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$ 2,500,000
Est. payment /mo
New
1392 East 18th ST Brooklyn, NY 11230
13 Beds
9 Baths
6,496 SqFt
UPDATED:
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.
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 Locations