2159 East 2nd Street, Brooklyn, NY 11223

Local realty services provided by:ERA Top Service Realty
2159 East 2nd Street,Brooklyn, NY 11223
$1,500,000
  • 6 Beds
  • 6 Baths
  • 4,320 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Jan 04
    02:00 pm - 03:00 pm
Listed by: michelle j. zhang
Office: re/max edge
MLS#:495013
Source:BROOKLYN

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$347.22

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1928
  • Listing ID #:495013
  • Added:140 day(s) ago
  • Updated:January 01, 2026 at 12:12 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:4,320 sq. ft.

Heating and cooling

  • Heating:Gas, Steam/Radiator

Structure and exterior

  • Roof:Rubber
  • Year built:1928
  • Building area:4,320 sq. ft.
  • Lot area:0.05 Acres

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$347.22
Copyright 2026 OneKey MLS. All rights reserved. Listings courtesy of One Key MLS as distributed by MLS GRID<lastMLSCheckTimestamp>. One Key MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. One Key MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of One Key MLS.

New listings near 2159 East 2nd Street