RealtyLens
for saleRealtyLens property overview
$4,200,000

277 7th St

Brooklyn, NY, 11215
View more Brooklyn, NY property pages
42Beds
20Baths
15,708Sqft
$267$/sqft

Listing Notes

Prime Park Slope Investment | Rare 20-Unit Asset Exceptional opportunity to acquire a fully stabilized 20-unit multifamily building in Prime Park Slope, Brooklyn-one of the city's most supply-constrained and high-demand rental markets. This well-maintained pre-war walk-up is in excellent condition and features a strong unit mix ranging from studios to three-bedroom apartments, ensuring consistent tenant demand and long-term income stability. The property is 100% occupied with all units rent-stabilized (no rent-controlled apartments), providing predictable cash flow and long-term appreciation potential. Additional upside is generated through a rooftop lease with AT&T for cellular equipment, creating supplemental income beyond residential rents. A true core asset in a premier Brooklyn location-ideal for investors seeking secure cash flow, proven demand, and long-term value preservation in one of NYC's strongest rental corridors.

Market Insights

Below nearby median-76%

$267/sqft vs a nearby median of $1127/sqft.

Nearby median$1127/sqft
Nearby properties12
Property size15,708 sqft
  • -76% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 15,708 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$17M$15M$18M · 50% confidence
vs ask $4.20M−$13M (−302.5%)

Asking price is about 302.5% below the fair value — likely to draw competing offers if it's still on market.

$1,127/sqft median across 9 tight comps × 15,708 sqft= $18M
  • Open Class C HPD violations−$1.06M −6.0%
  • Transit access+$443k +2.5%
  • Pre-war character+$443k +2.5%
  • Visible condition issues−$354k −2.0%
  • Days-on-market gravity−$266k −1.5%
Cumulative NYC adjustments−$797k−4.5%

Property Read

FreshnessVerification recommended

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

Market Position-76% 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 Read2 items 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
112 days
Last price change
No change recorded
Listed
Jan 20, 2026
Photos
4 photos
Property type
multi family
Status
for sale

Features & Amenities

Hardwood FloorsRental Property

Building Facts

Year built
1914
Stories
4
Total units
20
Residential units
20
Building area
15,708 sqft
Lot size
10,000 sqft
Land use
Multi-family walk-up buildings
Building class
C1

From NYC public records where available.

Price History

May 4, 2026Initial record
$4,200,000for sale

Public Records

DOB violations1 open

2 total recorded against the building

HPD violations76 open

10 class C (immediately hazardous)

ACRIS documents32

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

311 calls (12 mo)29,787

Top: illegal parking

Top complaint types in ZIP 11215

  • Illegal Parking6,054
  • HEAT/HOT WATER2,144
  • Street Condition1,124
  • Noise - Residential942
  • Snow or Ice941

Recent DOB

  • Nov 14, 2025V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Feb 13, 2004V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED

Recent HPD

  • Jan 13, 2026Class B · § 27-2005, 2007 ADM CODE REMOVE THE ILLEGAL FASTENING KEY OPERATED LOCK AT FIRE DOOR LEAD TO NORTH YARD AT PUBLIC HALL, 1st STORY
  • Dec 7, 2025Class C · § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE LATCH AT BUILDING E...
  • Nov 2, 2025Class C · § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGE IN THE ENTRAN...
  • Nov 2, 2025Class B · § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR THE CEILING IN THE 4th ROOM FROM NORTH LOCATED AT APT 5C, 5th STORY, 2nd APARTM...

Recent Transfers (ACRIS)

  • May 21, 2021DEED
  • Mar 8, 1977DEED

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.