1586 E 22nd Street
Brooklyn, NY 11210
11
Bed
6
Bath
5,451Sqft
0.07Acre(Lot)
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 per monthwithout doing anything.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 11Bathroom Information
Total Baths: 6 Full Baths: 6Room Information
Rooms Total: 25 Basement: Full -
Interior Features
Built-in Features Appliances: Cooktop -
Heating & Cooling
Has Heating: Yes Heating: Baseboard Cooling: None
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Building Information
Year Built: 1926 Building Area Total: 5451 Construction Materials: Brick Private Pool: No
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Lot Information
Lot Size Acres: 0.0689 Lot Size Square Feet: 3000
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Listing Price Information
Listing Price: $1900000
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Tax Information
Parcel Number: 06768-0019 Annual Tax: $29574.24
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Parking Information
Off Street
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School Information
Elementary School: Contact AgentJunior High School: Call Listing AgentSenior High School: Contact Agent -
Utility Information
Cable Connected, Electricity Connected -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1749 Albany Avenue, Brooklyn, NY, 11210 | $649,999 | 4 | 3 | 1,728 | 1,728 SqFt |
| 1402 E 37th Street, Brooklyn, NY, 11210 | $950,000 | 5 | 3 | 2,197 | 2,197 SqFt |
| 1328 E 35th Street, Brooklyn, NY, 11210 | $895,000 | 4 | 2 | 1,600 | 1,600 SqFt |
| 712 E 40th Street, Brooklyn, NY, 11210 | $709,999 | 3 | 2 | 1,710 | 1,710 SqFt |
| 786 39th Street, Brooklyn, NY, 11210 | $715,000 | 2 | 2 | 1,672 | 1,672 SqFt |
| 1981 New York Avenue, Brooklyn, NY, 11210 | $1,160,000 | 3 | 1.5 | 1,408 | 1,408 SqFt |
| 1746 Flatbush Avenue, Brooklyn, NY, 11210 | $1,080,000 | -- | -- | 2,376 | 2,376 SqFt |
| 1742 Flatbush Avenue, Brooklyn, NY, 11210 | $950,000 | -- | -- | 1,980 | 1,980 SqFt |
| 889 E 37th Street, Brooklyn, NY, 11210 | $829,000 | 3 | 2 | 1,772 | 1,772 SqFt |
| 1658 Brooklyn Avenue, Brooklyn, NY, 11210 | $929,000 | 6 | 4 | 2,800 | 2,800 SqFt |
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ByOwner last updated this listing 07/24/2026 @ 11:02
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