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7024 18th Ave 3,400 SF 100% Leased Office Building Brooklyn, NY 11204 $3,888,084 CAD ($1,143.55 CAD/SF)



Executive Summary
Modern glass corner building in prime Bensonhurst neighborhood. The building boasts two floors of office space as well as a full finished basement. This is one of the few buildings on 18th Avenue with two floors of commercial space as per its certificate of occupancy. R5 zoning with a C1-2 overlay. The two floors of commercial space are configured as a predominantly an open layout floorplan with a waiting area adjacent to the reception area, two conference rooms and large executive boardroom on the first floor, and the second floor containing more open office space and three private offices, one of which is an executive office with its own private terrace. The full finished basement has a large meeting room, kitchen, and storage room. Three lavatories in total, with two on the basement level and one on the second floor. Two central air conditioning systems, one for each floor. Upgraded LED lighting throughout. Corner location allows excellent signage exposure. Ideal use for a professional office building, bank, retail, or medical space. Delivered with full possession at closing.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$245,563
|
$72.22
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$245,563
|
$72.22
|
| Taxes |
$28,424
|
$8.36
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$28,424
|
$8.36
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $245,563 |
| Annual Per SF | $72.22 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $245,563 |
| Annual Per SF | $72.22 |
| Taxes (CAD) | |
|---|---|
| Annual | $28,424 |
| Annual Per SF | $8.36 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $28,424 |
| Annual Per SF | $8.36 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,400 SF
Building Class
C
Year Built
1931
Price
$3,888,084 CAD
Price Per SF
$1,143.55 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,700 SF
Building FAR
1.70
Lot Size
0.05 AC
Zoning
R5 - R5B Zoning in NYC is a low density contextual residential zoning district
Amenities
- Signage
- Reception
- Air Conditioning
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 06171-0050 | Total Assessment | $325,371 CAD |
| Land Assessment | $42,974 CAD | Annual Taxes | $28,424 CAD ($8.36 CAD/SF) |
| Improvements Assessment | $282,398 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
06171-0050
Land Assessment
$42,974 CAD
Improvements Assessment
$282,398 CAD
Total Assessment
$325,371 CAD
Annual Taxes
$28,424 CAD ($8.36 CAD/SF)
Tax Year
2025
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7024 18th Ave
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