$1,750,000

Estimated payment $9,812/month

Total Views 1,272
5 Beds
5 Baths
2,400 Sq Ft
$729 Price per Sq Ft

Highlights

  • Deck
  • Cooling Available
  • 4-minute walk to 25 Street

About This Home

AUGUST 24th OPEN HOUSE IS BY APPOINTMENT ONLY!

Price Reduced to $1,750,000 - Rare Value in Greenwood Heights

137A 22nd Street Renovated Two-Family Townhouse Zoned for PS 295

Why settle for a condo when you can own an entire 2-family townhouse for less? Welcome to 137A 22nd Street, a thoughtfully updated home offering approximately 2,300 square feet across 5 bedrooms, 2 private decks, and a private backyard, just moments from Park Slope and the R train.

The expansive owner's triplex-with interior access to a finished rec room-features four true bedrooms, abundant closets, and a bright, airy layout with both northern and southern exposures. Four decorative fireplaces add warmth and character throughout, giving each level its own inviting charm.On the garden level, a well-appointed one-bedroom rental offers smart income potential or space for extended family or guests. The backyard is perfectly partitioned allowing privacy between both units.

At $1,750,000, you're paying under $760 per square foot-a steal compared to the Greenwood Heights average of $1,000-$1,100+ per square foot for newer condos and townhomes. That's real space, real equity, and real upside.

Owner's Duplex + Finished Rec Room: 4 true bedrooms, 2.5 baths, 2 decks, and direct backyard access

Garden-Level 1BR Rental: Currently generating $2,500/month ($30K/year)-equivalent to covering $450K of mortgage at 5.75% rates

Low property taxes and legal two-family zoning long-term financial flexibility

Location Perks - Perfectly situated in Greenwood near the South Slope, you're minutes from:

Roots Café

Luigi's Pizza

Battle Hill Tavern

Southside Coffee

Greenwood Cemetery, Prospect Park, and great schools including PS 295. Easy commute with the R train at 25th Street

Listing Agent

Danielle Nazinitsky

Decode Real Estate License #10401266823 Listed on: 07/22/2025

Decode Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,200

Lot Details

  • 1,670 Sq Ft Lot
  • Lot Dimensions are 100.17x16.67

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Additional Features

  • Deck
  • Cooling Available

Community Details

  • 2 Units
  • Greenwood Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 0061 / 00642

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,200

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Greenwood Heights
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 2400.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 5

Exterior Features

  • View: Other
  • View: No
  • Exterior Features: Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1669.83
  • Lot Size Dimensions: 100.17x16.67

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2

Tax Info

  • Tax Block: 00642
  • Tax Lot: 0061
  • Tax Annual: 4200.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,972 $80,640 $19,320 $61,320
2024 $3,972 $73,800 $19,320 $54,480
2023 $4,016 $83,460 $19,320 $64,140
2022 $3,905 $91,440 $19,320 $72,120
2021 $3,889 $86,700 $19,320 $67,380
2020 $2,917 $72,480 $19,320 $53,160
2019 $3,447 $73,560 $19,320 $54,240
2018 $3,359 $16,478 $3,933 $12,545
2017 $3,323 $16,300 $5,607 $10,693
2016 $3,079 $15,400 $4,634 $10,766
2015 $489 $14,529 $4,843 $9,686
2014 $489 $13,732 $5,111 $8,621
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,250,000 --
Deed $725,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $971,770 Stand Alone Refi Refinance Of Original Loan
Closed $271,364 Unknown
Closed $1,000,000 Purchase Money Mortgage
Previous Owner $435,000 No Value Available
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20038529

Real Estate Board of New York (REBNY)

APN: 00642-0061