The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$2,800,000
318 23rd St Lot 48
Brooklyn, NY, 11215
View more Brooklyn, NY property pagesN/ABeds
N/ABaths
5,940Sqft
$471$/sqft
Market Insights
Below nearby median-66%
$471/sqft vs a nearby median of $1395/sqft.
Nearby median$1395/sqft
Nearby properties12
Property size5,940 sqft
- -66% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 5,940 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$8.04M$7.31M – $8.76M · 50% confidence
vs ask $2.80M−$5.24M (−187.0%)
Asking price is about 187.0% below the fair value — likely to draw competing offers if it's still on market.
$1,395/sqft median across 10 tight comps × 5,940 sqft= $8.29M
- Days-on-market gravity−$249k −3.0%
- Pre-war character+$207k +2.5%
- Open Class C HPD violations−$124k −1.5%
- Visible condition issues−$124k −1.5%
- Transit access+$41k +0.5%
Cumulative NYC adjustments−$249k−3.0%
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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Listing Details
- Days on market
- 489 days
- Last price change
- No change recorded
- Listed
- Jan 8, 2025
- Photos
- 2 photos
- Property type
- land
- Status
- for sale
Building Facts
- Year built
- 1931
- Stories
- 3
- Total units
- 6
- Residential units
- 6
- Building area
- 5,940 sqft
- Lot size
- 5,008 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C2
From NYC public records where available.
Price History
May 4, 2026Initial record
$2,800,000for sale
Public Records
DOB violations4 open
8 total recorded against the building
HPD violations2 open
1 class C (immediately hazardous)
ACRIS documents36
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)29,819
Top: illegal parking
Top complaint types in ZIP 11215
- Illegal Parking6,063
- HEAT/HOT WATER2,144
- Street Condition1,124
- Noise - Residential944
- Snow or Ice941
Recent DOB
- Jun 20, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 20, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Nov 8, 2019V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Feb 24, 2017V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
Recent HPD
- Dec 5, 2023Class A · § 27-2017.3 HMC: TRACE AND REPAIR THE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... AT WINDOW FRAME AT EAST WALL (APPROX 2 SQ FT) IN THE BATHROOM LOCATED AT APT 2L, 2nd STORY, ...
- Apr 25, 2023Class C · § 27-2044, 2041.1 HMC: §238 MDL and 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING THE DOORS THAT IS MISSING OR DEFECTIVE AT FRONT ENTRANCE TO BUILDING , 1st STORY
- Apr 22, 2023Class 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 BUILDING ENTRANCE D...
- Mar 20, 2023Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
Recent Transfers (ACRIS)
- Aug 6, 1975DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.