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Spacious Two-Family Home in Brooklyn

2483 E 21st Street Brooklyn, NY 11235

2483 E 21st Street, Brooklyn, NY, 11235
$1,550,000
For Sale
Claim this Listing
$1,550,000

MULTI_FAMILY - Brooklyn, NY

Property Size3,840 SF
Lot Size0.06 Acres
Price / SF$403.65
AddedFeb 14
Days on Market152
Last RefreshJul 16 at 9:06 am

Property Features for 2483 E 21st Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R4
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2
Parking features
Garage - Detached
Interior features
Refrigerator, Stove
Basement
Full, Finished
Standard status
Active
Size
3,840 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
8933

Building Details

Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Architectural style
Other

Listing agent Meijuan (Minnie) Lin

Listing office Momentum Real Estate LLC 1703 86 Street, Brooklyn, NY

Listing date Feb 14, 2026

MLS# 499006 Listing URL

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.

Located in Sheepshead Bay, Brooklyn, this full-brick two-family home presents an opportunity for both end-users and investors. The property, built on a 25*100 lot, features a 20*64 building with approximately 3,840 square feet of interior living space. The versatile multi-family layout includes a total of 6 bedrooms and 4 full bathrooms. The first floor is configured as a spacious duplex with 3 bedrooms and 2 full bathrooms, complemented by a finished basement that has separate front and rear entrances. The second-floor unit also features 3 bedrooms and 2 bathrooms, enhanced by a private balcony and natural light. Additional features include shared driveway access and a separate two-car garage. The property's location offers convenient access to schools, supermarkets, restaurants, and multiple transportation options, supporting comfortable day-to-day living. This property is suitable for owner-occupancy with rental income or pure investment use.

Key Highlights

  • Full‑brick 2‑family home built in 1930 with approximately 3,840 sqft of interior living space
  • Built on a 25' x 100' lot with a 20' x 64' building size
  • Duplex‑style first floor: 3 bedrooms, 2 full bathrooms, plus finished basement with separate front and rear entrances

Local 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 (±1% cap)
NOI $134,483 @ 7.0% cap · market cap 8.68%
Second Best
Apartment 5plus
$1.67M
$1.47M – $1.95M (±1% cap)
NOI $117,231 @ 7.0% cap · market cap 7.56%
Theoretical Best
Specialty Retail
$3.18M
$2.78M – $3.71M (±1% cap)
NOI $222,566 @ 7.0% cap · market cap 14.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Real Estate Agency Hotel & Motel Catering Service Bar & Pub Locksmith Nursing Home Nursing Home Coworking & Hybrid Office Bed & Breakfast

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

FAQs

What type of property is this?
Duplex - Well-maintained two-family home in Sheepshead Bay, Brooklyn.
Where is this duplex located?
The property is located at 2483 E 21st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Full‑brick 2‑family home built in 1930 with approximately 3,840 sqft of interior living space; Built on a 25' x 100' lot with a 20' x 64' building size; Duplex‑style first floor: 3 bedrooms, 2 full bathrooms, plus finished basement with separate front and rear entrances
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