Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
287 23RD Street
Interested in this property?
Active For Sale Multi Family

$1,499,000

$509 per sq ft

287 23RD Street

Greenwood Heights, Brooklyn

MLS® #RLS20074431

RLS at REBNY

Listing by Revived Residential

5

Bedrooms

3

Baths

2,947

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Living Area 2,947 sq ft
Lot Size 2,504.25 sq ft
Year Built 1901
Ownership None
Property Taxes $3,432/yr
Neighborhood Greenwood Heights
Floor 1 of 1

Property Highlights

  • Views: Other
  • Fireplace: 1 fireplace
  • Character: Pre-war building (1901)

Property Details

Type Multi Family
Ownership None
Total Rooms 10
Baths 3 Full
Floor 1 of 1
View Other
Pets Yes
Year Built 1901
Living Area 2,947 sq ft
Structure Type Townhouse
Basement Other
Lot Size 2,504.25 sq ft
Parcel # 00899-0046
Block/Lot 00899/0046

Listing History

Event Date Price Change
Listed Mar 2, 2026 $1,650,000 -
Currently May 4, 2026 $1,499,000 -9.2%

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.

Features & Amenities

Interior Features

Smoke Free In Unit Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units -1
Stories 1
Structure Townhouse

Financial Details

RE Taxes $3,432/yr ($286/mo)
Original Price $1,650,000
Previous Price $1,650,000

Greenwood Heights is a Brooklyn neighborhood bordering Green-Wood Cemetery, with housing stock ranging from historic pre-war cooperatives to newer condominium developments. R/D/N train service connects to Manhattan.

Greenwood Heights Live Market Data

View Neighborhood

Active Listings

34

Median Asking Price

$1.60M

Median $/Sqft

$1,079

Avg Days on Market

N/A

New This Week

1

Price Reduced

32%

Sold (30 Days)

4

Median Sale Price

$1.24M

Live data from RLS at REBNY • Updated 5/4/26, 12:15 AM EST

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Location

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287 23RD Street, Greenwood Heights, Kings County

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
2
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $187,980
Land Value: $16,500
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,504 SF
Building Area: 2,947 SF
Built FAR: 1.18
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $3,432, or roughly $286 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 3 full bathrooms.

The listed interior living area is 2,947 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1901, making it approximately 125 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,499,000 for 2,947 sq ft, the asking price per square foot is approximately $509. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20074431
First Listed: 3/2/2026
On Market: 3/2/2026
Price Changed: 4/23/2026
Contract Date: 3/2/2026

Listing Courtesy of Revived Residential - Austin Wong

Listing Contact: (718) 219-9122

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 4:15 AM UTC

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