Andrew Petrie

354 E 21st Street, Brooklyn, NY 11226

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Property Description

Sorry, no more showings. An offer has been accepted and multiple back up offers are in place. The status will be changed to pending after contracts are signed. 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: $73,380Lot: 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.

354 E 21st Street | MLS# 1006016

This commercial property located at 354 E 21st Street, Brooklyn, NY 11226 is currently listed for sale with an asking price of $900,000. E 21st Street is located within the Contact Agent school district. Search Brooklyn real estate on andrew-petrie.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial -
Basement: Bilco Door(s)
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.05 Acres
Taxes: $15,353
Year Built: 1925

Feature Descriptions

Building Area Total: 27246
Cap Rate: 8
Days on Site: 17
Exterior: Brick
On Market Date: 2026-05-28
Parcel Number: 05124-0051
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 6
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public

Local Schools

School District: Contact Agent

Demographics

Listed By / Shown By

Listing By

Agency Name: RealTegrity NY LLC
Agency Contact: 917-623-8874

Shown By

Agent Name: Andrew Petrie
Agent Phone: (518) 222-5758 Cell
Agency Title: Coldwell Banker Prime Properties

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