About This Home

This 16-bedroom, 8-bathroom residential multi family at 344 21st Street in Brooklyn, NY is listed for $2,650,000. on a 0.06 acres lot.

Key Features

  • 0.06 acre lot
  • 4 stories

Property Details

4 stories
8 full

Amenities

HardwoodA/C
Listing Description

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.

Monthly Cost Estimate

$14,173/mo

20% down · 6.5% · 30 years

Principal$1,917
Interest$11,483
Insurance$773

Estimates only. Actual payments may vary.

Location

344 21st Street

Brooklyn, NY 11215

Features & Amenities

Interior Features

Terrace

Property Details

Flooring

Hardwood

Construction

Brick

Questions & Answers

This 16-bedroom, 8-bathroom residential multi family at 344 21st Street is listed at $2,650,000. The estimated monthly payment is $14,173 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.06 acre lot, 4 stories. Interior Features: Terrace.

This property is listed by Waqas Azhar.

WA

Waqas Azhar

Agent at Empire state Realty Group

Listed by Empire state Realty Group · Broker phone: (646) 932-4441 · View on Broker Site · Broker website

MLS# 503201· Source: Brooklyn New York Multiple Listing Service· 98 days on PropertySimple

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

344 21st Street, Brooklyn, NY 11215

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