Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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
Office
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
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100

Property Taxes

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
  • Listing ID: 40231106

  • Date on Market: 2026-04-21

  • Last Updated:

  • Address: 7024 18th Ave, Brooklyn, NY 11204

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}