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Listed price in listed location currency (USD).
$1,900,000

1160

MLS® 954025

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 5451 sqft
Garage No
Taxes $29,574
Days Active 0
Lot Size 0.0689 acres
Approx. Age 1926
Avg. Price Per Sqft $348
MLS® Number 954025

Property Address: 1586 E 22nd St, Brooklyn, NY, 11210-5155

Average square foot calculated using Size range provided by listing agent.

Description

Great investment in the heart of Midwood. HIGH cap 6 family free market building.Right next to James Madison High school. Right now cap 7.85%. The whold building was renovated in 2022. Need to pay less attention to the maintence. Owner can provid payment history for the rent. High income producing building. Monthly income 17585 monthly, pro forma income 19650 monthly expense 5147. Net operating income per month is 12437 eight now and 14502 in the future. All tenant do not have lease. A great building which is worth to keep for life time. Imagine a life which you can take 14502 without doing anything. Owner will consider seller finance if good downpayment is put down.
MLS® Number954025
Laundry Level
Central VacNo
FireplaceNo
Acreage0.0689
Exterior
GarageNo
Approx. Age1926
BasementFull
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 21, 2026List Date
$1,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
1586 E 22 Nd St, Brooklyn, NY

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