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Six-Unit Apartment Building
For Sale
$900,000

354 E 21st St, New York, NY 10010

Three market-rent and three rent-stabilized residences occupy a three-story building with a basement and one vacant ground-floor apartment.

Property SizeContact for details
Lot Size0.05 Acres
Days on Market109

Property Features for 354 E 21st St

General Information

Standard status Active
Lot size 0.05 Acres
Zoning C-2
Net Operating Income $73,380

Property Condition

Severity Repairs Needed
Evidence deferred maintenance

Financials

Cap Rate 8.15%
Gross Income $134,915

Additional Details

Public Transit Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $15,353

Building Details

Buildings 1
Stories 3
Listing Agency: RealTegrity NY LLC
Listed By: Robert J. Swiderski
Source: Exprealty
Added: May 28 Changed: Sep 10 Last Checked: Sep 13 at 10:45AM

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 RealTegrity NY LLC

Investment Insights

Based on property information with market context.

This six-unit apartment building at 354 E 21st St in New York comprises three market-rent apartments and three rent-stabilized apartments. The property is arranged across three stories with a basement, on a 20 x 100 ft lot with a 20 x 75 ft building footprint. One ground-floor apartment is vacant and is being left open for a potential owner-operator; it may also be rented after closing.

The property is zoned C-2 and includes six residential units. The offering reflects an 8.15% cap rate and includes deferred maintenance, providing a physical condition consideration for buyers evaluating the building. Its location is identified in the source information as the South Slope area of Park Slope in Brooklyn.

Key Highlights

  • Six residential units: 3 market‑rent and 3 rent‑stabilized apartments
  • 8.15% cap rate
  • 20 x 100 ft lot with a 20 x 75 ft building

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Pet Grooming Service Buffet Adult Day Care Nursing Home Parking Lot & Garage Plumbing Service

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

3,630
Businesses Nearby

Demographics for 10010, NY

33,991
Population
19,014
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
84,978
Density / Sq Mi
$156,127
Median Household Income
$109,691
Median Earnings
$3,113
Median Rent
$1,037,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Three market-rent and three rent-stabilized residences occupy a three-story building with a basement and one vacant ground-floor apartment.
Where is this apartment building located?
The property is located at 354 E 21st St New York, NY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Six residential units: 3 market‑rent and 3 rent‑stabilized apartments; 8.15% cap rate; 20 x 100 ft lot with a 20 x 75 ft building
More about this property
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