listed By

Jian (Carey) Yang

Metro Realty Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 7,229 Sq Ft Lot
  • Lot Dimensions are 55.9 x 129.32
  • Property is zoned C8-1

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Block Wall

Interior Spaces

  • 6,800 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Parking

  • Attached Garage
  • Private Driveway

Utilities

  • Heating System Uses Gas
  • 110 Volts
  • Gas Available

Listing and Financial Details

  • Tax Block 6369

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

7,229 Sq Ft Lot

Rental Info

  • Lease Terms: Lease Option

Listing Details

  • Basement Amenities: None
  • Borough: Brooklyn
  • Building Length: 129.00
  • Building Width: 56.00
  • Co List Office Mls Id: 117120
  • Co List Office Phone: (718) 838-2600
  • Confirmed By M L S Y N: Yes
  • Cross Street: 86th Atreet
  • Cross Street Name2: Benson Avenue
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Air
  • Lease Options: Lease Option
  • Negotiate Thru: Broker
  • Parking Attributes: Built-In Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Garage
  • Prop. Type: Rental
  • Fill Sq Ft Total: 6800
  • Building Stories: 1
  • Street Name I D X: 18
  • Waterfront Present: No
  • Year Built: 1931
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Concrete
  • Lot Sq Ft: 7229
  • Walls: Block

Exterior Features

  • Exterior Building Type: Attached
  • Construction Type: Block, Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 7
  • Road Frontage: 56

Utilities

  • Electric: 110 V
  • Heating Fuel: Gas
  • Utilities: Electric, Gas

Lot Info

  • Lot Dimensions: 55.9 x 129.32
  • Lot Size Irregular: No
  • Lot Size Length: 129
  • Lot Size Width: 56
  • Zoning: C8-1

Tax Info

  • Flip Tax Amount: 22569.00

Multi Family

  • Unit Count: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2018
Sold by
Bought by
Current Estimated Value
$1,677,095

Purchase Details

Closed on
Dec 14, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
0.0629%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- --
$925,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $525,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/14/2020 09/14/20 Rented $11,000 -- --
08/11/2020 08/11/20 Under Contract -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $32,287 $333,450 $99,000 $234,450
2025 $31,983 $328,500 $99,000 $229,500
2024 $31,983 $301,950 $99,000 $202,950
2023 $31,124 $360,000 $99,000 $261,000
2022 $28,932 $309,150 $99,000 $210,150
2021 $26,949 $255,600 $99,000 $156,600
2020 $378 $314,100 $99,000 $215,100
2019 $22,569 $238,050 $99,000 $139,050
2018 $21,756 $228,150 $99,000 $129,150
2017 $20,825 $224,100 $99,000 $125,100
2016 $20,260 $212,850 $99,000 $113,850
2015 $12,088 $202,050 $99,000 $103,050
2014 $12,088 $185,850 $99,000 $86,850
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2020

    Rui (Nancy) Wu

    Metro Realty Professionals

  • J

    Landlord's Co-Listing Agent in 2020

    Jian (Carey) Yang

    Metro Realty Professionals

See All Agents

Map

Source: Brooklyn Board of REALTORS®

MLS Number: 441490

Brooklyn Board of REALTORS®

APN: 06369-0007

New York Kings County Brooklyn 11214 Bath Beach

8699 18th Ave, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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