Contacts
Invictus Property Advisors, LLC
Property Details
- Property Type Multi-Family
- Property Size 5,500 SF
- Units 8
- Lot Size 0.06 Acre
- Cap Rate % 7.01
- Rental Income / YR $304,092.00
- NOI / YR $240,410.00
- Taxes / YR $10,705.00
- # of Floors 4
- Average Floor Size 1,375 SF
- Year Built 1915
- Date Updated May 12, 2025
Invictus Property Advisors is pleased to present the exclusive offering of 21 Adelphi Street, an eight (8) unit multifamily building located in the heart of Fort Greene, Brooklyn.
Property Overview
21 Adelphi Street is a well-maintained 8-unit multifamily building featuring a distinctive layout. The ground floor units are duplexed into a fully finished basement, significantly enhancing the usable living space. In total, the property contains 16 bedrooms and 12 bathrooms. The basement also includes common laundry facilities, adding convenience for tenants and generating supplemental income for ownership.
Of the eight residential units, six are free market (deregulated through high-rent vacancy decontrol), one is rent stabilized, and one is rent controlled. The building has been fully converted to electric, with ownership currently providing heat and hot water only to units 3L and 4L. All units are currently occupied.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Location Situated in the highly sought-after Fort Greene neighborhood, the property benefits from a location known for its tree-lined streets, historic brownstones, and cultural landmarks. Residents enjoy close proximity to Fort Greene Park, the Brooklyn Academy of Music (BAM), and a wide range of shopping, dining, and entertainment options. The area’s blend of charm and convenience makes it attractive to a diverse tenant base, supporting long-term rental demand.
Attachments
Getting around
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95/100
Walk Score ®
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100/100
Transit Score ®
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93/100
Bike Score ®
Location
- City Brooklyn, NY
- Neighborhood Fort Greene
- Zip Code 11205
- Market Brooklyn
Points of Interest
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brooklyn taxi company
0.65 miles
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Clinton-Washington
0.68 miles
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New Bell Car Service
0.76 miles
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York Street
0.81 miles
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Jay Street–MetroTech
0.85 miles
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Classon Avenue
0.87 miles
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Borough Hall
0.96 miles
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Marcy Avenue
1.08 miles
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Bedford–Nostrand Avenues
1.12 miles
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Hewes Street
1.20 miles
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Emporium
0.15 miles
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Sunoco
0.56 miles
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BP
0.57 miles
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Mobil
0.61 miles
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Citgo
0.61 miles
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ChargePoint
0.84 miles
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Tesla Supercharger
0.94 miles
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Shell
1.10 miles
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Revel
1.20 miles
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Blink
1.71 miles
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NYPD Brooklyn Tow Pound
0.46 miles
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MPG
0.83 miles
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Park Kwik
0.90 miles
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Edison ParkFast
0.95 miles
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Cielo Garage
1.04 miles
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The Parking Club
1.21 miles
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Underhill Garage
1.41 miles
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88 Madison Street Parking
1.60 miles
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Rapid Park
1.70 miles
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Garfield Garage
1.70 miles
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Casa Blanca Hotel
0.09 miles
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Hampton
0.62 miles
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The Tillary Hotel
0.64 miles
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Condor Hotel
0.70 miles
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Hotel Indigo
0.74 miles
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Aloft - W Hotel
0.75 miles
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Sheraton Brooklyn
0.76 miles
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EVEN Hotel
0.83 miles
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New York Marriott at the Brooklyn Bridge
0.86 miles
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Holiday Inn Brooklyn Downtown
0.86 miles
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Bravo
0.27 miles
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Green-Ville Garden
0.27 miles
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Wegmans
0.36 miles
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Key Food
0.47 miles
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Khim's Millenium Market
0.54 miles
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Elly's Market
0.56 miles
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Gold Organic Farm
0.56 miles
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NYC Fresh Market
0.61 miles
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Trader Joe's
0.68 miles
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Fine Food
0.69 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Invictus Property Advisors, LLC
