330 E 22nd St 27 Unité Immeuble d’appartements À vendre Brooklyn, NY 11226

Positioned in the heart of Flatbush, Brooklyn, 330 East 22nd Street presents a rare opportunity to acquire a fully occupied, cash-flowing 27-unit multifamily asset in one of New York City’s most dynamic rental markets. This pre-war building combines historic charm with modern infrastructure, featuring a gas boiler, brand-new hot water tanks, and individual electric meters, ensuring operational efficiency and minimal deferred maintenance. The property is not subject to Local Law 33 energy requirements, adding further appeal for investors seeking compliance simplicity.
Flatbush has emerged as a cultural and economic hub, blending historic architecture with vibrant retail corridors along Flatbush and Church Avenues. Residents enjoy proximity to Prospect Park, Kings Theatre, and a thriving local dining and arts scene. With multiple subway lines nearby—including the B, Q, 2, and 5 trains—commuters benefit from seamless connectivity to Manhattan and Downtown Brooklyn.
The neighborhood’s strong fundamentals underscore this investment: an average household income of $81,084, a population exceeding 100,000, and year-over-year rent growth of 4.7% in 2024. This asset offers stable income, supported by a robust rent roll and operating expenses that reflect disciplined management. With available air rights of approximately 4,200 SF, there is potential for future development or expansion.
For investors seeking a well-maintained, income-producing property in a high-demand submarket, 330 East 22nd Street delivers enduring value and upside potential.