$3,990,000

2721 E 21st St Brooklyn, NY 11235

Sheepshead Bay Neighborhood

Estimated payment $26,328/month

Total Views 7,475
9 Beds
6 Baths
5,775 Sq Ft
$691 Price per Sq Ft

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.

Listing Agent

Aliaksei 'Alex' Palaukou

A P Services Inc Listed on: 05/01/2025

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$56,300

Year Built

Built in 2022

Lot Details

6,100 Sq Ft Lot

Listing Details

  • Basement Amenities: Crawl Space, Full
  • Total Bathrooms: 6.00
  • Borough: Brooklyn
  • Building Length: 55.00
  • Building Width: 35.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Voorhies Ave
  • Cross Street Name2: Shore pkwy
  • Handicap Access Y N U: Yes
  • Heat Delivery: Hot Air, Hot Water
  • Number Of Available Units: 6
  • Number Of Families: 6
  • Parking Attributes: 6+ Spaces, Parking Area
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Wall, Deck, Laundry Area, Microwave, Patio Garden, Porch, Refrigerator, Stove, Terrace, Washer, Window Treatments, Other
  • Fill Sq Ft Total: 5775
  • Building Stories: 3
  • Street Name I D X: 21st
  • Building Style: Other
  • Waterfront Present: No
  • Year Built: 2022
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Total Bedrooms: 9
  • Flooring: Ceramic, Hardwood, Tile
  • Lot Sq Ft: 6100

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Detached
  • Construction Type: Block, Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 96
  • Roof: Metal, Shingle

Utilities

  • Air Conditioning Units: 5+
  • Electric: 110 V, 220 V
  • Heating Fuel: Electric, Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 1000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 122
  • Lot Size Width: 50
  • Zoning: R4

Multi Family

  • Annual Gross Expense: 2680.00
  • Annual Gross Income: 265200
  • Unit Count: 6
  • Annual Utility Expenses: 680.00

Tax Info

  • Flip Tax Amount: 56300.00

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 For Sale $3,990,000 -- $691 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 492331

Brooklyn Board of REALTORS®

APN: 08777-0096

New York Kings County Brooklyn 11235 Sheepshead Bay

2721 E 21st St, Brooklyn, NY

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Brooklyn Board of REALTORS® 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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Listing Agent
Aliaksei 'Alex' Palaukou
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A P Services Inc
(347) 394-4220
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