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8010 18th Ave
Brooklyn, NY 11214
Retail Property For Sale

Investment Highlights
- Prime Bensonhurst Location situated along a busy commercial corridor with strong visibility and steady foot traffic.
- Transit-Accessible convenient to public transportation and major thoroughfares, enhancing tenant demand.
- Desirable Avenue Exposure offering excellent frontage and long-term retail appeal.
Executive Summary
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,860 SF
Building Class
C
Year Built
1931
Price
$4,433,415 CAD
Price Per SF
$912.23 CAD
Cap Rate
5%
NOI
$221,671 CAD
Percent Leased
100%
Building Height
3 Stories
Building FAR
2.79
Lot Size
0.04 AC
Zoning
R5 - R5 Zoning in NYC is a low density contextual residential zoning district
Frontage
20’ on 18Th Ave
Amenities
- Signage
Property Taxes
| Parcel Number | 06285-0010 | Improvements Assessment | $721,117 CAD |
| Land Assessment | $18,012 CAD | Total Assessment | $739,129 CAD |
Property Taxes
Parcel Number
06285-0010
Land Assessment
$18,012 CAD
Improvements Assessment
$721,117 CAD
Total Assessment
$739,129 CAD
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