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Property Description

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.

Features
Heating System:
Baseboard
Cooling System:
No
Basement:
Full
Appliances:
Cooktop
Interior Features:
Built-in Features
Parking Features:
Off Street
Sewer:
Public Sewer
Utilities:
Electricity Connected, Cable Connected
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Property and Construction
Development Status:
Brick
Elementary School:
Contact Agent
High School:
Contact Agent
Agent MlsId:
186027
Office MlsId:
LNMK01
MiddleOrJunior School:
Call Listing Agent
Special Listing Conditions:
No
Tax Annual Amount:
$29,574
Water Source:
Public
PhotosCount:
16

Residential For Sale

1586 22nd Street, New York, NY

11 Bedrooms
6 Bathrooms
5,451 Sqft
$1,900,000
Listing ID #954025
Basic Details
Property Type :
Residential
Property SubType :
Single Family Residence
Listing ID :
954025
Price :
$1,900,000
Rooms :
25
Bedrooms :
11
Bathrooms :
6
Bathrooms Total :
6
Square Footage :
5,451 Sqft
Building Area :
5,451 Sqft
Year Built :
1926
Status :
Active
Status :
Active
Listing Office :
Landmark International R E LLC
Listing Agent :
Dongyue Niu
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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