Asking Price
$3,200,000
Block / Lots
5221 / 48,55
Lot SF
7,480 SF (approx.)
Gross Building SF
15,216 SF (approx.)
Free-Market Units
5
Rent Stabilize Units
15
Stories
4
Zoning
R7A
For sale
580 East 22nd Street, Brooklyn, NY, USA
Flatbush, Brooklyn
- Multi-Family
Key Details
Investment Highlights
- 25% Free Market Building - Fully occupied 20-unit building featuring 5 free market and 15 rent-stabilized apartments with large layouts and an average monthly rent of $1,710 per unit.
- Well-Maintained Asset - Minimal deferred maintenance and not subject to Local Law 97 energy requirements, reducing operational costs.
- Strong Upside Potential - Opportunity for 35% rent upside in both free market and preferential rent units, providing significant value-add potential.
Brokers
Request Pricing / Contact
For sale
580 East 22nd Street, Brooklyn, NY, USA
Email Blast Signup Form
Please fill out all of the fields below.