2159 E 2nd St
Brooklyn, NY 11223
Gravesend- 6 Beds
- 6 Baths
- 4,320 sqft
6 Beds
6 Baths
4,320 sqft
Local Information
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Description
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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Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
$347
Listed
180+ days ago
Last check for updates: about 2 hours ago
Listing by: Remax Edge, (646) 937-2188
Michelle Zhang
Source: StreetEasy, MLS#S1785324
Also Listed on BNYMLS.
Home Details for 2159 E 2nd St
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MLS Status: Active |
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Interior Details Number of Rooms: 24 |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 6Number of Bathrooms (full): 6 |
Dimensions and Layout Living Area: 4320 Square Feet |
View No View |
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Days on Market: 180+ |
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Year Built Year Built: 1928 |
Property Type / Style Property Type: ResidentialProperty Subtype: Rental Unit |
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Price List Price: $1,500,000Price Per Sqft: $347 |
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Direction & Address City: BrooklynCommunity: Gravesend |
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Listing Agent Listing ID: S1785324 |
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Building Area Building Area: 4320 Square Feet |
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HOA Fee: No HOA Fee |
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Special Conditions: Resale |
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Mls Number: S1785324Listing Url |
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STREETEASY Property ID: 1004906STREETEASY Building ID: 262032 |
Price History for 2159 E 2nd St
| Date | Price | Event | Source |
|---|---|---|---|
| 08/13/2025 | $1,500,000 | Listed For Sale | BNYMLS #495013 |
| 01/22/2023 | ListingRemoved | BNYMLS #464336 | |
| 01/16/2023 | $1,550,000 | Listed For Sale | BNYMLS #464336 |
| 12/15/2022 | ListingRemoved | BNYMLS #464336 | |
| 08/23/2022 | $1,550,000 | PriceChange | BNYMLS #464336 |
| 07/20/2022 | $1,600,000 | Listed For Sale | BNYMLS #464336 |
| 08/29/2020 | $1,500 | ListingRemoved | Agent Provided |
| 07/28/2020 | $1,500 | Listed For Rent | Agent Provided |
| 05/30/2020 | $1,500 | ListingRemoved | Agent Provided |
| 04/29/2020 | $1,500 | Listed For Rent | Agent Provided |
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Comparable Sales for 2159 E 2nd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.52 | Single-Family Home | $1,960,000 | 01/20/26 | 6 | 2 | 4,100 | |
0.71 | Single-Family Home | $1,430,000 | 09/06/25 | 5 | 4 | 3,186 | |
0.45 | Single-Family Home | $900,000 | 10/22/25 | 3 | 2.5 | 2,272 | |
0.36 | Single-Family Home | $750,000 | 01/06/26 | 4 | 3 | 1,104 | |
0.41 | Single-Family Home | $1,560,000 | 07/10/25 | 4 | 2.5 | 1,296 | |
0.33 | Single-Family Home | $3,100,000 | 03/24/26 | 2 | 4,875 |
Assigned Schools
These are the assigned schools for 2159 E 2nd St.
What Locals Say about Gravesend
At least 967 Trulia users voted on each feature.
85 % Say there are sidewalks
83 % Say it's walkable to grocery stores
76 % Say it's dog friendly
73 % Say streets are well-lit
72 % Say it's walkable to restaurants
60 % Say people would walk alone at night
58 % Say kids play outside
55 % Say they plan to stay for at least 5 years
54 % Say yards are well-kept
54 % Say there's holiday spirit
46 % Say it's quiet
46 % Say car is needed
43 % Say neighbors are friendly
35 % Say parking is easy
29 % Say there are community events
27 % Say there's wildlife
Learn more about our methodology.
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