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Sold
  • $1,650,000

    1241 E 18th St, Brooklyn, NY 11230

    8beds
    3,000sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $1,776,400 Zestimate®
    $550/sqft
    $3,758 Estimated rent

    Home value

    $1,776,400

    $1.62M - $1.95M

    $3,758/mo

    Zestimate® history
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    $3,758/mo

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    Rent Zestimate®

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    $9,911/mo

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    $9,911/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Karen Behfar,

    Behfar Team LLC,

    Aharon Behfar

    Source: StreetEasy,MLS#: S1669889

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Details
    • Parcel number: 067380078
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1925

    Community & HOA

    Community
    • Subdivision: Midwood
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $550/sqft
    • Tax assessed value: $945,000
    • Annual tax amount: $14,340
    • Date on market: 6/28/2023

    Price history

    DateEventPrice
    1/31/2024Sold$1,650,000-10.8%$550/sqft
    Source: BNYMLS #475100 Report a problem
    10/17/2023Pending sale$1,850,000$617/sqft
    Source: StreetEasy Report a problem
    10/17/2023Listing removed--
    Source: StreetEasy Report a problem
    9/27/2023Pending sale$1,850,000$617/sqft
    Source: BNYMLS #475100 Report a problem
    6/29/2023Listed for sale$1,850,000$617/sqft
    Source: BNYMLS #475100 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,499 +7.2%$425,250 +11.7%
    2024$16,317 $380,700 +7.2%
    2023-- $355,050 +2.3%
    2022-- $346,950 +25%
    2021-- $277,650 -4.9%
    2020$13,497 +7.8%$292,050
    2019$12,522 $292,050 +199.7%
    2018-- $97,437 +8%
    2017$11,475 +6.6%$90,221 +8%
    2016$10,762 $83,539 +0.4%
    2015$10,762 +58.9%$83,240 +7.8%
    2014$6,774 $77,227 +3%
    2013-- $74,952 +8%
    2012-- $69,401 +8%
    2011-- $64,261 +0.4%
    2010-- $64,031 +7.8%
    2009-- $59,406 +3%
    2008-- $57,656 +8%
    2007-- $53,386 +8%
    2006-- $49,432 +0.4%
    2005-- $49,255 +7.8%
    2004-- $45,697 +3%
    2003-- $44,352 +8%
    2002-- $41,067 +8%
    2001-- $38,025 +0.4%
    2000-- $37,889
    Find assessor info on the county website

    Neighborhood: Midwood

    Nearby schools

    GreatSchools rating