1392 E 18th St Brooklyn, NY 11230
Midwood NeighborhoodEstimated payment $17,421/month
Highlights
- Wood Flooring
- 4-minute walk to Avenue M
- Private Driveway
- Multiple cooling system units
- Hot Water Heating System
- 5-minute walk to Kolbert Playground
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $47,962
Year Built
- Built in 2007
Lot Details
- 3,000 Sq Ft Lot
- Lot Dimensions are 100 x 30
- Back Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 6,496 Sq Ft Home
- 4-Story Property
- Window Treatments
- Washer
- Finished Basement
Kitchen
- Stove
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 13 Bedrooms
Parking
- 3 Parking Spaces
- Private Driveway
Utilities
- Multiple cooling system units
- Central Air
- Hot Water Heating System
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 6746
Community Details
Building Details
- 6 Vacant Units
- Insurance Expense $3,400
- Gross Income $191,670
Additional Features
- 6 Units
- Secure Lobby
Map
Home Values in the Area
Average Home Value in this Area
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 | $48,197 | $553,950 | $76,500 | $477,450 |
| 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
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 |
|---|---|---|---|---|
| 04/27/2026 04/27/26 | For Sale | $2,500,000 | -- | $385 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 500863
APN: 06746-0037
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Ask me questions while you tour the home.