25 E 21st Street Brooklyn, NY $ 2,575,000
25 E 21st Street
$ 2,575,000
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25 E 21st Street

Brooklyn, NY, 11226
$ 2,575,000
Baths0.0 Sq 4,950

Monthly Estimate*

$ 17,987

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Studio

Commercial Property for sale in Brooklyn, NY

for $2,575,000. This 4,950 square foot building was built in 1915 on a lot size of 0.11.

Calling All Investors, Developers & End-Users!!! 100% Occupied 8.36 Cap 12 Unit Apartment Building In Brooklyn For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong R7A Zoning, 6 Parking Spaces, High 10' Ceilings, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just 1 1/2 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 (2 Br., 1 Bath): $15,334.92 Ann.; Lease Exp.: 5/31/24. Apt. 1B (2 Br. 1 Bath): $14,760 Ann.; Lease Exp.: 5/31/24. Apt. 1C (3 Br. 1 Bath): $17,371.68 Ann.; Lease Exp.: 7/31/25. Apt. 2A (2 Br. 1 Bath): $14,858.88 Ann.; Lease Exp.: 6/30/25. Apt. 2B (3 Br. 1 Bath): $40,242.72 Ann.; Lease Exp.: 7/31/24. Apt. 2C (3 Br. 1 Bath): $17,760.24 Ann.; Lease Exp.: 6/30/24. Apt. 3A (2 Br. 1 Bath): $21,195.48 Ann.; Lease Exp.: 1/31/24. Apt. 3B (2 Br. 1 Bath): $17,525.64 Ann.; Lease Exp.: 2/28/24. Apt. 3C (3 Br. 1 Bath): $20,124.72 Ann.; Lease Exp.: 3/31/24. Apt. 4A (2 Br. 1 Bath): $19,535.52 Ann.; Lease Exp.: 4/30/24. Apt. 4C (3 Br. 1 Bath): $16,588.68 Ann.; Lease Exp.: 6/30/24. Apt. 4F (2 Br. 1 Bath): $41,940 Ann.; Lease Exp.: 8/31/24. Gross Income: $257,238.48 Ann. Expenses: Heat: $5,512 Ann. Electric: $2,721 Ann. Maintenance & Repairs: $1,737 Ann. Water & Sewer: $7,213 Ann. Insurance: $12,395.24 Ann. Taxes: $12,484 Ann. Total Expenses: $42,062.24 Ann. Net Operating Income (NOI): $215,176.24 Ann. (8.36 Cap!!!)

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Commercial Active

Price

$ 2,575,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,484

Style

Lot Size

0.11

Year Built

1915

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

3505325

Features
General
Standard Status Active
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* Excluded Features
List By
Richard Matt Shane

Listing Agent

All Island Estates Realty Corp

Broker

matthewshane8828@gmail.com

Email

Affordability Calculator

$19,027
Per Month
95%
5%
0%
Monthly Principal & Interest
$17,987
Monthly Property Taxes
$1,040
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/30/2023$2,575,000 -4.20% Price Down
10/20/2023$2,688,000 -6.93% Price Down
9/19/2023$2,888,000 Listed Price

Map


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25 E 21st Street, Brooklyn, NY, 11226 is a Commercial Property for sale at $2,575,000 with 4,950 sqft and a lot size of 0.11. 25 E 21st Street is a studio with 0.0 baths and was built in 1915. The property's zip code is 11226 which is in Brooklyn, NY