1586 E 22nd St Brooklyn, NY 11210
Midwood NeighborhoodEstimated payment $12,538/month
Highlights
- Built-In Features
- P.S. 197 Kings Highway Academy (The) Rated A-
- Baseboard Heating
About This Home
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.
Listing Agent
Landmark International R E LLC Brokerage Phone: 718-898-8300 License #10401282827 Listed on: 01/21/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,574
Year Built
- Built in 1926
Lot Details
- 3,000 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- Brick Exterior Construction
Interior Spaces
- 5,451 Sq Ft Home
- Built-In Features
- Basement Fills Entire Space Under The House
- Cooktop
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Full Bathrooms
Schools
- Contact Agent Elementary School
- Contact Agent High School
Utilities
- No Cooling
- Baseboard Heating
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 06768-0019
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2026 | $31,930 | $409,500 | $8,100 | $401,400 |
| 2025 | $29,574 | $460,800 | $8,100 | $452,700 |
| 2024 | $29,574 | $384,120 | $8,100 | $376,020 |
| 2023 | $28,110 | $480,150 | $8,100 | $472,050 |
| 2022 | $25,964 | $426,600 | $8,100 | $418,500 |
| 2021 | $24,107 | $441,000 | $8,100 | $432,900 |
| 2020 | $11,854 | $483,300 | $8,100 | $475,200 |
| 2019 | $22,950 | $463,950 | $8,100 | $455,850 |
| 2018 | $22,420 | $176,269 | $2,773 | $173,496 |
| 2017 | $20,762 | $163,238 | $3,029 | $160,209 |
| 2016 | $9,744 | $151,171 | $3,286 | $147,885 |
| 2015 | $6,107 | $151,149 | $3,943 | $147,206 |
| 2014 | $6,107 | $139,974 | $2,923 | $137,051 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/21/2026 01/21/26 | For Sale | $1,900,000 | -- | $349 / Sq Ft |
Source: OneKey® MLS
MLS Number: 954025
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Ask me questions while you tour the home.