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14,996 sqft

$16,000,000

18 Monitor Street, Brooklyn NY, 11222

Price per sqft$1,066.95
Built in2023
Property size14,996 sqft
Property typeCommercial
Courtesy of Daniel Gale Sothebys Intl Rlty, George T. Spyridakis Listing Contact: 718-650-5855

Overview

Active

Listed Dec 29, 2025

Updated 3 weeks ago

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.

Additional information

MLS® ID
946730

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$4,597
Tax Frequency
Annually
Garage
Yes

Listings courtesy of OneKey MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 9:39 PM UTC on 8/21/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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