Financial
Distress signals
Property profile

2721 E 21St St Brooklyn, NY 11235

FOR SALE
Other apartment buildings
Property ID
US63-3869703
4,760 SF 0.13 ac lot Built 2021
Last sale Apr 2017 · $825,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A newly constructed, vacant six-family residential building exceeding 6,000 square feet, located in the Sheepshead Bay area near the B and Q train lines, Sheepshead Bay Road, Emmons Avenue, Belt Parkway, schools, and supermarkets. The structure is arranged with three floors, each containing two apartments—one one-bedroom and one two-bedroom unit—with balconies. The building has separate utility meters for gas and electricity and includes heated floors and split-system heating and cooling units

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$51k
Tax billed · 2024
Assessed value$509k
Assessed land$126k
Assessed improvement$383k
Effective rate10.09%

Value estimate

· Sep 2026
$285k
$257k – $314k
Submarket $/SF estimate$446k
NOI build-up
Gross scheduled income$340k
Vacancy & credit loss−$7k
Operating expenses−$150k
NOI · 4.59% cap applied$183k

Realmo valuation models over county records and 53 qualifying comparable sales.

Recently sold

What actually traded nearby?
$160/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$135 – $184
Qualifying comparables53

Cap rate analysis

How does the asset earn?
4.59%
$183k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R4
This district is designed to provides for moderate density housing with a mix of residential building types, except for zero lot line bui...
General categoryRESIDENTIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency36.2
Parking Facility30.6
Catering Service12.4

Location

2721 E 21St St Brooklyn, NY 11235
County assessor Recorded deeds · 2 transfers 53 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3038 Brighton 14th, Brooklyn, NY 11235-5544 $1,150,000 Feb 2026 2,698 SF
2478 11th, Brooklyn, NY 11235-3442 $768,778 May 2025 10,073 SF
367 Neptune, Brooklyn, NY 11235-8011 $821,551 Nov 2024 6,075 SF
3049 Brighton 4th, Brooklyn, NY 11235-6444 $848,500 Sep 2023 1,728 SF
3048 Brighton 14th, Brooklyn, NY 11235-5562 $1,175,000 Sep 2023 2,698 SF
1715 Voorhies, Brooklyn, NY 11235-3628 $950,000 Nov 2022 4,224 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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