1586 E 22nd Street, Brooklyn, NY, 11210
25 rooms
11 beds
6 Full baths
1926
5,451 sqft
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.
Status:
Active
Type:
Single-family residential
Heating:
Baseboard
Cooling:
None
Basement:
Full
Parking:
Off Street
Acreage:
0.07
Est. Taxes:
$29,574
Assessment
$460,800
Construction
Brick
Utilities
Cable Connected, Electricity Connected
Elementary School:
Contact Agent
Middle School:
Call Listing Agent
High School:
Contact Agent
School District:
Contact Agent
Days on Market:
28
Appliances:
Cooktop
MLS #:
954025
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Landmark International R E LLC 718-898-8300