2529 E 22nd Street Brooklyn, NY 11235
Two-family home in Sheepshead Bay, delivered vacant.
Property Features for 2529 E 22nd Street
General Information
- Standard status
- Active
- Size
- 2,256 SF
- Lot size
- 0.06 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1925
Listing office Robert DeFalco Realty, Inc.
Listing date Mar 5, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Robert DeFalco Realty, Inc.
Investment Insights
Based on property information with market context.
Key Highlights
- Legal two‑family home, delivered vacant.
- Located in Sheepshead Bay, close to shopping, schools, and public transportation.
- Features two units, each with a living room/dining room combo, eat‑in kitchen, 3 bedrooms, and a full bathroom.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.1k | $51.00 |
| − Vacancy | −$2.2k | −$0.97 |
| EGI | $112.9k | $50.03 |
| − OpEx | −$33.9k | −$15.01 |
| NOI | $79.0k | $35.02 |
