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UNIQUE OPPORTUNITY:
Option to buy both semi-attached 3-unit homes together! (Only one is currently for sale, but the second can be an option for a combined 6-unit property! Contact me for more info.)
Hard to find comparable property in the area offering this level of space, amenities, and investment potential!
Unbeatable Location - By Emmons Ave & the Water!
Located by the Sheepshead Bay Canal, this home is a walk to the ocean, waterfront dining, and vibrant nightlife on Emmons Ave-home to some of Brooklyn's best restaurants. Enjoy a relaxed coastal lifestyle while being conveniently by the B & Q trains, top-tier shopping, and excellent infrastructure.
Property Highlights:
- 3,564 sq ft of residential space
- Overbuilt in R4 zoning - offers more usable space than zoning typically permits
- 3 units - 9 Bedrooms, 6 Bathrooms
- Master Suite in Each Unit - Every apartment features a spacious master bedroom with a private en-suite bathroom.
- Newly Renovated Units - Move-in ready with modern finishes.
- Private Outdoor Space for Each Unit - Enjoy large balconies or terraces, an extremely rare feature in this area!
- Huge, Well-Maintained Backyard - A green oasis in Brooklyn.
- Large Basement & New Water Heaters
- Built in 1994 - Relatively New & Well-Maintained
- Low annual taxes: approx. 13,399 dollars
Smart for End-Users:
- Live in one unit and rent the other two
- Customize one or more units for personal use
- Enjoy residential block with easy access to: Shopping & dining & Public transit
- Rent the others for passive income.
- High rental demand due to the prime location.
Smart for Investors:
- Estimated gross rental income: 135,240+/year (only 15 percent rent increase)
- Cap rate approx. 3.5 percent with room to increase
- Overbuilt in R4 zoning - more usable space than most
- Strong rental demand + low vacancy area
- Easy-to-maintain, fully legal 3-unit home
A rare find in Brooklyn! Whether you're buying to live, rent, or both, 2655 E 21st Street offers unmatched flexibility and value.
Don't miss this once-in-a-lifetime opportunity!