$5,500,000
Active
6 days on market
206 Washington Park
📍 Fort Greene, Brooklyn, NY 11205
9.0
Beds
10.0
Baths
4,600
Sqft
$1,196
Per sqft
1930
Year built
Co-op
Type
About this property
Inquire for setup sheet and interior photos Prime Fort Greene investment opportunity, offering a 10-unit multi-family brownstone with eight free-market apartments, decorative fireplaces, and a private backyard, directly overlooking the iconic Fort Greene Park. Overview: Annual Income: $327,955 Annual Operating Expenses: $65,013 Net Operating Income (NOI): $262,942 Cap Rate: 4.78% Total Units: 10 residential Unit Mix: 8 free-market / 2 rent-stabilized Building Size: 4,600 SF Building Dimensions: 23' x 50' Lot Dimensions: 23' x 100' With 80% free-market apartments, the property offers an attractive opportunity for investors seeking income growth through future upgrades
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Amenities & features
Key facts
Private backyard
2,300 sq ft lot
Built 1930
Property details
Property typeCo-op
Listing statusActive
Lot size2,300 sqft
Year built1930
Days on market6 days
MLS #RLS20124211
Estimated monthly payment
Listing price$5,500,000
Down payment (20%)$1,100,000
Loan amount$4,400,000
Principal & interest (7%, 30yr)$29,273/mo
Property tax (est.)$5,348/mo
Home insurance (est.)$2,291/mo
Estimated total$36,912/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.
