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

281 23rd Street, Brooklyn, NY 11215

Residential, Brooklyn, NY

Property Size8,493 SF
Lot Size0.06 Acres
Price / SF$217.83
Days on Market210

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 6, Bathroom 3, Bathroom 4, Bathroom 10, Bathroom 9, Bathroom 8, Bathroom 5, Bathroom 2, Bathroom 7, Bathroom 11, Bathroom 12, Bathroom 1
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, Hardwood, Ceramic, Linoleum
Building materials Brick
Roof type Flat, Asphalt
Listing Agency: Revived Residential
Listed By: Austin Wong
Added: Mar 4 Changed: Sep 16 Last Checked: Sep 30 at 6:06AM
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.

Located at 281 23rd Street in Brooklyn, this 8,493-square-foot multifamily building was constructed in 1931 and features brick construction with a flat asphalt roof. The property contains 12 apartments, including eight two-bedroom units and four one-bedroom units. Interior finishes include hardwood, linoleum, carpet, and ceramic flooring, while cooling is provided through wall and window A/C units.

All apartments are rent-stabilized and leased. The property is situated near the 25th Street R station and the Prospect Avenue station, served by the D, N, R, and W trains. Nearby 5th Avenue includes markets, banks, convenience stores, cafes, and restaurants. The building also offers access to I-278, the Gowanus Expressway, and NY-27, the Prospect Expressway. Zoning is R6B.

Key Highlights

  • 12 apartments: eight 2 BR units and four 1 BR units
  • 8,493 square feet above grade on a 0.0565‑acre lot
  • All apartments are rent‑stabilized and leased

Property Analytics

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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
100%
Occupancy
Multi-tenant
Tenancy
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Rent-stabilized multifamily property with a diverse apartment mix and access to multiple subway lines.
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 BR units and four 1 BR units; 8,493 square feet above grade on a 0.0565‑acre lot; All apartments are rent‑stabilized and leased
More about this property
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