Duplex with Finished
For Sale
$949,000
2454 E 18th Street, Brooklyn, NY 11235
Residential, Duplex, Brooklyn, NY
Property Size1,848 SF
Lot Size0.04 Acres
Price / SF$513.53
Days on Market54
Property Features for 2454 E 18th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4
Bedrooms
2
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2
Parking features
Garage - Attached
Interior features
A/C Unit, Garage Door Opener(s), Refrigerator, Stove
Basement
Full, Finished
Subdivision
Sheepshead Bay
Standard status
Active
Size
1,848 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
5354
Amenities
sunroom
garden
Building Details
Year built
1930
Floors in Building
2
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Kelly Wu · License #10401268467
(718) 612-3088
Added: Sep 14
Changed: Nov 4
Last Checked: Nov 6 at 5:06AM
MLS# 504493
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.
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Investment Insights
Based on property information with market context.
This 1,848-square-foot brick duplex was built in 1930 and sits on a 0.0367-acre lot. The main level includes living, kitchen, and dining areas, a half bath, and an enclosed sunroom. Two bedrooms and a full bathroom occupy the upper floor. The finished basement has its own entrance, living space, a full bathroom, laundry area, and boiler room with a boiler and gas furnace. Hardwood and tile flooring are noted, along with an attached garage and private driveway.
The property is zoned R4 and is near neighborhood shopping, dining, the Q and B trains, and the B4, B36, B49, and BM3 bus routes. Outdoor features include a backyard with a garden.
The property is zoned R4 and is near neighborhood shopping, dining, the Q and B trains, and the B4, B36, B49, and BM3 bus routes. Outdoor features include a backyard with a garden.
Key Highlights
- 1,848 square feet on a 0.0367‑acre lot
- Two bedrooms, plus finished basement living space with a separate entrance
- Main level includes living, kitchen, dining, half bath, and enclosed sunroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,720
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,294,400
$1.3M
Cap Rate 7%
$924,571
$924.6K
Cap Rate 9%
$719,111
$719.1K
Market Conditions
NOI Build-Up for 1,848 SF
Gross rent
$94.2K $51.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$92.5K $50.03/SF
− OpEx
−$27.7K −$15.01/SF
NOI
$64.7K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,294,400
Cap Rate 7%
$924,571
Cap Rate 9%
$719,111
Alternative Uses
Best Use
Multifamily LT 5
$924.6K
$809.0K – $1.08M
NOI $64,720 @ 7.0% cap · market cap 6.82%
Second Best
Apartment 5plus
$806.0K
$705.2K – $940.3K
NOI $56,418 @ 7.0% cap · market cap 5.94%
Theoretical Best
Specialty Retail
$1.53M
$1.34M – $1.79M
NOI $107,110 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
5,436
Businesses Nearby
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Business Placement
Demographics for 11235, NY
88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A separate basement entrance, attached garage, private driveway, and backyard garden complement the home's multi-level layout.
Where is this duplex located?
The property is located at 2454 E 18th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 1,848 square feet on a 0.0367‑acre lot; Two bedrooms, plus finished basement living space with a separate entrance; Main level includes living, kitchen, dining, half bath, and enclosed sunroom
