137 21st Street, Brooklyn, NY 11232

Listing agent Adam Lobel License #NY

Listing office IPRG Investment Property Realty Group

Listing date Jun 4, 2026

Source Crexi

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Overview

This five-unit apartment building is fully renovated throughout and configured for independent rental use, with all units available as free market residences. The property includes a total building area of 4,560 square feet, laid out on dimensions of 21 feet by 45 feet. The lot measures 25 feet by 100 feet, providing the footprint for this compact multifamily structure.

Located in Greenwood Heights, Brooklyn, the property is described as being within walking distance to the D, N & R train lines. The offering is positioned as an investment property sale with all units free market, and it notes very low annual taxes under $10,000. The remarks also reference the property benefiting from 2A protected class.

For buyers seeking a renovated, manageable multifamily asset, the building presents a straightforward five-unit configuration with immediate leasing flexibility, given that all units are free market. Its compact size and fully renovated condition may appeal to investors looking to reduce near-term capital considerations while maintaining a clear residential income setup within a transit-accessible Greenwood Heights location.

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

• Map
• Local Demand

City

Brooklyn

County

Kings

State

New York

Longitude

-73.996846

Latitude

40.6637

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FAQs

What type of property is this?

Apartment building - A fully renovated five-unit building with all units free market and very low annual taxes.

Where is this apartment building located?

The property is located at 137 21st Street Brooklyn, NY.

What is the asking price?

The asking price for this property is $3,000,000.

What are key features of this property?

This property features: Fully renovated 5‑unit apartment building with all units free market; Building size: 4,560 SF; dimensions 21 ft x 45 ft; Lot size: 25 ft x 100 ft