354 E 21st Street, Brooklyn, NY 11226
- $900,000
- List Price
- $900,000
- MLS#
- 1006016
- Number Of Families
- 6
- Status
- ACTIVE
- Lot Size
- 2003
Property Description
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.
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Additional Information
- Year Built
- 1925
- School District
- Contact Agent
- Total Taxes
- 15353
- Heating
- Natural Gas
- Parking
- On Street
- Basement
- Bilco Door(s)
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $15,353
Mortgage Calculator
Listing courtesy of Listing Agent: Robert J. Swiderski (rswiderski@realtegrityny.com) from Listing Office: RealTegrity NY LLC.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.