1392 East 18th ST, Brooklyn, NY 11230
1392 East 18th ST, Brooklyn, NY 11230
1392 East 18th ST, Brooklyn, NY 11230
1392 East 18th ST, Brooklyn, NY 11230
1392 East 18th ST, Brooklyn, NY 11230
1392 East 18th ST, Brooklyn, NY 11230
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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603
$ 2,500,000
Est. payment | /mo

13 Beds

9 Baths

6,496 SqFt

Save
$ 2,500,000
Est. payment | /mo
Save

13 Beds

9 Baths

6,496 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,496 sqft

Price per Sqft $384

MLS Listing ID 500863

Style Other

Bedrooms 13

Full Baths 8

Half Baths 2

Year Built 2007

Annual Tax Amount $47,961

Property Sub-Type Multi-Family

Property Description

A rare fully vacant 6-family in the heart of Midwood — set your rents at market rate from day one. Built in 2007 on a 30x100 lot, this well-maintained brick building offers a diversified unit mix of four 1-bed/1-bath apartments and two oversized 4-bed/2.5-bath duplexes, with hardwood floors throughout, full kitchens, on-site laundry, and three private rear parking spots.

Projected gross income of $211,200/year (~8.4% gross yield) with no inherited leases, no holdovers, and no below-market rents to work through. Modern 2007 construction means lower capital expenditure and cleaner books from the start.

Ideal for 1031 exchange buyers, multifamily investors, or an owner-occupant ready to live in one of the large duplexes while collecting income from five units.
We have all floor plans. reach out to request.

Location

State NY

County Kings (brooklyn)

Area Midwood

Zoning R4-1

Rooms

Basement Finished

Interior

Hot Water Gas

Heating Gas

Flooring Hardwood, Tile

Heat Source Gas

Exterior

Exterior Feature Brick

Amenities Available Secure Lobby

Roof Type Flat

Handicap Access No

Building

Story 4

Foundation Block

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash

Listed by Ilite Realty Inc

NEARBY SCHOOL & BUSINESS

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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

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1392 East 18th ST

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