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$900,000 Just Listed
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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: $73,380 Lot: 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.
Full Property Details
Full Property Details for 354 E 21st St
General
- Price: $900,000
- Taxes: $15,353
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1006016
- Updated: 5/28/2026
- Added to Site: 7 day(s) ago
Parking
- Parking Features: On Street
Location
- County: Kings (Brooklyn)
School Information
- High School District: Contact Agent
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Bilco Door(s)
- Building Size: 27246
- Square Feet: 27,246
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.046
- Lot Size (Sq. Ft.): 2,003
- Zoning: R7A
Financial Considerations
- Tax Amount: $15,353
Disclosures and Reports
- Special Conditions: None
- Property ID: 05124-0051
Listed by RealTegrity NY LLC
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Schools
Schools serving 354 E 21st St
School District:New York City Geographic School District 22
| Name | Grades | Distance |
|---|---|---|
Ps 139 Alexine A Fenty 330 Rugby Road, Brooklyn, NY 11226 | PK-K | 0.5 mi |
Ms 246 Walt Whitman 72 Veronica Place, Brooklyn, NY 11226 | 6-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 354 E 21st St
Date
Details
Price
Change
Source
5/28/2026
Listed
$900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 354 E 21st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$137,304
—
$1,015,650
-8%
2025
$137,304
2%
$1,098,430
-6%
2024
$134,441
2%
$1,169,550
4%
2023
$131,226
3%
$1,125,000
-9%
2022
$127,747
-39%
$1,231,200
43%
2021
$210,043
63%
$858,600
-30%
2020
$128,594
11%
$1,220,850
5%
2019
$116,066
20%
$1,164,150
15%
2017
$96,614
—
$1,014,300
1%
2017
$96,614
15%
$1,000,350
11%
2016
$84,051
16%
$902,700
26%
2015
$72,397
16%
$718,650
12%
2014
$62,582
1%
$642,600
20%
2013
$62,081
—
$533,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 354 E 21st St
354 E 21st Street, Brooklyn, NY 11226 (MLS# 1006016) is a Commercial property. 354 E 21st Street is currently listed for $900,000 and was received on May 28, 2026. Want to learn more about 354 E 21st Street? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

