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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.

Features
Heating System:
Electric, Baseboard
Cooling System:
Ductless
Basement:
Finished, Full
Parking Features:
Garage
Sewer:
Public Sewer
Utilities:
Trash Collection Public, Electricity Connected, Cable Connected, Water Connected, Sewer Connected, Phone Connected
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Property and Construction
Development Status:
Other
Agent MlsId:
199403
Office MlsId:
GALE32
Number Of Units:
13
Special Listing Conditions:
No
Tax Annual Amount:
$4,597
Water Source:
Public
Zoning:
R6B
PhotosCount:
24

Commercial Sale For Sale

18 Monitor Street, New York, NY

5,000 Acre
$19,000,000
Listing ID #946730
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
946730
Price :
$19,000,000
Bathrooms Total :
0
Building Area :
14,996 Sqft
Lot Area :
5,000 Acre
Year Built :
2023
Status :
Active
Status :
Active
Listing Office :
Daniel Gale Sothebys Intl Rlty
Listing Agent :
George T. Spyridakis
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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