
651 E 21st St Brooklyn, NY 11226
Flatbush NeighborhoodEstimated payment $9,550/month
Highlights
- Wood Flooring
- Handicap Accessible
- Private Driveway
- Ditmas Junior High school Rated A-
- Baseboard Heating
- Back Yard
About This Home
Calling all investors and savvy end-users! This is the rare 3-family gem you’ve been waiting for… a high-yield, low-maintenance opportunity in the heart of Brooklyn!Built in 2001, this solid 20’ x 60’ brick home offers three spacious 3-bedroom, 2-bath apartments… one on each floor… providing incredible rental income potential or room for extended family living. Each unit is separately metered with its own boiler and hot water tank, so tenants cover their own utilities, helping you maximize your cash flow and keep your overhead low.Private driveway plus 3-car parking in the rear offers added income potential or unbeatable convenience for owners and tenants alike.Location? It doesn’t get better: Moments to Brooklyn College and the bustling shops of Flatbush Avenue… Minutes to the B, Q, 2, and 5 trains with direct access to Manhattan and beyond… Close to schools, dining, and major retail! With full possession possible, this is your chance to occupy one unit and have tenants pay your mortgage, or rent all three and enjoy a strong, stable 6-figure return.Whether you’re a first-time investor or a homeowner looking to build wealth, this property checks every box. Schedule your private showing today… your income-producing future starts here.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,186
Lot Details
- 2,901 Sq Ft Lot
- Lot Dimensions are 97 x 30
- Back Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 3,600 Sq Ft Home
- Wood Flooring
- Partially Finished Basement
- Partial Basement
- Stove
- Dryer
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Full Bathrooms
Parking
- 3 Parking Spaces
- Private Driveway
Accessible Home Design
- Handicap Accessible
Utilities
- Baseboard Heating
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5221
Community Details
Overview
- 3 Units
Building Details
- Fuel Expense $1,440
- Insurance Expense $2,000
- Utility Expense $800
- Gross Income $129,000
- Net Operating Income $112,574
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/20/2025 05/20/25 | Pending | -- | -- | -- |
05/20/2025 05/20/25 | For Sale | $1,599,999 | -- | $444 / Sq Ft |
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Source: Brooklyn Board of REALTORS®
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