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1586 E 22 st Brooklyn, NY $ 1,900,000
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1586 E 22 st
$ 1,900,000
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1586 E 22 st

Brooklyn, NY, 11229
$ 1,900,000
Bedrooms-- Baths-- Sq 5,451

Monthly Estimate*

$ 11,699

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Commercial Property for sale in Brooklyn, NY

for $1,900,000. This 5,451 square foot building was built in 1926.

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.

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Commercial Active

Price

$ 1,900,000

Property Type

Commercial

Taxes

$ 31,774

Style

Multi Family

Year Built

1926

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

953966
Features
General
Sewer Public Sewer
Heating Baseboard
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Construction Materials Brick
Year Built 1926
Property Subtype Multi Family
Tax Year 2025
County Kings (Brooklyn)
Property Type Commercial Sale
Directions googlemap
City New York
High School District Brooklyn
Number Of Units Total 6
Property Attached Y/N N
Tax Annual Amount 31774
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooklyn
Elementary School District Brooklyn
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Interior
Basement Full
Total Stories 3
Basement Features Full
Basement (Y/N) Y
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Exterior
Parking Features Off Street Off Street
Water Source Public
Building Area Total 5451
Waterfront Y/N N
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Internal Only
Street Number 1 1586
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* Excluded Features
List By
Dongyue Niu

Listing Agent

Landmark International R E Llc

Broker

718-898-8300

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Affordability Calculator

$14,346
Per Month
82%
18%
0%
Monthly Principal & Interest
$11,699
Monthly Property Taxes
$2,648
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892136 Elementary School
4892343 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/21/2026$1,900,000 Listed Price

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1586 E 22 st, Brooklyn, NY, 11229 is a Commercial Property for sale at $1,900,000 with 5,451 sqft. 1586 E 22 st was built in 1926. The property's zip code is 11229 which is in Brooklyn, NY

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