Renovated Duplex with Backyard
For Sale
$2,550,000
Pending
253 21st St, Brooklyn, NY 11215
Residential Income, Brooklyn, NY
Property Size2,724 SF
Lot Size0.05 Acres
Days on Market187
Property Features for 253 21st St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 1
Subdivision
Greenwood Heights
Standard status
Pending
Size
2,724 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6515
Utilities
Heating system
Natural Gas
Amenities
granite kitchens
stainless steel appliances
original details
modern bathrooms
skylights
fireplaces
backyard with deck
full basement with separate entrances
tin ceilings
newer roof
split A/C units
updated electrical and plumbing
Building Details
Year built
1901
Floors in Building
3
Flooring type
Hardwood, Tile
Building materials
Aluminum
Roof type
Flat
Architectural style
Other
Listing Agency:
REMAX REAL ESTATE PROFESSIONALS
(718) 887-5708
Listed By:
Vito Angelo · License #VITLO524
(718) 532-2000
Added: Apr 7
Changed: Oct 1
Last Checked: Oct 10 at 8:06PM
MLS# 11687118
Copyright © 2026 My State MLS. 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 2,724-square-foot, three-story residential property was built in 1901 and is currently arranged as a duplex. The third floor contains a two-bedroom rental unit, while the first and second floors form an owner’s residence with three to four bedrooms and two full bathrooms. The layout can also be converted to its original three-family configuration or used as a single-family home.
Interior features include granite kitchens with stainless steel appliances, modern bathrooms, hardwood and tile flooring, skylights, tin ceilings, fireplace mantels, and split A/C units. The property also includes a full basement with high ceilings and separate entrances, updated electrical and plumbing systems, a newer flat roof, and a backyard with a deck. Located in Brooklyn, NY 11215, the property occupies approximately 0.046 acres and is accessible to Park Slope, South Slope, Greenwood Heights, and Sunset Park.
Interior features include granite kitchens with stainless steel appliances, modern bathrooms, hardwood and tile flooring, skylights, tin ceilings, fireplace mantels, and split A/C units. The property also includes a full basement with high ceilings and separate entrances, updated electrical and plumbing systems, a newer flat roof, and a backyard with a deck. Located in Brooklyn, NY 11215, the property occupies approximately 0.046 acres and is accessible to Park Slope, South Slope, Greenwood Heights, and Sunset Park.
Key Highlights
- 2,724 SF, three‑story residential property built in 1901
- Currently configured as a duplex with a two‑bedroom third‑floor unit
- Owner’s duplex includes 3‑4 bedrooms and 2 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,399
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,907,980
$1.9M
Cap Rate 7%
$1,362,843
$1.4M
Cap Rate 9%
$1,059,989
$1.1M
Market Conditions
NOI Build-Up for 2,724 SF
Gross rent
$138.9K $51.00/SF
− Vacancy
−$2.6K −$0.97/SF
EGI
$136.3K $50.03/SF
− OpEx
−$40.9K −$15.01/SF
NOI
$95.4K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,907,980
Cap Rate 7%
$1,362,843
Cap Rate 9%
$1,059,989
Alternative Uses
Best Use
Multifamily LT 5
$1.36M
$1.19M – $1.59M
NOI $95,399 @ 7.0% cap · market cap 3.74%
Second Best
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,161 @ 7.0% cap · market cap 3.26%
Theoretical Best
Specialty Retail
$2.26M
$1.97M – $2.63M
NOI $157,883 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
4,296
Businesses Nearby
Explore this area
Business Placement
Demographics for 11215, NY
67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Three-story Brooklyn property with updated systems, flexible residential configuration, and a full basement with separate entrances.
Where is this duplex located?
The property is located at 253 21st St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 2,724 SF, three‑story residential property built in 1901; Currently configured as a duplex with a two‑bedroom third‑floor unit; Owner’s duplex includes 3‑4 bedrooms and 2 full bathrooms
