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Brooklyn Corner 6 Story Elevator Building- 47 Apartments + A Daycare Facility, Fully Rented

$11,000,000

2249 East 21st Street, Brooklyn, NY 11229

Active
Last Updated: 08/01/2025

6.4

Cap Rate

701,926

NOI

Details:
Cap Rate:    6.4%
NOI:    $701,926
Building Size:    46,200 sqft
Lot Area:    10,000 sqft
Occupancy:    100%
Units:    48
Year Built:    1939
Price Per Sqft:    $238
Price Per Unit:    $229,117
Floors:    6
Freight Elevator:    No
Number of Elevators:    1
Roof:    Flat
Highlights:
  • Sable income in a sought-after location, with high tenant retention and strong rental demand
Description:

This desirable 6-story elevator corner building consists of 47 rent-stabilized residential units and a 1,000 square foot Daycare facility. The building was recently upgraded, is fully occupied, and well-maintained. The building offers a stable income in a sought-after location, with high tenant retention and strong rental demand. Situated in the Sheepshead Bay neighborhood, it offers easy access to public transportation, local amenities, and major thoroughfares.

Layout: 36 x 1 Bedrooms (3 rooms), 11 x 2 Bedrooms (4 rooms).
Total: 47 Apartments containing 152 rooms.
1,000 square foot Daycare facility.

Map:
Documents:
Title
1-_Lichtenstein-_6_Story_Elevator_47_Residential_Units___A_Daycare_Facility_2249_E_21_Street.pdf
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Location
Gallery