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1586 E 22 St

Brooklyn, NY 11229

$1,900,000

1586 E 22 St
Brooklyn, NY 11229

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Brooklyn / NY

Multi Family HIGHLIGHTS

  • Property Type

    Commercial Sale, Multi Family

  • Year Built

    1926

  • Heating

    Yes - Baseboard

  • Stories

    3

  • RE Tax

    $31,774

Listing courtesy of Dongyue Niu of Landmark International R E LLC.

Great investment in the heart of Midwood . HIGH cap 6 family free market brick 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.

  • City Region

    Brooklyn

  • Elementary School

    Brooklyn District

  • High School

    Brooklyn District

  • MLS #

    953966

  • Middle School

    Brooklyn District

  • Property Type

    Multi Family

  • Year Built

    1926

  • Building Area Total

    5451

  • Construction Materials

    Brick

  • Total Number of Units

    6

  • Total Stories

    3

  • Year Built

    1926

  • Parking Features

    Off Street

  • Annual Taxes

    $31,774

  • Basement

    Full

  • Heating

    Yes - Baseboard

  • Sewer

    Public Sewer

  • Utilities

    Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

  • Water Source

    Public

in US Dollars

%

Total/Month

  • Principal & Interest
  • Property Taxes (monthly) $2,648

 *The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

1586 E 22 St

Location

Nearby Points of Interest

  • Community Playground

    Parks

  • Yury Zamdborg MD

    Health Care, Independent

  • Yury Zamdborg, MD

    Health Care, Independent

  • Modern Dentistry

    Health Care, Independent

  • Family Smile Dental

    Health Care, Independent

Data courtesy of LocalLogic.co

Midwood
Neighborhood

Midwood

Midwood is a residential neighborhood in central Brooklyn known for its tree-lined streets and varied housing stock. The area includes detached and semi-detached homes, brick rowhouses, and mid-rise apartment buildings, offering a...

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1586 E 22 St

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