$1,425,000

278 21st St Brooklyn, NY 11215

$10,000
Closing credit¹
6 beds
6 full
3,750 sqft
$380 / sqft
Multi-Family

Property details

About 278 21st St

This 6-family home in the desirable Greenwood Heights section of Brooklyn offers a fantastic investment opportunity. The building consists of six identical 1-bedroom apartments, with one unit currently vacant and the remaining five occupied with no leases in place, allowing for significant upside potential in rental income. The property is situated in a prime location with strong rental demand, just a short distance from public transportation, including the R train at 25th Street and multiple bus lines. Residents enjoy easy access to Industry City, and Prospect Park, along with a variety of local cafes, restaurants, and boutique shops. Greenwood Heights is known for its tree-lined streets, historic charm, and close-knit community, offering a blend of peaceful residential living with the convenience of nearby commercial hubs. Its proximity to Park Slope, Sunset Park, and Industry City, along with easy access to Manhattan, makes this a highly desirable location for renters. This is a rare opportunity to own a solid income-producing property in one of Brooklyn’s most sought-after neighborhoods.

Highlights

Home typeMulti Family
HeatingSteam, Oil
StatusActive
Size3,750 sqft
BasementYes
Year built1931
ParkingNone, None
MLS #490261

Summary

  • MLS Number: 490261
  • Office Name: Robert Defalco Realty

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Last updated on: 4/9/2025, 4:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property featuring cooling unit, stone siding, and stucco siding

$1,425,000

278 21st St

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$516,600$13,766
2023$476,550$13,327
2021$414,900$11,222
2019$454,050$10,565
2018$82,002$9,662
2017$75,972$9,072

History based on county public records data.

Nearby schools

7

P.S. 295 Brooklyn

Public District PK-5

0.2 mi

330 18th St

8

Magnet School of Math, Science & Design Technology

Public Magnet KG-5

0.3 mi

511 7th Ave

9

P.S. 172 Beacon School of Excellence

Public District KG-5

0.5 mi

825 4th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $67,056. Residents of Brooklyn, NY typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

19%
<35k
49%
35k-100k
28%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

56%
Single, No Kids
7%
Single, with Kids
17%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
4%
12-17 yrs old
44%
18-34 yrs old
33%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 278 21st St in Brooklyn, NY and zip code 11215 in the South Brooklyn neighborhood. This 3,750 square foot home was built in 1931. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $1,425,000.

Brooklyn, NY housing market in March 2025 saw over 22 listings sold above listed price, more than 171 sold at listed price and over 156 sold below. The inventory of homes for sale in Brooklyn, NY between February and March 2025 increased by 3.8%. In March 2025 median list price was $995,066 and the average listing age was 142 days.

From Rocket Homes Real Estate and based on county public records data.

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