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for saleRealtyLens property overview
$2,500,000
1392 E 18th St
Brooklyn, NY, 11230
View more Brooklyn, NY property pages13Beds
9Baths
6,496Sqft
$385$/sqft
Listing Notes
A rare fully vacant 6-family in the heart of Midwood - set your rents at market rate from day one. Built in 2007 on a 30x100 lot, this well-maintained brick building offers a diversified unit mix of four 1-bed/1-bath apartments and two oversized 4-bed/2.5-bath duplexes, with hardwood floors throughout, full kitchens, on-site laundry, and three private rear parking spots. Projected gross income of $211,200/year (~8.4% gross yield) with no inherited leases, no holdovers, and no below-market rents to work through. Modern 2007 construction means lower capital expenditure and cleaner books from the start. Ideal for 1031 exchange buyers, multifamily investors, or an owner-occupant ready to live in one of the large duplexes while collecting income from five units. We have all floor plans. reach out to request.
Market Insights
Below nearby median-42%
$385/sqft vs a nearby median of $660/sqft.
Nearby median$660/sqft
Nearby properties12
Property size6,496 sqft
- -42% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 6,496 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$4.24M$3.86M – $4.62M · 50% confidence
vs ask $2.50M−$1.74M (−69.6%)
Asking price is about 69.6% below the fair value — likely to draw competing offers if it's still on market.
$650/sqft median across 10 tight comps × 6,496 sqft= $4.22M
- Transit access+$105k +2.5%
- Modern construction+$63k +1.5%
- Open Class C HPD violations−$63k −1.5%
- Sparse street life−$63k −1.5%
- Visible condition issues−$21k −0.5%
Cumulative NYC adjustments+$21k+0.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 14 days
- Last price change
- No change recorded
- Listed
- Apr 27, 2026
- Photos
- 17 photos
- Property type
- multi family
- Status
- for sale
- Last sold
- Apr 4, 2016 · $2,500,000
Features & Amenities
Central AirHardwood FloorsTwo Or More StoriesFloor PlanPrivate Parking
Photos
Building Facts
- Year built
- 2007
- Stories
- 4
- Total units
- 6
- Residential units
- 6
- Building area
- 6,496 sqft
- Lot size
- 3,000 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C2
From NYC public records where available.
Price History
May 4, 2026Initial record
$2,500,000for sale
Public Records
DOB violations0 open
1 total recorded against the building
HPD violations11 open
1 class C (immediately hazardous)
ACRIS documents21
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)34,809
Top: illegal parking
Top complaint types in ZIP 11230
- Illegal Parking7,642
- HEAT/HOT WATER4,263
- Blocked Driveway2,735
- Noise - Residential2,601
- UNSANITARY CONDITION1,238
Recent DOB
- Jul 27, 2007V*-DOB VIOLATION - DISMISSED · C-CONSTRUCTION OTHER OPTIONAL
Recent HPD
- May 8, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 20, 2025Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- May 12, 2025Class C · § 27-2005, 2007 ADM CODE REMOVE DEVICE PREVENTING DOOR FROM BEING SELF-CLOSING HOOK AND EYE AT ENTRANCE DOOR AT PUBLIC HALL, 1st STORY
- May 12, 2025Class C · § 27-2005, 2007 ADM CODE REMOVE DEVICE PREVENTING DOOR FROM BEING SELF-CLOSING WOOD BLOCKS AT ENTRANCE DOOR AT PUBLIC HALL, 1st STORY
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.