*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.
Active
$5,500,000
206 Washington Park, Brooklyn, NY 11205
9beds
4,600sqft
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
- 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
| Date | Event | Price |
|---|---|---|
| 11/4/2026 | Listed for sale | $5,500,000$1,196/sqft |
Source: StreetEasy #S1856342 Report a problem | ||
| 6/22/2025 | Listing removed | $3,750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/18/2025 | Listed for rent | $3,750+36.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/24/2020 | Listing removed | $2,750$1/sqft |
Source: Corcoran Report a problem | ||
| 11/19/2020 | Price change | $2,750-6.8%$1/sqft |
Source: Corcoran Report a problem | ||
| 11/2/2020 | Listed for rent | $2,950+34.1%$1/sqft |
Source: Corcoran Report a problem | ||
| 10/22/2016 | Listing removed | $2,200-26.7% |
Source: MNS Report a problem | ||
| 6/2/2015 | Listing removed | $3,000$1/sqft |
Source: Matthew E. Report a problem | ||
| 4/22/2015 | Listed for rent | $3,000+1.7%$1/sqft |
Source: Matthew E. Report a problem | ||
| 1/22/2015 | Listing removed | $2,950$1/sqft |
Source: (Lindsay) Ideal Properties Group Report a problem | ||
| 10/31/2014 | Listed for rent | $2,950$1/sqft |
Source: (Lindsay) Ideal Properties Group Report a problem | ||
Public tax history
Tax history is unavailable.







