Brian Cutrone
Exit Realty Achieve
(855) 616-1277
29 Total Sales
1 in Midwood
$1,300,000 Price
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
- Laundry Facilities
- Back and Front Yard
- Heating System Uses Steam
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2023
Closed on
Jan 31, 2024
Sold by
Bought by
Seller's Agent
Karen Behfar
Buyer's Agent
Cina Azarfar
List Price
$1,850,000
Sold Price
$1,650,000
Premium/Discount to List
-$200,000
-10.81%
Views
68
Purchase Details
Closed on
Feb 1, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 10, 2008
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Midwood, NY
-
Brian Cutrone
-
Dan Patsis
Dan Patsis
Responds QuicklyPOLJAN PROPERTIES INC
(917) 525-4631
68 Total Sales
1 in Midwood
$235,000 Price
-
Paul Griffith
Paul Griffith
Griffith Real Estate LLC
(862) 772-8397
21 Total Sales
4 in Midwood
$205K - $365K Price Range
-
David Castle
David Castle
Responds QuicklyKeller Williams Realty Greater
(888) 961-6134
23 Total Sales
1 in Midwood
$365,000 Price
-
Yeugena Atayan
Yeugena Atayan
RE/MAX Real Estate Professiona
(866) 450-0598
22 Total Sales
1 in Midwood
$895,000 Price
-
Svetlana (Lana) Shushkovsky
Svetlana (Lana) Shushkovsky
Responds QuicklyeXp Realty BKNY
(844) 227-6704
19 Total Sales
14 in Midwood
$195K - $470K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,650,000 | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $400,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | -- | $510,300 | $99,450 | $410,850 |
| 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
-
K
Seller's Agent in 2024
Karen Behfar
-
C
Buyer's Agent in 2024
Cina Azarfar
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 475100
APN: 06738-0078
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
Nearby Homes
- 1251 E 19th St Unit 6C
- 1251 E 19th St Unit 3B
- 1289 E 19th St Unit B3
- 1289 E 19th St Unit F6
- 1289 E 19th St Unit C1
- 1289 E 19th St Unit D4
- 1901 Avenue M
- 1773 Ocean Ave
- 2112 Avenue L
- 1916 Avenue K Unit 6J
- 1801 Ocean Ave Unit 3L
- 1801 Ocean Ave Unit 5F
- 1801 Ocean Ave Unit 4D
- 1222 E 22nd St
- 1392 E 18th St
- 1334 E 15th St
- 1801 Avenue N Unit 6C
- 1801 Avenue N Unit 4G
- 1717 Avenue N Unit 6H
- 1322 E 14th St Unit 3B
- 1237 E 18th St
- 1245 E 18th St
- 1249 E 18th St
- 1253 E 18th St
- 1234 E 19th St
- 1802-1814 Avenue L
- 1238 E 19th St
- 1240 E 19th St
- 1257 E 18th St
- 1242 E 19th St Unit 1244
- 1242-1244 E 19th St
- 1818 Avenue L Unit 1F
- 1818 Avenue L Unit 53
- 1248 E 19th St
- 1252 E 19th St Unit 2A
- 1252 E 19th St Unit 3P
- 1252 E 19th St Unit 3A
- 1252 E 19th St Unit 2P
- 1252 E 19th St Unit 1P
- 1252 E 19th St Unit 6A
Your Personal Tour Guide
Ask me questions while you tour the home.