---
title: "281 23rd Street, New York City, NY 11215"
description: "281 23rd Street, New York City, NY 11215 — Multi Family Home in Greenwood Heights, Brooklyn, NY. Listing Price $1,849,999. 20 bed, 16 bath, 8,493 sqft Illustrative Buyer Commission Share of $27,750 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/281-23rd-street-ny-11215"
source: "Real Estate Rebate Team"
status: "Active"
---

# 281 23rd Street, New York City, NY 11215

Multi Family Home in Greenwood Heights, Brooklyn, NY

Courtesy of Revived Residential

## At a Glance

- **Listing Price**: $1,849,999
- **Beds**: 20
- **Total Baths**: 16
- **Sqft**: 8,493
- **Monthly Taxes**: $5,610 / mo
- **Price per Sqft**: $218
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $1,849,999
- **Illustrative Buyer Commission Share**: -$27,750*
- **Illustrative Net Cost**: $1,822,249

*Illustrative Buyer Savings of $27,750 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![281 23rd Street, New York City, NY 11215 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/807c5511-f1ff-4c96-96ab-0b36ee2509af.jpg)
![281 23rd Street, New York City, NY 11215 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f402fdd2-086b-4fb4-a5ea-5c9e09143b5c.jpg)
![281 23rd Street, New York City, NY 11215 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0342e922-6a9f-4fb4-b7ae-0158b8a6dc79.jpg)
![281 23rd Street, New York City, NY 11215 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2dd56556-edd9-45e1-ae09-473a9cfee923.jpg)
![281 23rd Street, New York City, NY 11215 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e5b91202-6ec2-481a-9c48-1ef7c7f87e6e.jpg)
![281 23rd Street, New York City, NY 11215 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2ecbbcd1-174a-4dcc-a4a9-d0cc2b664c8c.jpg)
![281 23rd Street, New York City, NY 11215 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8b0c8756-dc4d-4a99-87b5-7e6b511fd343.jpg)
![281 23rd Street, New York City, NY 11215 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/982e606d-0439-43c0-8d64-ff5673e0ff2f.jpg)
![281 23rd Street, New York City, NY 11215 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/358eafab-658c-4dff-9346-5a937b440f00.jpg)
![281 23rd Street, New York City, NY 11215 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/35a7c604-ff38-430e-820a-5a1c08b228c7.jpg)

## Property Overview

Turnkey multifamily investment - 281 23rd Street is a beautifully-maintained masonry pre-war building spanning approximately 8,492 square feet above-grade. The building hosts 12 apartments, eight of which are configured as 2 BR, while the remaining four are 1 BR. The building is being offered for sale for the first time in almost 40 years. Current ownership has taken long-term care of the property, offering new ownership a turn-key cash flowing asset. Core asset with consistent cash flow and future upside - All apartments are rent-stabilized and leased. The asset currently generates over $270,000 gross annually. Average AGI/NSF is $34.61, equating to an average monthly rent of $1837 per apartment, this is approximately 75% of market rents of comparable rentals in area. This allows future investors to take advantage of immediate rental income on day one with virtually no work, while retaining substantial long-term upside as units are brought to market rate over time. Ideal location with multiple amenities - R subway station at the 25th Street station & the Prospect Avenue station (D, N, R, W trains). There are several markets, banks and convenience stores along with dozens of cafes and restaurants in the immediate area along 5th Avenue retail corridor. The location provides direct commutes to Manhattan and Brooklyn via these lines. Ideally positioned for quick access to the major highway interchange of I-278 (Gowanus Expressway) and NY-27 (Prospect Expressway).

## Property Details

- **Property Type**: Multi Family
- **Beds**: 20
- **Total Baths**: 16
- **Rooms**: 43
- **Sqft**: 8,493 sqft
- **Stories**: 1
- **Year Built**: 1931
- **Price per Sqft**: $218
- **Monthly Taxes**: $5,610 / mo
- **Listed On**: Mar 6, 2026
- **Days on Market**: 190 Days

### Residence Features

- Window Unit(s)
- In Unit
- Smoke Free
- Storage

## Sales Evidence

### How this price compares

The median closed price for comparable house sales in Greenwood Heights is $1,800,000, based on 15 sales between December 2021 and May 2026. This home is asking $1,849,999, $49,999 above that median. The middle half of those sales closed between $1,700,000 and $2,675,000.

- **Median closed price**: $1,800,000
- **Middle half**: $1,700,000 – $2,675,000
- **Based on**: 15 house sales in Greenwood Heights
- **Period**: December 2021 – May 2026
- **Median $/ft²**: $1,024/ft²

Across the 13 of these sales with a published asking price, the median closed at 94.7% of what it originally asked. 54% of them closed below the original ask.

A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Greenwood Heights. Apartment sales are excluded from it entirely.

### How these sales were negotiated

- **Sold vs original ask**: 94.7% of the original ask
- **Closed below ask**: 54% of 13 sales
- **Listed → in contract**: 112 days (about 16 weeks)
- **In contract → closed**: 69 days (about 10 weeks)

Across the 13 of these sales with a published asking price, the median closed at 94.7% of what it originally asked. 54% of them closed below the original ask.

Half of these homes were in contract within 112 days (about 16 weeks) of coming to market, based on the 11 with a recorded listing date.

Once a deal was agreed, closing took a further 69 days (about 10 weeks), based on the 11 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 15 house sales in Greenwood Heights, December 2021 – May 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 281 23RD Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/281-23rd-street)

## Price and Property History for 281 23RD Street

Review the recorded listing activity for 281 23RD Street, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $100,001, or 5.1%, on April 23, 2026
- **Originally listed**: March 6, 2026 at $1,950,000
- **Current asking price**: $1,849,999

| Date | Price | Listing event |
| --- | --- | --- |
| April 23, 2026 | $1,849,999 | Asking price reduced by $100,001, or 5.1% |
| March 6, 2026 | $1,950,000 | Listed for sale by Revived Residential |

## Property Tax History

Taxes at 281 23rd Street were $67,646 in 2026, up 4.1% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $547,200 | $17,550 | $529,650 | $541,170 | $67,646 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $524,700 | $17,550 | $507,150 | $519,750 | $64,969 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $476,550 | $17,550 | $459,000 | $476,550 | $59,569 | 12.5% |
| 2023 (FY 2023/24) | $586,350 | $17,550 | $568,800 | $504,990 | $63,134 | 12.502% |
| 2022 (FY 2022/23) | $571,050 | $17,550 | $553,500 | $474,660 | $58,227 | 12.267% |
| 2021 (FY 2021/22) | $440,100 | $17,550 | $422,550 | $440,100 | $53,846 | 12.235% |
| 2020 (FY 2020/21) | $472,950 | $17,550 | $455,400 | $435,150 | $53,380 | 12.267% |
| 2019 (FY 2019/20) | $454,500 | $17,550 | $436,950 | $403,290 | $50,302 | 12.473% |
| 2018 (FY 2018/19) | $434,700 | $17,550 | $417,150 | $369,810 | $46,640 | 12.612% |
| 2017 (FY 2017/18) | $439,200 | $17,550 | $421,650 | $335,790 | $42,709 | 12.719% |
| 2016 (FY 2016/17) | $374,400 | $17,550 | $356,850 | $291,420 | $37,570 | 12.892% |
| 2015 (FY 2015/16) | $313,650 | $17,550 | $296,100 | $256,050 | $32,987 | 12.883% |
| 2014 (FY 2014/15) | $287,100 | $17,550 | $269,550 | $241,470 | $31,041 | 12.855% |
| 2013 (FY 2013/14) | $264,600 | $17,550 | $247,050 | $233,550 | $30,700 | 13.145% |
| 2012 (FY 2012/13) | $217,350 | $17,550 | $199,800 | $230,040 | $30,322 | 13.181% |
| 2011 (FY 2011/12) | $197,550 | $17,550 | $180,000 | $252,720 | $33,948 | 13.433% |
| 2010 (FY 2010/11) | $240,750 | $17,370 | $223,380 | $236,880 | $31,631 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 3008990049. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 281 23rd Street

Greenwood Heights · Multi Family

281 23rd Street, Brooklyn, NY 11215

A building in Greenwood Heights, currently featuring 1 active listing.

- **Year Built**: 1931
- **Total Units**: 1
- **Floors**: 1

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/281-23rd-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/281-23rd-street-ny-11215) | 20 | 9 | 8,493 sqft | $218 | $1,849,999 (-5.1%) | Revived Residential | Mar 6, 2026 | 189 days |

## Estimated Monthly Payment

**$14,965 / month**, assuming a 20% down payment ($370,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $9,355
- **Property Taxes**: $5,610

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Greenwood Heights

Overview of Greenwood Heights

[Explore Greenwood Heights](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/greenwood-heights) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Greenwood Heights

- [Park Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/park-slope)
- [Windsor Terrace real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/windsor-terrace)
- [Gowanus real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gowanus)
- [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park)
- [Carroll Gardens real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/carroll-gardens)
- [Prospect Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights)

## Related Links

- [281 23RD Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/281-23rd-street)
- [Greenwood Heights neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/greenwood-heights)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> 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. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.