Boro Park Real Estate

344 21st Street, Greenwood Heights, NY 11215

[Greenwood Heights Real Estate, listing number 3345987]



Description: 3345987
   Investor`s Delight! Exceptional opportunity to own an income-producing 8-family brown brick walk-up in the heart of the historic South Park Slope/Greenwood Heights 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.

Details:
   Families: 8
   Bedrooms: 16
   Property Type: Multi-Family
   Rooms: 40

Financials:
   Price: $2,650,000

 

Empire State Realty Group
Waqas Azhar
Office: (646)932-4442

provided by Brooklyn Bd of Realtors