Active For Sale
348 22ND Street, New York City, NY 11215
348 22ND Street, New York City, NY 11215
  • $3,000,000

Description

Greenwood Five-Unit Rental building with separated utilities:

Be ahead of the curve and find yourself invested in a smart find in one of the fastest appreciating neighborhoods in Brooklyn. Situated just off Greenwood Cemetery, this versatile multi-unit presents a rare chance for both immediate rental income and long-term upside.

The building is configured as follows:

  • A first-floor lowed duplex offering one bedroom and a large rec room with private yard access.
  • A front-facing, two-bedroom duplex occupying half of the first and second floors.
  • Two charming one bedrooms, each back facing, one with private garden access.
  • A top-floor two-bedroom/two-bathroom duplex offering excellent light and proportions and a private terrace.

All units are in great condition and have been separately metered for utilities, offering lower carrying costs for the purchaser. The current rent roll offers room for growth, and with light updates, the property’s income potential could be significantly enhanced. All apartments are free market rentals.

Income and expense statements are available upon request.

Shown by appointment only. Don’t miss this exceptional opportunity in Greenwood Heights.

  • Address 348 22ND Street
  • City New York City
  • Zip/Postal Code 11215
  • Area Greenwood Heights

Details

Updated on July 12, 2025 at 12:21 pm
  • Property ID: RLS20035267
  • Price: $3,000,000
  • Property Size: 1400 Sqft
  • Bedrooms: 7
  • Rooms: 18
  • Bathrooms: 5
  • Year Built: 1931
  • Property Type: Multi Family, Residential
  • Property Status: Active, For Sale

Additional details

  • Cooling: Central Air
  • County: Kings
  • Property Type: Residential

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