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2159 E 2nd Street
Brooklyn NY 11223 US

$1,500,000

Active Listing ID 495013
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6 bed
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6.00 Bath (6 Full)
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Lot: 0.05 Acres
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Other

$1,500,000

Active Listing ID 495013
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2159 E 2nd Street 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.

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Property Features

  • Facts
  • Lot Size: 0.05 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 6
  • Floor Covering: Hardwood, Tile
  • Roof Type: Rubber
  • Heating Fuels: Natural Gas, Other (Heating), Steam
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1500000
  • unparsedaddress: 2159 E 2nd Street
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11223
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0459
  • lotsizeunits: Acres
  • lotsizearea: 0.0459
  • livingarea: 4320
  • livingareaunits: Square Feet
  • latitude: 40.59671
  • longitude: -73.969208
  • listagentfullname: Michelle J. Zhang
  • listagentemail: michellezhangremax@gmail.com
  • listagentkey: 3yd-BMLSNY-mz4172
  • listagentmlsid: mz4172
  • listagentpreferredphone: (718) 612-3088
  • listagentofficephone: 7186123088
  • listofficekey: 3yd-BMLSNY-118210
  • listofficemlsid: 118210
  • disclaimer: Copyright © 2026 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.
  • sourcesystemid: BMLSNY
  • yearbuilt: 1928
  • listingcontractdate: 2025-08-13
  • listagenturl: https://www.remaxedgeny.com/
  • countyorparish: Kings (Brooklyn)
  • constructionmaterials: Brick
  • flooring: Hardwood, Tile
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • roof: Rubber
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • interiorfeatures: Refrigerator, Stove
  • rooms: Bedroom 6, Bathroom 2, Bedroom 5, Bathroom 1, Bathroom 6, Bathroom 4, Bedroom 1, Bathroom 5, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 3
  • basement: Full, Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.96921, 40.59671
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Womcore LLC dba Remax Edge", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"michellezhangremax@gmail.com", "ListBrokerageCity":"Brooklyn", "ListBrokerageCountry":"US", "ListBrokerageEmail":"contact@remaxedgeny.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Womcore LLC dba Remax Edge", "ListBrokeragePhone":"(718) 612-3088", "ListBrokeragePostalCode":"11214", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1812 Bath Avenue", "ListBrokerageWebsiteUrl":"https://www.remaxedgeny.com/", "ListOfficeAddress1":"1812 Bath Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"118210", "ListOfficeCity":"Brooklyn", "ListOfficeCountry":"USA", "ListOfficeEmail":"michaelnapolitano@remaxedgeny.com", "ListOfficePostalCode":"11214", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Brooklyn, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2159-E-2nd-St_Brooklyn_NY_11223_M49268-41585?f=listhub&s=BMLSNY&m=495013&c=rexren", "MLSModificationTimestamp":"2026-01-30 23:04:02", "Neighborhoods":[{"Description":null, "Name":"Gravesend"}], "PostalCode":null, "RoomCount":24, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":15005, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/13/2026 10:41:54 PM GMT
Source Updated Date: 4/27/2026 12:41:47 PM GMT

Courtesy of: Michelle J. Zhang, RE/MAX Edge, michellezhangremax@gmail.com

Copyright © 2026 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.