SOLD FOR $910,000
Listed at $950,000 · Sold 4.2% below asking · Closed April 26, 2019
$950,000
259 E 23rd Street
MLS® #RLS10519993
Listing by The Corcoran Group
6
Bedrooms
3
Baths
N/A
Sq. Ft.
1910
Year Built
Quick Summary
Property Highlights
- Style: Prewar architecture
- Character: Pre-war building (1910)
Property Details
Description
IN CONTRACTWelcome to 259 East 23rd Street, a classic 20-foot-wide legal two-family brick townhouse built in 1910 in the heart of the new Flatbush renaissance on the border of Ditmas Park. This is an ideal opportunity for a homeowner resident looking to live in one unit while earning income from the other; a unique opportunity to create a magnificent triplex single-family home in one of Brooklyn's re-surging neighborhoods with an easy commute to the city, or an investor (including 1031 exchange) looking for immediate income (proj. Cap Rate 4.3% with current rent roll). The house is turnkey with updated systems blended with original details but could use some updating mostly cosmetic for a more discerning owner whod like to create a dream home for themselves. This 2-story property includes two convertible 3 bedroom floor-through units (plus home office in the top floor apt), featuring hardwood floors and classic details, high ceilings, large windows allowing ample lighting in from both eastern and western exposures, kitchens with modern stainless appliances and wood cabinetry, laundry hook-ups in each apartment; plus 1000 SF shared finished basement with recreation room, laundry, storage, full bath, and boasts an Ecobee smart home thermostat, sensor and remote digital control system for the building (heating), brand new video intercom installed for both units and the basement, plus park-like shared shaded backyard garden. The house has 2000 SF of interior space - 20x53 feet - not including basement, sitting on a 2000 SF lot (20x100) with 700 SF of unused FAR so has long-term potential for expansion if desired. Sears-Roebuck, La Cabaa Rodriguez, Crunch Gym Flatbush and Ditmas Park Yoga Society are 8 minutes away. Nearby transportation includes bus lines: B41, B49, B44 and the property is 1/3 mile from the 2 and 5 train stations (Beverley Road or Newkirk) and approx. half mile from the B and Q trains (Cortelyou or Beverley), all for a subway commute of less than an hour to midtown. There are currently two tenants in place until 3/2019 and 8/2019. One unit can be delivered vacant.
Building Information
About Flatbush
View All Flatbush ListingsFlatbush features one of Brooklyn's most varied housing stocks, including grand detached Victorians along Ocean Avenue, limestone and brownstone rowhouses, prewar apartment buildings, and brick townhomes within landmarked districts like Prospect Park South and Ditmas Park. The Q, 2, and 5 trains connect the neighborhood to Manhattan, while Prospect Park's 526 acres of green space border the northern edge. The restored Kings Theatre, a 1920s-era landmark performance venue, and Erasmus Hall High School, founded in 1786, are among the area's most notable architectural features.
Flatbush Live Market Data
View NeighborhoodActive Listings
41
Median Asking Price
$525K
Median $/Sqft
$480
Avg Days on Market
N/A
New This Week
2
Price Reduced
37%
Sold (30 Days)
5
Median Sale Price
$445K
Live data from RLS at REBNY • Updated 3/25/26, 8:57 PM EST
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Location
259 E 23rd Street, Flatbush, Kings County • Near Cortelyou Road & Clarendon Road
Floor Plans
Listing Data
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Market Data
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Map & Location
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Listing Courtesy of The Corcoran Group - Bruce Henderson
Listing Contact: (646) 287-1765
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.
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RLS Data display by Keller Williams NYC. Data last updated on 3/26/2026 at 12:57 AM UTC