344 21st Street, Brooklyn, NY 11215

$2,650,000

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List Price
$2,650,000
Days on Market
3
MLS#
1054041
Number Of Families
8
Status
ACTIVE
Lot Size
2504

Property 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.

Additional Information

Year Built
1931
Stories
4
School District
Brooklyn 15
Total Taxes
18263
Heating
Radiant
Parking
None
Basement
Bilco Door(s), Full
Water
Public
Sewer
Public Sewer
Taxes
$18,263

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Waqas Azhar (waqasazhar.empirestate@gmail.com) from Listing Office: Empire State Realty Group NY.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.