618 E 2nd St

Brooklyn, NY 11218
  • $2,450,000

    Price
  • 7

    Bed
  • 4

    Bath
  • 0.07

    Acre

About the Listing BRMN14 - 113610,193777,8888

Welcome to a fantastic, income-generating multi-family property in the heart of highly sought-after Kensington, Brooklyn! This solid brick four-family home offers the ultimate flexibility: keep it as a fully cash-flowing addition to your portfolio, or move into the vacant unit and let the other tenants pay your mortgage. The Residences Unit #1 (Front - 2 BR / 1 BA | 940 Sq. Ft.): DELIVERED VACANT! Perfect for an owner-occupant or a high-rent lease. Freshly updated and painted. Unit #2 (Rear - 1 BR / 1 BA | 620 Sq. Ft.): Cozy layout with wood flooring, currently occupied. Unit #3 (Front - 2 BR / 1 BA | 780 Sq. Ft.): Jan 2025 Updated kitchen & full bath, wood flooring. Unit #4 (Rear - 2 BR / 1 BA | 780 Sq. Ft.): Updated kitchen & full bath, wood flooring, new lighting, new electric panel and spray foam insulation. Key Capital Improvements: Brand New Roof (2024): Newly installed on both the main house and the detached garages, Exterior brick repointed, Fresh Paint: Freshly painted brick exterior on north side of the house, New hot 75 gallon hot water heater (2026). Passive Income: includes a detached 3-bay garage structure. Currently rented to a long-term tenant. Can be delivered vacant. Massive Basement features a large storage area and a separate utility/mechanical area—perfect for tenant storage or property management use. Situated on a quiet residential block in Kensington, you are just moments away from local cafes, diverse dining, shopping, and excellent transit options (F & G trains) for a quick, seamless commute into Manhattan or other parts of Brooklyn. An incredible asset with massive appreciation potential, and major capital improvements already complete. Schedule your tour today!

Listing Highlights for 618 E 2nd St

Status Pending
Days on Site 73
Property Type Multi-Family
MLS ® 1023847
Year Built 1930
Lot/Acreage 0.07
School District Brooklyn 20
Elementary School Ps 179 Kensington
Middle School Jhs 223 Montauk (The)

Interior Details

  • Bedrooms: 7
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond: Varies by Unit
  • Heating: Natural Gas
  • Fireplaces:
  • Floor: Hardwood,Tile,Wood
  • Basement: Full,Storage Space
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Back Yard,Near Public Transit,Near School,Near Shops,Stone/Brick Wall,No Waterfront
  • Garage Capacity: 3 car
  • Lot Dimensions: 25 X 125
  • Roof:
  • Others: Actual
  • Sewer: Public Sewer
  • Parking Features: Driveway,Garage

Financial Details

  • Tax Amount: $17,215
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 05385-0044
  • Tax Year: N/A

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Listing Location

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618 E 2nd St Brooklyn, NY 11218

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