Marcus & Millichap - Tri Borough Multi-Family

207 18th Street

207 18th Street
South Slope, Brooklyn
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Price: $3,300,000
Building Size: 9,100 Square Feet
Property Type: Apartment Building
Exclusive Listing Team:
Description:

Investment Overview

Marcus & Millichap is pleased to offer 207 18th Street located between 4th Avenue and 5th Avenue in the South Slope section of Brooklyn, New York.

The subject property, 207 18th Street is a four-story mixed-use building that consists of 6 two-bedrooms and two 3-bedrooms with private gardens . The property is built 35 feet x 65 feet with approximately 9,100 gross square feet. The property is zoned R6B (Block: 00631, Lot: 0067)

This property offers investors the rare opportunity to purchase a 35-foot wide, protected tax class, eight unit apartment building with five renovated apartments in the South Slope section of Brooklyn, NY

Investment Highlights

  • South Slope 35 Foot Wide Eight Unit Apartment Building
  • Only Seven Subway Stops into Manhattan | Two Blocks to Subway Line
  • Protected Tax Class 2B
  • Four Free Market Apartments | Four Rent Regulated Apartments
  • Renovated Apartments with Luxury Finishes
  • Large Two & Three Bedroom Apartments
  • Building in Good Condition
  • Proximity to 5th, 7th & Prospect Avenues Retail Corridors
  • Proximity to Prospect Park