Brooklyn Corner 6 Story Elevator Building- 47 Apartments + A Daycare Facility, Fully Rented
$11,000,000
2249 East 21st Street, Brooklyn, NY 11229
For Sale
Multifamily
Mid High Rise
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.
Documents:
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1-_Lichtenstein-_6_Story_Elevator_47_Residential_Units___A_Daycare_Facility_2249_E_21_Street.pdf
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