Spacious Brooklyn Multi-Family
2487 E 21st Street Brooklyn, NY 11235
2487 E 21st Street, Brooklyn, NY, 11235
$1,599,000
For Sale
$1,599,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,840 SF
Lot Size0.06 Acres
Price / SF$416.41
Days on Market153
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 4, Bedroom 6, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 7, Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 1
- 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
- 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
1703 86 Street, Brooklyn, NY
Listed by
Meijuan (Minnie) Lin
(718) 382-0001
Added: Feb 14 Checked: Jul 17 at 1:06 am
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.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Full‑brick 3‑family home built in 1930 with approx. 3,840 sqft of interior living space
- Set on a 25×100 lot with a 20×64 building size
- 7 bedrooms and 3 full bathrooms across three units
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
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
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: Full‑brick 3‑family home built in 1930 with approx. 3,840 sqft of interior living space; Set on a 25×100 lot with a 20×64 building size; 7 bedrooms and 3 full bathrooms across three units
