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Renovated Brooklyn Duplex

1604 E 22nd Street, Brooklyn, NY 11210

For Sale
New
$2,200,000

Residential, Duplex, Brooklyn, NY

Property Size2,200 SF
Lot Size0.07 Acres
Price / SF$1,000
Days on Market2

Property Features for 1604 E 22nd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R4-1
Bedrooms 8
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 1, Bedroom 4, Bathroom 4, Bedroom 2, Bedroom 3, Bedroom 7, Bedroom 5, Bedroom 8, Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 1
Interior features Refrigerator, Stove
Basement Finished
Subdivision Midwood
Standard status Active
Size 2,200 SF
Lot size 0.07 Acres

Additional Details

Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Annual Amount 9764

Amenities

radiant heated floors
finished paved backyard
private driveway

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Flooring type Tile
Building materials Block
Roof type Shingle
Architectural style Other
Buildings 1
Listing Agency: Behfar Team, LLC
Listed By: Mary Assis
Added: Nov 9 Last Checked: Nov 10 at 9:06AM
MLS# 505940

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.

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Investment Insights

Based on property information with market context.

At 1604 E 22nd Street in Brooklyn, this detached duplex offers 2,200 square feet on a 0.0689-acre lot. The first floor has an open living, dining, and kitchen area, three bedrooms, and one full bathroom. Upstairs, a second open living, dining, and kitchen area is joined by three bedrooms and two full bathrooms. The finished attic adds flexible interior space, while the basement includes a kitchen, an open living and dining area, two additional rooms, and a full bathroom, with access from inside and outside.

The property was built in 1920 and has R4-1 zoning. Improvements include updated systems, radiant floor heat on the first level, split-unit heating and cooling, and separate meters for each floor. A paved backyard and private driveway are also part of the property.

Key Highlights

  • Detached duplex with 2,200 square feet on a 0.0689‑acre lot
  • First and second floors each have an open living, dining, and kitchen area
  • Three bedrooms on each floor; one full bathroom downstairs and two upstairs

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$77,048
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,540,960 $1.5M
Cap Rate 7%
$1,100,686 $1.1M
Cap Rate 9%
$856,089 $856.1K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$112.2K $51.00/SF
− Vacancy
−$2.1K −$0.97/SF
EGI
$110.1K $50.03/SF
− OpEx
−$33.0K −$15.01/SF
NOI
$77.0K $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%
$1,540,960
Cap Rate 7%
$1,100,686
Cap Rate 9%
$856,089

Alternative Uses

Best Use
Multifamily LT 5
$1.10M
$963.1K – $1.28M (±1% cap)
NOI $77,048 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$959.5K
$839.6K – $1.12M (±1% cap)
NOI $67,164 @ 7.0% cap · market cap 3.05%
Theoretical Best
Specialty Retail
$1.82M
$1.59M – $2.13M (±1% cap)
NOI $127,512 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Location Intelligence

Trade Area within ½ mile

4,705
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

Average Price Trend$/SF for Duplexes in Brooklyn, NY

$784 Jul
$771 Aug
$781 Sep
$752 Oct

Properties on Market for Duplexes in Brooklyn

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate meters serve each floor, and a private driveway provides on-site parking.
Where is this duplex located?
The property is located at 1604 E 22nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Detached duplex with 2,200 square feet on a 0.0689‑acre lot; First and second floors each have an open living, dining, and kitchen area; Three bedrooms on each floor; one full bathroom downstairs and two upstairs
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