About This Home

This 7-bedroom, 4-bathroom multi-family at 618 E 2nd Street in Brooklyn, NY is listed for $2,450,000. Built in 1930, on a 0.07 acres lot.

Key Features

  • Built in 1930
  • 0.07 acre lot

Property Details

4 full
3-car garage
1930

Amenities

Hardwood
Listing Description

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!

Monthly Cost Estimate

$13,103/mo

20% down · 6.5% · 30 years

Principal$1,772
Interest$10,617
Insurance$715

Estimates only. Actual payments may vary.

Location

618 E 2nd Street

Brooklyn, NY 11218

Property Details

Flooring

WoodHardwoodTile

Construction

Block

Parking

GarageDriveway

Heating

Natural Gas

Cooling

Varies by Unit

Questions & Answers

This 7-bedroom, 4-bathroom multi-family at 618 E 2nd Street is listed at $2,450,000. The estimated monthly payment is $13,104 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.07 acre lot.

This property is listed by Barbara A. Mullaney.

BM

Barbara A. Mullaney

Agent at Coldwell Banker American Homes

Listed by Coldwell Banker American Homes · Broker phone: (800) 270-6318 · View on Broker Site · Broker website

MLS# 1023847· Source: OneKey MLS· 109 days on PropertySimple

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

618 E 2nd Street, Brooklyn, NY 11218

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