Renovated Six-Family Apartment
For Sale
$1,900,000
1586 E 22 st, Brooklyn, NY 11229
Commercial Sale, Brooklyn, NY
Property SizeContact for details
Days on Market222
Property Features for 1586 E 22 st
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Off Street
Basement
Full
Elementary school district
Brooklyn
Middle school district
Brooklyn
High school district
Brooklyn
Directions
googlemap
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
31774
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Building Details
Year built
1926
Floors in Building
3
Number of units
6
Building materials
Brick
Listing Agency:
Landmark International R E LLC
(718) 898-8300
Listed By:
Dongyue Niu · License #10401282827
(347) 870-1239
Added: Jan 21
Changed: Aug 19
Last Checked: Aug 31 at 5:06AM
MLS# 953966
Copyright © 2026 OneKey MLS. 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 six-family apartment building is constructed of brick and was renovated in 2022. The property includes a basement, baseboard heating, and off-street parking. Public water and public sewer serve the building, which was originally built in 1926.
Located at 1586 E 22 St in Brooklyn, the property is next to James Madison High School. The building is identified as free-market, and all tenants currently occupy the apartments without leases. The reported cap rate is 7.85%.
Located at 1586 E 22 St in Brooklyn, the property is next to James Madison High School. The building is identified as free-market, and all tenants currently occupy the apartments without leases. The reported cap rate is 7.85%.
Key Highlights
- Six‑family free‑market apartment building
- Whole building renovated in 2022
- 7.85% cap rate
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,516
Businesses Nearby
Explore this area
Business Placement
Demographics for 11229, NY
83,669
Population
33,353
Households
2.5
Avg Household Size
40
Median Age
41%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
41,835
Density / Sq Mi
$72,556
Median Household Income
$52,948
Median Earnings
$1,666
Median Rent
$812,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick multifamily property with baseboard heating, a basement, and off-street parking in Brooklyn.
Where is this apartment building located?
The property is located at 1586 E 22 st Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Six‑family free‑market apartment building; Whole building renovated in 2022; 7.85% cap rate
