447 E 21st St Brooklyn, NY 11226
Flatbush NeighborhoodEstimated payment $8,604/month
Highlights
- City View
- High Ceiling
- Balcony
- Wood Flooring
- Community Garden
- Skylights
About This Home
5.85% CAP RATE – INVESTMENT OPPORTUNITY
1031 Exchange | Or Live for ~$3,000/month
Own a 24’ wide 3-family brick townhouse in Ditmas Park, Brooklyn—one of the area’s most desirable neighborhoods.
? Live in one unit + collect rent from two
? Strong current income with upside
? (2) Spacious 3BR units with 1.5 bathrooms each
? (1) Large 2BR with private backyard
? Balconies, oversized layouts, great light & storage
? Fully free-market building
Moments from Cortelyou Rd, restaurants, and B/Q trains.
Perfect for investors or end-users looking to offset their mortgage with rental income.
DM for details or to schedule a private showing (qualified buyers only). Perfectly positioned just moments from Cortelyou Road, you’ll enjoy a vibrant mix of cafes, restaurants, and local shops. Commuting is effortless with nearby access to the B and Q subway lines, connecting you quickly to Manhattan and beyond. Located in the highly regarded Ditmas Park area, ranked among the top neighborhoods to live in the U.S. This property offers not just a home, but a lifestyle and a smart investment. Virtual tours available for all apartments. Contact today to schedule your private showing. Currently fully occupied, showing only for qualified buyers.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,812
Year Built
- Built in 1965
Lot Details
- Lot Dimensions are 24.000000x80.000000
- Front Yard
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 3,600 Sq Ft Home
- 3-Story Property
- Crown Molding
- High Ceiling
- Skylights
- Double Pane Windows
- Wood Flooring
- City Views
- Intercom
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Patio
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Natural Gas
- Wall Furnace
- Baseboard Heating
Listing and Financial Details
- Legal Lot and Block 0057 / 05164
Community Details
Overview
- 3 Units
- Ditmas Park Subdivision
Amenities
- Community Garden
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,911 | $83,520 | $24,180 | $59,340 |
| 2025 | $7,472 | $81,660 | $24,180 | $57,480 |
| 2024 | $7,472 | $73,080 | $24,180 | $48,900 |
| 2023 | $7,141 | $89,640 | $24,180 | $65,460 |
| 2022 | $6,994 | $90,960 | $24,180 | $66,780 |
| 2021 | $7,314 | $71,820 | $24,180 | $47,640 |
| 2020 | $3,434 | $81,060 | $24,180 | $56,880 |
| 2019 | $6,486 | $64,440 | $24,180 | $40,260 |
| 2018 | $5,973 | $29,301 | $11,119 | $18,182 |
| 2017 | $5,952 | $29,196 | $13,697 | $15,499 |
| 2016 | $5,790 | $28,962 | $14,409 | $14,553 |
| 2015 | $3,322 | $27,354 | $15,865 | $11,489 |
| 2014 | $3,322 | $25,836 | $16,932 | $8,904 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/06/2026 04/06/26 | Price Changed | $1,500,000 | -3.2% | $417 / Sq Ft |
| 03/20/2026 03/20/26 | For Sale | $1,550,000 | -- | $431 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $745,000 | -- | |
| Deed | $745,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $478,700 | -- | |
| Deed | $478,700 | -- | |
| Deed | $265,000 | -- | |
| Deed | $265,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $465,000 | New Conventional | |
| Closed | $465,000 | New Conventional | |
| Previous Owner | $454,750 | Purchase Money Mortgage | |
| Closed | $0 | No Value Available |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20078407
APN: 05164-0057
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Ask me questions while you tour the home.