1918 8th Ave · New York, NY 11215

$1,699,000

12 bd · 6.0 ba · 5,628 sqft · MultiFamily public records · 478 Days on market

Built 1931 Fair condition 2,667 sqft lot $302/sqft · 58% below area

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Why this score? — see what drove the A- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Schools +5.1/10.0
• Rent growth +3.9/5.0
• Livability +3.8/5.0
• Condition / age +2.2/5.0

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 6 units. confirmed

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks

Net Income $116,232. Located in prime Park Slope, is a solid 6-family brick building featuring six spacious 2-bedroom, 1-bath apartments. Building size is 27' x 70' on a 27' x 100' lot, offering excellent layout and light throughout. A rare investment opportunity in one of Brooklyn’s most sought-after neighborhoods. Close to Prospect Park, subways, shopping, and dining. Whether you're expanding your portfolio or seeking a stable income-producing asset with upside potential, this property delivers on all fronts.

Key facts

• Light throughout
• Close to subways
• 2,667 sq ft lot

Tags

• 6-FAMILY BRICK BUILDING
• SPACIOUS 2-BEDROOM APARTMENTS
• LIGHT THROUGHOUT
• RARE INVESTMENT OPPORTUNITY
• CLOSE TO PROSPECT PARK
• CLOSE TO SUBWAYS

What this means for you Summary

Snapshot

• This is a 6 × 2-bed/1.0-bath units multifamily listed at $1.70M. Condition is rated fair.
• This rent per unit runs 35% of the median local income ($186k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Deal economics

• At list price, monthly cash flow is $14k ($173k/yr) — positive. Per door: $2k/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($32k rent vs $1.70M).
• Recommended offer: $1.50M (12.0% below list) — sets the bar for market timing.
• Cap rate 16.5% vs local median 2.6% in New York — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#268 in NY, #4,188 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A; Watch: crime F, cost of living F.
• Zoned schools: Magnet School of Math Science & Design Technology (math 72% / reading 87%, grade A, #188 of 2,108 statewide, top 11%, 829 students, 22% FRL); Ms 51 William Alexander (math 67% / reading 92%, grade A+, #32 of 729 statewide, top 5%, 1,026 students, 61% FRL); Midwood High School (math 94% / reading 96%, grade A+, #83 of 1,100 statewide, top 8%, 4,062 students, 73% FRL).
• Market conditions: Rents rising fast (+5.7%/yr); 436 active listings in the ZIP; high-income renter base; 10,063 units permitted in Kings County in 2024 (9,789 in 5+ unit buildings).

Forward outlook

• In year one you build about $182k of equity ($12k loan paydown + $170k appreciation (10.0% local appreciation)).
• Kings County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (10.0% appreciation + 5.7% rent growth), your $476k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$292k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 478 days — a 12% lower offer ($1.50M) is reasonable based on typical stale-listing flexibility.
• Current owner paid $190k; list at $1.70M implies a 794% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1931 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 62% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $1,495,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 478 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
5. Built in 1931 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
9. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.89% ✓
• Cap rate: 16.46%
• Cash-on-cash: 36.31%
• DSCR: 2.62
• GRM: 4.4

CMA / ARV

• ARV (median comp): $4,079,229
• List price: $1,699,000
• Delta: -58.35%
• Verdict: UNDERPRICED
• Comps: 6 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
352 63rd St	2.25mi	12/6.0	5,549 (-1%)	13mo	$1,380,000	$249	52
191 4th Ave	1.38mi	12/6.0	6,240 (+11%)	3mo	$3,750,000	$601	45
6001 5th Ave	2.04mi	10/5.0 (-2)	6,000 (+7%)	5mo	$2,450,000	$408	36
959 55th St	1.75mi	12/7.0	4,742 (-16%)	1mo	$2,600,000	$548	35
771 52nd St	1.58mi	11/7.0 (-1)	3,972 (-29%)	2mo	$1,230,000	$310	29
701 Franklin Ave	1.93mi	11/5.0 (-1)	5,880 (+4%)	23mo	$3,050,000	$519	29
729 59th St	1.93mi	11/7.0 (-1)	4,800 (-15%)	6mo	$1,400,000	$292	26
719 55th St	1.73mi	11/6.0 (-1)	4,374 (-22%)	14mo	$1,770,000	$405	23
6008 4th Ave	2.10mi	12/6.0	4,455 (-21%)	30mo	$1,350,000	$303	20
429 43rd St	1.25mi	11/8.5 (-1)	4,000 (-29%)	21mo	$2,225,000	$556	7
761 43rd St	1.14mi	14/4.0 (+2)	4,000 (-29%)	18mo	$2,220,000	$555	7
657 Westminster Rd	2.07mi	10/3.0 (-2)	3,999 (-29%)	19mo	$1,760,000	$440	4

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 5.67% rent growth · sell at horizon

5-year hold

• IRR: 53.9%
• Equity multiple: 5.06×
• Total profit: $1,930,975
• Equity at exit: $1,530,594

10-year hold

• IRR: 48.6%
• Equity multiple: 11.86×
• Total profit: $5,166,108
• Equity at exit: $3,300,783

Cash invested: $475,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City New York: 0 Strongly Tenant-Friendly · D+34

Rent Stabilization Code; HSTPA; 6+ months in housing court.

Methodology + full state rankings →

Active competition Active MLS

• For sale now: 1 active
• Median asking: $4,600,000 ($958/sqft)
• Median days on market: 182 d
• This list price: lowest-priced of the active set
• ARV vs active asking: -24.4% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 11215

• Home prices YoY: 2.7%
• Rents YoY: 5.7%
• Active inventory: 436
• Price-to-rent: 26.4×

Monthly cashflow live

• Estimated rent: $32,179 high
• Mortgage (P&I): −$8,910
• Tax from tax record: −$1,408 /mo · $16,899/yr
• Insurance: −$708
• HOA: −$0
• Vacancy / Maint / Mgmt: −$6,758
• Net cashflow: $14,395

6-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 6× units	2	1	$32,178
Total (6 units)			$32,179

Break-even live

Break-even rent $13,957

Max offer price $1,699,000

Occupancy floor 50%

Sensitivity live

Price	-10% $15,357	-5% $14,876	+0% $14,395	+5% $13,915	+10% $13,434
Rent	-10% $11,853	-5% $13,124	+0% $14,395	+5% $15,667	+10% $16,938
Rate	-1.0pp $15,251	-0.5pp $14,828	base $14,395	+0.5pp $13,955	+1.0pp $13,507

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $424,750
• Closing costs: $50,970
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1656 8th Ave Unit 2nd floor Brooklyn, NY	1.0	1.0	1200	$3,900	$3.25	165d	1	0.20mi
281 20th St Apt 2 Brooklyn, NY	3.0	1.0	1600	$5,000	$3.12	10d	1	0.36mi
200 Prospect Park W Apt 2R Brooklyn, NY	3.0	2.0	1500	$6,609	$4.41	10d	1	0.36mi
250 16th St Unit 1A Brooklyn, NY	2.0	1.5	—	$4,195	—	6d	1	0.39mi
603A 20th St Brooklyn, NY	2.0	1.0	—	$4,900	—	3d	1	0.40mi
603A 20th St Brooklyn, NY	2.0	1.0	1152	$4,900	$4.25	10d	1	0.40mi
428 7th Ave Brooklyn, NY	2.0	2.0	—	$6,495	—	7d	1	0.40mi
428 7th Ave Brooklyn, NY	3.0	2.0	—	$6,500	—	10d	1	0.40mi
279 Prospect Ave Unit 1D Brooklyn, NY	2.0	2.0	915	$5,995	$6.55	6d	1	0.41mi
200 16th St Unit 1D Brooklyn, NY	1.0	1.0	—	$3,500	—	115d	1	0.46mi
1207 8th Ave Apt 1R Brooklyn, NY	1.0	1.0	—	$4,745	—	3d	1	0.47mi
369 7th Ave Brooklyn, NY	2.0	1.0	—	$5,395	—	7d	1	0.55mi
194 21st St Brooklyn, NY	3.0	2.0	—	$7,250	—	0d	1	0.56mi
194 21st St Apt 5A Brooklyn, NY	3.0	2.0	—	$7,250	—	3d	1	0.56mi
460 11th St Unit 1 Brooklyn, NY	2.0	2.0	—	$5,450	—	6d	1	0.57mi
561 4th Ave Brooklyn, NY	3.0	2.0	—	$5,000	—	10d	1	0.63mi
170 17th St Brooklyn, NY	1.0	2.0	650	$6,190	$9.52	7d	1	0.65mi
170 17th St Brooklyn, NY	1.0	1.0	650	$5,490	$8.45	10d	1	0.65mi
271 12th St Brooklyn, NY	1.0	1.5	—	$4,995	—	6d	1	0.69mi
132 17th St Unit 5 Brooklyn, NY	3.0	1.0	850	$2,700	$3.18	165d	1	0.72mi
566 7th St Unit 16L Brooklyn, NY	3.0	1.0	1000	$5,000	$5.00	10d	1	0.73mi
566 7th St Unit 16L Brooklyn, NY	3.0	1.0	1000	$5,000	$5.00	80d	1	0.73mi
336 10th St Brooklyn, NY	1.0	2.0	—	$6,695	—	10d	1	0.76mi
475 4th Ave Brooklyn, NY	2.0	1.0	—	$4,195	—	10d	1	0.77mi
410 7th St Brooklyn, NY	2.0	1.0	—	$6,000	—	10d	1	0.77mi
341 10th St Unit 4C Brooklyn, NY	3.0	1.0	—	$4,250	—	10d	1	0.78mi
3322 12th Ave Brooklyn, NY	2.0	1.0	—	$3,100	—	165d	1	0.88mi
22 Tehama St Unit 2 Fl Brooklyn, NY	2.0	1.0	700	$2,980	$4.26	165d	1	0.93mi
22 Tehama St Unit 1 Brooklyn, NY	3.0	1.5	2800	$4,500	$1.61	86d	1	0.93mi
102 Dahill Rd Brooklyn, NY	2.0	1.0	—	$2,600	—	116d	1	0.95mi
87 Tehama St Brooklyn, NY	3.0	1.0	—	$3,500	—	165d	1	0.98mi
380 4th Ave Apt 10A Brooklyn, NY	1.0	1.0	—	$4,650	—	2d	1	1.03mi
343 4th Ave Unit 10E Brooklyn, NY	1.0	1.0	762	$4,150	$5.45	10d	1	1.04mi
168 7th Ave Brooklyn, NY	2.0	1.0	—	$4,600	—	0d	1	1.06mi
85 Louisa St Unit 1 Brooklyn, NY	3.0	1.0	2560	$3,700	$1.45	37d	1	1.08mi
743 Church Ave Unit 2E Brooklyn, NY	2.0	1.0	—	$3,000	—	146d	1	1.10mi
743 Church Ave Brooklyn, NY	2.0	1.0	—	$3,000	—	165d	1	1.10mi
207 Ocean Pkwy Brooklyn, NY	1.0	1.0	—	$4,500	—	1d	2	1.11mi
350 E 5th St Brooklyn, NY	3.0	2.0	—	$4,500	—	102d	1	1.12mi
415 Beverley Rd Unit 4U Brooklyn, NY	2.0	1.0	—	$1,902	—	23d	1	1.14mi

Property features AI

Finance

• Other: Zoning: M1-1Six-unit multi-family buildingUnit rents: current/estimated — Unit 1: $2,000 (leased); Unit 2: $2,500 (leased); Unit 3: $1,500 (leased); Unit 4: $1,500 (leased); Unit 5: projected $2,900; Unit 6: $2,400 (leased)
• Financial info: Financing available: bank mortgage or cashUtility expense indicated (approximate): $700

Exterior

• Parking: No dedicated parking
• Utilities: 110V electricGas hot waterGas heating (hot water delivery)
• Home design: Attached buildingResidential propertyFlat roofPoured concrete foundation
• Construction: Brick exterior/constructionBuilding footprint approximately 1,890 sq ftBuilding dimensions about 70.00 x 27.00
• Exterior features: Back yard

Interior

• Kitchen: RefrigeratorStove
• Bedrooms: Six 2-bedroom units (units on floors 1–3)
• Flooring: Hardwood floorsTile floorsOther flooring (see remarks)
• Bathrooms: Six full bathrooms (one in each unit)
• Heating & cooling: Gas-fired hot water heatTwo air-conditioning units
• Interior features: RefrigeratorStoveOther built-in featuresTwo AC unitsFull basement
• Laundry & utility: Utility expense listed (approximate): $700

Listing history 50 events

1. 2026-11-08
   days on market $1,699,000 Active 478 DOM
2. 2026-11-07
   days on market $1,699,000 Active 477 DOM
3. 2026-11-07
   remarks 516-char remark
4. 2026-11-06
   days on market $1,699,000 Active 476 DOM
5. 2026-11-05
   days on market $1,699,000 Active 475 DOM
6. 2026-11-04
   days on market $1,699,000 Active 474 DOM
7. 2026-11-02
   days on market $1,699,000 Active 472 DOM
8. 2026-11-01
   days on market $1,699,000 Active 471 DOM
9. 2026-10-31
   days on market $1,699,000 Active 470 DOM
10. 2026-10-30
    days on market $1,699,000 Active 469 DOM
11. 2026-10-29
    days on market $1,699,000 Active 468 DOM
12. 2026-10-28
    days on market $1,699,000 Active 467 DOM
13. 2026-10-27
    days on market $1,699,000 Active 466 DOM
14. 2026-10-26
    days on market $1,699,000 Active 465 DOM
15. 2026-10-25
    days on market $1,699,000 Active 464 DOM
16. 2026-10-24
    days on market $1,699,000 Active 463 DOM
17. 2026-10-23
    days on market $1,699,000 Active 462 DOM
18. 2026-10-22
    days on market $1,699,000 Active 461 DOM
19. 2026-10-21
    days on market $1,699,000 Active 460 DOM
20. 2026-10-20
    days on market $1,699,000 Active 459 DOM
21. 2026-10-19
    days on market $1,699,000 Active 458 DOM
22. 2026-10-18
    days on market $1,699,000 Active 457 DOM
23. 2026-10-17
    days on market $1,699,000 Active 456 DOM
24. 2026-10-16
    days on market $1,699,000 Active 455 DOM
25. 2026-10-15
    days on market $1,699,000 Active 454 DOM
26. 2026-10-13
    days on market $1,699,000 Active 452 DOM
27. 2026-10-12
    days on market $1,699,000 Active 451 DOM
28. 2026-10-11
    days on market $1,699,000 Active 450 DOM
29. 2026-10-10
    days on market $1,699,000 Active 449 DOM
30. 2026-10-09
    days on market $1,699,000 Active 448 DOM
31. 2026-10-08
    days on market $1,699,000 Active 446 DOM
32. 2026-10-06
    days on market $1,699,000 Active 445 DOM
33. 2026-10-04
    days on market $1,699,000 Active 443 DOM
34. 2026-10-03
    days on market $1,699,000 Active 442 DOM
35. 2026-10-02
    days on market $1,699,000 Active 441 DOM
36. 2026-10-01
    days on market $1,699,000 Active 440 DOM
37. 2026-09-30
    days on market $1,699,000 Active 439 DOM
38. 2026-09-29
    days on market $1,699,000 Active 438 DOM
39. 2026-09-28
    days on market $1,699,000 Active 437 DOM
40. 2026-09-25
    days on market $1,699,000 Active 434 DOM
41. 2026-09-22
    days on market $1,699,000 Active 431 DOM
42. 2026-09-21
    days on market $1,699,000 Active 430 DOM
43. 2026-09-18
    days on market $1,699,000 Active 427 DOM
44. 2026-09-17
    days on market $1,699,000 Active 426 DOM
45. 2026-09-16
    days on market $1,699,000 Active 425 DOM
46. 2026-09-15
    days on market $1,699,000 Active 424 DOM
47. 2026-09-14
    days on market $1,699,000 Active 423 DOM
48. 2026-09-13
    days on market $1,699,000 Active 422 DOM
49. 2026-09-12
    days on market $1,699,000 Active 421 DOM
50. 2026-09-06
    days on market $1,699,000 Active 414 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $16,899 · $1,408/mo
• Projected year-2 tax: $22,806 · $1,901/mo
• Expected delta: +$5,907/yr (+$492/mo · 35.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥99°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 62% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $386,148
• − Mortgage interest: −$95,170
• − Property taxes: −$16,899
• − Insurance: −$8,495
• − Repairs & maintenance: −$30,892
• − Management: −$30,892
• − Depreciation: −$49,425
• Taxable income: $154,374
• Est. tax owed @ 24.0%: −$37,050
• After-tax cash flow: $135,696/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 10 photos

Fair 45/100 Moderate rehab Est. rehab $140,700–$253,260 screening

This 6-family brick building in Park Slope requires significant updates to its kitchens, bathrooms, roof, and HVAC system. Improvements in these areas will significantly increase its resale and rental value.

Components & finishes AI

Roof flat membrane

Deferred maintenance Est. $20,000–$60,000 screening

• Major Roof (roof) — Signs of significant wear and potential damage
• Major Plumbing (plumbing) — Exposed pipes and visible signs of deterioration

Repairs flagged

• Major Kitchen cabinets — The cabinets are old and in poor condition, requiring replacement.
• Major Bathroom fixtures — The bathrooms are basic and lack modern fixtures, requiring replacement.
• Major Roof — The roof appears old and may need replacement, as indicated by the satellite image.
• Major Flooring — The flooring in the common areas is carpeted and in need of replacement.
• Major Paint — The interior walls show signs of wear and discoloration, requiring repainting.
• Major HVAC system — The HVAC system appears old and may need replacement.

Value-add opportunities

• Resale Modernizing the kitchen and bathrooms — Updating the kitchen and bathrooms will attract more buyers and increase the property's value. ↑
• Both Re-roofing and replacing HVAC system — These updates will improve the property's condition and increase its value for both resale and rental. ↑
• Both Landscaping and curb appeal improvements — Enhancing the exterior will make the property more appealing and increase its value for both resale and rental. ↑

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 51/100

Zoned Schools

Elementary Magnet School Of Math Science & Design Technology A NY #188/2,108 Nat'l #1,230/41,679 Middle Ms 247 Dual Language Middle School F NY #602/729 Nat'l #10,442/14,009 High International High School At Lafayette D NY #974/1,100 Nat'l #5,677/17,239

Schools (NCES district)

No district data.

B Composite livability gradescore 75/100

Livability — New York

• Score: 75/100
• State rank: #268
• US rank: #4188

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A- Housing C+ Health & safety A User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New York, NY
• County: Kings County · 2,847,441 people
• City population: 7,731,280
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 70,441
• Household income: $185,865
• Rent vs Own: 57.7% rent · 42.3% own
• Severe rent burden: 8% of renters

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Population outlook (Kings County) Hauer SSP2

• Today (2025): 2,847,441 people
• By 2030: 2,937,006 · +3.1%
• By 2040: 3,095,491 · +8.7%
• By 2050: 3,228,968 · +13.4%
• By 2075: 3,321,723 · +16.7%
• By 2100: 3,111,387 · +9.3%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (67%)
• Race & ethnicity: White 67% Hispanic / Latino 15% Two or more races 11% Asian 9% Black 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 3%
• Languages at home: 76% English-only · Spanish 9% Other Indo-European 4% Chinese 2%

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Political lean MEDSL · Kings

• 2024 margin: Solid D (+44.0) · D 72.0% · R 28.0%
• 2008→2024 swing: -15.5pp toward R · 2008: 59.4pp · 2024: 44.0pp
• All cycles: 2024: D+44.0 2020: D+54.8 2016: D+61.8 2012: D+63.9 2008: D+59.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 11.03%
• Current HPI: 417.4151
• Rent YoY: ▲ 5.67%
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

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Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Property features AI

Finance

• Other: Zoning: M1-1Six-unit multi-family buildingUnit rents: current/estimated — Unit 1: $2,000 (leased); Unit 2: $2,500 (leased); Unit 3: $1,500 (leased); Unit 4: $1,500 (leased); Unit 5: projected $2,900; Unit 6: $2,400 (leased)
• Financial info: Financing available: bank mortgage or cashUtility expense indicated (approximate): $700

Exterior

• Parking: No dedicated parking
• Utilities: 110V electricGas hot waterGas heating (hot water delivery)
• Home design: Attached buildingResidential propertyFlat roofPoured concrete foundation
• Construction: Brick exterior/constructionBuilding footprint approximately 1,890 sq ftBuilding dimensions about 70.00 x 27.00
• Exterior features: Back yard

Interior

• Kitchen: RefrigeratorStove
• Bedrooms: Six 2-bedroom units (units on floors 1–3)
• Flooring: Hardwood floorsTile floorsOther flooring (see remarks)
• Bathrooms: Six full bathrooms (one in each unit)
• Heating & cooling: Gas-fired hot water heatTwo air-conditioning units
• Interior features: RefrigeratorStoveOther built-in featuresTwo AC unitsFull basement
• Laundry & utility: Utility expense listed (approximate): $700

Price history

+865.8% since first listed

2 events — show timeline

• 2025-07-18 Listed $1,835,000 BNYMLS
• 1998-01-14 Sold (Public Records) $190,000 Public Records

Property tax history

+4.9%/yr

Latest (2025): $16,899 · -1.0% YoY. Source: county tax records.