Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1018 New York Avenue

For Sale · Listing by Corcoran Group

1018 New York Avenue

Flatbush, Brooklyn

$825,000

Interested in this property?
Active For Sale Multi Family

$825,000

$118 per sq ft

1018 New York Avenue

Flatbush, Brooklyn

MLS® #RLS20106535

RLS at REBNY

Listing by Corcoran Group

12
Bedrooms
6
Baths
7,000
Sq. Ft.
1931
Year Built

Quick Summary

Bedrooms 12
Bathrooms 6
Living Area 7,000 sq ft
Lot Size 2,500 sq ft
Year Built 1931
Ownership None
Property Taxes $18,852/yr
Neighborhood Flatbush
Floor 1 of 3

Property Highlights

  • Style: ArtDeco architecture
  • Character: Pre-war building (1931)

Property Details

Type Multi Family
Ownership None
Total Rooms 24
Baths 6 Full
Floor 1 of 3
Pets Yes
Year Built 1931
Living Area 7,000 sq ft
Architectural Style ArtDeco
Structure Type MultiFamily
Furnished Unfurnished
Basement Full
Lot Size 2,500 sq ft
Parcel # 04903-0015
Block/Lot 04903/0015

Listing History

Event Date Price Change
Listed Jul 30, 2026 $825,000 -
Currently Jul 30, 2026 $825,000 -

Description

A unique opportunity to own an investment in Prime East Flatbush. This six-unit investment property has one vacant unit. This fully occupied six-family has a cap rate slightly below 5.5%. Located four short blocks from the 2/5 train on Church Avenue, which is 30 minutes to Manhattan.

Features & Amenities

Interior Features

High Ceilings See Remarks

Exterior Features

Private Outdoor Space Over60 Sqft

Building Information

Building Data View Compliance & Permits
Total Units 6
Stories 3
Structure MultiFamily
Style ArtDeco

Financial Details

RE Taxes $18,852/yr ($1,571/mo)

Flatbush features one of Brooklyn's most varied housing stocks, including grand detached Victorians along Ocean Avenue, limestone and brownstone rowhouses, prewar apartment buildings, and brick townhomes within landmarked districts like Prospect Park South and Ditmas Park. The Q, 2, and 5 trains connect the neighborhood to Manhattan, while Prospect Park's 526 acres of green space border the northern edge. The restored Kings Theatre, a 1920s-era landmark performance venue, and Erasmus Hall High School, founded in 1786, are among the area's most notable architectural features.

Flatbush Live Market Data

View Neighborhood

Active Listings

41

Median Asking Price

$529K

Median $/Sqft

$735

Avg Days on Market

N/A

New This Week

1

Price Reduced

46%

Sold (30 Days)

1

Median Sale Price

$585K

Live data from RLS at REBNY • Updated 7/30/26, 4:32 PM EST

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Location

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1018 New York Avenue, Flatbush, Kings County

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
3
Floors
6
Residential Units
R6
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $540,000
Land Value: $5,400
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,519 SF
Building Area: 5,250 SF
Built FAR: 2.08
Allowed FAR: 2.43

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $18,852, or roughly $1,571 per month. Verify the current assessment with your attorney before closing.

This property has 12 bedrooms and 6 full bathrooms.

The listed interior living area is 7,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1931, making it approximately 95 years old.

This listing is None

Pet policy requires confirmation with Milton Coste.

At the current list price of $825,000 for 7,000 sq ft, the asking price per square foot is approximately $118. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20106535
First Listed: 7/30/2026
On Market: 7/30/2026
Contract Date: 7/30/2026

Listing Courtesy of Corcoran Group - Hakim D Edwards

Listing Contact: (347) 489-2247

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 7/30/2026 at 8:32 PM UTC

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Flatbush Market Update

1 sale last 30 days · $529K median · 41 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood Flatbush Borough Brooklyn
County Kings
Floor 1 of 3
Year Built 1931
First Listed 7/30/2026
Style ArtDeco
Living Area 7,000 sqft
Annual Tax $18,852

Monthly Costs Estimate

Down Payment 20%

$165,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $1,571
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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