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    Spacious Brooklyn Multi-Family Home Title is generated by Realmo AI

    2487 E 21st Street, Brooklyn, NY 11235

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    Claim this Listing
    For Sale
    $1,599,000

    MULTI_FAMILY - Brooklyn, NY

    Type:Triplex
    Property size:
    3,840 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $416/SF
    Added:
    Feb 14, 2026
    Days on Market:
    123
    Last Refresh:
    Jun 17 at 10:06 am

    Property Features for 2487 E 21st Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Zoning
    R4
    Bedrooms
    7
    Bathrooms
    3
    Rooms
    Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 7, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 5, Bedroom 4
    Interior features
    Refrigerator, Stove
    Basement
    Finished, Full
    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

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    Listing Contact
    Meijuan (Minnie) Lin

    Listing agent Meijuan (Minnie) Lin

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

    Listing date Feb 14, 2026

    MLS# 499008 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.

    HighLights

    • Large full‑brick 3‑family home built in 1930 in Sheepshead Bay, Brooklyn
    • 7 bedrooms and 3 full bathrooms across a multi‑family layout with 3 units
    • Lot size 25x100 with 20x64 building size and approximately 3,840 SF interior living space
    • First floor duplex: 3 bedrooms, 1 full bathroom, plus a finished basement with separate front and rear entrances
    • Second- and third‑floor units each include 2 bedrooms and 1 full bathroom
    • Shared driveway access; interior features include hardwood flooring, stove, and refrigerator

    Overview

    This full-brick 3-family home is located in Sheepshead Bay, Brooklyn. Built on a 25*100 lot, the building size is 20*64, offering approximately 3,840 square feet of interior living space. The property features 7 bedrooms and 3 full bathrooms across a versatile multi-family layout. The first floor is configured as a spacious duplex offering 3 bedrooms and 1 full bathroom, along with a finished basement complete with both front and rear separate entrances. The second-floor unit features 2 bedrooms and 1 full bathroom. The third-floor unit features 2 bedrooms and 1 full bathroom. Additional highlights include shared driveway access. The property is conveniently located near schools, supermarkets, restaurants, and multiple transportation options. This property is suitable for both end-users and investors.

    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 8.41%
    Second Best
    Apartment 5plus
    $1.67M
    $1.47M – $1.95M (±1% cap)
    NOI $117,231 @ 7.0% cap · market cap 7.33%
    Theoretical Best
    Specialty Retail
    $3.18M
    $2.78M – $3.71M (±1% cap)
    NOI $222,566 @ 7.0% cap · market cap 13.92%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.94861
    Latitude
    40.591738

    FAQs

    What type of property is this?
    Triplex - Rare, well-maintained 3-family home in Sheepshead Bay, Brooklyn.
    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: Large full‑brick 3‑family home built in 1930 in Sheepshead Bay, Brooklyn; 7 bedrooms and 3 full bathrooms across a multi‑family layout with 3 units; Lot size 25x100 with 20x64 building size and approximately 3,840 SF interior living space
    More about this property
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