NY > Brooklyn > Fort Greene
Brooklyn, NY 11217,50 FORT GREENE Place
Brooklyn, NY 11217,50 FORT GREENE Place
Brooklyn, NY 11217,50 FORT GREENE Place
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Randy Reis

Randy Reis

+1(917) 336-1118
Listing Courtesy of Corcoran Group
$4,995,000
Est. payment /mo
8 Beds
6 Baths
4,140 SqFt
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UPDATED:

Key Details

Property Type Multi Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,140 sqft

Price per Sqft $1,206

Subdivision Fort Greene

MLS Listing ID RLS20062310

Bedrooms 8

HOA Y/N No

Year Built 1931

Annual Tax Amount $8,424

Property Sub-Type Multi Family

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.

Location

State NY

County Kings

Rooms

Basement Other

Interior

Interior Features Smoke Free

Cooling Central Air

Fireplace No

Laundry Building Other

Exterior

Exterior Feature Private Outdoor Space Over 60 Sqft

View Y/N Yes

View Other

Porch Deck, Terrace

Private Pool No

Building

Dwelling Type Townhouse

Story 4

New Construction No

Others

Pets Allowed Pets Allowed

Tax ID 02097-0063

Ownership None

Monthly Total Fees $702

Special Listing Condition Standard

Pets Allowed Building Yes, No

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REBNY IDX
RLS Data display by eXp Realty

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Randy Reis

Randy Reis

+1(917) 336-1118

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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