K
Seller's Agent in 2024
Karen Behfar
1241 E 18th St Brooklyn, NY 11230
Midwood Neighborhood
--
Bed
4.5
Baths
3,432
Sq Ft
3,000
Sq Ft Lot
Highlights
- Wood Flooring
- 4-minute walk to Avenue M
- Back and Front Yard
- Heating System Uses Steam
- Laundry Facilities
- 1-minute walk to Kolbert Playground
About This Home
As of January 2024Introducing a fantastic investment opportunity: a 4-family home that offers immense potential with some renovation and improvements. With a 30×100 lot size and 22×78 build, you can leave it as is or create your 1 Family Dream Home. This property comprises four separate apartments, making it ideal for generating rental income. While it requires some work, this property is an excellent chance to add value and maximize returns.
The first floor of this multi-family home features two 2-bedroom, 1-bathroom apartments. These apartments offer comfortable living spaces, allowing tenants to enjoy privacy and functionality. With two units on the first floor, you have the opportunity to cater to multiple renters, increasing your potential rental income.
Moving to the second floor, you’ll find a 2-bedroom, 1-bathroom apartment along with another 2-bedroom, 1-bathroom apartment.
The basement of this house is not finished but has tons of potential as it is the full length of the home.
Each apartment within this 4-family home has the potential to become an attractive living space for tenants. With some renovation and improvements, you can revitalize the units and create modern, comfortable homes that will appeal to a wide range of renters.
Last Agent to Sell the Property
Karen Behfar
Listed on: 06/29/2023
Last Buyer's Agent
Cina Azarfar
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 3,000 Sq Ft Lot
- Lot Dimensions are 100 x 30
- Back and Front Yard
Home Design
- Duplex
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
Interior Spaces
- 3,432 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Unfinished Basement
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- Electric Water Heater
Community Details
- 4 Units
- Laundry Facilities
- 4 Vacant Units
Listing and Financial Details
- Tax Block 67
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/31/2024 01/31/24 | Sold | $1,650,000 | -10.8% | $481 / Sq Ft |
| 06/29/2023 06/29/23 | Pending | -- | -- | -- |
| 06/29/2023 06/29/23 | For Sale | $1,850,000 | -- | $539 / Sq Ft |
Source: Brooklyn Board of REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,317 | $425,250 | $99,450 | $325,800 |
| 2024 | $16,317 | $380,700 | $99,450 | $281,250 |
| 2023 | $15,538 | $355,050 | $99,450 | $255,600 |
| 2022 | $14,350 | $346,950 | $99,450 | $247,500 |
| 2021 | $13,087 | $277,650 | $99,450 | $178,200 |
| 2020 | $13,406 | $292,050 | $99,450 | $192,600 |
| 2019 | $12,558 | $292,050 | $99,450 | $192,600 |
| 2018 | $12,393 | $97,437 | $29,908 | $67,529 |
| 2017 | $11,475 | $90,221 | $32,633 | $57,588 |
| 2016 | $10,770 | $83,539 | $35,436 | $48,103 |
| 2015 | $6,774 | $83,240 | $42,387 | $40,853 |
| 2014 | $6,774 | $77,227 | $31,431 | $45,796 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Buyer's Agent in 2024
Cina Azarfar
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 475100
APN: 06738-0078
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