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!
Active
$2,450,000
618 E 2nd St, Brooklyn, NY 11218
7beds
--sqft
Multi Family
Built in 1930
-- sqft lot
$2,449,800 Zestimate®
$--/sqft
$-- HOA
What's special
Solid brick four-family homeNew lightingFreshly painted brick exteriorSpray foam insulationWood flooringUpdated kitchen
- 38 days
- 397
- 7
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker American Homes 516-384-6114,
Alison Clements
Source: StreetEasy,MLS#: S1840462
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Features
- Has fireplace: No
Property
Details
- Parcel number: 053850044
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1930
Community & HOA
Community
- Subdivision: Kensington
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $736,000
- Annual tax amount: $17,148
- Date on market: 7/30/2026
Estimated market value
$2,449,800
$2.33M - $2.57M
$3,260/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Listed for sale | $2,450,000 |
Source:  OneKey® MLS as distributed by MLS GRID #1023847 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,148 +7.4% | $331,200 +11.7% |
| 2024 | $15,964 | $296,550 -12.3% |
| 2023 | -- | $337,950 -8% |
| 2022 | -- | $367,200 +25% |
| 2021 | -- | $293,850 -8.8% |
| 2020 | $12,936 +8.2% | $322,200 -0.6% |
| 2019 | $11,961 | $324,000 +256.1% |
| 2018 | -- | $90,980 |
| 2017 | $11,572 +6.3% | $90,980 +4.7% |
| 2016 | $10,889 | $86,880 +6.5% |
| 2015 | $10,889 +59.4% | $81,571 +8% |
| 2014 | $6,833 | $75,556 +8% |
| 2013 | -- | $69,985 |
| 2012 | -- | $69,985 +4.7% |
| 2011 | -- | $66,831 +6.5% |
| 2010 | -- | $62,747 +8% |
| 2009 | -- | $58,120 +8% |
| 2008 | -- | $53,835 |
| 2007 | -- | $53,835 +4.7% |
| 2006 | -- | $51,409 +6.5% |
| 2005 | -- | $48,267 +8% |
| 2004 | -- | $44,708 +8% |
| 2003 | -- | $41,412 |
| 2002 | -- | $41,412 +4.7% |
| 2001 | -- | $39,546 +6.5% |
| 2000 | -- | $37,129 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Kensington
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