354 21st St - Apartments FOR SALE


Brooklyn, NY 11215- South Slope
$900,000 USD
917-623-8874
354 21st St, Brooklyn, NY for Sale
$900,000 USD
Apartments - FOR SALE
1/5
null | 8.15% Cap Rate

354 21st St
Brooklyn, NY 11215
South Slope


OVERVIEW

Sorry, no more showings. Offer accepted and multiple back up offers 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: $73,380 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.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$200 USD /SF

# OF UNITS

6

PRICE/UNIT

$150,000

CAP RATE

8.15%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R6

APN/PARCEL ID

00898-0037

ASK ABOUT THIS PROPERTY

Robert SwiderskiRealTegrityMore Info
917-623-8874

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Robert SwiderskiRealTegrityMore Info
917-623-8874

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