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12-Unit Apartment Building
For Sale
$1,849,999

281 23rd Street, Brooklyn, NY 11215

MULTI_FAMILY - Brooklyn, NY

Property Size8,493 SF
Lot Size0.06 Acres
Price / SF$217.83
Days on Market158

Property Features for 281 23rd Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R6B
Bathrooms 12
Full bathrooms 8
Half bathrooms 8
Rooms Bathroom 7, Bathroom 1, Bathroom 8, Bathroom 10, Bathroom 9, Bathroom 3, Bathroom 2, Bathroom 6, Bathroom 4, Bathroom 11, Bathroom 5, Bathroom 12
Interior features A/C Unit - Wall, A/C Unit - Window
Basement Finished
Subdivision Greenwood Heights
Standard status Active
Size 8,493 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 64651

Building Details

Year built 1931
Floors in Building 4
Number of units 12
Flooring type Carpet, Ceramic, Hardwood, Linoleum
Building materials Brick
Roof type Flat, Asphalt
Listing Agency: Revived Residential
Listed By: Austin Wong
Added: Mar 4 Changed: Aug 4 Last Checked: Aug 9 at 1:06PM
MLS# 499360

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This well-maintained masonry pre-war apartment building offers 12 total apartments, including eight 2-bedroom units and four 1-bedroom units. All apartments are rent-stabilized and currently leased, providing an immediately cash-flowing residential income stream for new ownership.

The building is constructed with brick and has a flat roof with asphalt materials. Interior features include wall and window A/C units, and flooring finishes include ceramic, carpet, hardwood, and linoleum.

Built in 1931 and situated on a 0.0565-acre lot, the property is zoned R6B. Public transit access is provided via the R subway at the 25th Street station and the Prospect Avenue station, with D, N, R, and W train service available. The surrounding area includes retail along the 5th Avenue corridor and access to major highway interchange routes via I-278 (Gowanus Expressway) and NY-27 (Prospect Expressway).

Key Highlights

  • 12 apartments: eight 2‑bedroom and four 1‑bedroom units
  • All apartments are rent‑stabilized and currently leased
  • Zoned R6B

Property Analytics

Current Use

Tekoso Solutions Computer & Electronic Repair

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Accounting Firm Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,488
Businesses Nearby

Demographics for 11215, NY

67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Zoned R6B and fully leased; rent-stabilized apartments in a well-maintained brick pre-war building.
Where is this apartment building located?
The property is located at 281 23rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,849,999.
What are key features of this property?
This property features: 12 apartments: eight 2‑bedroom and four 1‑bedroom units; All apartments are rent‑stabilized and currently leased; Zoned R6B
More about this property
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