2721 E 21st St Brooklyn, NY 11235
Sheepshead Bay NeighborhoodEstimated payment $26,244/month
Highlights
- Intercom to Front Desk
- 6,100 Sq Ft lot
- Wood Flooring
- P.S. 254 Dag Hammarskjold Rated A-
- Deck
- Terrace
About This Home
Prime Sheepshead Bay New Construction 6-Family Investment Property
Exceptional opportunity to own a newly constructed free-market 6-family building in the heart of Sheepshead Bay. Spanning over 6,000 square feet, this modern income-producing property offers an impressive projected gross annual income of approximately $265,200.
Each of the three floors features two thoughtfully designed apartments:
One 1-bedroom units with private balcony
One 2-bedroom units with private balcony
Every apartment is equipped with:
Washer and dryer
Split-system heating and cooling units in every room
Heated floors
Modern finishes throughout
Private balcony
The property also includes:
Separate gas and electric meters for each unit
One dedicated parking space per apartment
Ideally located in the highly desirable Sheepshead Bay neighborhood, close to:
B and Q subway lines
Sheepshead Bay Road
Belt Parkway
Schools, supermarkets, restaurants, and shopping
Perfect for investors seeking strong rental income in a prime Brooklyn location with excellent transportation and neighborhood amenities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $56,300
Year Built
- Built in 2022
Lot Details
- 6,100 Sq Ft Lot
- Lot Dimensions are 122 x 50
- Garden
- Back and Front Yard
Home Design
- Brick Exterior Construction
- Poured Concrete
- Shingle Roof
- Metal Roof
Interior Spaces
- 5,775 Sq Ft Home
- 3-Story Property
- Window Treatments
- Washer
Kitchen
- Stove
- Microwave
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Parking
- 6 Parking Spaces
- Private Driveway
- Parking Lot
Accessible Home Design
- Handicap Accessible
Outdoor Features
- Deck
- Terrace
- Porch
Utilities
- Multiple cooling system units
- Hot Water Heating System
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 8777
Community Details
Overview
- 6 Units
Amenities
- Laundry Facilities
- Intercom to Front Desk
- Bike Room
Building Details
- 6 Vacant Units
- Fuel Expense $1,000
- Utility Expense $680
- Gross Income $265,200
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $56,963 | $525,150 | $125,550 | $399,600 |
| 2025 | $51,353 | $521,100 | $125,550 | $395,550 |
| 2024 | $51,353 | $509,018 | $125,550 | $383,468 |
| 2023 | $3,100 | $125,550 | $125,550 | $0 |
| 2022 | $4,671 | $23,400 | $23,400 | $0 |
| 2021 | $5,190 | $24,660 | $24,660 | $0 |
| 2019 | $8,953 | $67,980 | $24,660 | $43,320 |
| 2018 | $8,724 | $42,798 | $13,541 | $29,257 |
| 2017 | $8,659 | $42,475 | $14,475 | $28,000 |
| 2016 | $8,011 | $40,071 | $18,442 | $21,629 |
| 2015 | $4,833 | $37,803 | $16,453 | $21,350 |
| 2014 | $4,833 | $35,665 | $15,523 | $20,142 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2025 05/01/25 | For Sale | $3,990,000 | -- | $691 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $825,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | -- | Unknown |
Source: Brooklyn Board of REALTORS®
MLS Number: 492331
APN: 08777-0096
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The property information being provided is 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. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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