$2,880,000
Updated 3 months ago
Off Market

8501 18th Ave

Bensonhurst, Brooklyn | 85th Street & 86th Street

5 Rooms3 Beds1.5 Baths2,600 Square FeetMixed Use

$2,880,000
floors / apts2 / 1
Lot Size29'x53'
Built Size29'x53'
ZoneR5
Building TypeLow-Rise
RE Taxes$8,418
Price Per SF
$1,108

Property Description for 8501 18th Ave

Priced to deliver over a 6% cap rate, this high-exposure corner mixed-use property presents a rare and compelling investment opportunity in the heart of Bensonhurst's prime 18th Avenue commercial corridor. Situated on a rare triangular corner lot with three-sided frontage, the property offers exceptional visibility and strong branding potential — ideal for national tenants such as Starbucks, Dunkin', and other high-volume retail operators seeking premier locations. The surrounding area is anchored by major Asian supermarkets and a dense mix of retail, dining, and service businesses, creating a well-established commercial environment with both strong local demand and destination-driven foot traffic. Conveniently located adjacent to the 18th Avenue / 86th Street subway entrance, and serviced by nearby B1 and B8 bus lines, the property benefits from consistent, all-day pedestrian traffic. According to 2024 data, the station recorded over 1.39 million annual subway entries (excluding bus traffic), ranking among the busiest corridors in Brooklyn. The property features a new boiler, newly relined chimney, and upgraded heating system, significantly reducing near-term capital expenditures and maintenance risk. Delivered vacant at closing, offering maximum flexibility for investors and owner-users to reposition, lease, or operate their own business. Ultra-low property taxes of only $8,418/year further enhance overall investment returns

Listing History for 8501 18th Ave

Now
05/23/2026
POM by MeiJuan Jiang
E House Realty & Management Inc.
03/31/2026
$2,880,000 [-$220,000] [7.1%]
Price Drop by MeiJuan Jiang
E House Realty & Management Inc.

Building Details for 8501 18th Ave

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1928
Floors/Apts2/1
Learn More About the Building

Contact Agents

Contact Agents

Licensed As
MeiJuan Jiang
Salesperson
License#:
10401369485
Company:
E House Realty & Management Inc.
MeiJuan Jiang
E House Realty & Management Inc.
Yu Ling Chen
E House Realty & Management Inc.

Bensonhurst | Brooklyn

Quick Profile

Bensonhurst is a densely populated residential neighborhood with a bustling business district in the southwest section of Brooklyn. It’s a storied neighborhood and is considered to be the most ethnically diverse neighborhood in New York City.

Technically, Bensonhurst doesn’t quite have the same clean-cut boundaries the way other neighborhoods do. It has an odd shape that intertwines with the surrounding communities of Bath Beach, Dyker Heights, Borough Park and Mapleton. The neighborhoods are sometimes mistaken for Bensonhurst and vice versa. It’s bordered by 14th Avenue, which is to the northwest, 60st Street and McDonald Avenue to the northeast, Avenue S to the southeast, and 86th Street to the southwest.

You won’t find that many luxury building developments in this neck of the woods either. Much of the Bensonhurst neighborhood still has that old Brooklyn charm. It’s architecture comprises co-ops, condos, single-family attached, semi-attached, fully-detached homes, and also multi-family homes. It’s a healthy mix of quiet residential blocks and bustling commercial thoroughfare, especially along 86th Street. Bensonhurst has many similarities to Bath Beach, it’s immediate neighbor to the south.

Bensonhurst was once part of New Utrecht, which was one of the original six towns within Kings County. It was later absorbed into what we know as modern day Brooklyn. It is named after the Benson family, who were farmers and landowners and controlled much of Bensonhurst and parts of Bath Beach.

In its early history, Bensonhurst was mostly Italian-Americans and Jewish immigrants. In recent years the neighborhood has seen many Chinese, Russian, Middle Eastern and Mexican residents who call Bensonhurst home.

Besides the ethnic enclaves residing in Bensonhurst, the neighborhood is also attracting younger residents and families. The cost of living is considerably less compared to other parts of Manhattan and Brooklyn. In 2019, the homeownership rate in Bensonhurst was 36.5%, higher than the citywide share of 31.9%.

The D, N, and F service Bensonhurst and will shoot you straight into Midtown Manhattan where bus lines service the rest of the borough.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 101356TH