Listed by Douglas Elliman Commercial Division
$4,800,000
677 East 21st Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,800
Units 17
Class A
Year Built 2024
17 Unit Residential Condominium Development Opportunity
Marketing 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.
Investment highlights
- 11,800 SF building
- 17 units
- New construction (built in 2024)
- Located in Brooklyn
- Architectural set included
- Fully approved by NYC DOB
- Structural steel framing completed
- Ideal for developers and investors
- Fast-track completion potential
Listing Contacts
Listed by Douglas Elliman Commercial Division
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