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For SaleLuxury

$2,650,000

27 days on market

344 21st Street

Brooklyn, NY 11215

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1931

Built

Listing narrative

Description

Investor's Delight! Exceptional opportunity to own an income-producing 8-family brown brick walk-up in the heart of the historic South Park neighborhood. Built in the 1930s, this well-maintained property features six rent-stabilized apartments and two free-market apartments, offering an excellent balance of stable income and future growth potential. Each spacious apartment includes two bedrooms, a living room, dining room, kitchen, and full bath, with the fourth-floor apartment boasting beautiful city views. Building improvements include a 4-year-old roof, a new boiler, updated electrical system, double-pane windows, an Energy Star furnace and water heater, a programmable thermostat, and a full basement with Bilco doors. Conveniently located near schools, shopping, restaurants, parks, and public transportation, this is an outstanding opportunity for investors seeking steady cash flow and long-term appreciation. Ideal for a 1031 Exchange buyer or anyone looking to expand their investment portfolio with a solid Brooklyn multifamily asset in a highly desirable location.

Listing agent (MLS): Waqas Azhar · Listing brokerage (MLS): Empire State Realty Group NY

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,650,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Multi Family

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

2,505 sqft

Year

1931

Status

For Sale

Days on Market

27

· 8% down, 7% APR, 30yr fixed
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Courtesy of Empire State Realty Group NY

344 21st Street, Brooklyn | Keller New York