2 days on Rocket
$10,000 Closing Credit¹
#854380, Listing Office: Douglas Elliman Real Estate
$1,425,000 List price
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
- Full Bathrooms: 6
- Appliances: Refrigerator
- Basement: Yes
- Flooring Type: Laminate
- Total Bedroom Count: 6
- Attached Garage: No
- Parking: None, None
- Architectural Style: Triplex
- Heating: Steam, Oil
- List Price: $1,425,000
- Price/SqFt: $380
- Annual Tax Amount: $13,766
- Tax Year: 2024
- Year Built: 1931
- Stories: 3
- Living Area: 3,750 SqFt
- MLS Number: 490261
- Office Name: Robert Defalco Realty
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Last updated on: 4/30/2025, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,425,000
278 21st St
$10,000
closing credit¹
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Seller rebate
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $67,056. The majority of Brooklyn, NY residents have income between $35k-100k annually. 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 Concerts
Art Museums
Hiking/backpacking
Where do the neighbors shop?
H&M
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
Audi
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
All data provided by Home Junction and Claritas
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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.
In March 2025 more than 22 listings in Brooklyn, NY were sold above the asking price. During the same period more than 171 listings were sold at asking price, while more than 156 were sold below. In March 2025 in Brooklyn, NY there were 3.8% more homes for sale than in February. In March 2025, listings were on the market for 142 days. During the same period, the median list price in this real estate market was $995,066.
From Rocket Homes Real Estate and based on county public records data.