1586 E 22 st, Brooklyn, NY 11229
- $1,900,000
- List Price
- $1,900,000
- Status
- ACTIVE
- MLS#
- 953966
- Year Built
- 1926
- Days on Market
- 187
- County
- Brooklyn
- City Orig
- Brooklyn
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.
Additional Information
- Heating
- Baseboard
- Cooling
- None
- Sewer
- Public Sewer
- Stories
- 3
- School District
- Brooklyn
- Taxes
- $31,774
- Parking
- Off Street
- Water
- Public
Mortgage Calculator
Listing courtesy of Listing Agent: Dongyue Niu (niubhomehome@outlook.com) from Listing Office: Landmark International R E LLC.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.