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About This Home
This 0-bedroom, 0-bathroom single family at 8001 18th Avenue in Brooklyn, NY is listed for $3,188,888 ($656 per sqft). the home offers 4,860 sqft of living space on a 0.04 acres lot.
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.
Key Features
- 0.04 acre lot
Monthly Cost Estimate
$17,055/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8001 18th Avenue
Brooklyn, NY 11214
Questions & Answers
This 0-bedroom, 0-bathroom single family at 8001 18th Avenue is listed at $3,188,888 ($656/sqft). The estimated monthly payment is $13,819 based on 20% down at 6.5% interest.
Key features include: 0.04 acre lot.
This property is listed by ZaiYou (Joe) Zhu and can be reached at (718) 612-3088 or joe@remaxedgeny.com.
