New Listing - 05/28/2026
354 E 21st Street, Brooklyn, NY, 11226
1925
This 6-family w/ 3 Market Rent and 3 Rent Stabilized apartments delivers strong, reliable cash flow with an 8.15% cap rate, offering a compelling return in today's market. This prime investment opportunity is located in the South Slope area of Park Slope! Monthly Rent Roll: $11,244 | Annual Rent Roll: $134,915 | Annual Expenses: $61,535 | NOI: $73,380 Lot: 20 x 100 ft | Building: 20 x 75 ft | 3 Stories + Basement | Zoning: C-2 | 6 Residential Units | Rent Stabilized. 1 apartment on the ground floor has become vacant and will remain so, incase a buyer wishes to be owner operated. Otherwise it can be immediately rented out upon closing. The property has deferred maintenance and is priced accordingly, representing a straightforward income play for an experienced investor or owner-operator comfortable with a building that requires attention. Income is consistent, making this a steady cash-flowing asset in one of Brooklyn's most sought-after and transit-accessible neighborhoods. All information deemed reliable but not guaranteed. Buyers to perform their own due diligence.
Status:
Active
Type:
Commercial
Units:
6
Heating:
Natural Gas
Cooling:
Wall/Window Unit(s)
Basement:
Bilco Door(s)
Parking:
On Street
Acreage:
0.05
Est. Taxes:
$15,353
Assessment
$1,177,200
Construction
Brick
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
School District:
Contact Agent
MLS #:
1006016
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of RealTegrity NY LLC 917-623-8874