344 21st Street Brooklyn, NY $ 2,650,000
344 21st Street
$ 2,650,000
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344 21st Street

Brooklyn, NY, 11215
$ 2,650,000
Bedrooms-- Baths-- Sq 5,884

Monthly Estimate*

$ 18,303

344 21st Street, Brooklyn, NY 11215 - Image 1
344 21st Street, Brooklyn, NY 11215 - Image 2
344 21st Street, Brooklyn, NY 11215 - Image 3
344 21st Street, Brooklyn, NY 11215 - Image 4
344 21st Street, Brooklyn, NY 11215 - Image 5
344 21st Street, Brooklyn, NY 11215 - Image 6

Commercial Property for sale in Brooklyn, NY

for $2,650,000. This 5,884 square foot building was built in 1931 on a lot size of 0.0575.

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.

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Commercial Active

Price

$ 2,650,000

Property Type

Commercial

Taxes

$ 18,263

Style

Multi Family

Lot Size

0.0575

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

1054041

Features
General
Sewer Public Sewer
Heating Radiant
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected
Zoning R6B
Construction Materials Brick
Year Built 1931
Property Subtype Multi Family
Tax Year 2026
Parcel Number 00898-0034
Gross Income 151044
County Kings (Brooklyn)
Insurance Expense 18000
Property Type Commercial Sale
City New York
High School District Brooklyn 15
Number Of Units Total 8
Property Attached Y/N Y
Tax Annual Amount 18263.84
Fuel Expense 21600
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooklyn 15
Elementary School District Brooklyn 15
Tax Assessed Value 874350
Tax Lot 34
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Interior
Basement Bilco Door(s) Full
Total Stories 4
Basement Features Bilco Door(s) Full
Basement (Y/N) Y
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Exterior
Parking Features None None
Water Source Public
Building Area Total 5884
Waterfront Y/N N
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Internal Only
Street Number 1 344
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* Excluded Features
List By
Waqas Azhar

Listing Agent

Empire State Realty Group Ny

Broker

347-791-5872

Contact

Affordability Calculator

$19,825
Per Month
92%
8%
0%
Monthly Principal & Interest
$18,303
Monthly Property Taxes
$1,522
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4098845 Elementary School
4880636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/22/2026$2,650,000 Listed Price

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344 21st Street, Brooklyn, NY, 11215 is a Commercial Property for sale at $2,650,000 with 5,884 sqft and a lot size of 0.0575. 344 21st Street was built in 1931. The property's zip code is 11215 which is in Brooklyn, NY