RealtyLens
for saleRealtyLens property overview
$2,295,000

2518 W 1st St

Brooklyn, NY, 11223
View more Brooklyn, NY property pages
6Beds
4Baths
1,800Sqft
$1275$/sqft

Listing Notes

Versatile Three-Family Home in A Prime Gravesend Location Discover this exceptional investment opportunity in one of Brooklyn's most sought-after neighborhoods. Situated on a generous 30x100 lot, this fully detached brick home offers a spacious and flexible layout: First Floor: Expansive 3-bedroom, 2-bath unit Second Floor: Two separate apartments-one with 2 bedrooms, the other with 1 bedroom Parking: Private two-car garage for secure parking and additional storage Delivered completely vacant, this property is ideal for investors, end-users, or multi-generational households ready to customize or move in immediately. With hardwood and tile flooring, updated appliances, and a full finished basement, the home combines comfort with potential. Located near Avenue Y and Avenue Z, with easy access to local amenities, schools, and transportation. No financials provided due to vacancy. Don't miss your chance to own this rare and adaptable gem in Gravesend! MLS Approve- No financial provided due to property is vacant.

Market Insights

Above nearby median+78%

$1275/sqft vs a nearby median of $715/sqft.

Nearby median$715/sqft
Nearby properties12
Property size1,800 sqft
  • +78% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,800 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.16M$1.06M$1.27M · 50% confidence
vs ask $2.29M+$1.13M (+49.3%)

Asking price is about 49.3% above where comps + adjustments land — there is room to negotiate.

$650/sqft median across 10 tight comps × 1,800 sqft= $1.17M
  • Days-on-market gravity−$35k −3.0%
  • Transit access+$29k +2.5%
Cumulative NYC adjustments−$6k−0.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+78% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
267 days
Last price change
No change recorded
Listed
Aug 18, 2025
Photos
7 photos
Property type
multi family
Status
for sale

Features & Amenities

Hardwood FloorsTwo Or More StoriesBasementGarage 1 Or MoreInvestment Opportunity

Photos

Building Facts

Year built
1950
Stories
2
Total units
3
Residential units
3
Building area
1,800 sqft
Lot size
3,000 sqft
Land use
Multi-family walk-up buildings
Building class
C0

From NYC public records where available.

Price History

May 4, 2026Initial record
$2,295,000for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations23 open

26 total recorded

ACRIS documents30

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)28,650

Top: illegal parking

Top complaint types in ZIP 11223

  • Illegal Parking7,917
  • Blocked Driveway3,396
  • Noise - Residential3,016
  • HEAT/HOT WATER1,480
  • Street Condition830

Recent HPD

  • May 6, 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...
  • Jun 11, 2025Class 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 27, 2024Class 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...

Recent Transfers (ACRIS)

  • Nov 1, 2024DEED

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.