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  • $5,500,000

    206 Washington Park, Brooklyn, NY 11205

    9beds
    4,600sqft
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    Rental Unit
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $1,196/sqft
    $-- HOA

    What's special

    Private backyardDecorative fireplacesPark-front multi-family assetEight charming free-market apartments
    *Inquire for setup sheet and interior photos. Prime Fort Greene investment opportunity offering a 10-unit multi-family brownstone with eight charming 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 and rent optimization. Positioned on Fort Greene Park, one of Brooklyn's most desirable residential settings, the property benefits from an exceptional location by Downtown Brooklyn, BAM, Barclays Center, and the neighborhood's celebrated restaurants, shopping, and cultural institutions. An opportunity to acquire a park-front multi-family asset with strong long-term investment fundamentals.
    1 day
    131
    13

    Zillow last checked:

    Listing updated:

    Listed by:

    Corcoran 718-702-0389,

    Amar Jehs,

    Cory Kantin

    Source: StreetEasy,MLS#: S1856342

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 10
      • Full bathrooms: 10
      Features
      • Flooring: Hardwood
      • Has fireplace: Yes
      • Fireplace features: Decorative
      Interior area
      • Total structure area: 4,600
      • Total interior livable area: 4,600 sqft

      Property

      Features
      • Patio & porch: Other
      • Exterior features: Garden
      • Has view: Yes
      • View description: Park/Greenbelt
      Details
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Rental Unit
      Condition
      • Year built: 1930

      Community & HOA

      Community
      • Subdivision: Fort Greene
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $1,196/sqft
      • Annual tax amount: $23,328
      • Date on market: 11/4/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,743/mo

        Price history

        DateEventPrice
        11/4/2026Listed for sale$5,500,000$1,196/sqft
        Source: StreetEasy #S1856342 Report a problem
        6/22/2025Listing removed$3,750$1/sqft
        Source: Zillow Rentals Report a problem
        6/18/2025Listed for rent$3,750+36.4%$1/sqft
        Source: Zillow Rentals Report a problem
        11/24/2020Listing removed$2,750$1/sqft
        Source: Corcoran Report a problem
        11/19/2020Price change$2,750-6.8%$1/sqft
        Source: Corcoran Report a problem
        11/2/2020Listed for rent$2,950+34.1%$1/sqft
        Source: Corcoran Report a problem
        10/22/2016Listing removed$2,200-26.7%
        Source: MNS Report a problem
        6/2/2015Listing removed$3,000$1/sqft
        Source: Matthew E. Report a problem
        4/22/2015Listed for rent$3,000+1.7%$1/sqft
        Source: Matthew E. Report a problem
        1/22/2015Listing removed$2,950$1/sqft
        Source: (Lindsay) Ideal Properties Group Report a problem
        10/31/2014Listed for rent$2,950$1/sqft
        Source: (Lindsay) Ideal Properties Group Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Fort Greene

        Getting around

        93 / 100
        Walker's Paradise
        96 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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