$1,950,000

2518 W 1st St Brooklyn, NY 11223

$10,000
Closing credit¹
7 beds
4 full
1,000 sqft
$1,950 / sqft
Multi-Family

Property details

About 2518 W 1st St

A three-family home situated in a highly desirable neighborhood. This 30x100 property boasts a spacious layout, featuring a three-bedroom unit on the first floor and two apartments on the second floor—one with two bedrooms and the other with one bedroom. The home comes with the added convenience of a two-car garage, providing ample parking and storage. Perfect for investors or those seeking multi-generational living, this property will be delivered vacant, ready for immediate occupancy or customization. Don’t miss the opportunity to own this versatile and well-located gem! MLS Approve-No financial provided due to the property being vacant

Highlights

Home typeMulti Family
HeatingHeat Pump, Natural Gas
StatusActive
CoolingWindow Unit(s)
Size1,000 sqft
BasementYes
Year built1950
Parking2 Spaces, Other
MLS #491078
Garage2 spaces
FireplaceStove

Summary

  • Full Bathrooms: 4
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Fireplace: Stove
  • Total Bedroom Count: 7
  • Garage Space: 2 spaces
  • Parking: 2 Spaces, Other
  • Heating: Heat Pump, Natural Gas
  • Cooling: Window Unit(s)
  • List Price: $1,950,000
  • Price/SqFt: $1,950
  • Annual Tax Amount: $10,103
  • Tax Year: 2024
  • Year Built: 1950
  • Stories: 2
  • Living Area: 1,000 SqFt
  • MLS Number: 491078
  • Office Name: Century 21 MK Realty

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Last updated on: 6/8/2025, 5:45:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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2518 W 1st St, Brooklyn, NY 11223 - view of front facade with brick siding

$1,950,000

2518 W 1st St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 16, 2017
Home Sold
$1,150,000
May 02, 2000
Home Sold
$385,000

Tax history

YearAssessmentProperty Tax
2024$75,360$10,103
2023$66,060$9,535
2021$51,480$18,851
2019$62,400$9,404
2018$39,563$7,608
2017$37,324$7,461

History based on county public records data.

Nearby schools

6

P.S. 216 Arturo Toscanini School

Public District PK-5

0.2 mi

350 Avenue X

6

P.S. 100 Coney Island School

Public District KG-5

0.7 mi

2951 W 3rd St

8

P.S. 253 Brooklyn

Public Magnet KG-5

0.7 mi

601 Ocean View Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,906. Most Brooklyn, NY residents have annual incomes less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

42%
<35k
37%
35k-100k
20%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

47%
Single, No Kids
3%
Single, with Kids
36%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
5%
12-17 yrs old
19%
18-34 yrs old
47%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Men's TennisMen's Tennis
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory
  • Boston MarketBoston Market

What do the neighbors drive?

  • AudiAudi
  • VolvoVolvo
  • MercedesMercedes

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2518 W 1st St

The listing price of 2518 W 1st St property is $1,950,000.

The property 2518 W 1st St is a multi located in Brooklyn, New York, 11223.

Active Listing: 2518 W 1st St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2518 W 1st St are: P.S. 216 Arturo Toscanini School (GreatSchools Rating 6/10), P.S. 100 Coney Island School (GreatSchools Rating 6/10), P.S. 253 Brooklyn (GreatSchools Rating 8/10), I.S. 303 Herbert S. Eisenberg (GreatSchools Rating 4/10), P.S. 209 Margaret Mead School (GreatSchools Rating 6/10), P.S. 95 Gravesend School (GreatSchools Rating 7/10), Rachel Carson High School for Coastal Studies (GreatSchools Rating 5/10), Coney Island Preparatory Public Charter School (GreatSchools Rating 5/10), Abraham Lincoln High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $10,103 (source: MLS/based on county public records data).

The last sale was on October 16, 2017 for $1,150,000 (source: MLS/tax record).

The property 2518 W 1st St is 1,000 SqFt (source: MLS/tax record).

The year of construction for 2518 W 1st St is 1950.

This home is located at 2518 W 1st St in Brooklyn, NY and zip code 11223 in the Gravesend neighborhood. This 1,000 square foot home was built in 1950. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $1,950,000.

In May 2025, from all listings sold in Brooklyn, NY there were more than 37 sold above asking price, over 172 sold below and more than 227 were sold right at the asked price. The number of listings in Brooklyn, NY increased by 0.2% between April and May 2025. Listings spent 118 days on the market in May 2025, and had a median list price of $992,262 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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