344 21st Street Brooklyn, NY 11215

Other MLS #: 1054041 Courtesy Of Empire state Realty Group NY

Property InformationDescription

Investor's Delight! Exceptional opportunity to own an income-producing 8-family brown brick walk-up in the heart of the historic South Park neighborhood. Built in the 1930s, this well-maintained property features six rent-stabilized apartments and two free-market apartments, offering an excellent balance of stable income and future growth potential. Each spacious apartment includes two bedrooms, a living room, dining room, kitchen, and full bath, with the fourth-floor apartment boasting beautiful city views. Building improvements include a 4-year-old roof, a new boiler, updated electrical system, double-pane windows, an Energy Star furnace and water heater, a programmable thermostat, and a full basement with Bilco doors. Conveniently located near schools, shopping, restaurants, parks, and public transportation, this is an outstanding opportunity for investors seeking steady cash flow and long-term appreciation. Ideal for a 1031 Exchange buyer or anyone looking to expand their investment portfolio with a solid Brooklyn multifamily asset in a highly desirable location.

Features

  • Age: Over 50 Years Old
  • Amenities: Basement
  • Building Units: 8
  • Cooling System: Window Unit(s)
  • Cooling System: Wall/Window Unit(s)
  • Exterior Type: Brick
  • Floors: 4
  • Heating System: Radiant
  • MLSID: 1054041
  • Rooms: Basement

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344 21st Street, Brooklyn, NY 11215
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