RealtyLens
for saleRealtyLens property overview
$1,375,000

18 Melrose St # 1

Brooklyn, NY, 11206
View more Brooklyn, NY property pages
2Beds
2Baths
1,445Sqft
$952$/sqft

Market Insights

Below nearby median-24%

$952/sqft vs a nearby median of $1248/sqft.

Nearby median$1248/sqft
Nearby properties8
Property size1,445 sqft
  • -24% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,445 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.84M$1.70M$1.97M · 66% confidence
vs ask $1.38M−$461k (−33.5%)

Asking price is about 33.5% below the fair value — likely to draw competing offers if it's still on market.

$1,290/sqft median across 7 tight comps × 1,445 sqft= $1.86M
  • Open Class C HPD violations−$112k −6.0%
  • Transit access+$75k +4.0%
  • Modern construction+$28k +1.5%
  • Days-on-market gravity−$19k −1.0%
Cumulative NYC adjustments−$28k−1.5%

Property Read

FreshnessVerification recommended

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

Market Position-24% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

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

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

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

Listing Details

Days on market
96 days
Last price change
No change recorded
Listed
Feb 6, 2026
Photos
13 photos
Property type
condos
Status
for sale

Photos

Building Facts

Year built
2018
Stories
4
Total units
18
Residential units
18
Building area
14,320 sqft
Lot size
6,672 sqft
Land use
Multi-family walk-up buildings
Building class
R2

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,375,000for sale

Public Records

DOB violations0 open

5 total recorded against the building

HPD violations30 open

7 class C (immediately hazardous)

ACRIS documents0

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

311 calls (12 mo)30,957

Top: noise - residential

Top complaint types in ZIP 11206

  • Noise - Residential4,289
  • Illegal Parking3,542
  • HEAT/HOT WATER2,199
  • Noise - Street/Sidewalk2,107
  • Noise - Commercial1,678

Recent DOB

  • Jul 21, 2021V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
  • Nov 25, 2020V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
  • Nov 11, 2020V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
  • Jul 22, 2019V*-DOB VIOLATION - DISMISSED · C-CONSTRUCTION OTHER OPTIONAL

Recent HPD

  • Nov 18, 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...
  • Nov 18, 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 16, 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...
  • May 18, 2025Class A · § 27-2046.1 HMC: POST A PROPER NOTICE OF CARBON MONOXIDE DETECTING DEVICE REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, IN A COMMON AREA OF A CLASS A MULTIPLE DWELLING N...

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.