Fort Greene, Brooklyn, NY 11217
Property Type
Multi Family
Views
Other
Central AC
No
Pets Allowed
Yes
Year Built
1930
RE Tax
$34,656 (Monthly)
Listing courtesy of Amar Jehs of Corcoran Group.
Inquire for setup sheet and interior photos Prime Fort Greene investment opportunity offering a 10-unit multi-family brick building with all ten apartments free-market, located on a beautiful residential block perpendicular to Fort Greene Park. Building includes private backyard for garden unit, decorative fireplaces, plus shared gym and laundry room. Overview: - Annual Income: $400,200 - Annual Operating Expenses: $54,127 - Net Operating Income (NOI): $346,073 - Cap Rate: 5.13% - Total Units: 10 residential - Unit Mix: 10 free-market / 0 rent-stabilized - Building Size: 6,141 SF - Building Dimensions: 22' x 55' - Lot Dimensions: 22' x 100' - Amenities: Laundry Room & Gym - Heating/Cooling: Individual split units per apartment With 100% free-market apartments, the property offers an attractive opportunity for investors seeking long-term income growth. Located in the heart of Fort Greene, the property benefits from proximity to Fort Greene Park, Downtown Brooklyn, BAM, Barclays Center, and the neighborhood's celebrated restaurants, shopping, and cultural institutions. An opportunity to acquire a fully free-market multi-family asset in one of Brooklyn's most desirable residential neighborhoods.
10
10
9
Brooklyn
RLS20124216
6,141 Sqft
Fort Greene
Building None
Multi Family
$34,656 (Monthly)
Yes - Other
1930
Green Building
Green Building
In Unit
Townhouse
10
5
1930
Yes
Fort Greene
Brooklyn
Yes - Other
$34,656 (Monthly)
Other
Yes - Other
Yes - 1
Yes
Smoke Free
29
Total$70,040.00/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
44 South Oxford Street, New York City, NY
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Fort Greene, Brooklyn, is a vibrant neighborhood known for its rich history, cultural landmarks, and diverse community.
RLSat REBNYThis information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
Last Updated: Nov 4, 2026 at 10:48 PM
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