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25 E 21st Street

Flatbush, NY 11226
  • $2,575,000
  • STATUS: Active
  • ON SITE: 297 Days
  • MLS #: 3505325
$2,575,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1915
County:
Area:

School Ratings & Info

Description

Calling All Investors, Developers & End-Users!!! 100% Occupied 8.36 Cap 12 Unit Apartment Building In Brooklyn For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong R7A Zoning, 6 Parking Spaces, High 10' Ceilings, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just 1 1/2 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 (2 Br., 1 Bath): $15,334.92 Ann.; Lease Exp.: 5/31/24. Apt. 1B (2 Br. 1 Bath): $14,760 Ann.; Lease Exp.: 5/31/24. Apt. 1C (3 Br. 1 Bath): $17,371.68 Ann.; Lease Exp.: 7/31/25. Apt. 2A (2 Br. 1 Bath): $14,858.88 Ann.; Lease Exp.: 6/30/25. Apt. 2B (3 Br. 1 Bath): $40,242.72 Ann.; Lease Exp.: 7/31/24. Apt. 2C (3 Br. 1 Bath): $17,760.24 Ann.; Lease Exp.: 6/30/24. Apt. 3A (2 Br. 1 Bath): $21,195.48 Ann.; Lease Exp.: 1/31/24. Apt. 3B (2 Br. 1 Bath): $17,525.64 Ann.; Lease Exp.: 2/28/24. Apt. 3C (3 Br. 1 Bath): $20,124.72 Ann.; Lease Exp.: 3/31/24. Apt. 4A (2 Br. 1 Bath): $19,535.52 Ann.; Lease Exp.: 4/30/24. Apt. 4C (3 Br. 1 Bath): $16,588.68 Ann.; Lease Exp.: 6/30/24. Apt. 4F (2 Br. 1 Bath): $41,940 Ann.; Lease Exp.: 8/31/24. Gross Income: $257,238.48 Ann. Expenses: Heat: $5,512 Ann. Electric: $2,721 Ann. Maintenance & Repairs: $1,737 Ann. Water & Sewer: $7,213 Ann. Insurance: $12,395.24 Ann. Taxes: $12,484 Ann. Total Expenses: $42,062.24 Ann. Net Operating Income (NOI): $215,176.24 Ann. (8.36 Cap!!!)

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeService Hudson Valley Properties. Data last updated: 2024-07-13T00:19:53.06.
www.greathudsonvalleyhomes.com/homes/143533799
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25 E 21st Street Flatbush, NY 11226

  • Price: $2,575,000
  • Status: Active
  • On Site: 297 Days
  • MLS #: 3505325
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1915
Built
Neighborhood:
Brooklyn
County:
Brooklyn
Area:
Brooklyn
Property Description
Calling All Investors, Developers & End-Users!!! 100% Occupied 8.36 Cap 12 Unit Apartment Building In Brooklyn For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong R7A Zoning, 6 Parking Spaces, High 10' Ceilings, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Brooklyn Just 1 1/2 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 (2 Br., 1 Bath): $15,334.92 Ann.; Lease Exp.: 5/31/24. Apt. 1B (2 Br. 1 Bath): $14,760 Ann.; Lease Exp.: 5/31/24. Apt. 1C (3 Br. 1 Bath): $17,371.68 Ann.; Lease Exp.: 7/31/25. Apt. 2A (2 Br. 1 Bath): $14,858.88 Ann.; Lease Exp.: 6/30/25. Apt. 2B (3 Br. 1 Bath): $40,242.72 Ann.; Lease Exp.: 7/31/24. Apt. 2C (3 Br. 1 Bath): $17,760.24 Ann.; Lease Exp.: 6/30/24. Apt. 3A (2 Br. 1 Bath): $21,195.48 Ann.; Lease Exp.: 1/31/24. Apt. 3B (2 Br. 1 Bath): $17,525.64 Ann.; Lease Exp.: 2/28/24. Apt. 3C (3 Br. 1 Bath): $20,124.72 Ann.; Lease Exp.: 3/31/24. Apt. 4A (2 Br. 1 Bath): $19,535.52 Ann.; Lease Exp.: 4/30/24. Apt. 4C (3 Br. 1 Bath): $16,588.68 Ann.; Lease Exp.: 6/30/24. Apt. 4F (2 Br. 1 Bath): $41,940 Ann.; Lease Exp.: 8/31/24. Gross Income: $257,238.48 Ann. Expenses: Heat: $5,512 Ann. Electric: $2,721 Ann. Maintenance & Repairs: $1,737 Ann. Water & Sewer: $7,213 Ann. Insurance: $12,395.24 Ann. Taxes: $12,484 Ann. Total Expenses: $42,062.24 Ann. Net Operating Income (NOI): $215,176.24 Ann. (8.36 Cap!!!)
Exterior Features

Business Parking Spaces 6 Cross Street Woodrift Overhead Door 0 Stories Total 4

Property Features

Gross Income 257238 MLSArea Minor 13 Net Operating Income 215176 Operating Expense 42062 Property Sub Type Mixed Use Tax Annual Amount 12484 Tax Annual Amount1 12484 Zoning Description R7A

Listing courtesy of Richard Matt Shane of All Island Estates Realty Corp: 516-783-5600
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeService Hudson Valley Properties. Data last updated: 2024-07-13T00:19:53.06.
 
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