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Eight-Unit Apartment Building
New
For Sale
$2,650,000

344 21st Street, Brooklyn, NY 11215

COMMERCIAL - Brooklyn, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market4

Property Features for 344 21st Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Multi-Family
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 2, Bathroom 4, Bathroom 1, Bathroom 6, Bathroom 3, Bathroom 8, Bathroom 5, Bathroom 7
Subdivision Sunset Park
View City
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 18174

Utilities

Heating system Natural Gas, Steam
Water source Public

Building Details

Year built 1931
Floors in Building 4
Flooring type Laminate, Hardwood
Building materials Masonite
Roof type Flat
Listing Agency: EMPIRE STATE REALTY GROUP
Listed By: Aldo Iemma · License #10311208950
Added: Aug 7 Last Checked: Aug 10 at 5:06PM
MLS# 11925007

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 8-family walk-up apartment property was built in 1931 and includes six rent-stabilized apartments plus two free-market units. Each apartment is arranged with two bedrooms, a living room, dining room, kitchen, and full bathroom. Improvements include a 4-year-old roof, new boiler, updated electrical system, double-pane windows, an Energy Star furnace and water heater, and a programmable thermostat. A full basement with Bilco doors provides additional building utility.

The property is located at 344 21st Street in Brooklyn’s South Park neighborhood, near schools, shopping, restaurants, parks, and public transportation. The lot measures 0.0574 acres, and the building has public water service. The fourth-floor apartment includes city views.

Key Highlights

  • 8‑family walk‑up with six rent‑stabilized and two free‑market apartments
  • Each apartment includes 2 bedrooms, living room, dining room, kitchen, and full bath
  • Built in 1931 on a 0.0574‑acre lot

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Catering Service Nursing Home Accounting Firm

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

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

3,630
Businesses Nearby

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

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 - Updated building systems support a stabilized and free-market apartment mix.
Where is this apartment building located?
The property is located at 344 21st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 8‑family walk‑up with six rent‑stabilized and two free‑market apartments; Each apartment includes 2 bedrooms, living room, dining room, kitchen, and full bath; Built in 1931 on a 0.0574‑acre lot
More about this property
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