2518 W 1st St Brooklyn, NY 11223
Gravesend NeighborhoodEstimated payment $13,226/month
Highlights
- Wood Flooring
- Back and Side Yard
- Private Driveway
About This Home
Versatile Three-Family Home in A Prime Gravesend Location
Discover this exceptional investment opportunity in one of Brooklyn’s most sought-after neighborhoods. Situated on a generous 30x100 lot, this fully detached brick home offers a spacious and flexible layout: First Floor: Expansive 3-bedroom, 2-bath unit
Second Floor: Two separate apartments—one with 2 bedrooms, the other with 1 bedroom
Parking: Private two-car garage for secure parking and additional storage
Delivered completely vacant, this property is ideal for investors, end-users, or multi-generational households ready to customize or move in immediately. With hardwood and tile flooring, updated appliances, and a full finished basement, the home combines comfort with potential.
Located near Avenue Y and Avenue Z, with easy access to local amenities, schools, and transportation.
No financials provided due to vacancy. Don’t miss your chance to own this rare and adaptable gem in Gravesend!
Listing Agent
RE/MAX Real Estate Professionals License #40AN0957928 Listed on: 08/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,104
Year Built
- Built in 1950
Lot Details
- 3,000 Sq Ft Lot
- Lot Dimensions are 100 x 30
- Back and Side Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Slab Foundation
- Wood Frame Construction
- Rubber Roof
Interior Spaces
- 1,800 Sq Ft Home
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Parking
- 2 Parking Spaces
- Private Driveway
Utilities
- Heat Pump System
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Tax Block 7214
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 | $10,104 | $64,080 | $16,260 | $47,820 |
| 2024 | $10,104 | $75,360 | $16,260 | $59,100 |
| 2023 | $9,642 | $66,060 | $16,260 | $49,800 |
| 2022 | $8,941 | $62,820 | $16,260 | $46,560 |
| 2021 | $9,426 | $51,480 | $16,260 | $35,220 |
| 2020 | $7,069 | $66,300 | $16,260 | $50,040 |
| 2019 | $8,769 | $66,300 | $16,260 | $50,040 |
| 2018 | $8,065 | $39,563 | $7,244 | $32,319 |
| 2017 | $7,608 | $37,324 | $10,374 | $26,950 |
| 2016 | $7,461 | $37,324 | $11,613 | $25,711 |
| 2015 | $4,247 | $37,024 | $15,852 | $21,172 |
| 2014 | $4,247 | $34,934 | $14,957 | $19,977 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2025 11/06/25 | Price Changed | $2,345,000 | -2.1% | $1,303 / Sq Ft |
| 08/12/2025 08/12/25 | For Sale | $2,395,000 | -- | $1,331 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $1,150,000 | -- | |
| Deed | $1,150,000 | -- | |
| Deed | $1,150,000 | -- | |
| Bargain Sale Deed | $385,000 | Titleserv | |
| Bargain Sale Deed | $385,000 | Titleserv | |
| Interfamily Deed Transfer | -- | Titlecrafters Inc | |
| Interfamily Deed Transfer | -- | Titlecrafters Inc | |
| Bargain Sale Deed | $345,000 | Security Title & Guaranty Co | |
| Bargain Sale Deed | $345,000 | Security Title & Guaranty Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $330,991 | Purchase Money Mortgage | |
| Closed | $330,991 | Purchase Money Mortgage | |
| Previous Owner | $862,500 | Purchase Money Mortgage | |
| Previous Owner | $344,250 | No Value Available | |
| Previous Owner | $310,500 | No Value Available |
Source: Brooklyn Board of REALTORS®
MLS Number: 494879
APN: 07214-0013
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.
- 2481 W 2nd St
- 2547 W 2nd St Unit 1-J
- 2547 W 2nd St Unit 2J
- 2547 W 2nd St Unit 1K
- 2569 W 2nd St Unit 4G
- 2569 W 2nd St Unit 4F
- 366 Avenue Y Unit 3-A
- 2555 West St
- 2536 E 1st St Unit 102
- 2450 West St
- 2421 W 1st St
- 475 Avenue Y
- 477 Avenue Y
- 2554 E 2nd St
- 310 Avenue X
- 2443 E 1st St
- 2568 E 2nd St
- 2695 Shell Rd Unit 3D
- 526 Avenue Z Unit 2F
- 125 Stryker St
- 321 Avenue X
- 2957 Shore Pkwy Unit 1FL
- 2833 Ocean Pkwy
- 2797 86th St Unit 2B
- 2971 Shell Rd
- 2940-3000 Ocean Pkwy
- 2711 Coney Island Ave Unit 3Fl
- 532 Neptune Ave
- 2458 E 12th St Unit 2
- 1014 Banner Ave Unit C2
- 2925 W 5 St Unit 23B
- 1237 Avenue Z Unit F2
- 3039 Ocean Pkwy Unit B6
- 226 Avenue Z
- 2300 E 13th St Unit 1
- 3090 Brighton 5th St
- 40 Brighton 1st Rd Unit 4C
- 105 Brighton 11th St
- 176 28th Ave
- 313 Brightwater Ct Unit 2G