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2159 East 2nd Street, Brooklyn, NY 11223

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For Sale

$1,500,000

6 beds • 6 baths • 4,320 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Attached
    Property type

  • $347.22
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Prime Avenue U / MidWood Location Turnkey Six-Family Income Producer, Exceptional investment opportunity in a well-maintained six-family building (20 x 72 on a 20 x 100 lot) with a clean inspection record, including roof, electrical, gas, water, and Local Law 11 requirements. All units are one-bedroom apartments, fully leased except one apartment is empty now , it with annual rent increases of 3% for 1-year leases and 4.5% for 2-year leases. Current annual income is approximately $111,000, and low annual expenses around $29,200, generating a strong 5 5.5% cap rate. Building is located near Avenue U s vibrant shopping, dining, and services, close to top-rated school P.S 95, parks, and transportation F train with quick access to Manhattan. This is a true cash-flow property no major repairs needed, immediate rental income, and long-term growth potential in a sought-after neighborhood.
MLS# 495013

Courtesy Of Womcore LLC dba Remax Edge

(718) 612-3088

Open Houses

August

24

Sunday

In Person

Sunday, August 24, 2025

3:00PM - 4:30PM

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Hardwood, Tile
  • Heating System
    Steam
  • Lot Size
    0.05 Acres

Map and Directions

Directions to 2159 East 2nd Street, Brooklyn, NY 11223

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CENTURY 21 Homefront

(718) 252-6060
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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