MLS#1023847
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBrooklyn 20
Property Description
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!
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Storage Space
Basement: Yes
Cooling: Varies by Unit
Garage: 3
Heating: Natural Gas, Other
Lot Size: 0.07 Acres
Taxes: $17,215
Year Built: 1930
Amenities
Other
Feature Descriptions
Building Area Total: 3120
Days on Site: 5
Exterior: Block
Flooring: Hardwood, Tile, Wood
GarageY/N: Yes
Included In Taxes: Trash
Lot Dimensions: 25 X 125
Lot Features: Back Yard, Near Public Transit, Near School, Near Shops, Stone/Brick Wall
On Market Date: 2026-07-20
Other Structures: Garage(s)
Parcel Number: 05385-0044
Parking Features: Driveway, Garage
Property Attached Y/N: 1
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 4
Separate Gas Meters: 4
Sewer: Public Sewer
Units: 4
Utilities: Cable Available, Electricity Connected, Natural Gas Connected
Water: Public
Local Schools
High School: Franklin Delano Roosevelt High School
Middle School: Jhs 223 Montauk (The)
Elementary School: Ps 179 Kensington
School District: Brooklyn 20
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Estimated Payment
$ 7,601.80 per month $5,452.64 Principal & Interest $1,434.58 Property Tax $714.58 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Coldwell Banker American Homes
Agency Contact: 516-665-2000
Shown By
Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902
618 E 2nd Street | MLS# 1023847
This multi-family property located at 618 E 2nd Street , Brooklyn, NY 11218 is currently listed for sale with an asking price of $2,450,000. E 2nd Street is located within the Brooklyn 20 school district. Search Brooklyn real estate on www.laffey.com today.