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50 Fort Greene Place, Brooklyn, NY 11217

$4,625,000
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Active
BEDS8 BATHS5 full 1 partial SQUARE FEET4,140 MLS#RLS20062310
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONFort Greene

Property Description

Welcome to 50 Fort Greene Place, a renovated, income-producing three-unit brownstone on one of Fort Greene's most coveted tree-lined blocks, just half a block from Fort Greene Park and moments from BAM. Spanning approximately 4,320 square feet plus a full cellar on a 20' x 100' lot, this stately four-story townhouse was fully renovated in 2014 and is configured as three expansive, well-designed duplex apartments.
The fully occupied property currently generates $252,000 in annual income, offering strong in-place cash flow with exceptional flexibility for owner-occupiers. Both the garden duplex with private backyard and the top-floor duplex with a large private terrace are ideal candidates for an owner to live in while continuing to collect significant monthly rent from the two remaining units.
Each residence features generous living and dining areas, oversized bedrooms, excellent closet space, modern kitchens, and multiple bathrooms. The building is fully sprinklered, separately metered, and tenants individually pay their own utilities. The full cellar houses all mechanicals and additional building infrastructure.
Perfectly positioned near nearly every major subway line-G, 2, 3, 4, 5, C, B, D, N, Q, and R-the connectivity is unmatched. Daily conveniences are equally close, including a Whole Foods just a few minutes away.
Configuration Overview

  • Garden Duplex: Large 2+bedroom, 2-bathroom with private backyard 
  • Second & Third Floors: Large 3-bedroom, 2-bathroom duplex 
  • Top Duplex: Spacious 2-bedroom, 2-bathroom with private terrace 
  • Basement: Mechanical systems and shared laundry for Units 1 and 2
This is a rare opportunity to acquire a prime Fort Greene asset that delivers immediate income today with exceptional lifestyle and long-term upside built in.

50 Fort Greene Place | MLS# RLS20062310

This home located at 50 Fort Greene Place, Brooklyn, NY 11217 is currently listed for sale with an asking price of $4,625,000. This property was built in 1931 and has 8 bedrooms and 5 full and 1 partial baths with 4140 sq. ft. Fort Greene Place is located in the Fort Greene subdivision. Search Fort Greene real estate on www.joycerealty.com today.

Property Features

Property Type: Residential -
Basement: Other
Cooling: Central Air
Lot Size: 0.05 Acres
Stories: 4.0
Taxes: $8,424
Year Built: 1931

Amenities

Smoke Free
Private Outdoor Space Over 60 Sqft

Feature Descriptions

Building Features: Green Building
Days on Site: 211
Laundry: Building Other
Lot Dimensions: 20.00x100.00
Parcel#: 02097-0063
Patio/Porch: Deck, Terrace
Pets Allowed: Building Yes, No
Special View Info: Other
Units: 3

Listed By / Shown By

Listed By

Agency Name: Corcoran Group
Agency Phone: (212) 355-3550

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 12,344.20 per month $10,293.24 Principal & Interest $702.00 Property Tax $1,348.96 Homeowner's Insurance

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