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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Listing Snapshot
Price
$4,800,000
Days On Site
34 Days
Bedrooms
N/A
Inside Area (SqFt)
11,800 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
4,708 Acres
Year Built
2024
MLS® Number
854697
Status
Active
Property Tax
$39,740
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
a month ago
Status changed to Active
a month ago
Listing updated with changes from the MLS®
a month ago
Listing first seen on site
General Features
Acres
4708
Cross Street
Foster Ave
Direction Faces
South
Disclosures
Environmental Disclosure, Lead Paint
Number Of Stories
7
Parking
AssignedGarage
Property Condition
New ConstructionUnder Construction
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
11800
Utilities
Natural Gas AvailableElectricity ConnectedSewer AvailableSewer ConnectedUnderground UtilitiesWater Connected
Water Source
Public
Interior Features
Appliances
None
Basement
Full
Flooring
Brick
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Exterior Features
Construction Details
Brick
Road Frontage
State Road
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City
Waterview
City
Listing courtesy of Douglas Elliman Real Estate devaykanan.rishudeo@elliman.com
Based on information submitted to the MLS GRID as of 2025-06-01 04:04 AM EDT.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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