NY
Kings (Brooklyn)
Brooklyn
11210
1586 E 22nd Street
1586 E 22nd Street, Brooklyn, NY 11210
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Listing Type
Single Family
Listing Status
Active
16
$1,900,000

Home Details for 1586 E 22nd Street

Price
$1,900,000
Type
Residential
Bedrooms
11
Bathrooms
6.0
Square feet
5451
Year built
1926
Lot size acres
0.0689
County
Kings (Brooklyn)
Total rooms
25
Garage
Basement
Full
Days on site
31
MLS Listing#
954025
Property 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.

Property Features
  • Utilities
    • Cable Connected
    • Electricity Connected
  • Cooling Information
    • None
  • Heating Information
    • Baseboard
  • Water Features
    • Public
  • House Interior
    • Built-in Features
  • Parking
    • Off Street
  • Basement
    • Full
School Information
School Information for 1586 E 22nd Street, Brooklyn, NY 11210
Elementary School
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Middle School
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High School
Contact Agent
Listing Courtesy: Landmark International R E LLC - 718-898-8300
Presented by: Dongyue Niu
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 OneKey MLS. All Rights Reserved
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Median Listing Price
Median Days on Site
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8911 Glenwood Rd, Brooklyn, NY 11236
Office
718 345 4545
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