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$ 1,499,000
Est. payment /mo
Price Dropped by $151K
287 23rd ST Brooklyn, NY 11215
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 499188
Bedrooms 5
Full Baths 3
Annual Tax Amount $3,426
Property Sub-Type Multi-Family
Property Description
Welcome to 287 23rd Street, a rare opportunity to own a spacious and versatile two-family home in the heart of Greenwood Heights, one of Brooklyn's fastest-growing and most sought-after neighborhoods. Built in 1901, this classic property offers approximately 2,947 SQFT across three levels on a 2,500 SF lot, combining size, flexibility, and exceptional upside for both end-users and investors alike.
The home is currently configured as a two-bedroom, one-bath unit over a spacious two-bedroom, one-bath reverse duplex, plus a studio with one bath in the above-grade basement. With a total of 5 bedrooms and 3 full bathrooms, the layout provides ample living space, income potential, or the ability to accommodate multi-generational living.
What truly sets this property apart is its R6B zoning, offering approximately 2,000 additional buildable square feet (consult architect), making it an outstanding opportunity for future development or expansion. Whether you're looking to create your dream home or maximize long-term investment value, the potential here is undeniable.
The property features solid bones, classic charm, and low-maintenance aluminum vinyl siding, but does require some TLC-making it an ideal value-add opportunity for buyers with vision. With incredibly low annual property taxes of just $3,426, this is a rare chance to secure a high-upside asset in a prime Brooklyn location.
Perfectly positioned on a quiet, tree-lined block between 5th and 6th Avenues, you're just moments from the vibrant energy of Park Slope and Sunset Park. Enjoy easy access to local cafes, restaurants, shopping, and green spaces including Green-Wood Cemetery. Commuting is seamless with nearby access to the R and D trains, offering quick connections to Manhattan and beyond.
This is a unique opportunity to secure a property that offers both immediate usability and long-term growth in a thriving Brooklyn market.
The home is currently configured as a two-bedroom, one-bath unit over a spacious two-bedroom, one-bath reverse duplex, plus a studio with one bath in the above-grade basement. With a total of 5 bedrooms and 3 full bathrooms, the layout provides ample living space, income potential, or the ability to accommodate multi-generational living.
What truly sets this property apart is its R6B zoning, offering approximately 2,000 additional buildable square feet (consult architect), making it an outstanding opportunity for future development or expansion. Whether you're looking to create your dream home or maximize long-term investment value, the potential here is undeniable.
The property features solid bones, classic charm, and low-maintenance aluminum vinyl siding, but does require some TLC-making it an ideal value-add opportunity for buyers with vision. With incredibly low annual property taxes of just $3,426, this is a rare chance to secure a high-upside asset in a prime Brooklyn location.
Perfectly positioned on a quiet, tree-lined block between 5th and 6th Avenues, you're just moments from the vibrant energy of Park Slope and Sunset Park. Enjoy easy access to local cafes, restaurants, shopping, and green spaces including Green-Wood Cemetery. Commuting is seamless with nearby access to the R and D trains, offering quick connections to Manhattan and beyond.
This is a unique opportunity to secure a property that offers both immediate usability and long-term growth in a thriving Brooklyn market.
Location
State NY
County Kings (brooklyn)
Area Greenwood Heights
Zoning R6B
Rooms
Basement Full
Interior
Hot Water Hot Water Coil in Boiler
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Other
Amenities Available NONE
Roof Type Other
Handicap Access Unknown
Building
Story 2
Foundation Other
Others
Energy Description Gas
Financing 1031 Exchange,Assumption,Bank Mortgage,Cash,Lease/Purchase,Owner
Listed by Revived Residential