Address
7401 18th Avenue, Brooklyn, NY
Price
$ 2,999,000
Property Attributes
  • MLS#504379
  • TypeMixed Use
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodBensonhurst
  • Zip11204
  • StyleMixed Use
  • Year Built1931
  • Taxes$ 39059
  • Price$ 2,999,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5100
  • Lot Size0.044421 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

Rare-find corner mixed-use property located in prime Bensonhurst! This property features 2 stores on the ground floor plus 4 three-bedroom apartments on the top 2 floors. The ground floor consists of a mini market in the front and a clothing store in the rear. Separate side entrance leads to the 4 residential units, with 2 three-bedroom apartments on each floor. Potential annual income of approximately $230,000 with a projected CAP rate around 6%. Building size 20x95 ft sitting on a 20x97 ft lot. Great investment opportunity with multiple income streams, or perfect for an owner-user looking to start their own business and take advantage of this high-visibility corner location.

Price History
9/10/2026 Listed $2,999,000

General Features

Net Operating Income 135330.00
Roof Flat
Zoning R5
Electric 110 V,220 V,Circuit Breakers
Stories Count 3
Property Type Mixed Use
Block 6216
Cap Rate 0.05
Lot Number 10
Yearly Taxes 39059.00
Transaction Type Sale
Insurance Expense 3508.00
Utility Expense 420.00
Gross Expense 56082.00
Financing 1031 Exchange,Bank Mortgage,Cash
Building Type Semi-Detached
Gross Income 191412
Status Active
Fuel Expense 6900.00
Construction Materials Brick
Cumulative Days on Market 6
MLS Area Bensonhurst
Sub Type Mixed Use
Year Built 1931
City Brooklyn
Borough Brooklyn
Number Of Stores 2
DOM 6
Sale Type Arm's Length
# Families 4
Public Remarks Rare-find corner mixed-use property located in prime Bensonhurst! This property features 2 stores on the ground floor plus 4 three-bedroom apartments on the top 2 floors. The ground floor consists of

Interior Features

Heating Fuel Gas
Flooring Hardwood,Laminate,Tile
Hot Water Gas
Unit Count 6
Sq Ft Total 5100
Lavatories None
Basement Amenities Full,Separate Entrance
Commercial Features Exterior None
Commercial Features Interior None

Exterior Features

Exterior Brick
Yard None
Foundation Poured Concrete
Lot Sq Ft 1935
Loading Docks None
Building Length 95.00
Building Width 20.00
Property Panorama YN Yes
Lot Size Length 96
Lot Size Width 20
Parking Attrib None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Mixed Use Average in 11204

Price
AVG $2.19M
$3M
Taxes
AVG $22,042
$39,059
Year Built
AVG 1930
1931
Visits
AVG 92
9
Data Provided by Inside Real Estate®
Fair Housing Icon NY Fair Housing Notice