For Sale

Listing Provided by All Island Estates Realty Corp

369 E 21st Street # 4,
Flatbush, NY 11226





Calling All Investors, Developers & End-Users!!! 100% 5 Unit Apartment Building In Brooklyn For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong R6A Zoning, 6 Parking Spaces, High 10' Ceilings, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just 3 Blocks From Rt. 27 Near Prospect Park Lake & The Brooklyn Museum!!! Neighbors Include UPS, FedEx, CubeSmart Self Storage, Target, ShopRite, AutoZone, Bank Of America, Optimum, Blink Fitness, Planet Fitness, Key Food, Dunkin', Walgreens, McDonald's, BP Gas, Taco Bell, Duane Reade, Dollar Tree, Five Below, Subway, National Wholesale Liquidators, Aldi, IHOP, Wendy's, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site Or A Nice Addition To Your Investment Portfolio!!! Income: Apt. 1A (1 Br., 1 Bath): $26,304 Ann.; Lease Exp.: 7/31/24. Apt. 1B (1 Br. 1 Bath): $7,905.84; Lease Exp.: 5/31/24. Apt. 2A (3 Br. 1 Bath): $20,332.56 Ann.; Lease Exp.: 5/31/24. Apt. 3A (3 Br. 1 Bath): $15,516.36 Ann.; Lease Exp.: 3/31/25. Apt. 4A (3 Br. 1 Bath): $12,726.24 Ann.; Lease Exp.: 9/30/25. Gross Income: $82,785 Ann. Expenses: Heat: $1,917.30 Ann. Electric: $700.17 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $3,500 Ann. Insurance: $5,270.66 Ann. Taxes: $22,096.20 Ann. Total Expenses: $33,734.16 Ann. Net Operating Income (NOI): $49,050.84 Ann.

Features of 369 21st Street # 4

MLS# 3505358
Price $899,000
Total Taxes $12,484
Lot Square Footage 2,362
Acres 0.05
Year Built 1911
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 369 E 21st Street # 4
City Flatbush
County Brooklyn
State NY
Zip Code 11226


Is Waterfront No
Has Pool No


Fireplace No
Has Basement No

Additional Information

Listing Provided Courtesy of: All Island Estates Realty Corp; 516-783-5600

Date Listed September 18th, 2023
Days on Market 211
Zoning R6A
Short Sale No
RE / Bank Owned No

Offer is made only to participants of the MLS where the listing is filed.

Listing Map

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