For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

2159 E 2nd Street Brooklyn, NY 11223

View on Map
Claim this Listing
Loading data...
Loading data...
Loading data...
For Sale
$1,500,000

MULTI_FAMILY - Brooklyn, NY

Property size:
4,320 SF
Lot size:
0.05 Acres
Added:
Aug 13, 2025
Days on Market:
243
Last Refresh:
Apr 12 at 4:06 am

Property Features for 2159 E 2nd Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
6
Rooms
Bathroom 5, Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 6, Bedroom 6, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 5
Interior features
Refrigerator, Stove
Basement
Finished, Full
Standard status
Active
Size
4,320 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
15005

Building Details

Year built
1928
Floors in Building
3
Number of units
6
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Rubber

We can help!

Listing Contact
Michelle J. Zhang

Listing agent Michelle J. Zhang

Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY

Listing date Aug 13, 2025

MLS# 495013

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Turnkey Brooklyn Six-Family Income Property

This six-family building, situated in the Midwood location near Avenue U, presents an investment opportunity. The building dimensions are 20' x 72' on a 20' x 100' lot. The property has a clean inspection record, covering the roof, electrical, gas, water, and Local Law 11 requirements. The building contains six one-bedroom apartments. All units are fully leased except one apartment is currently empty. Leases include annual rent increases of 3% for 1-year leases and 4.5% for 2-year leases. The current annual income is approximately $111,000, with annual expenses around $29,200. The building is located near Avenue U's shopping, dining, and services, and is close to P.S 95, parks, and the F train, providing access to Manhattan. The property offers immediate rental income and long-term growth potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.969208
Latitude
40.59671

FAQs

What type of property is this?
Apartment building - Well-maintained six-family building near Avenue U with strong income potential.
Where is this apartment building located?
The property is located at 2159 E 2nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Turnkey six‑family building in prime Avenue U/Midwood location, offering immediate rental income.; Strong 5‑5.5% cap rate with current annual income of approximately $111,000 and low annual expenses around $29,200.; Well‑maintained building with clean inspection record.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message