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354 E 21st Street, Brooklyn, NY 11226

$900,000

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BEDS0 BATHS MLS#1006016

STATUSActive PROPERTY TYPECommercial - SCHOOLContact Agent

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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: $73,380Lot: 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 www.laffey.com today.

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: 3

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

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Greenvale, NY 11548

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/01/2026. The listing information on this page last changed on 06/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/01/2026 2:36:28 AM EST) or OneKey MLS (last updated Mon 06/01/2026 1:45:26 AM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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354 E 21st Street, Brooklyn, NY 11226

Property Description

354 E 21st Street | MLS# 1006016

Property Features

Feature Descriptions

Local Schools

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354 E 21st Street, Brooklyn, NY 11226

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