$4,200,000

277 E 7th St Brooklyn, NY 11218

Kensington Neighborhood

Estimated payment $31,598/month

Total Views 4,702
42 Beds
20 Baths
15,708 Sq Ft
$267 Price per Sq Ft

Highlights

  • 10,000 Sq Ft lot
  • Wood Flooring
  • Back Yard
  • P.S. 130 - The Parkside School Rated A-
  • Heating System Uses Steam

About This Home

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.

Listing Agent

Nicholas Venturini

Ben Bay Realty Co Listed on: 01/20/2026

Co-Listing Agent

Christina Girgenti

Ben Bay Realty Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $106,950

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100 x 50
  • Back Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 15,708 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 42 Bedrooms
  • 20 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 993

Community Details

Overview

  • 20 Units

Building Details

  • Fuel Expense $21,688
  • Insurance Expense $16,228
  • Utility Expense $2,034
  • Gross Income $413,701
  • Net Operating Income $238,701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$106,950

Lot Details

10,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Unfinished
  • Borough: Brooklyn
  • Building Length: 89.00
  • Building Width: 50.00
  • Co List Office Mls Id: 116070
  • Co List Office Phone: (718) 680-6442
  • Confirmed By M L S Y N: Yes
  • Cross Street: 4TH AV
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 20
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 15708
  • Street Name I D X: 7th
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 20
  • Total Bedrooms: 42
  • Flooring: Hardwood
  • Lot Sq Ft: 10000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Block, Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Lot Number: 72
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 21688.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 50

Multi Family

  • Annual Gross Expense: 175000.00
  • Annual Gross Income: 413701
  • Insurance Expense: 16228.00
  • Property Net Operating Income: 238701.00
  • Annual Utility Expenses: 2034.00

Tax Info

  • Flip Tax Amount: 106950.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $9,281 $92,160 $30,300 $61,860
2025 $8,755 $93,180 $30,300 $62,880
2024 $8,755 $109,620 $30,300 $79,320
2023 $8,613 $96,420 $30,300 $66,120
2022 $7,988 $78,900 $30,300 $48,600
2021 $8,421 $86,520 $30,300 $56,220
2019 $7,599 $116,040 $30,300 $85,740
2018 $7,204 $35,340 $10,829 $24,511
2017 $6,797 $33,343 $12,390 $20,953
2016 $6,666 $33,343 $15,197 $18,146
2015 $3,794 $32,089 $18,002 $14,087
2014 $3,794 $30,273 $16,553 $13,720
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/20/2026 01/20/26 For Sale $4,200,000 0.0% $267 / Sq Ft
09/20/2021 09/20/21 Rented -- -- --
08/21/2021 08/21/21 Under Contract -- -- --
08/03/2021 08/03/21 For Rent $2,750 -- --
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 498503

Brooklyn Board of REALTORS®

APN: 05340-0079

New York Kings County Brooklyn 11218 Kensington

277 E 7th St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Nicholas Venturini
Listing Agent
Nicholas Venturini
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Ben Bay Realty Co
(917) 905-2368
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