12-Unit Rent-Stabilized
For Sale
$1,849,999
281 23rd St, Brooklyn, NY 11215
Masonry pre-war building with 12 apartments, including eight 2BR units and four 1BR units, all rent-stabilized and leased.
Property Size8,492 SF
Price / SF$217.85
Days on Market104
Property Features for 281 23rd St
General Information
Standard status
Active
Size
8,492 SF
Property subtype
Multi Family
Occupancy
100%
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
12
Building Details
Year Built
1931
Tenancy
Multi
Listing Agency:
Revived Residential
(718) 219-9122
Listed By:
Austin Wong
(718) 219-9122
Source:
Elliman
Added: Apr 28
Changed: Jul 21
Last Checked: Aug 8 at 12:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Revived Residential
Investment Insights
Based on property information with market context.
This turnkey multifamily offering features a well-maintained masonry pre-war building with approximately 8,492 square feet above-grade. The property contains 12 apartments total, with eight units configured as 2BR and four units configured as 1BR. All apartments are rent-stabilized and currently leased, providing an income-producing setup for new ownership.
Access to public transportation is a notable advantage, with nearby R subway service at the 25th Street station and Prospect Avenue station (D, N, R, W trains). The surrounding area includes retail along the 5th Avenue corridor and convenience-oriented businesses nearby.
The building is presented as a core income asset given its long-standing occupancy and leased status across all units.
Access to public transportation is a notable advantage, with nearby R subway service at the 25th Street station and Prospect Avenue station (D, N, R, W trains). The surrounding area includes retail along the 5th Avenue corridor and convenience-oriented businesses nearby.
The building is presented as a core income asset given its long-standing occupancy and leased status across all units.
Key Highlights
- Pre‑war masonry apartment building built in 1931 with approximately 8,492 SF above‑grade
- 12 apartments: eight 2BR units and four 1BR units
- All apartments are rent‑stabilized and leased
Property Analytics
Current Use
Lease Details
12
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,488
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Masonry pre-war building with 12 apartments, including eight 2BR units and four 1BR units, all rent-stabilized and leased.
Where is this apartment building located?
The property is located at 281 23rd St 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: Pre‑war masonry apartment building built in 1931 with approximately 8,492 SF above‑grade; 12 apartments: eight 2BR units and four 1BR units; All apartments are rent‑stabilized and leased
