Brooklyn (Greenwood Heights), NY, 11232 | $1,800,000

137A 22nd Street - Versatile Two-Family Residence with Income Potential, Finished Basement & Outdoor Space

Welcome to 137A 22nd Street, a well-positioned two-family townhouse offering flexibility, comfort, and strong long-term potential. Featuring 5 bedrooms, 5 full bathrooms, a fully finished basement, and private outdoor space, this property is an excellent opportunity for both end users and investors seeking a foothold in a growing Brooklyn neighborhood.

The home is thoughtfully configured with two residential units, each offering functional layouts and well-proportioned living space. The finished basement provides added versatility, complete with a full bathroom and flexible space ideal for guests, extended family, recreation, or storage.

A private outdoor area enhances the property's appeal, offering space for entertaining, relaxing, or enjoying everyday outdoor living-an increasingly valuable feature in Brooklyn townhomes.

Why This Property Stands Out:

Two-family layout offering income potential or multi-generational living

5 bedrooms and 5 full bathrooms across the home

Fully finished basement adding flexible usable space

Private outdoor space for added lifestyle value

Strong long-term upside for both investors and end users

Conveniently located with easy access to neighborhood retail, dining, and transportation, 137A 22nd Street offers the balance of residential living with urban convenience. Nearby transit options provide seamless connectivity throughout Brooklyn and into Manhattan, supporting continued rental demand and long-term appreciation.

Whether you're looking to generate rental income, create a multi-generational home, or invest in Greenwood's evolving real estate landscape, 137A 22nd Street presents a compelling opportunity with flexibility and upside.

The top floor unit will be delivered vacant at closing. Meanwhile, the garden unit provides immediate rental income with a reliable tenant in place through 12/28.

Schedule your private showing today to explore the potential this property has to offer.

Features

  • Town: Brooklyn
  • Levels: 1
  • Rooms: 12
  • Bedrooms: 5
  • Baths: 5 full
  • Lot Size: 100.17x16.67
  • Laundry: Washer Hookup,In Unit
  • Approx Sq. Feet: 2,000
  • Est. Taxes: $4,152
  • View: Other
  • Pet Policy: Building Yes,No
  • Appliances: Washer Dryer Allowed
  • MLS#: RLS20067369
  • Days on Market: 72 days
  • Website: https://www.raveis.com
    /prop/RLS20067369/137a22ndstreet_brooklyn_ny?source=qrflyer
Copyright © 2026  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Platinum Properties   Phone: (212) 918-4870

William Raveis Family of Services

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Brooklyn (Greenwood Heights), NY, 11232

$1,800,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,440,000 $1,440,000 $1,440,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.235% 6.058%
Monthly Tax Payment $346 $346 $346
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,176 $8,750 $12,055
Total Monthly Payment $8,647 $9,221 $12,526

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.