1392 E 18th Street, Brooklyn, NY 11230
MULTI_FAMILY - Brooklyn, NY
- Added:
- Apr 27, 2026
- Days on Market:
- 54
- Last Refresh:
- Jun 19 at 1:06 pm
Property Features for 1392 E 18th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4-1
- Bedrooms
- 13
- Bathrooms
- 9
- Rooms
- Bedroom 7, Bedroom 6, Bedroom 2, Bathroom 6, Bathroom 7, Bedroom 9, Bedroom 10, Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 9, Bedroom 8, Bathroom 1, Bedroom 11, Bedroom 5, Bathroom 8, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 5, Bedroom 13, Bedroom 12
- Interior features
- Central Air, Dishwasher, Refrigerator, Stove, Washer, Window Treatments
- Basement
- Finished
- Standard status
- Active
- Size
- 6,496 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 47962
Building Details
- Year built
- 2007
- Floors in Building
- 4
- Number of units
- 6
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agent Yujie Zhang (718) 975-0555
Listing office Ilite Realty Inc 179 W End Ave #2A, Brooklyn, NY (718) 975-0555
Listing date Apr 27, 2026
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully vacant 6‑family in Midwood with diversified mix: four 1‑bed/1‑bath units and two oversized 4‑bed/2.5‑bath duplexes
- Brick building built in 2007 on a 30x100 lot with flat roof
- Hardwood flooring throughout
- Each unit includes a full kitchen and in‑unit appliances listed: dishwasher, refrigerator, stove
- On‑site laundry plus window treatments, central air, and washer included (per interior features)
- Projected gross income $211,200/year (~8.4% gross yield) with no inherited leases, holdovers, or below‑market rents; 3 private rear parking spots
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $367.9k | $56.64 |
| − Vacancy | −$7.4k | −$1.13 |
| EGI | $360.6k | $55.51 |
| − OpEx | −$162.3k | −$24.98 |
| NOI | $198.3k | $30.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.957141
- Latitude
- 40.616573
