18 Monitor Street, Brooklyn, NY 11222
- $16,000,000
- List Price
- $16,000,000
- Price Change
- ▼ $3,000,000 1769819585
- Days on Market
- 212
- MLS#
- 946730
- Status
- ACTIVE
- Property Type
- Multi Family
- Year Built
- 2023
- Property Tax
- $4,597
Property Description
Newly built 5-story, 13-unit luxury rental building on the Greenpoint/Williamsburg border. Completed in 2023, this boutique elevator property features 7 one-bedroom and 6 two-bedroom residences (5 affordable). Each apartment includes an in-unit washer/dryer, individual split heating & cooling systems, sleek modern finishes, audio-video intercom, and many units offer private outdoor space. Amenities include a fitness center, landscaped common courtyard, rooftop with skyline views, bike storage, and a private garage with 8 designated parking spaces. The property benefits from a 421-A tax abatement with approximately 34 years remaining, providing excellent long-term tax savings and investment stability. Prime Brooklyn location near the L subway, major highways, waterfront parks, cafés, restaurants, and shopping. Ideal for a 1031 exchange or investors seeking a high-quality, income-producing asset in a strong rental market.
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Additional Information
- Acres
- 0.11
- Parking
- Garage
- Basement
- Finished, Full
- Heating
- Baseboard, Electric
- Cooling
- Ductless
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: George T. Spyridakis (georgespyridakis@danielgale.com) from Listing Office: Daniel Gale Sothebys Intl Rlty.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . 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.