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7 Beds
4 Baths
3,120 sqft

$2,450,000

618 E 2nd Street, Brooklyn NY, 11218

Price per sqft$785.26
Built in1930
Property size3,120 sqft
Property typeMulti-family
Courtesy of Coldwell Banker American Homes, Barbara A. Mullaney Listing Contact: 516-665-2000

Overview

Pending

Listed Jul 20, 2026

Updated 3 weeks ago

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!

$16,300/mo

Est. mortgage payment based on a $2,450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1023847

Interior Features

Bedrooms
7
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.07 Acres

Other Property Details

Taxes
$17,215
Tax Frequency
Annually
Garage
Yes

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Michelle Norris shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 5:54 AM UTC on 9/16/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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OneKey MLS. All rights reserved.

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