$1,650,000
Updated 3 years ago
Sold

1241 East 18th Street

Midwood, Brooklyn | Ave L & Bay Ave

20 Rooms8 Beds4.5 Baths3,432 Square FeetMulti-Family

$1,650,000
floors / apts2 / 4
Lot Size30'x100'
Built Size22'x78'
ZoneR7A
Building TypeHouse
RE Taxes$15,538
Price Per SF
$481

This property was sold for $1,650,000 on 01/31/24.

Outdoor space and views

  • Porch

Building Amenities

  • Voice Intercom

Property Description for 1241 East 18th Street

Introducing 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.

Listing History for 1241 East 18th Street

Now
01/31/2024
$1,650,000
Sold and Closed by Karen Behfar
The Behfar Team
2024

Building Details for 1241 East 18th Street

OwnershipMulti-Family
Building TypeHouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1925
Floors/Apts2/4
Learn More About the Building

Contact Agent

Contact Agent

Karen Behfar
The Behfar Team
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 91646TH