Marcus and Millichap has successfully sold 8609 18th Avenue, a three-story apartment building comprised of two apartments and one vacant retail space. The subject property is located off of 86th Street between 18th Avenue and Bay 19th Street in the Bensonhurst neighborhood of Brooklyn, New York. The retail space is in pristine condition and contains several amenities including a conference room, an executive office, a kitchen and backyard access. The retail space is uniquely large, totaling 1,560 square feet. Both apartments occupy their own respective floors and are also in good condition. Both apartments are large two-bedrooms, totaling 1,160 square feet. They currently operate on month to month leases that are below market value, providing an opportunity for an Investor to capitalize on day one income upside potential. The property contains a finished basement in day-one usable condition.

The subject property totals approximately 3,880 gross square feet. The bottom floor is 20 feet by 78 feet, and the apartments are 20 feet by 58 feet. The property sits on a lot that extends 93.5 feet.

This property is conveniently located two blocks away from the D Train at the station on the Southeast corner of 18th Avenue and 85th Street, providing easy access to Manhattan.

• Mixed-Use Property Consisting of One Retail Unit and Two Apartments
• Located on a Prime Bensonhurst Retail Strip
• Finished Basement in Great Condition
• Excellent Upside Potential as Apartments Operate on Month to Month Leases