$1,900,000
1586 22nd Street 6
Brooklyn, NY, 11210
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.
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.
Property Details
Price:
$1,900,000
MLS #:
492792
Status:
Active
Beds:
11
Baths:
6
Type:
Multi Family
Subtype:
Multi-Family
Borough:
Brooklyn
Neighborhood:
midwood
Listed Date:
Jul 30, 2025
Finished Sq Ft:
5,451
Year Built:
1926
Schools
Interior
Exterior
Financial
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Current real estate data for Multi Family in Brooklyn as of Oct 19, 2025
758
Multi Family Listed
62
Avg DOM
593
Avg $ / SqFt
$1,775,433
Avg List Price
Community
- Address1586 22nd Street 6 Brooklyn NY
- NeighborhoodMidwood
- CityBrooklyn
- CountyKings (Brooklyn)
- Zip Code11210
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Property Summary
- 1586 22nd Street 6 Brooklyn NY is a Multi Family for sale in Brooklyn, NY, 11210. It is listed for $1,900,000
1586 22nd Street 6
Brooklyn, NY