137A 22ND Street

Price Reduced to $1,750,000 - Rare Value in Greenwood Heights

137A 22nd Street Renovated Two-Family Townhouse Zoned for PS 295

Why settle for a condo when you can own an entire 2-family townhouse for less? Welcome to 137A 22nd Street, a thoughtfully updated home offering approximately 2,300 square feet across 5 bedrooms, 2 private decks, and a private backyard, just moments from Park Slope and the R train.

The expansive owner's triplex-with interior access to a finished rec room-features four true bedrooms, abundant closets, and a bright, airy layout with both northern and southern exposures. Four decorative fireplaces add warmth and character throughout, giving each level its own inviting charm.On the garden level, a well-appointed one-bedroom rental offers smart income potential or space for extended family or guests. The backyard is perfectly partitioned allowing privacy between both units.

At $1,750,000, you're paying under $760 per square foot-a steal compared to the Greenwood Heights average of $1,000-$1,100+ per square foot for newer condos and townhomes. That's real space, real equity, and real upside.

Owner's Duplex + Finished Rec Room: 4 true bedrooms, 2.5 baths, 2 decks, and direct backyard access

Garden-Level 1BR Rental: Currently generating $2,500/month ($30K/year)-equivalent to covering $450K of mortgage at 5.75% rates

Low property taxes and legal two-family zoning long-term financial flexibility

Location Perks - Perfectly situated in Greenwood near the South Slope, you're minutes from:

Roots Café

Luigi's Pizza

Battle Hill Tavern

Southside Coffee

Greenwood Cemetery, Prospect Park, and great schools including PS 295. Easy commute with the R train at 25th Street