1586 East 22nd Street #6, Brooklyn, NY 11210

Local realty services provided by:Better Homes and Gardens Real Estate Safari Realty
1586 East 22nd Street #6,Brooklyn, NY 11210
$1,900,000
  • 11 Beds
  • 6 Baths
  • 5,451 sq. ft.
  • Multi-family
  • Active
Listed by:long tommy ngo
Office:re/max real estate professiona
MLS#:492792
Source:BROOKLYN

Price summary

  • Price:$1,900,000
  • Price per sq. ft.:$348.56

About this home

Excellent Investment Opportunity! All Brick Semi-Attached 6 Families Building in the center of Midwood and Kings Highway Area. Close to Busy Kings Highway shopping area, schools and Q & B train, Kings Highway Station and Transporation. There are 5 - Two Bedrooms/1 Bath Apartments with private driveway and car port. Financial Summary: Annual Rent Roll (Gross Income): $208,068, Operating Expenses: $58,800 and Net Operating Income (NOI): $149,268. Cap Rate: Over 7.0% Investment Highlights: Solid Cap Rate: A cap rate above 7% in Brooklyn is generally considered strong, especially in desirable neighborhoods like Midwood. Prime Location: Proximity to transportation and retail increases desirability for renters. Brick Construction: Durable, low maintenance. Private Parking: A rare and valuable amenity in Brooklyn.

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Home facts

  • Year built:1926
  • Listing ID #:492792
  • Added:51 day(s) ago
  • Updated:October 11, 2025 at 11:09 AM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:5,451 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas

Structure and exterior

  • Roof:Flat
  • Year built:1926
  • Building area:5,451 sq. ft.
  • Lot area:0.07 Acres

Finances and disclosures

  • Price:$1,900,000
  • Price per sq. ft.:$348.56
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