
$19,000,000 USD
Commercial for Sale, 18 Monitor Street, New York, New York 11222
- MLS#946730
Listed By Daniel Gale Sothebys Intl Rlty
The Commercial Property for Sale located at 18 Monitor Street, New York, New York 11222 is currently for sale. 18 Monitor Street, New York, New York 11222 is listed for $19,000,000.
Property features
Property
- Features: GarageElevatorsBasement
Lot/Land
- Land/Lot size:
465 m² (5,000 ft²)
Construction
- Year built: 2023
- Basement and foundation: Finished Basement
Heating and Cooling
- Heating system: Electric
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.
Location
18 Monitor Street, New York, New York 11222