Commercial Sale in Brooklyn, New York, Brooklyn, NY 11226 | Web ID: PH624892 | $4,800,000

 
Property Description

Exceptional development opportunity for a developer/ investor: presenting an outstanding investment opportunity at 677 east 21st street, located in the heart of brooklyn. This 17-unit residential project is approximately 50% complete, with all plans fully approved by the nyc department of buildings (dob). An ideal acquisition for developers or investors seeking a fast-track completion and flexible disposition options — whether as high-end condominiums or income-producing rentals. Investment snapshot: new 17-unit residential building, approximately 50% complete all plans are fully approved by the nyc department of buildings (dob) project features: architectural set: includes zoning analysis, floor plans (cellar to penthouse), elevations, ada compliance, completed work: structural steel framing (welding, bolting). This project represents an exceptional opportunity to complete a new residential asset in a highly desirable brooklyn location with significant construction milestones already achieved. Ideal for investors seeking expedited entry into a proven market with substantial upside potential. Contact me for full plans, site access, and financial information.

Property Information
Location/Town New York
Area/County Brooklyn
Post Office/Postal City Brooklyn
Prop. Type Commercial Sale
Tax $39,740.00
# Stories 7
Year Built 2024
Basement Common, Full
Construction Advanced Framing Technique, Brick, Fiberglass Insulation
Total Units 17
Lot SqFt 4,708
Cooling None
Util Incl Electricity Connected, Natural Gas Available, Sewer Available, Sewer Connected, Underground Utilities, Water Connected
Property Amenities All approved plans to complete project
Condition Actual, Estimated, New Constru
Days On Market 2
Parking Features Assigned, Garage
Tax Assessed Value 39740
Tax Lot 00077
Units 17
Listing information courtesy of: Douglas Elliman Real Estate
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