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618 E 2nd Street, Brooklyn NY 11218
618 E 2nd Street, Brooklyn NY 11218
New York>Brooklyn>Kensington

618 E 2nd StreetBrooklyn, NY 11218

For Sale

$2,450,000

Smart Buyer Rebate $30,625

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!

Listed by Barbara A. Mullaney

·

Coldwell Banker American Homes

·

516-665-2000

Listed by Alison Clements

·

Coldwell Banker American Homes

Last updated July 21, 2026

·

Source: OneKey #1023847

Listing Facts

  • TypeMulti-family
  • NeighborhoodKensington
  • Bedrooms7
  • Bathrooms4
  • Days on Prevu11
  • Taxes$17,215/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

07/20/2026
Listed by Coldwell Banker American Homes
$2,450,000

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$30,625
Title Insurance
$11,025
Bank Attorney
$1,500
Mortgage Recording Tax
$37,730
Other Closing Costs
$4,000
Total
$88,880

Estimated closing costs are based on the list price of $2,450,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 618 E 2nd Street

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Property Condition: Actual
  • Year Built: 1930
  • Construction Materials: Block

Features

  • Other Structures: Garage(s)

Measurements

  • Building Area Total: 3,120
  • Building Area Units: Square Feet
  • Lot Features: Back Yard, Near Public Transit, Near School, Near Shops, Stone/Brick Wall
  • Lot Size Acres: 0.07
  • Lot Size Dimensions: 25,125
  • Lot Size Square Feet: 3,063

Financial

Taxes

  • Parcel Number: 05385-0044
  • Tax Annual Amount: $17,215.00
  • Tax Assessed Value: $331,200.00
  • Tax Year: 2026

Interior

Features

  • Flooring: Hardwood, Tile, Wood
  • Interior Features: Other

Rooms

  • Basement: Full, Storage Space
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7

Other

Location

  • Tax Block: 5385
  • Tax Lot: 44

Parking

Parking

  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Driveway, Garage

Schools

Elementary School

  • Elementary School: Ps 179 Kensington
  • Elementary School District: Brooklyn 20

High School

  • High School: Franklin Delano Roosevelt High School
  • High School District: Brooklyn 20

Middle or Junior School

  • Middle Or Junior School: Jhs 223 Montauk (The)
  • Middle Or Junior School District: Brooklyn 20

Utilities

Equipment

  • Cooling: Varies By Unit
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 7 bedrooms and 4 bathrooms in this multi-family home at 618 E 2nd Street.

What schools are nearby to 618 E 2nd Street?

Nearby schools include the Ps 179 Kensington Elementary School, Jhs 223 Montauk (The) Middle School, and Franklin Delano Roosevelt High School.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 618 E 2nd Street.

What are the annual taxes for 618 E 2nd Street?

Annual taxes for this multi-family home are estimated at $17,215.

How does 618 E 2nd Street compare to other multi-family homes in Kensington?

This multi-family home is listed 6% above the average price for multi-family homes in Kensington and has been on the market for 96 less days than the typical home in this area.

618 E 2nd Street is a 7-bedroom, 4-bath multi-family home for sale in Brooklyn NY 11218. On Prevu for 11 days at $2,450,000. This property is located in Kensington. The median listing price for multi-family homes in this area is $774,500. Nearby schools include Ps 179 Kensington Elementary School, Jhs 223 Montauk (The) Middle School, and Franklin Delano Roosevelt High School. Additional amenities include parking. Browse more multi-family home listings in Brooklyn.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.