1362-1368 East 18th Street

Midwood

$2,200,000
Last Sold Price
14
Beds
8
Baths
6,600 Sq. Ft.
$333 / Sq. Ft.
6,600
Sq. Ft.
$333
per Sq. Ft.

Description

This package consists of two side by side four family properties, with a shared driveway, and lots up of upside potential. Currently this property cashflows at ~2% cap rate. The proforma metrics for this property could yield and investor ~6.2% cap rate after improvements are done. This is your chance to own two adjacent free market 4 family properties.
***Properties will be delivered with tenants in place
***Please Inquire for a financial setup.
This package consists of two side by side four family properties, with a shared driveway, and lots up of upside potential. Currently this property cashflows at ~2% cap rate. The proforma metrics for this property could yield and investor ~6.2% cap rate after improvements are done. This is your chance to own two adjacent free market 4 family properties.

***Properties will be delivered with tenants in place

***Please Inquire for a financial setup.

Listing Agents

  1. Ian Mednick

    Ian Mednick

    Listing Agent

    Compass

Amenities

  • Walk Up

Location

Add your commute
LISTING UPDATED: 06/16/2022 08:43 AM

Property Details for 1362-1368 East 18th Street

StatusSold
Days on Market38
Taxes$2,303 / month
Maintenance-
Min. Down Pymt-
Total Rooms30.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1931
Lot Size6,000 SF
CountyKings County

Location

Add your commute

Building Information for 1362-1368 East 18th Street

Stories-Residences8Year Built1931Building Size-Lot Size6,000 SFBuilding Age-Building Type-Senior Community-

Payment Calculator

$14,309 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,006

Property Taxes

$2,303

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 1362-1368 East 18th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1362-1368 East 18th Street

This home is within Nyc Geog District #21 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
P.S. 199 Frederick Wachtel
PublicPK to 5

Andries Hudde School
Public6 to 8

Edward R Murrow High School
Public9 to 12

Brooklyn Studio Secondary School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.