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Residential Income Property with Terrace
For Sale
$2,795,000

686 Leonard Street 2, Brooklyn, NY 11222

Newly developed three-bedroom duplex with private elevator access, zoned HVAC, and substantial covered outdoor space.

Property Size1,556 SF
Price / SF$1,796
Days on Market41

Property Features for 686 Leonard Street 2

General Information

Standard status Active
Size 1,556 SF
Elevators Yes
Property subtype Apartment

Units

Unit Mix 1 x 3BR/2.5BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $15,456

Amenities

covered terrace
in-unit washer/dryer
private storage unit
radiant heat floors
multiple zone HVAC

Building Details

Building Size 1,556 SF
Year Built 2026
Listing Agency: Compass
Listed By: YOVAL VIDAL
Source: Cbwarburg
Added: Jul 1 Changed: Aug 8 Last Checked: Aug 10 at 9:43AM

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 Compass

Investment Insights

Based on property information with market context.

Unit 2 is a newly developed, 1,556-square-foot duplex with three bedrooms and two-and-a-half baths. A private elevator opens into the entry foyer, while the living and dining areas connect with an expansive covered terrace. Interior features include European white oak flooring, Italian walnut cabinetry, Macchia Antica honed marble counters, a full Miele appliance package, Kohler fixtures, and radiant-heated floors in the primary and secondary full baths. Custom closet organizers, an in-unit washer and dryer, dedicated private storage, and multi-zone HVAC add practical functionality. The building is scheduled for completion in 2026.

The property is positioned on a tree-lined street two blocks from McCarren Park, which includes a pool, track, sports courts, and a seasonal greenmarket. Nearby amenities include dining, shopping, cultural venues, waterfront access, G and L train service, and ferry terminals. Finishes, dimensions, layout, and views are subject to the offering plan and construction tolerances.

Key Highlights

  • 1,556‑square‑foot three‑bedroom, two‑and‑a‑half‑bath duplex
  • Expansive covered terrace with daytime light and views
  • Private elevator opens directly to the entry foyer

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Accounting Firm Home Appliance 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

5,728
Businesses Nearby

Demographics for 11222, NY

41,957
Population
21,917
Households
1.9
Avg Household Size
35
Median Age
65%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
27,971
Density / Sq Mi
$123,963
Median Household Income
$74,237
Median Earnings
$2,595
Median Rent
$1,245,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Newly developed three-bedroom duplex with private elevator access, zoned HVAC, and substantial covered outdoor space.
Where is this residential income property located?
The property is located at 686 Leonard Street 2 Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: 1,556‑square‑foot three‑bedroom, two‑and‑a‑half‑bath duplex; Expansive covered terrace with daytime light and views; Private elevator opens directly to the entry foyer
More about this property
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