344 21st Street
344 21st Street, 11215
344 21st Street
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.
Property details
- Full bathrooms
- 8
- Flooring
- Laminate, Hardwood
- Furnished
- Unfurnished
- Stories
- 4
Listed by: Aldo Iemma, EMPIRE STATE REALTY GROUP,
Source: New York State MLS, MLS# 11925007
Copyright My State MLS. All rights reserved. Information is deemed reliable but not guaranteed
- Basement
- Walk-Out Access, Unfinished, Bilco Doors
- Year built
- 1931
- Renovation details
- 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.
- Construction materials
- Masonite
- Roof
- Flat
- Heating
- Steam, Natural Gas
- Water source
- Public
- Sewer
- Other
- Lot size
- 2,500 sq ft
- View
- Street, City
- Annual taxes
- $18,174
- Tax year
- 2025
- Original list price
- $2,650,000
- Available from
- August 7, 2026
- Zoning
- Multi-Family
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