354 E 21st ST, Brooklyn, NY 11226
354 E 21st ST, Brooklyn, NY 11226
354 E 21st ST, Brooklyn, NY 11226
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Haniff Baksh

Haniff Baksh

+1(718) 324-6060
$900,000
Est. payment /mo
2,003 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision South Slope

MLS Listing ID 1006016

Rental Info No

Year Built 1925

Annual Tax Amount $15,353

Lot Size 2,003 Sqft

Acres 0.046

Property Sub-Type Multi Family

Source onekey2

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.

Location

State NY

County Kings (brooklyn)

Rooms

Basement Bilco Door(s)

Interior

Heating Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features On Street

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

High Schools Contact Agent

School District Contact Agent

Others

Special Listing Condition None

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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by RealTegrity NY LLC • Robert J. Swiderski
Nearby Locations

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Haniff Baksh
Haniff Baksh

Broker License ID: 10311202741

+1(718) 324-6060

4627 White Plains Rd, Bronx, NY 10470, USA

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354 E 21st ST

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