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New Construction Multifamily in Brooklyn
For Sale
$3,990,000

2721 E 21st St, Brooklyn, NY 11235

New construction multifamily property in prime Sheepshead Bay area.

Property SizeContact for details
Lot Size0.14 Acres
Days on Market259

Property Features for 2721 E 21st St

General Information

Standard status Active
Lot size 0.14 Acres
Property subtype Multi Family

Building Details

Year Built 2022
Listing Agency: A P Services Inc
Listed By: Aliaksei A. (Alex) Palaukou · License #AP8095
Source: Elliman
Added: Nov 27, 2025 Changed: Jul 6 Last Checked: Aug 12 at 5:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of A P Services Inc

Investment Insights

Based on property information with market context.

This is a new construction, vacant six-family house with over 6000 square feet. There is a possibility to convert the property into condo apartments to increase its value. Each of the three floors features two apartments, consisting of one one-bedroom and one two-bedroom unit, each with balconies. The building has separate meters for gas and electricity. Heated floors and split system units are installed in each room. Every apartment includes one parking spot and storage space. The property is located in the Sheepshead Bay area, close to the B and Q train lines, Sheepshead Bay Road, Emmons Avenue, Belt Parkway, schools, and supermarkets.

Key Highlights

  • New construction 6‑family house (over 6000 sqft) with condo conversion potential.
  • Prime Sheepshead Bay location, close to transportation (B and Q train), shopping, and schools.
  • Each apartment includes a balcony, parking spot, and storage space.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Nursing Home Auto Parts Store Catering Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,113
Businesses Nearby

Demographics for 11235, NY

88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - New construction multifamily property in prime Sheepshead Bay area.
Where is this apartment building located?
The property is located at 2721 E 21st St Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,990,000.
What are key features of this property?
This property features: New construction 6‑family house (over 6000 sqft) with condo conversion potential.; Prime Sheepshead Bay location, close to transportation (B and Q train), shopping, and schools.; Each apartment includes a balcony, parking spot, and storage space.
More about this property
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