618 E 2nd St Brooklyn, NY 11218
Kensington NeighborhoodEstimated payment $14,746/month
Highlights
- Property is near public transit, schools, and shops
- 2-minute walk to Ditmas Avenue
- 3 Car Garage
- I.S. 223 The Montauk Rated A-
- Wood Flooring
- 5-minute walk to Digilio Playground
About This Home
Welcome to a fantastic, income-generating multi-family property in the heart of highly sought-after Kensington, Brooklyn! This solid brick four-family home offers the ultimate flexibility: keep it as a fully cash-flowing addition to your portfolio, or move into the vacant unit and let the other tenants pay your mortgage.
The Residences Unit #1 (Front - 2 BR / 1 BA | 940 Sq. Ft.): DELIVERED VACANT! Perfect for an owner-occupant or a high-rent lease. Freshly updated and painted. Unit #2 (Rear - 1 BR / 1 BA | 620 Sq. Ft.): Cozy layout with wood flooring, currently occupied. Unit #3 (Front - 2 BR / 1 BA | 780 Sq. Ft.): Jan 2025 Updated kitchen & full bath, wood flooring. Unit #4 (Rear - 2 BR / 1 BA | 780 Sq. Ft.): Updated kitchen & full bath, wood flooring, new lighting, new electric panel and spray foam insulation. Key Capital Improvements: Brand New Roof (2024): Newly installed on both the main house and the detached garages, Exterior brick repointed, Fresh Paint: Freshly painted brick exterior on north side of the house, New hot 75 gallon hot water heater (2026). Passive Income: includes a detached 3-bay garage structure. Currently rented to a long-term tenant. Can be delivered vacant. Massive Basement features a large storage area and a separate utility/mechanical area—perfect for tenant storage or property management use.
Situated on a quiet residential block in Kensington, you are just moments away from local cafes, diverse dining, shopping, and excellent transit options (F & G trains) for a quick, seamless commute into Manhattan or other parts of Brooklyn.
An incredible asset with massive appreciation potential, and major capital improvements already complete. Schedule your tour today!
Listing Agent
Coldwell Banker American Homes Brokerage Phone: 516-665-2000 License #40MU0988773 Listed on: 07/20/2026
Co-Listing Agent
Coldwell Banker American Homes Brokerage Phone: 516-665-2000 License #10401307020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,215
Year Built
- Built in 1930
Lot Details
- 3,063 Sq Ft Lot
- Lot Dimensions are 25 x 125
- Stone Wall
- Back Yard
Parking
- 3 Car Garage
- Driveway
Home Design
- Quadruplex
- Block Exterior
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Location
- Property is near public transit, schools, and shops
Schools
- Ps 179 Kensington Elementary School
- JHS 223 Montauk Middle School
- Franklin Delano Roosevelt High School
Utilities
- Heating System Uses Natural Gas
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 44 / 5385
- Assessor Parcel Number 05385-0044
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
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 | $16,946 | $386,100 | $90,450 | $295,650 |
| 2025 | $15,674 | $331,200 | $90,450 | $240,750 |
| 2024 | $15,674 | $296,550 | $90,450 | $206,100 |
| 2023 | $14,224 | $337,950 | $90,450 | $247,500 |
| 2022 | $14,180 | $367,200 | $90,450 | $276,750 |
| 2021 | $13,564 | $293,850 | $90,450 | $203,400 |
| 2019 | $12,094 | $324,000 | $90,450 | $233,550 |
| 2018 | $11,276 | $90,980 | $30,478 | $60,502 |
| 2017 | $11,353 | $90,980 | $35,235 | $55,745 |
| 2016 | $10,896 | $86,880 | $38,212 | $48,668 |
| 2015 | $6,833 | $81,571 | $43,033 | $38,538 |
| 2014 | $6,833 | $75,556 | $40,606 | $34,950 |
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 |
|---|---|---|---|---|
| 07/20/2026 07/20/26 | For Sale | $2,450,000 | -- | $785 / Sq Ft |
Source: OneKey® MLS
MLS Number: 1023847
APN: 05385-0044
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Ask me questions while you tour the home.