1392 E 18th St Brooklyn, NY 11230
Midwood NeighborhoodEstimated payment $16,772/month
Highlights
- Wood Flooring
- 4-minute walk to Avenue M
- Laundry Facilities
- Multiple cooling system units
- Private Driveway
- 5-minute walk to Kolbert Playground
About This Home
Introducing this rare, fully detached brick 6-family building offering incredible potential. This property features six spacious apartments, laid out as follows: First Floor: One 1-bedroom apartment plus a duplex 2-bedroom, 2-bathroom apartment. Second Floor: Two separate well-proportioned 1-bedroom apartments. Third Floor: Two separate expansive 4-bedroom duplexes, each offering 2.5 bathrooms, large living rooms, and dining areas. Additional highlights include three private parking spots — a major bonus in this area!
Located in a high-traffic, high-demand location, just minutes from shopping, dining, and transportation, making it extremely attractive to tenants.
Currently, two apartments are free market — offering significant upside potential for investors.
Don’t miss out on this exceptional opportunity to add a solid, income-generating property to your portfolio!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $46,710
Lot Details
- 3,000 Sq Ft Lot
- Lot Dimensions are 100 x 30
- Back Yard
Home Design
- 6,496 Sq Ft Home
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
Parking
- 3 Parking Spaces
- Private Driveway
Utilities
- Multiple cooling system units
- Central Air
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Additional Features
- Finished Basement
Listing and Financial Details
- Tax Block 6746
Community Details
Overview
- 6 Units
Amenities
- Laundry Facilities
- Community Storage Space
Building Details
- Insurance Expense $3,400
- Gross Income $191,670
Map
Home Values in the Area
Average Home Value in this Area
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 | $46,710 | $461,700 | $76,500 | $385,200 |
| 2024 | $46,710 | $384,750 | $76,500 | $308,250 |
| 2023 | $34,448 | $357,300 | $76,500 | $280,800 |
| 2022 | $24,574 | $446,850 | $76,500 | $370,350 |
| 2021 | $15,894 | $525,600 | $76,500 | $449,100 |
| 2020 | $8,070 | $576,000 | $76,500 | $499,500 |
| 2019 | $2,541 | $552,600 | $76,500 | $476,100 |
| 2018 | $2,584 | $266,113 | $33,166 | $232,947 |
| 2017 | $2,585 | $246,402 | $36,235 | $210,167 |
| 2016 | $2,620 | $228,150 | $39,456 | $188,694 |
| 2015 | $2,047 | $228,150 | $47,357 | $180,793 |
| 2014 | $2,047 | $221,079 | $44,636 | $176,443 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/15/2026 01/15/26 | Price Changed | $2,500,000 | -10.6% | $385 / Sq Ft |
| 12/11/2025 12/11/25 | Price Changed | $2,795,000 | -6.7% | $430 / Sq Ft |
| 08/28/2025 08/28/25 | Price Changed | $2,995,000 | -6.1% | $461 / Sq Ft |
| 07/15/2025 07/15/25 | For Sale | $3,190,000 | -- | $491 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 494211
APN: 06746-0037
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