Brooklyn, NY 11217,10 Fort Greene Place
Brooklyn, NY 11217,10 Fort Greene Place
Brooklyn, NY 11217,10 Fort Greene Place
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Listing Courtesy of Compass
$3,500,000
Est. payment /mo
New

10 Fort Greene Place Brooklyn, NY 11217

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,456 sqft

Price per Sqft $1,012

Subdivision Fort Greene

MLS Listing ID RLS20010066

Bedrooms 8

HOA Y/N Yes

Year Built 1900

Annual Tax Amount $26,916

Property Sub-Type Single Family Residence

Property Description

Welcome to 10 Fort Greene Place—an elegant, rare, 30-wide four-story building with 8 studio apartments. Each apartment is thoughtfully laid out to maximize rental value and the property has been very well maintained. This building is fully leased with 1-year-free-market leases. Ideal for an investor looking to build equity in one of New York's most desirable and storied neighborhoods, or a prime opportunity for a single-family mansion conversion on a beautiful brownstone block right next to coveted Fort Greene Park.

These apartments feature oak floors throughout, eat-in kitchens with full-sized appliances and hardwood cabinetry. Large southeast- and northwest-facing windows bathe the interiors in natural light. The building also has a large and very private backyard. The building also offers laundry facilities and bike storage in the basement.

The building's prime location ensures easy access to the vibrant offerings of the Fort Greene neighborhood, including shops, restaurants, and cultural venues such as the Brooklyn Academy of Music, Theater for a New Audience, Mark Morris Dance Center, and the legendary Fort Greene Saturday Farmer's Market. This perfect location is accessible by nearly every train line in the city via Atlantic Terminal, as well as the LIRR.

Please see the 3D tour link below.

https://rise360.vr-360-tour.com/e/oi0BlYFtRag/e?autoe3plan=true

Rent Roll 2025
- 1L: Lease ends 07/31/25, Rent $3,000, Security Deposit $3,000, Pro Forma $3,000, January Rent: $3,000
- 1R: Lease ends 07/31/25, Rent $2,075, Security Deposit $2,075, Pro Forma $2,500, January Rent: $2,075
- 2L: Lease ends 07/31/25, Rent $3,000, Security Deposit $3,000, Pro Forma $3,000, January Rent: $3,000
- 2R: Lease ends 07/31/25, Rent $2,500, Security Deposit $2,100, Pro Forma $2,500, January Rent: $2,500
- 3L: Lease ends 06/30/25, Rent $2,500, Security Deposit $2,300, Pro Forma $3,000, January Rent: $2,500
- 3R: Lease ends 03/30/25, Rent $2,300, Security Deposit $2,300, Pro Forma $2,250, January Rent: $2,250
- 4L: Lease ends 06/30/25, Rent $2,665, Security Deposit $2,665, Pro Forma $3,000, January Rent: $2,665
- 4R: Lease ends 08/30/25, Rent $2,600, Security Deposit $2,650, Pro Forma $2,700, January Rent: $2,650

Total Collected
- Annual Rent: $266,400
- January Rent: $240,480

Expenses
- Real Estate Tax: $26,917
- Cleaning & Sanitation: $10,000
- Heat: $6,506
- Insurance: $6,434
- Water & Sewer: $2,308
- Total Expenses: $52,165

Net Operating Income (NOI)
- Annual NOI: $214,236
- January NOI: $188,315

Location

State NY

County Kings

Interior

Flooring Hardwood

Furnishings Unfurnished

Fireplace No

Appliance Dryer, Washer

Laundry Common On Floor, Laundry Room, See Remarks

Exterior

View Y/N Yes

View City

Private Pool No

Building

Dwelling Type Multi Family,Townhouse

Story 4

New Construction No

Others

Ownership None

Monthly Total Fees $2, 243

Pets Allowed Building No, No

Virtual Tour https://www.vr-360-tour.com/e/oi0BlYFtRag/e?hide_e3play=true&hide_logo=true&hide_nadir=true&hidelive=false


REBNY IDX
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agent

Anthony J Guerriero

Broker | License ID: 10491204976

+1(646) 376-8752

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