Renovated Duplex
253 21st Street Brooklyn, NY 11215
253 21st Street, Brooklyn, NY, 11215
$2,550,000
For Sale
$2,550,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,724 SF
Lot Size0.05 Acres
Price / SF$936.12
Days on Market101
Property Features for 253 21st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 6
- Patio and Porch features
- Deck, Patio
- Interior features
- Central Air - Split, Deck, Dryer, Laundry Area, Patio Garden, Refrigerator, Stove, Terrace, Washer
- Basement
- Full
- Standard status
- Active
- Size
- 2,724 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6515
Building Details
- Year built
- 1901
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Hardwood, Ceramic, Tile
- Building materials
- Wood Frame
- Roof type
- Flat
Listing agency
RE/MAX Real Estate Professiona
(718) 532-2000
Listed by
Billy Apter · License #BEA5721
(718) 532-2000
Added: Apr 13 Updated: Jul 15 at 2:38PM Checked: Jul 22 at 5:06AM
MLS# 500420
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 beautifully renovated, 3-story, 3-family home is meticulously maintained and currently configured and utilized as an extra-spacious 2-family. The interior features granite kitchens with stainless steel appliances, modern bathrooms, bright skylights, tall tin ceilings, and mantled fireplaces, along with newer split A/C units, updated electrical and plumbing, and a newer roof.
As currently set up, the property includes a 2-bedroom rental unit on the 3rd floor over an owners duplex spanning the 1st and 2nd floors with approximately 3–4 bedrooms and 2 full bathrooms. A full, high-ceiling basement with separate entrances provides additional space, and the home includes a deep backyard with a deck.
Zoned R6B, the layout can also be used as a large single-family home or converted back to its original 3-family configuration.
As currently set up, the property includes a 2-bedroom rental unit on the 3rd floor over an owners duplex spanning the 1st and 2nd floors with approximately 3–4 bedrooms and 2 full bathrooms. A full, high-ceiling basement with separate entrances provides additional space, and the home includes a deep backyard with a deck.
Zoned R6B, the layout can also be used as a large single-family home or converted back to its original 3-family configuration.
Key Highlights
- 20‑foot‑wide, 3‑story home built in 1901, originally configured as a 3‑family and currently set up as a 2‑family
- Current layout: 2‑bedroom rental unit on the 3rd floor over a 1st- and 2nd‑floor owners duplex with 3–4 bedrooms and 2 full bathrooms
- Full basement with high ceilings and separate 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 | $138.9k | $51.00 |
| − Vacancy | −$2.6k | −$0.97 |
| EGI | $136.3k | $50.03 |
| − OpEx | −$40.9k | −$15.01 |
| NOI | $95.4k | $35.02 |
2,724 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - 3-story home renovated and currently configured as a spacious 2-family with bright skylights and a backyard deck.
Where is this duplex located?
The property is located at 253 21st Street 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: 20‑foot‑wide, 3‑story home built in 1901, originally configured as a 3‑family and currently set up as a 2‑family; Current layout: 2‑bedroom rental unit on the 3rd floor over a 1st- and 2nd‑floor owners duplex with 3–4 bedrooms and 2 full bathrooms; Full basement with high ceilings and separate entrances
