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223 15th Street, Brooklyn, NY, 11215

--beds
--baths
5,684sqft
$2,200,000
$387price/sqft
$13,428/moest. monthly cost
$537,120/yrincome needed

About This Home

223 15th Street – Opportunity in Park Slope 223 15th Street presents a rare chance to acquire a full-lot, four-story building in the heart of Park Slope, Brooklyn. The property is configured as 4 residential units, providing immediate flexibility for repositioning, renovation, or redevelopment. The building spans approximately 5,700 sq. ft. on a 20 ft × 71 ft lot within an R6B zoning district. Located just three blocks from Prospect Park and minutes from the F, G, and R subway lines, this address offers exceptional convenience and long-term rental demand. This is a short sale requiring an all-cash purchase. Perfect for investors or developers seeking a value-add opportunity in one of Brooklyn’s most sought-after neighborhoods. Property Highlights: 4-unit building Approx. 5,700 sq. ft. of interior space Short sale – all cash required Lot size: 20 × 71 ft, R6B zoning Exceptional Park Slope location near Prospect Park, shops, dining, and transit

Getting Around

98
WalkingWalker's Paradise
0
TransitVery Limited Transit
86
BikeVery Bikeable

Construction

Condition

  • Year built: 1931

Materials

  • Construction materials: Brownstone

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Full

Features

  • Other

Heating

  • Heating features: Other

Interior Area

  • Total structure area: 5,684
  • Total interior livable area: 5,684 sqft

Property

Details

  • Parcel number: 010420075
  • Attached to another structure: Yes
  • Special condition: Short Sale

Lot

  • Lot size: 1,425 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,124$133,488
Home Insurance *$339$4,068
Property Taxes $1,026$12,312
Electricity $939$11,272
Total$13,428$161,136
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$460,388/yr
40% on housing$402,840/yr
45% on housing$358,080/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$387This listing

vs Other Active Listings

Avg $/sqft

ZIP 11215$1,084
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11215$1,389
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-09-08Listed for sale$2,200,000
2023-09-06Listing removed--
2023-01-11Price change$1,999,000
2022-11-08Listed for sale$2,200,000
2022-08-25Pending sale$2,200,000
2022-08-11Listed for sale$2,200,000
2022-04-11Pending sale$2,200,000
2022-02-15Listed for sale$2,200,000

For Sale by Agent

AgentNina Sabag
Brokerage5 Boro Realty Corp

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