601 18Th St Brooklyn, NY 11218

Property Details for 601 18Th St

Property size

2,003 SF

Property type

Commercial real estate

Description

This completely vacant four-family building at 601 18th Street in Brooklyn, NY, presents a compelling investment opportunity. The property boasts a total of 2,003 square feet and features four units, each comprising two bedrooms and one bathroom. Currently vacant, these units offer a blank canvas for renovation and customization to suit individual needs or rental income generation. A full-size, unfinished basement extends across the entire building's footprint, presenting significant potential for future development and expansion. Shared outdoor space adds value and amenity potential. Each unit benefits from its own separate utilities, simplifying management and maximizing efficiency for landlords. The property's strategic location offers easy access to public transportation, with proximity to the F and G train lines and the expressway. Furthermore, it enjoys a short walk to Prospect Park, local shops, bars, and other neighborhood amenities. Priced at $1,990,000, this property is ideal for investors seeking to build or expand their portfolio or homeowners looking for a multi-family project. The combination of its size, location, and potential makes this a truly exceptional investment opportunity in a thriving Brooklyn neighborhood.