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8001 18th Ave, Brooklyn, NY, 11214

--beds
0baths
4,860sqft
$3,149,000
$648price/sqft
$19,232/moest. monthly cost
$769,280/yrincome needed

About This Home

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.

Getting Around

96
WalkingWalker's Paradise
0
TransitVery Limited Transit
55
BikeBikeable

Schools

7/10
7/10
Ps 163 Bath BeachGrades K-80.5 mi
3/10
New Utrecht High SchoolGrades 9-120.3 mi

Construction

Materials

  • Foundation: Other
  • Roof: Other
  • Construction materials: Other,Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Features

  • Flooring: Other

Heating

  • Heating features: Other

Interior Area

  • Total structure area: 4,860
  • Total interior livable area: 4,860 sqft

Property

Details

  • Attached to another structure: Yes
  • Zoning: r5
  • Special condition: Arm's Length
  • Foundation area: 1620

Lot

  • Lot size: 1,680 sqft
  • Lot size dimensions: 20x84

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $15,923$191,076
Home Insurance *$1,037$12,444
Property Taxes $1,469$17,628
Electricity $803$9,637
Total$19,232$230,784
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$659,382/yr
40% on housing$576,960/yr
45% on housing$512,853/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$648This listing

vs Other Active Listings

Avg $/sqft

ZIP 11214$623
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11214$568
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-10-30Price change$3,188,888
2025-10-16Price change$3,288,888
2025-09-24Listed for sale$3,299,999
2023-11-02Listing removed--
2023-10-31Listed for rent$350
2018-05-02Listing removed$2,350
2018-04-24Listed for rent$2,350
2017-04-01Listing removed$3,230,000
2017-01-17Price change$3,230,000
2016-12-09Listed for sale$3,130,000
2016-10-04Listing removed$2,918,000
2016-07-14Listed for sale$2,918,000

For Sale by Agent

AgentZaiYou (Joe) Zhu
BrokerageRE/MAX Edge

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