RealtyLens
for saleRealtyLens property overview
$2,199,000

2315 Avenue Z

Brooklyn, NY, 11235
View more Brooklyn, NY property pages
11Beds
6Baths
6,720Sqft
$327$/sqft

Listing Notes

An Excellent opportunity to acquire a semi-detached 6-family building in a prime Sheepshead Bay location, delivered fully vacant at closing-a rare find with strong upside potential. The building measures approximately 21' * 80' on a 26.25 x 100' lot and consists of five (5) two - bedrooms apartments and one - bedroom apartment, offering flexible options for end users or investors seeking to reposition and maximize returns. The property has been well maintained and thoughtfully updated. Major capital improvements include a brand-new heating and hot water system installed in 2025, along with separate gas and electric meters for all six units. The exterior and roof are in excellent condition, reflecting consistent ownership care. Ideally located within a short distance to shopping, dining, and public transportation, including the B & Q subway lines, with quick access to the Belt Parkway, providing seamless commuting to Manhattan and beyond. Whether for family use, long-term investment, or value-add strategy, this fully vacant presents a compelling opportunity in a high-demand neighborhood.

Market Insights

Below nearby median-46%

$327/sqft vs a nearby median of $603/sqft.

Nearby median$603/sqft
Nearby properties8
Property size6,720 sqft
  • -46% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 6,720 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$3.93M$3.58M$4.28M · 50% confidence
vs ask $2.20M−$1.73M (−78.7%)

Asking price is about 78.7% below the fair value — likely to draw competing offers if it's still on market.

$603/sqft median across 8 tight comps × 6,720 sqft= $4.05M
  • Pre-war character+$101k +2.5%
  • Days-on-market gravity−$81k −2.0%
  • Visible condition issues−$81k −2.0%
  • Sparse street life−$61k −1.5%
  • Transit access+$20k +0.5%
  • Moderate flood-area edge−$20k −0.5%
Cumulative NYC adjustments−$122k−3.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-46% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
120 days
Last price change
No change recorded
Listed
Jan 12, 2026
Photos
16 photos
Property type
multi family
Status
for sale
Last sold
Jun 1, 1981 · $62,727

Features & Amenities

Central AirHardwood FloorsTwo Or More StoriesShopping NearbyShopping

Photos

Building Facts

Year built
1931
Stories
3
Total units
6
Residential units
6
Building area
5,040 sqft
Lot size
2,625 sqft
Land use
Multi-family walk-up buildings
Building class
C2

From NYC public records where available.

Price History

May 4, 2026Initial record
$2,199,000for sale

Public Records

DOB violations4 open

5 total recorded against the building

HPD violations3 open

16 total recorded

ACRIS documents12

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)35,678

Top: illegal parking

Top complaint types in ZIP 11235

  • Illegal Parking10,744
  • Blocked Driveway3,107
  • HEAT/HOT WATER2,354
  • Noise - Residential2,049
  • Dirty Condition870

Recent DOB

  • Jun 30, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Nov 8, 2019V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Oct 1, 2015V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Mar 3, 2015V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED

Recent HPD

  • Jul 20, 2022Class A · § 53, 187, 231 M/D LAW AND DEPARTMENT RULES AND REGULATIONS. PROVIDE A SHOE PROPERLY SECURED TO BOTTOM OF STRING OF DROPLADDER AT STACK AT NORTH (REAR)EXTERIOR WALL AT FIRE ESCAPE
  • Jul 20, 2022Class A · § 27-2005 HMC: POST, IN A FORM APPROVED BY THE COMMISSIONER, AND MAINTAIN A NOTICE IN A COMMON AREA OF THE BUILDING REGARDING THE PROCEDURES THAT SHOULD BE FOLLOWED WHEN A GAS L...
  • Jul 20, 2022Class A · § 26-1103 ADMIN. CODE: POST AND MAINTAIN A PROPER NOTICE ON WALL OF THE ENTRANCE STORY IN ENGLISH AND SPANISH ON THE AVAILABILITY OF THE AGENCY S HOUSING INFORMATION GUIDE. A SA...
  • Jul 20, 2022Class A · § 27-2046.1 HMC: POST A PROPER NOTICE OF CARBON MONOXIDE DETECTING DEVICE REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, IN A COMMON AREA OF A CLASS A MULTIPLE DWELLING N...

Recent Transfers (ACRIS)

  • Oct 4, 2007DEED
  • Jun 14, 1974DEED

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.

2315 Avenue Z, Brooklyn, NY, 11235 | RealtyLens