16 days on rocket

1586 E 22nd St, Brooklyn, NY, 11210

$2,000,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
6 Full Baths
5,451 SqFt
$367/SqFt
Multi
Schools Nearby

Location

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1586 E 22nd St, Brooklyn$2,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Space, Other, Carport
Year Built1926
HeatingBaseboard, Natural Gas
BasementYes
FireplaceStove
MLS #481707
StatusActive

About 1586 E 22nd St

Excellent Investment Opportunity! All brick semi-attached 6 Families building in the center of Midwood and Kings Highway Area. Close to Busy Kings Highway shopping area, schools and Q & B train, Kings Highway Station. There are 5 - Two Bedrooms/1 Bath Apartments and 1 - 1 Bedroom/1 Bath with private driveway and car port. Actual: Rent Roll $ 159,330.00, Operation Expense $ 49,614.00, NOI $ 109,716.00 and Cap Rate 5.5%. Projection Rent Roll $ 169,800.00, Operation Expense $ 52,100.00, NOI $ 117,705.30.

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Stories: 3
  • Living Area: 5,451 SqFt

Listing Office:

  • Office Name: Re/Max Real Estate Professiona

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Laminate, Tile, Other
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Parking: 1 Space, Other, Carport

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,000,000
  • Price Per SqFt: $367/SqFt

Tax Information:

  • Annual Amount: $24,509
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

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Brooklyn, NY

City

Med. Sold Price

$965.9K

Med. Price/SqFt

$689

Avg. Days On Market

101

# of Sold Homes

378

1586 E 22nd St vs Brooklyn

16 DAYS ON ROCKET

-85 Days

$2,000,000

+$1.0M More

$367/SqFt

-$323 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $323/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #481707

Listing Office:

  • Office Name: Re/Max Real Estate Professiona

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/18/2024, 9:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$24,509$483,300
2019$24,508$483,300
2018$20,762$176,269
2017$9,744$163,238

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3494493
7
/10

  • PS 197-The Kings Highway Academy

  • 1599 E 22nd St

  • 0.04 miles

  • Public District Grades PK-5

school-card-donut-3494494
6
/10

  • Hebrew Language Academy Charter School

  • 1340 E 29th St

  • 0.48 miles

  • Public Charter Grades KG-5

school-card-donut-3494495
8
/10

  • PS 199 Frederick Wachtel

  • 1100 Elm Ave

  • 0.62 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,000. Residents of Brooklyn, NY typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11210›1586 E 22nd St

This home is located at 1586 E 22nd St in Brooklyn, NY and zip code 11210 in the Southern Brooklyn neighborhood. This 5,451 square foot home was built in 1926. Features: 11 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $2,000,000.

Over 25 listings were sold over their listed price in April 2024 in Brooklyn, NY. In the same period over 145 listings were sold below the listed price and 208 listings were sold for the listed price. The inventory of homes for sale in Brooklyn, NY between March 2024 and April 2024 increased by 0.1%. The median list price of listings available in April 2024 was $965,912, while the average time on the real estate market was 101 days.

From Rocket Homes Real Estate and based on county public records data.

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