6419-23 18th Ave
Brooklyn, NY 11204
Retail Property For Sale

Melanson Real Estate Group is pleased to exclusively present 6419 and 6423 18th Avenue for sale. These properties are on the corner of 65th Street and 18th Avenue in Bensonhurst, Brooklyn; the corner of two major thoroughfares that sees 40,000+ vehicles per day. There are 30+ national tenants within a 4-block radius of these properties and the N train subway entrance is one block away at 64th Street and 18th Avenue.
6423 18th Avenue features a Starbucks that has been operating at this location for over 20 years and just recently extended their lease for 10 years, reflecting their commitment to this location on the best retail corner in all of South Brooklyn. In addition, Starbucks has incredibly rare 17.5% increases every 5 years built into their lease.
6419 18th Avenue features Chun Hong Kong Cafe, who moved into the space in 2024. Both ground floor retail tenants reimburse a significant amount of the property tax bills, and Chun HK Cafe covers a portion of the landlord's annual insurance expense. This provides investors with stable cash flow, and protection from expense increases.
Starbucks fully renovated in 2019 at a cost of $600,000. Chun Hong Kong Cafe, Inc gut renovated in 2024 at a cost of $750,000.
6419 18th Avenue has new drain pipes from 3rd floor to front trap in basement installed in 2024/2025. 6423 had 1 bathroom drain line changed as well as the front trap and 6' of sewer pipe before the front trap.
The second and third floors feature six (6) total apartments. All apartments are completely 100% FREE MARKET. 6419 18th Avenue has two (2) floor through apartments above the ground floor retail, and 6423 18th Avenue has four (4) apartments above the ground floor retail.
These properties provide investors with an opportunity to acquire current cash flow from credit tenants, and immediate upside in renovating and renting out the free market apartments upstairs.