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677 E 21st Street , #17

Brooklyn, NY 11226
  • $4,800,000
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: 854697
UPDATED: 25 min ago
$4,800,000
  • 0
    BEDS
  • 4708
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2024
County:
Area:

School Ratings & Info

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.

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-07-08T13:18:49.87.
www.nicoleburkehomes.com/homes/163075253
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677 E 21st Street , #17 Brooklyn, NY 11226

  • Price: $4,800,000
  • Status: Active
  • On Site: 70 Days
  • Updated: 25 min ago
  • MLS #: 854697
0
Beds
0
Baths
0
½ Baths
4708
Acres
2024
Built
Neighborhood:
New York
County:
Brooklyn
Area:
New York
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.
Exterior Features

Construction Materials Advanced Framing TechniqueBrickFiberglass Insulation Cross Street Foster Ave Direction Faces South Foundation Details BlockBrick/Mortar Parking Features AssignedGarage Property Attached YN No Road Responsibility Public Maintained Road Stories Total 7 View City Waterfront YN No

Interior Features

Appliances None Basement Details CommonFull Basement YN Yes Ceiling Height 10 Cooling None Electric 110V120/240 Volts Elevator Type Passenger Elevator YN Yes Flooring Brick

Property Features

Annual Rental Income 0 Building Area Total 11800 Building Features Balcony Building Name 677 Business Type Construction/Contractor Common Interest Planned Development Disclosures Environmental DisclosureLead Paint Electric Company Con-Edison Gross Income 0 Inclusions All approved Plans to complete project Listing Terms 1031 ExchangeAssumableCashOwner Will Take Back 2ndPrivate Financing Available Lot Size Area 4708 Net Operating Income 0 Number Of Residential Units 17 Operating Expense 0 Permitted Uses ResidentialRetail Property Condition ActualEstimatedNew ConstructionTo Be BuiltUnder Construction Property Sub Type Multi Family Road Frontage Type State Road Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 39740 Tax Section 05221-0077 Tax Source Municipality Usable Area 12390.00 Utilities Electricity ConnectedNatural Gas AvailableSewer AvailableSewer ConnectedUnderground UtilitiesWater Connected Water Access YN No Water Source Public Zoning R-7A

Listing courtesy of Devaykanan Rishudeo of Douglas Elliman Real Estate: 516-669-3700
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-07-08T13:18:49.87.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
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Plainview NY, 11803