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277 7th St
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
$267/sqft vs a nearby median of $1127/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
Asking price is about 302.5% below the fair value — likely to draw competing offers if it's still on market.
- 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%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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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
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
Public Records
2 total recorded against the building
10 class C (immediately hazardous)
Tax-lot deed, mortgage, and transfer records on file
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.