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  2. 1392 East 18th Street
  • 1392 East 18th Street
  • $ 2,500,000
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230

1392 East 18th Street

Midwood   |   Avenue M & Avenue N

Building For Sale
$ 2,500,000
Ownership Multi-Family
Lot Size 30'x100'
Status Active
Real Estate Taxes [Per Annum] $ 47,962
Building Size 28'x55'
Year Built 2007
ASF/ASM 6,496/603
 

Photos

1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
1392 East 18th Street Midwood Brooklyn NY 11230

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.
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.

Listing Courtesy of Ilite Realty Inc

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

Exposed Bricks
Hardwood Floors
1392 East 18th Street Midwood Brooklyn NY 11230
1392 East 18th Street Midwood Brooklyn NY 11230

Building Details [1392 East 18th Street]

Ownership Multi-Family
Service Level Attended Lobby
Block/Lot 6746/37
Building Size 28'x55'
Zoning R4-1
Year Built 2007
Floors 4
Lot Size 30'x100'

Mortgage Calculator in [US Dollars]

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Loan Amount

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
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.
MLSID: 500863