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Executive Summary
An exceptional opportunity to own a well-located six-unit apartment building in one of Brooklyn's fastest-growing and most sought-after neighborhoods. Situated at 144 23rd Street, Brooklyn, NY 11232, this income-producing property is positioned in the thriving Greenwood Heights/Sunset Park corridor, an area experiencing continued residential and commercial growth. The building contains six residential apartments and offers investors the chance to own a property in a neighborhood with consistently strong rental demand.
Location is everything, and this property delivers. Just moments from the 25th Street R subway station, residents enjoy an easy commute throughout Brooklyn and Manhattan. Additional nearby subway access includes the 36th Street (D, N & R) and 4th Avenue-9th Street (F & G) stations, while nearby bus routes provide even greater connectivity.
The neighborhood has become one of Brooklyn's most desirable destinations thanks to its proximity to Industry City, a vibrant hub featuring boutique shopping, acclaimed restaurants, cafés, breweries, art galleries, fitness studios, and year-round community events. Residents are also minutes from Liberty View Industrial Plaza, home to national retailers including Costco, Saks OFF 5TH, Buy Buy Baby, and other everyday conveniences. Liberty View Industrial Plaza
Outdoor enthusiasts will appreciate being close to the historic Green-Wood Cemetery, while nearby Prospect Park offers over 500 acres of recreation, walking trails, sports fields, and cultural events. Easy access to the Brooklyn waterfront, Brooklyn Cruise Terminal, and the NYC Ferry further enhances the area's appeal.
Neighborhood dining continues to attract new residents, with local favorites including Kotti Berliner Döner Kebab at Industry City, Jey Diner, and Big John's Coffee Shop & Grill. Daily conveniences are just around the corner with shopping at Ideal Food Basket and numerous neighborhood markets.
Whether you're looking to expand your multifamily portfolio, complete a 1031 exchange, or acquire a long-term investment in one of Brooklyn's most dynamic neighborhoods, 144 23rd Street offers an outstanding combination of location, accessibility, and enduring income potential. Opportunities to purchase six-unit buildings in this highly desirable pocket of Brooklyn are increasingly rare—don't miss your chance to own a valuable asset in one of New York City's strongest rental markets.
Location is everything, and this property delivers. Just moments from the 25th Street R subway station, residents enjoy an easy commute throughout Brooklyn and Manhattan. Additional nearby subway access includes the 36th Street (D, N & R) and 4th Avenue-9th Street (F & G) stations, while nearby bus routes provide even greater connectivity.
The neighborhood has become one of Brooklyn's most desirable destinations thanks to its proximity to Industry City, a vibrant hub featuring boutique shopping, acclaimed restaurants, cafés, breweries, art galleries, fitness studios, and year-round community events. Residents are also minutes from Liberty View Industrial Plaza, home to national retailers including Costco, Saks OFF 5TH, Buy Buy Baby, and other everyday conveniences. Liberty View Industrial Plaza
Outdoor enthusiasts will appreciate being close to the historic Green-Wood Cemetery, while nearby Prospect Park offers over 500 acres of recreation, walking trails, sports fields, and cultural events. Easy access to the Brooklyn waterfront, Brooklyn Cruise Terminal, and the NYC Ferry further enhances the area's appeal.
Neighborhood dining continues to attract new residents, with local favorites including Kotti Berliner Döner Kebab at Industry City, Jey Diner, and Big John's Coffee Shop & Grill. Daily conveniences are just around the corner with shopping at Ideal Food Basket and numerous neighborhood markets.
Whether you're looking to expand your multifamily portfolio, complete a 1031 exchange, or acquire a long-term investment in one of Brooklyn's most dynamic neighborhoods, 144 23rd Street offers an outstanding combination of location, accessibility, and enduring income potential. Opportunities to purchase six-unit buildings in this highly desirable pocket of Brooklyn are increasingly rare—don't miss your chance to own a valuable asset in one of New York City's strongest rental markets.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $250,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 6 | Building Size | 8,548 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1929 |
| Zoning | M1-2 - M1-2 Zoning is a Light Manufacturing Zoning district in NYC. | ||
| Price | $1,500,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 8,548 SF |
| No. Stories | 3 |
| Year Built | 1929 |
| Zoning | M1-2 - M1-2 Zoning is a Light Manufacturing Zoning district in NYC. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 3 | - | - |
1 1
Very walkable
80/100
Fairly drivable
50/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00648-0022 | Total Assessment | $1,058,400 (2026) |
| Land Assessment | $11,700 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,046,700 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
00648-0022
Land Assessment
$11,700 (2026)
Improvements Assessment
$1,046,700 (2026)
Total Assessment
$1,058,400 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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