Welcome to this beautifully fully renovated two-family attached brick home in the heart of East New York, Brooklyn. This impressive property offers two spacious units, each featuring 4 generously sized bedrooms and 1.5 bathrooms, making it perfect for strong rental income potential.
Each floor is thoughtfully designed with high ceilings, elegant wooden floors throughout, and modern finishes, creating a bright and inviting living space. The home also features brand new appliances, adding both style and convenience for today’s lifestyle.
The full basement with high ceilings and a separate outside entrance offers incredible additional space, perfect for storage, recreation, or future possibilities.
Located in a rapidly growing neighborhood, this property sits in one of Brooklyn’s most evolving areas. East New York has seen significant investment in housing, infrastructure, and community development, making it an increasingly attractive place to live and invest .
You’ll enjoy: • Easy access to public transportation for a smooth commute • Close proximity to shopping, grocery stores, restaurants, and daily essentials • Nearby parks and green spaces like Shirley Chisholm State Park for outdoor activities • A vibrant and diverse community with strong cultural roots • Abundance of schools, childcare, and healthcare facilities in the area
This property is a great opportunity for first-time home buyers looking to live in one unit while renting the other, or for investors seeking solid cash flow potential in a high-demand rental market.
Don’t miss this chance to own a versatile, income-producing property in a growing Brooklyn neighborhood.
Listed by Mohammad M. Rahman CBR
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Max It Realty
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516-841-2233
Last updated March 25, 2026
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Source: OneKey #975025
Listing Facts
TypeMulti-family
NeighborhoodCypress Hills
Bedrooms8
Bathrooms5
Days on Prevu13
Taxes$5,477.68/year
Location
Mortgage Calculator
Listing History
03/23/2026
Price Decreased
$1,225,000
03/22/2026
Listed by Max It Realty
$2,225,000
Estimated Closing Costs
Total
$46,128
Attorney Fees
$4,000
NYC Mansion Tax
$12,250
Title Insurance
$5,513
Bank Attorney
$1,500
Mortgage Recording Tax
$18,865
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,225,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 22 Chestnut Street
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Year Built: 1901
Construction Materials: Brick
Features
Fencing: Fenced
Measurements
Building Area Total: 2,048
Building Area Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 1,880
Financial
Taxes
Parcel Number: 04103-0036
Tax Annual Amount: $5,477.68
Tax Assessed Value: $56,880.00
Tax Year: 2025
Interior
Features
Flooring: Hardwood
Interior Features: First Floor Bedroom, First Floor Full Bath, Granite Counters, High Ceilings, Natural Woodwork
Rooms
Basement: Finished, Full, Walk-Out Access
Has Basement: Yes
Bathrooms Full: 5
Bathrooms Total Integer: 5
Bedrooms Total: 8
Parking
Parking
Parking Features: On Street
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available, Sewer Available
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 8 bedrooms and 5 bathrooms in this multi-family home at 22 Chestnut Street.
What are the annual taxes for 22 Chestnut Street?
Annual taxes for this multi-family home are estimated at $5,477.
How does 22 Chestnut Street compare to other multi-family homes in Cypress Hills?
This multi-family home is listed 17% above the average price for multi-family homes in Cypress Hills and has been on the market for 111 less days than the typical home in this area.
22 Chestnut Street is a 8-bedroom, 5-bath multi-family home for sale in Brooklyn NY 11208. On Prevu for 13 days at $1,225,000. This includes a recent price decrease of $1,000,000. This home is located in Cypress Hills. The median listing price for multi-family homes in this area is $899,900. Browse more multi-family home listings in New York.
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Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.