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Renovated Triplex with Private Parking
For Sale
$2,495,000

1490 E 22nd Street, Brooklyn, NY 11210

Residential, Triplex, Brooklyn, NY

Property Size2,000 SF
Lot Size0.13 Acres
Price / SF$1,247
Days on Market49

Property Features for 1490 E 22nd Street

General Information

Property type Residential
Property subtype Triplex
Zoning R3-2
Bedrooms 5
Bathrooms 4
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 2, Bathroom 4
Interior features Refrigerator, Stove
Basement Finished
Subdivision Midwood
Standard status Active
Size 2,000 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 8428

Amenities

central air conditioning
private side yard
hardwood flooring
radiant heat
stainless steel appliances
breakfast nook
oversized island
laundry room

Building Details

Year built 1920
Floors in Building 2
Flooring type Tile, Hardwood, Carpet
Roof type Shingle
Architectural style Other
Listing Agency: Behfar Team, LLC
Listed By: Karen Behfar
Added: Aug 25 Changed: Oct 10 Last Checked: Oct 12 at 5:06PM
MLS# 504028

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.

Investment Insights

Based on property information with market context.

This renovated triplex at 1490 E 22nd Street provides approximately 2,000 square feet across three levels plus a finished basement. The interior includes five bedrooms, four bathrooms, a center-hall entry, separate living and dining rooms, an eat-in kitchen with quartz countertops, stainless steel appliances, extensive cabinetry, and an oversized island. Additional space includes a den, upper-level common area, recreation or family room, laundry room, and storage. Hardwood, tile, and carpet flooring are present throughout the residence, with radiant heat on the first floor and central air conditioning.

The property occupies 0.1252 acres in Brooklyn, NY 11210 and includes a private side yard and private parking. R3-2 zoning applies. Built in 1920, the building also features a shingle roof and kitchens equipped with a refrigerator and stove.

Key Highlights

  • Triplex with approximately 2,000 square feet of property size
  • Five bedrooms and four bathrooms across three levels plus finished basement
  • Eat‑in kitchen with quartz counters, stainless steel appliances, cabinetry, and oversized island

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$70,043
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,400,860 $1.4M
Cap Rate 7%
$1,000,614 $1.0M
Cap Rate 9%
$778,256 $778.3K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$102.0K $51.00/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$100.1K $50.03/SF
− OpEx
−$30.0K −$15.01/SF
NOI
$70.0K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,400,860
Cap Rate 7%
$1,000,614
Cap Rate 9%
$778,256

Alternative Uses

Best Use
Multifamily LT 5
$1.00M
$875.5K – $1.17M (±1% cap)
NOI $70,043 @ 7.0% cap · market cap 2.81%
Second Best
Apartment 5plus
$872.3K
$763.2K – $1.02M (±1% cap)
NOI $61,058 @ 7.0% cap · market cap 2.45%
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.93M (±1% cap)
NOI $115,920 @ 7.0% cap · market cap 4.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Gym & Fitness Center Hotel & Motel Bar & Pub Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

5,356
Businesses Nearby

Demographics for 11210, NY

62,805
Population
22,817
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
1.6 sq mi
ZIP Area
39,253
Density / Sq Mi
$83,261
Median Household Income
$50,286
Median Earnings
$1,734
Median Rent
$817,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-level property with finished basement, central air conditioning, private side yard, and off-street parking.
Where is this triplex located?
The property is located at 1490 E 22nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Triplex with approximately 2,000 square feet of property size; Five bedrooms and four bathrooms across three levels plus finished basement; Eat‑in kitchen with quartz counters, stainless steel appliances, cabinetry, and oversized island
More about this property
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