2249 E 21st St - Apartments FOR SALE


Brooklyn, NY 11229- Sheepshead Bay
$10,700,000 USD
347-488-6474
2249 E 21st St, Brooklyn, NY for Sale
$10,700,000 USD
Apartments - FOR SALE
1/16
null | 6.61% Cap Rate

2249 E 21st St
Brooklyn, NY 11229
Sheepshead Bay


HIGHLIGHTS

  • building for sale
  • fully occupied
  • prime area
  • well maintained

OVERVIEW

An exceptional investment opportunity, this fully occupied residential rental property offers stable income in a sought-after location. Well-maintained and thoughtfully managed, the building features high tenant retention and strong rental demand. Situated in a desirable neighborhood with convenient access to local amenities, public transportation, and major thoroughfares, this property ensures long-term value appreciation. Ideal for investors seeking a turnkey asset with reliable cash flow. 48 units (all are rent stabilized) Fully occupied Well maintained Recently upgraded building Income $1,008,912 Expenses $300,822 NOI $708,090

FOR SALE DETAILS

PRICE

$10,700,000 USD

PRICE/SF

$238 USD /SF

# OF UNITS

47

PRICE/UNIT

$227,660

CAP RATE

6.61%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1939

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,001 SF

ZONING

R4

APN/PARCEL ID

07354-0042

ASK ABOUT THIS PROPERTY

Anna SobolevaRemax EdgeMore Info
347-488-6474

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Anna SobolevaRemax EdgeMore Info
347-488-6474

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.