Stephen Dobek
BEDS0
BATHS
MLS#1006016
STATUSActive
PROPERTY TYPECommercial -
SCHOOLContact Agent
Property Description
This 6-family w/ 3 Market Rent and 3 Rent Stabilized apartments delivers strong, reliable cash flow with an 8.15% cap rate, offering a compelling return in today's market. This prime investment opportunity is located in the South Slope area of Park Slope!Monthly Rent Roll: $11,244 | Annual Rent Roll: $134,915 | Annual Expenses: $61,535 | NOI: $73,380Lot: 20 x 100 ft | Building: 20 x 75 ft | 3 Stories + Basement | Zoning: C-2 | 6 Residential Units | Rent Stabilized.1 apartment on the ground floor has become vacant and will remain so, incase a buyer wishes to be owner operated. Otherwise it can be immediately rented out upon closing. The property has deferred maintenance and is priced accordingly, representing a straightforward income play for an experienced investor or owner-operator comfortable with a building that requires attention. Income is consistent, making this a steady cash-flowing asset in one of Brooklyn's most sought-after and transit-accessible neighborhoods.All information deemed reliable but not guaranteed. Buyers to perform their own due diligence.
Property Features
Property Type: Commercial -
Basement: Bilco Door(s)
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.05 Acres
Taxes: $15,353
Year Built: 1925
Feature Descriptions
Building Area Total: 27246
Cap Rate: 8
Exterior: Brick
On Market Date: 2026-05-28
Parcel Number: 05124-0051
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 6
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
School District: Contact Agent
Listed By / Shown By
Listing By
Agency Name: RealTegrity NY LLC
Agency Contact: 917-623-8874
Shown By
Agent Name: Stephen Dobek
Agent Phone: Cell: (516) 388-4248
Agency Title: Howard Hanna | Coach Realtors
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354 E 21st Street | MLS# 1006016
This commercial property located at 354 E 21st Street, Brooklyn, NY 11226 is currently listed for sale with an asking price of $900,000. E 21st Street is located within the Contact Agent school district. Search Brooklyn real estate on sdobek.coachrealtors.com today.