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335 21St St Brooklyn, NY 11215

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For Sale
$2,095,000

Multi-family property with high rent roll and development potential.

Lot size:
0.06 Acres

Property Features for 335 21St St

General Information

Property type
Multi Family
Standard status
Active
Lot size
0.06 Acres

Building Details

Year built
1899

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Listing Contact
Jack Leguelaff
Source: Elliman

Listing Agency: Compass Listing Agent: Jack Leguelaff

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Income-Generating Multifamily Property For Sale

The multi-family property at 335 21st Street offers income potential with a high rent roll and a 6% cap rate. The property includes a rear duplex, maximizing rental opportunities on a 25x100 lot. With 2,204 sq ft of unused FAR, there is value-add potential, making it suitable for future condo development or expansion. The property is located in a rapidly growing area and benefits from low taxes. The high cap rate, combined with value-add opportunities, ensures cash flow. This property presents investment with development possibilities.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Brooklyn
County
Kings
State
New York
Longitude
-73.99
Latitude
40.659544

FAQs

What type of property is this?
Duplex - Multi-family property with high rent roll and development potential.
Where is this duplex located?
The property is located at 335 21St St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,095,000.
What are key features of this property?
This property features: - High 6% Cap Rate: Ensures strong cash flow.; - Significant Value-Add Potential: Features 2,204 sq ft of unused FAR for future development.; - Income-Producing Asset: Multi-family property with a high rent roll.
More about this property
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