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:
Cable Connected, Electricity Connected
Address Map
City:
NY
State:
NY
Street:
22nd
Street Number:
1586
Street Suffix:
Street
Postal Code:
11210
Floor Number:
0
Longitude:
W75° 59' 38.3''
Latitude:
N40° 42' 45.8''
PostalCity:
Brooklyn
Street Dir Prefix:
E
Additional Information
Construction Materials:
Brick
Elementary School:
Contact Agent
High School:
Contact Agent
Agent MlsId:
186027
MiddleOrJunior School:
Call Listing Agent
PhotosCount:
16
Special Listing Conditions:
No
Tax Annual Amount:
$29,574
Water Source:
Public
Office MlsId:
LNMK01

Residential - MLS# 954025

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 Type :
For Rent
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
Lot Area :
0.07 Acre
Year Built :
1926
Status :
Active
Listing Agent :
Dongyue Niu
Listing Office :
Landmark International R E LLC
Agent info
Coldwell Banker American Homes
284 West Park Ave
Contact Agent
Walkscore