1392 East 18th Street, Brooklyn, New York 11230
- $2,500,000
- 13
- BD
- 9
- BA
- 6,496
- SqFt
- List Price
- $2,500,000
- Status
- ACTIVE
- MLS#
- 500863
- Bedrooms
- 13
- Full-baths
- 8
- Half-baths
- 2
- Sq. Ft
- 6,496
- Year Built
- 2007
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.
/t.realgeeks.media/resize/460x/https://u.realgeeks.media/mkrealtyny%252Fcompany_logos%252FWORDMARK_CENTER_ALIGN_GREY_CENTER_C.png)
Additional Information
- Style
- Other
- Lot Size
- 3,000
- Stories
- 4
- Parking Description
- 3 Spaces
- Heat Source
- Gas
- Year Built
- 2007
- Zoning
- R4-1
- Sale Type
- Arm's Length
- Bank Financing
- 1031 Exchange, Bank Mortgage, Cash
- Building Type
- Detached
- Year Built
- 2007
- Basement
- Finished
- Lot Dimensions
- 100 x 30
- Building Dimensions
- 55.00 x 28.00
- Estimated Yearly Tax Amount
- $47,961
Mortgage Calculator
Listing courtesy of Ilite Realty Inc.