Full-Brick Triplex with Finished
For Sale
$1,599,000
2487 E 21st Street, Brooklyn, NY 11235
MULTI_FAMILY - Brooklyn, NY
Property Size3,840 SF
Lot Size0.06 Acres
Price / SF$416.41
Days on Market169
Property Features for 2487 E 21st Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R4
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bathroom 3, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 2
Interior features
Refrigerator, Stove
Basement
Finished, Full
Subdivision
Sheepshead Bay
Standard status
Active
Size
3,840 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
8272
Building Details
Year built
1930
Floors in Building
3
Number of units
3
Flooring type
Hardwood
Building materials
Brick
Architectural style
Other
Listing Agency:
Momentum Real Estate LLC
(718) 382-0001
Listed By:
Meijuan (Minnie) Lin · License #10401310408
(718) 382-0001
Added: Feb 14
Changed: Jul 30
Last Checked: Aug 2 at 2:06AM
MLS# 499008
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This full-brick triplex offers a versatile three-unit layout with 3,840 square feet of interior living space. The home includes 7 bedrooms and 3 full bathrooms, with the first floor configured as a spacious duplex featuring 3 bedrooms and 1 full bathroom. A finished basement adds additional functional space and includes both front and rear separate entrances.
The second-floor unit features 2 bedrooms and 1 full bathroom, and the third-floor unit also features 2 bedrooms and 1 full bathroom. The property is built on a 25*100 lot with a 20*64 building size and includes shared driveway access.
Built in 1930 and finished with hardwood flooring, the home includes interior features such as a refrigerator and stove. The property’s residential configuration and R4 zoning support flexible use for both owner-occupants and income-focused buyers.
The second-floor unit features 2 bedrooms and 1 full bathroom, and the third-floor unit also features 2 bedrooms and 1 full bathroom. The property is built on a 25*100 lot with a 20*64 building size and includes shared driveway access.
Built in 1930 and finished with hardwood flooring, the home includes interior features such as a refrigerator and stove. The property’s residential configuration and R4 zoning support flexible use for both owner-occupants and income-focused buyers.
Key Highlights
- 0.0574‑acre lot size
- 2064 building size on a 25100 lot
- 3,840 SF interior living space
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $195.8k | $51.00 |
| − Vacancy | −$3.7k | −$0.97 |
| EGI | $192.1k | $50.03 |
| − OpEx | −$57.6k | −$15.01 |
| NOI | $134.5k | $35.02 |
3,840 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.92M
$1.68M – $2.24M
NOI $134,483 @ 7.0% cap · market cap 8.41%
Second Best
Apartment 5plus
$1.67M
$1.47M – $1.95M
NOI $117,231 @ 7.0% cap · market cap 7.33%
Theoretical Best
Specialty Retail
$3.18M
$2.78M – $3.71M
NOI $222,566 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,053
Businesses Nearby
Explore this area
Business Placement
Demographics for 11235, NY
88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - R4-zoned full-brick triplex featuring a finished basement with separate front and rear entrances and shared driveway access.
Where is this triplex located?
The property is located at 2487 E 21st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: 0.0574‑acre lot size; 20*64 building size on a 25*100 lot; 3,840 SF interior living space
