Patrick Casilli - John J Lease Realtors Logo
$16,000,000
( $1066.95Per Sq Foot )
 $85,891 est/mo Sourced by Back At You

18 Monitor Street,Brooklyn, NY 11222

Brooklyn, NY 11222

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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.

Details

MLS #946730
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year2023
Days On Site235
Listing Provided ByDaniel Gale Sothebys Intl Rlty | George T. Spyridakis

Features

SQ Feet14,996
BasementY
Units13
ZoningR6B
Acreage0.11

Interior

CoolingDuctless
HeatingBaseboard, Electric

Exterior

Construction MaterialsOther
Foundation DetailsOther

Parking

Parking FeaturesGarage

Utilities

UtilitiesCable Connected, Electricity Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value1386202
Tax Annual Amount4597.48

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11222
Listing VS Median (in 11222)
Price:
$16,000,000
low | high
Med:
$2,250,000
100% of Average
sqft:
14,996
low | high
Med:
4,125
100% of Average
$ / sqft:
$1,067
low | high
Med:
$545
98.877272727273% of Average
On site:
235
low | high
Med:
67
100% of Average
Sourced by Back At You

Market Activity 11222

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Additional Information

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Learn More About This Property

Patrick Casilli

Patrick Casilli

John J Lease REALTORS

 (845) 542-2286patcasilli@johnjleaserealtors.com
StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11222
Listing VS Median (in 11222)
Price:
$16,000,000
low | high
Med:
$2,250,000
100% of Average
sqft:
14,996
low | high
Med:
4,125
100% of Average
$ / sqft:
$1,067
low | high
Med:
$545
98.877272727273% of Average
On site:
235
low | high
Med:
67
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $12M - $20M
sqft: 11,000 - 18,500
Nearby Listings Property ImageNearby Listings Details
300 Kingsland Avenue Property Photo 1
$7,390,000
300 Kingsland Avenue
Brooklyn, NY 11222
Listing Updated: June 23, 2026 at 9:37:51 AM PDT

Patrick Casilli - John J Lease Realtors