Price Reduced 14.38%
Price History
$1,050,000
9/18/2023
$988,000
10/20/2023
$975,000
11/30/2023
$899,000
2/8/2024
369 E 21st Street, #4, Brooklyn, (Flatbush), NY, 11226
1911
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.
Status:
Active
Town:
Brooklyn
Type:
Commercial
Units:
5
Zoning:
R6A
Acreage:
0.05
Est. Taxes:
$12,484
MLS #:
3505358
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of All Island Estates Realty Corp 516-783-5600