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279 Henry St APT 1, Brooklyn, NY, 11201

12beds
12baths
6,594sqft
$5,000,000
$758price/sqft
$30,146/moest. monthly cost
$1,205,840/yrincome needed

About This Home

A rare opportunity to acquire a pre-war, 5-story, 10-unit building on one of Brooklyn Heights' most sought-after blocks. Totaling approximately 6,594 square feet, the building is comprised of 8 one-bedroom and 2 two-bedroom units, with 9 free market and 1 rent stabilized. There is 1 unit currently vacant and ready for immediate use or renovation. The building lends itself to multiple purchasing strategies: a value-add to capitalize on the strong rental demand, a condo conversion, or a townhouse conversion. Contact for financials, rent roll, showing schedule, and more details.

Getting Around

97
WalkingWalker's Paradise
0
TransitVery Limited Transit
93
BikeBiker's Paradise

Schools

5/10
Zipporiah MillsGrades PK-50.5 mi
1/10

Construction

Condition

  • Year built: 1900

Type & Style

  • Home type: SingleFamily
  • Property subType: Rental Unit

Interior

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 12
  • Full bathrooms: 12

Features

  • Flooring: Hardwood
  • Fireplace features: Decorative
  • Fireplace: Yes

Interior Area

  • Total structure area: 6,594
  • Total interior livable area: 6,594 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Courtyard,Garden
  • Has view: Yes
  • View description: City,Garden

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 $25,282$303,384
Home Insurance *$1,442$17,304
Property Taxes $2,333$27,996
Electricity $1,089$13,076
Total$30,146$361,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,033,577/yr
40% on housing$904,380/yr
45% on housing$803,893/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

$758This listing

vs Other Active Listings

Avg $/sqft

ZIP 11201$1,383
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11201$1,861
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
2026-05-20Listed for sale$5,000,000
2018-05-24Listing removed$3,150
2018-05-18Listed for rent$3,150
2014-11-20Listing removed$2,900
2014-11-05Price change$2,900
2014-10-23Price change$3,000
2014-10-09Listed for rent$3,200

For Sale by Agent

AgentNatalie Rakowski
BrokerageDouglas Elliman

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