Well-proportioned one-bedroom apartmentsPrivate gardenSoaring ceilingsBeautiful original architectural detailsBright sun-filled studio residencesSpacious first-floor two-bedroom duplexOn-site laundry
Calling Investors & End Users!
Offered for the first time in over 40 years, this exceptional Fort Greene property presents a rare opportunity to acquire a well-maintained, income-producing asset in one of Brooklyn's most sought-after neighborhoods. With strong in-place income, below-market rents, and multiple value-add opportunities, this property offers outstanding long-term upside for investors and end users alike.
Several apartments have been thoughtfully renovated and remain rented below market, creating significant potential for future rental growth. The building also features attractive amenities, including on-site laundry and dedicated private storage for every apartment.
The current layout includes:
- A spacious first-floor two-bedroom duplex featuring a private garden, soaring ceilings, and beautiful original architectural details.
-Second and third floors with well-proportioned one-bedroom apartments.
- Fourth and fifth floors offering bright, sun-filled studio residences.
In addition to its strong rental profile, the property offers flexibility for future repositioning, including the potential for a condominium conversion or conversion to a spectacular single-family residence (subject to applicable approvals).
Ideally located in the heart of Fort Greene, the property is just moments from Atlantic Terminal, Fort Greene Park, BAM, Brooklyn Hospital, and the neighborhood's thriving retail, dining, and office corridors. Multiple subway lines provide exceptional access throughout Brooklyn and Manhattan.
With low operating expenses, numerous capital improvements completed over the years, and exceptional long-term appreciation potential, this is a rare opportunity to own a trophy asset in one of Brooklyn's most established and continually growing neighborhoods.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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