Brick Duplex with Private
For Sale
$959,000
338 E 22nd Street, Brooklyn, NY 11226
Residential, High Ranch, Brooklyn, NY
Property Size2,160 SF
Lot Size0.05 Acres
Price / SF$443.98
Days on Market36
Property Features for 338 E 22nd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6A , R5B
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4
Interior features
Refrigerator, Stove
Basement
Finished
Subdivision
East Flatbush
Standard status
Active
Size
2,160 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
5760
Building Details
Year built
1910
Floors in Building
2
Number of units
2
Flooring type
Carpet, Hardwood
Building materials
Brick
Roof type
Flat
Architectural style
Ranch
Listing Agency:
Brooklyn Real Property Inc.
(718) 875-8899
Listed By:
Jean P Ho · License #JPH8888
(718) 713-6888
Added: Aug 31
Changed: Oct 4
Last Checked: Oct 5 at 10:06PM
MLS# 504176
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 brick duplex in Brooklyn presents a 6-room-over-5-room configuration with a large living room, formal dining room, and eat-in kitchen. The finished accessory basement includes a full bathroom and three separate entrances with front, rear, and side egress. Interior details include hardwood floors, original moldings, stained-glass windows, high ceilings, and a tin ceiling. The property also includes a private enclosed backyard with a storage shed.
The 2,160-square-foot building occupies a 20' x 100' lot and was built in 1910. R6A and R5B zoning apply. The property is near Kings Theatre, shopping, restaurants, schools, houses of worship, parks, and public transportation. Refrigerator and stove are included.
The 2,160-square-foot building occupies a 20' x 100' lot and was built in 1910. R6A and R5B zoning apply. The property is near Kings Theatre, shopping, restaurants, schools, houses of worship, parks, and public transportation. Refrigerator and stove are included.
Key Highlights
- 2,160‑square‑foot brick duplex built in 1910
- 6‑room‑over‑5‑room layout with 5 bedrooms and 3 bathrooms
- Finished accessory basement with front, rear, and side entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,753
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,095,060
$1.1M
Cap Rate 7%
$782,186
$782.2K
Cap Rate 9%
$608,367
$608.4K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$81.6K $37.80/SF
− Vacancy
−$3.4K −$1.59/SF
EGI
$78.2K $36.21/SF
− OpEx
−$23.5K −$10.86/SF
NOI
$54.8K $25.35/SF
Area
ZIP 11226
Vacancy
4.20%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,095,060
Cap Rate 7%
$782,186
Cap Rate 9%
$608,367
Alternative Uses
Best Use
Multifamily LT 5
$782.2K
$684.4K – $912.6K
NOI $54,753 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$723.4K
$633.0K – $844.0K
NOI $50,637 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$1.07M
$934.2K – $1.25M
NOI $74,733 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,210
Businesses Nearby
Explore this area
Business Placement
Demographics for 11226, NY
101,727
Population
42,618
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
78,252
Density / Sq Mi
$81,084
Median Household Income
$49,892
Median Earnings
$1,751
Median Rent
$866,300
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-level residential layout with a finished accessory basement, private enclosed backyard, and original interior detailing.
Where is this duplex located?
The property is located at 338 E 22nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $959,000.
What are key features of this property?
This property features: 2,160‑square‑foot brick duplex built in 1910; 6‑room‑over‑5‑room layout with 5 bedrooms and 3 bathrooms; Finished accessory basement with front, rear, and side entrances
