Login

281 23rd Street, Brooklyn, NY 11215

Brooklyn
Local realty services provided by:CENTURY 21 Homefront
281 23rd Street,Brooklyn, NY 11215
$1,849,999
  • - Beds
  • 16 Baths
  • 8,493 sq. ft.
  • Multi-family
  • Active
Listed by: austin wong, candice ficalora
Office: revived residential
MLS#:499360
Source:BROOKLYN

Price summary

  • Price:$1,849,999
  • Price per sq. ft.:$217.83

About this home

Turnkey multifamily investment - 281 23rd Street is a beautifully-maintained masonry pre-war building spanning approximately 8,492 square feet above-grade. The building hosts 12 apartments, eight of which are configured as 2 BR, while the remaining four are 1 BR. The building is being offered for sale for the first time in almost 40 years. Current ownership has taken long-term care of the property, offering new ownership a turn-key cash flowing asset. Core asset with stable cash flow and future upside - All apartments are rent-stabilized and leased. The asset currently generates over $270,000 gross annually. Average AGI/NSF is $34.61, equating to an average monthly rent of $1837 per apartment, this is approximately 75% of market rents of comparable rentals in area. This allows future investors to take advantage of immediate rental income on day one with virtually no work, while retaining substantial long-term upside as units are brought to market rate over time. Ideal location with...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1931
  • Listing ID #:499360
  • Added:149 day(s) ago
  • Updated:August 01, 2026 at 11:39 AM

Rooms and interior

  • Total bathrooms:16
  • Full bathrooms:8
  • Flooring:Carpeting, Ceramic, Hardwood, Linoleum
  • Basement Description:Cellar, Semi-Finished, Separate Entrance
  • Living area:8,493 sq. ft.

Heating and cooling

  • Heating:Gas, Steam/Radiator

Structure and exterior

  • Roof:Asphalt/Tar, Flat
  • Year built:1931
  • Building area:8,493 sq. ft.
  • Lot area:0.06 Acres
  • Construction Materials:Brick
  • Foundation Description:Poured Concrete
  • Levels:4 Stories

Finances and disclosures

  • Price:$1,849,999
  • Price per sq. ft.:$217.83

Features and amenities

  • Amenities:Circuit Breakers
Copyright 2026 OneKey MLS. All rights reserved. Listings courtesy of One Key MLS as distributed by MLS GRID<lastMLSCheckTimestamp>. One Key MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. One Key MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of One Key MLS.

New listings near 281 23rd Street