287 23rd Street
Brooklyn, NY 11215
Cross street:5th Avenue

Building

Type:House
Era:Post-war
Floors:2

Property

Ownership: Multi-Family
Rooms: 10
Bedrooms: Studio

Financials

Price:$1,650,000
Real estate tax:$3,432
Listing Courtesy of Revived Residential

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 ...

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 square feet 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. Bring your contractor and your vision to unlock its full potential.

Neighborhood

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RLS Data display by Nest Seekers LLC.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.