1586 East 22nd Street

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.