For Sale Multi-Family MLS# 1054041

344 21st Street

Brooklyn, NY 11215

$2,650,000

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About 344 21st Street

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.

Property details

Property

Type
multi
Year built
1931
Living area
5,884 sqft
Price / sqft
$450
Lot
0.0575 ac
List date
Sep 22, 2026

Schools

District
New York City Department Of Education

Location

Subdivision
Sunset Park
Neighborhood
Sunset Park

Location

Neighborhood
Sunset Park
School district
New York City Department Of Education

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Listed by Empire State Realty Group NY

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.