COMMERCIAL
Address: ‎1586 E 22 st
Zip Code: 11229
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$1,900,000
MLS # 953966
English
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Landmark International R E LLC Office: ‍718-898-8300

$1,900,000 - 1586 E 22 st, Brooklyn, NY 11229|MLS # 953966

MLS #‎ 953966
Construction Year1926
Taxes
(per year)
$31,774
BasementFull basement
Bus2 min: B49, B7, B82
3 min: BM3
5 min: B100
6 min: B2, B31
9 min: B44, B44+, B9, BM4
Subway8 min: B, Q
LIRR4.5 miles: "Nostrand Avenue"
5 miles: "Atlantic Terminal"
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房屋英文概況 English 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.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Listing courtesy of Landmark International R E LLC © 2026

Courtesy of Landmark International R E LLC

公司: ‍718-898-8300




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$1,900,000
COMMERCIAL
MLS # 953966
‎1586 E 22 st
Brooklyn, NY 11229


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