343 21St St New York, NY 10010
Property Lookup
Property profile & analytics
343 21St St New York, NY 10010
- Investment properties
- 2,628 SF
- 0.02 lot acres
Property ID
US63-5873275
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Eddie's Barber Shop / Barber Shop
- uBreakiFix - Phone and Computer Repair / Computer & Electronic Repair / Tech Support Center
Property Details for 343 21St St
- Year built
- 1920
- Lot size
- 0.02 lot acres
- Property size
- 2,628 SF
- Zone code
- C16A
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 00927-0124
- APU
- 9270124
Description
This meticulously maintained 4-story, 2,628 square foot mixed-use building at 343 East 21st Street in New York, NY 10010, offers a compelling investment opportunity. Situated on a tree-lined street near Gramercy Park, the property boasts a 26.5-foot wide lot (656 sq ft) and benefits from excellent visibility near First Avenue. The building comprises five units: three free-market, three-bedroom apartments (all on yearly leases), a Ubreakifix electronics repair store (7-year lease), and a barbershop (month-to-month). The current occupancy is 100%, generating a Net Operating Income (NOI) of $161,280, with a pro-forma NOI of $194,880 and a pro-forma cap rate of 4.33%. The asking price is $4,500,000, representing a price per square foot of $1,712 and a current cap rate of 3.58%. Low maintenance costs are further enhanced by tenants paying utilities. Annual operating expenses, including taxes, are approximately $4,000 per month. The property is zoned C1-6A (R7A Equivalent), making it ideal for both investors seeking strong cash flow and end-users looking for a live/invest opportunity or pied-à-terre. This is a rare chance to acquire a well-positioned, income-producing asset in a highly desirable Manhattan neighborhood.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,395,000
- 6.5%
- $1,290,000
- 7%
- $1,195,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9798
- Latitude
- 40.7359
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$51,210
$156,097
$253,516
$409,613
-
$830,000
$1,348,000
$2,178,000
