For sale

$1,900,000

1586 E 22nd Street, Brooklyn, NY 11210

11beds

5,451sqft

Single Family Residence, Residential

Built in 1926

3,000 Square Feet Lot

$-- Zestimate^®

$349/sqft

$-- HOA

What's special

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.

188 days

213

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 6
Full bathrooms: 6

Heating

Baseboard

Cooling

None

Appliances

Included: Cooktop

Features

Built-in Features
Basement: Full
Attic: None

Interior area

Total structure area: 5,451
Total interior livable area: 5,451 sqft

Property

Parking

Parking features: Off Street

Lot

Size: 3,000 Square Feet

Details

Parcel number: 067680019
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence, Residential

Materials

Brick

Condition

Year built: 1926

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $349/sqft
Tax assessed value: $460,800
Annual tax amount: $29,574
Date on market: 1/21/2026
Cumulative days on market: 189 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
1/21/2026	Listed for sale	$1,900,000+29.3%$349/sqft
Source: OneKey® MLS as distributed by MLS GRID #954025 Report a problem
11/18/2024	Listing removed	$1,470,000-22.6%$270/sqft
Source: BNYMLS #438938 Report a problem
6/12/2024	Price change	$1,900,000-5%$349/sqft
Source: BNYMLS #481707 Report a problem
5/2/2024	Listed for sale	$2,000,000+36.1%$367/sqft
Source: BNYMLS #481707 Report a problem
11/18/2021	Sold	$1,470,000-5.2%$270/sqft
Source: Agent Provided Report a problem
8/31/2020	Pending sale	$1,550,000$284/sqft
Source: BNYMLS #438938 Report a problem
8/13/2020	Price change	$1,550,000-3.1%$284/sqft
Source: Re/Max Real Estate Professiona #438938 Report a problem
3/6/2020	Listed for sale	$1,600,000$294/sqft
Source: House-N-Key #437305 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Midwood

Getting around

93 / 100

Walker's Paradise

65 / 100

Bikeable

Nearby schools

GreatSchools rating

9/10
Ps 197 The Kings Highway Academy
Grades: PK-5Distance: 0 mi
7/10
Andries Hudde School
Grades: 6-8Distance: 0.8 mi
4/10
James Madison High School
Grades: 9-12Distance: 0.3 mi

Schools provided by the listing agent

Elementary: Contact Agent
High: Contact Agent

Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.