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Brick Four-Unit Quadplex
For Sale
$2,450,000

618 E 2nd Street, Brooklyn, NY 11218

Residential Income, Brooklyn, NY

Property SizeContact for details
Lot Size0.07 Acres
Days on Market49

Property Features for 618 E 2nd Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 4, Basement, Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 7
Parking features Driveway, Garage
Basement Storage Space, Full
Lot features Back Yard, Near Public Transit, Near School, Near Shops, Stone/ Brick Wall
Elementary school Ps 179 Kensington
Middle school Jhs 223 Montauk (The)
High school Franklin Delano Roosevelt High School
Elementary school district Brooklyn 20
Middle school district Brooklyn 20
High school district Brooklyn 20
Directions GPS
Standard status Active
APN 05385-0044
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 17215

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Varies by Unit
Water source Public

Building Details

Year built 1930
Number of units 4
Flooring type Tile, Hardwood, Wood
Building materials Block
Listing Agency: Coldwell Banker American Homes · Coldwell Banker Real Estate
Listed By: Barbara A. Mullaney
Added: Jul 15 Changed: Aug 20 Last Checked: Sep 1 at 8:06PM
MLS# 1023847

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1930-built brick quadplex contains four residential units with a mix of one- and two-bedroom layouts. Unit #1 offers 2 BR / 1 BA and 940 Sq. Ft. and is delivered vacant after updates and painting. Unit #2 contains 1 BR / 1 BA and 620 Sq. Ft. and is occupied. Units #3 and #4 each provide 2 BR / 1 BA and 780 Sq. Ft., with updated kitchens and full baths; Unit #4 also includes new lighting, a new electric panel, and spray foam insulation. Hardwood, wood, and tile flooring are present across the property.

Recent work includes a 2024 roof replacement covering the house and detached garages, brick repointing, and fresh exterior paint on the north side. A 75 gallon hot water heater is identified for 2026. The property also includes a large basement storage area and separate utility/mechanical space. A detached 3-bay garage is rented to a long-term tenant and can be delivered vacant. Located on E 2nd Street in Kensington, the property is near cafes, dining, shopping, and F & G train service.

Key Highlights

  • Four‑unit quadplex built in 1930 with one- and two‑bedroom layouts
  • Unit #1: 2 BR / 1 BA, 940 Sq. Ft., delivered vacant and updated
  • Unit #2: 1 BR / 1 BA, 620 Sq. Ft., currently occupied

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,875
Businesses Nearby

Demographics for 11218, NY

78,642
Population
27,403
Households
2.9
Avg Household Size
35
Median Age
51%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
56,173
Density / Sq Mi
$95,916
Median Household Income
$55,190
Median Earnings
$1,966
Median Rent
$914,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units include one delivered vacant, updated interiors, and access to a detached garage structure.
Where is this quadplex located?
The property is located at 618 E 2nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 1930 with one- and two‑bedroom layouts; Unit #1: 2 BR / 1 BA, 940 Sq. Ft., delivered vacant and updated; Unit #2: 1 BR / 1 BA, 620 Sq. Ft., currently occupied
More about this property
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