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About This Home

This 5-bedroom, 3-bathroom residential multi family at 287 23rd Street in Brooklyn, NY is listed for $1,499,000 ($1,499 per sqft). the home offers 1,000 sqft of living space on a 0.06 acres lot.

Agent 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.

Key Features

  • 0.06 acre lot
  • 2 stories

Property Details

2 stories
3 full

Amenities

Hardwood

Monthly Cost Estimate

$8,017/mo

20% down · 6.5% · 30 years

Principal$1,084
Interest$6,496
Insurance$437

Estimates only. Actual payments may vary.

Location

287 23rd Street

Brooklyn, NY 11215

Features & Amenities

Interior Features

RefrigeratorStove

Property Details

Flooring

Hardwood

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 287 23rd Street is listed at $1,499,000 ($1,499/sqft). The estimated monthly payment is $6,496 based on 20% down at 6.5% interest.

Key features include: 0.06 acre lot, 2 stories. Interior Features: Refrigerator, Stove.

This property is listed by Austin Wong and can be reached at (929) 379-3750 or austin@revivedresi.com.

AW

Austin Wong

Agent at Revived Residential

(929) 379-3750

Listed by Revived Residential · View on Broker Site

MLS# 499188· Source: listhub· Updated 91 days ago

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287 23rd Street, Brooklyn, NY 11215

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