Six-Unit Apartment
1018 New York Avenue, Brooklyn, NY 11203
For Sale
$725,000
Apartment property near Church Avenue’s 2/5 subway service with access to Manhattan.
Property Size7,000 SF
Price / SF$103.57
Days on Market108
Property Features for 1018 New York Avenue
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Corcoran Group
Listed By:
Hakim D Edwards · License NY 30ED1004324
(347) 489-2247
Source:
Miradorrealestate
Added: Jul 30
Changed: Nov 6
Last Checked: Nov 12 at 1:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Group
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Investment Insights
Based on property information with market context.
This six-unit apartment property was constructed in 1931 and is offered as a multifamily investment asset. The property carries a cap rate slightly below 5.5%, providing an established operating profile for evaluation.
Located at 1018 New York Ave in Brooklyn, the building is four short blocks from the 2/5 train on Church Avenue, with reported travel time to Manhattan of approximately 30 minutes. The surrounding area records a Walk Score of 80, a Transit Score of 92, and a Bike Score of 55, reflecting strong access to subway service and walkable neighborhood amenities.
Located at 1018 New York Ave in Brooklyn, the building is four short blocks from the 2/5 train on Church Avenue, with reported travel time to Manhattan of approximately 30 minutes. The surrounding area records a Walk Score of 80, a Transit Score of 92, and a Bike Score of 55, reflecting strong access to subway service and walkable neighborhood amenities.
Key Highlights
- Six‑unit apartment property constructed in 1931
- Cap rate slightly below 5.5%
- Four short blocks from the 2/5 train on Church Avenue
Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
6,070
Businesses Nearby
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Business Placement
Demographics for 11203, NY
81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Brooklyn, NY
Properties on Market for Apartment buildings in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Apartment property near Church Avenue’s 2/5 subway service with access to Manhattan.
Where is this apartment building located?
The property is located at 1018 New York Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Six‑unit apartment property constructed in 1931; Cap rate slightly below 5.5%; Four short blocks from the 2/5 train on Church Avenue
