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$16,000,000
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Property 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.
Full Property Details
Full Property Details for 18 Monitor St
General
- Price: $16,000,000
- Taxes: $4,597
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 946730
- Updated: 1/30/2026
- Added to Site: 67 day(s) ago
Parking
- Parking Features: Garage
Location
- County: Kings (Brooklyn)
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Other
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Building Size: 14996
- Square Feet: 14,996
- Year Built: 2023
Lot Features
- Lot Size (Acres): 0.1148
- Lot Size (Sq. Ft.): 5,000
- Zoning: R6B
Financial Considerations
- Tax Amount: $4,597.48
Disclosures and Reports
- Special Conditions: None
- Property ID: 02833-0033
Listed by Daniel Gale Sothebys Intl Rlty
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Schools
Schools serving 18 Monitor St
School District:New York City Geographic School District 14
| Name | Grades | Distance |
|---|---|---|
Ps 110 The Monitor 124 Monitor Street, Brooklyn, NY 11222 | K-6 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18 Monitor St
Date
Details
Price
Change
Source
1/30/2026
Price Reduced
$16,000,000
-15.79%
MLS
12/29/2025
Listed
$19,000,000
815.66%
MLS
3/22/2018
Sold
$2,075,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 18 Monitor St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$173,275
112%
$1,386,202
108%
2024
$81,843
14%
$667,350
10%
2023
$71,714
131%
$608,400
99%
2022
$31,032
519%
$305,145
239%
2021
$5,013
27%
$90,000
-28%
2020
$3,943
1%
$125,280
26%
2019
$3,912
28%
$99,600
471%
2017
$3,053
—
$17,434
6%
2017
$3,053
9%
$16,449
6%
2016
$2,794
2%
$15,525
—
2015
$2,727
10%
$15,525
1%
2014
$2,489
13%
$15,400
6%
2013
$2,203
—
$14,529
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 18 Monitor St
18 Monitor Street, Brooklyn, NY 11222 (MLS# 946730) is a Commercial property. 18 Monitor Street is currently listed for $16,000,000 and was received on December 29, 2025. Want to learn more about 18 Monitor Street? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

