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About This Home
This 11-bedroom, 6-bathroom single family at 1586 E 22nd Street in Brooklyn, NY is listed for $1,900,000 ($349 per sqft). Built in 1926, the home offers 5,451 sqft of living space on a 0.07 acres lot.
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 per monthwithout doing anything.
Key Features
- Built in 1926
- 0.07 acre lot
Property Details
Monthly Cost Estimate
$10,162/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1586 E 22nd Street
Brooklyn, NY 11210
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Appliances
Questions & Answers
This 11-bedroom, 6-bathroom single family at 1586 E 22nd Street is listed at $1,900,000 ($349/sqft). The estimated monthly payment is $8,233 based on 20% down at 6.5% interest.
Key features include: Built in 1926, 0.07 acre lot. Interior Features: Built-in Features.
This property is listed by Dongyue Niu and can be reached at 3478701239 or niubhomehome@outlook.com.
