Mixed-Use

8681 18th Avenue

Listing Price: $5,278,800

Cap Rate
6.42%
Gross SF
12,156
Rentable SF
12,056
Price/Gross SF
$434.25
Lot Size
0.28 acres

Investment Overview

Marcus and Millichap has been chosen to exclusively represent ownership in the sale of 8681 18th Avenue, a two-story commercial with an elevator. The property is located on 18th Avenue between 86th Street & Rutherford Place in the Bensonhurst neighborhood of Brooklyn.

The subject property was built in 1924 is zoned C8-1. The building totals approximately 12,156 square feet on a lot that extends 121 feet deep.

The subject property is located 2.5 blocks from the "D" Train on the corner of 18th Avenue and 85th Street, providing easy access to Manhattan and the rest of Brooklyn.

Investment Highlights

  • Three Commercial Units & One Executive Office. Two-Stories with an Elevator.
  • 12,156 Gross Square Feet. 25 Year ICIP in Place Starting in 2008.
  • Landlord is only Responsible for Paying Insurance | Tenants Pay All Other Expenses
  • Prime Bensonhurst Location. Long Term Ownership.
  • Tenants Have All Occupied Spaces for At Least 10 Years
  • Conveniently Only 2.5 Blocks from the "D" Train

Exclusively Listed By

Listing Price: $5,278,800

Cap Rate
6.42%
Gross SF
12,156
Rentable SF
12,056
Price/Gross SF
$434.25
Lot Size
0.28 acres

Investment Highlights

  • Three Commercial Units & One Executive Office. Two-Stories with an Elevator.
  • 12,156 Gross Square Feet. 25 Year ICIP in Place Starting in 2008.
  • Landlord is only Responsible for Paying Insurance | Tenants Pay All Other Expenses
  • Prime Bensonhurst Location. Long Term Ownership.
  • Tenants Have All Occupied Spaces for At Least 10 Years
  • Conveniently Only 2.5 Blocks from the "D" Train

Investment Overview

Marcus and Millichap has been chosen to exclusively represent ownership in the sale of 8681 18th Avenue, a two-story commercial with an elevator. The property is located on 18th Avenue between 86th Street & Rutherford Place in the Bensonhurst neighborhood of Brooklyn.

The subject property was built in 1924 is zoned C8-1. The building totals approximately 12,156 square feet on a lot that extends 121 feet deep.

The subject property is located 2.5 blocks from the "D" Train on the corner of 18th Avenue and 85th Street, providing easy access to Manhattan and the rest of Brooklyn.

Exclusively Listed By

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