344 21st Street, Brooklyn, New York 11215

$2,650,000
16
BD

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List Price
$2,650,000
Status
ACTIVE
MLS#
503201
Bedrooms
16
Full-baths
8

Property Description

Investor's Delight! Exceptional opportunity to own an income-producing 8-family brown brick walk-up in the heart of the historic South Park Slope/Greenwood Heights 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.

Additional Information

Stories
4
Lot Size
2,500
Flooring
Hardwood
Basement
Full, Separate Entrance
Heating
Gas

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Listing courtesy of Empire State Realty Group.