1586 E 22 st, Brooklyn, NY 11229

• 5,451 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

February 8, 2026 at 4:22AM

Listing Office:

Landmark International R E LLC : 718-898-8300

MLS ID:

953966

Interior

• Basement: Full
• A/C: None
• Heating: Baseboard

Exterior

• Parking: Off Street

Location

• Originating MLS: onekey2
• School District: Brooklyn
• County: Kings (Brooklyn)

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2