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In contract
  • $1,990,000

    290 Leonard St, Brooklyn, NY 11211

    5beds
    1,955sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $1,018/sqft
    $-- HOA

    What's special

    Private terracePrivate backyardOutdoor diningOversized bedroomPre-war exterior detailsSpacious duplexAmple storage
    The Forray Team at The Corcoran Group is pleased to present 290 Leonard Street, a beautifully maintained 19-foot-wide two-family townhouse that seamlessly blends historic charm with modern comfort in the heart of prime Williamsburg. This is a true triple-threat opportunity-investors can achieve immediate upside in a highly desirable location while enjoying the security of a stable asset with an Existing CAP rate of 5.47% and a projected Pro forma CAP rate of 6.83%. End-users also benefit from the flexibility to live in the spacious duplex while earning strong rental income, and the property's layout lends itself perfectly to a potential single-family conversion. Built in 1910, this approximately 1,955-square-foot residence, plus an additional 300-square-foot cellar, showcases beautifully preserved pre-war exterior details alongside thoughtful modern updates, all while maintaining low annual real estate taxes ($4,490) under the protection of Tax Class 1 status. With R7A, C2-4 zoning, this property also offers generous development potential, featuring an FAR of 4.0. The spacious potential owner's duplex (3BR/2BA) spans the garden and parlor levels, featuring a warm and inviting living area, an expansive kitchen with stainless steel appliances, granite countertops, and direct access to a private backyard- ideal for outdoor dining, entertaining, or quiet relaxation. Upstairs, two generously sized bedrooms provide flexible space for a home office, nursery, or guest room, along with a full bathroom. The duplex is further enhanced by an additional cellar space with laundry and ample storage. The top-floor apartment (2BR/1BA) offers its own distinct charm, with a bright living room, a windowed kitchen, an oversized bedroom with room for a home office, and direct access to a private terrace overlooking the vibrant streets of Williamsburg. Perfectly located near Metropolitan Avenue and just three blocks from the L and G subway lines, 290 Leonard Street places you moments from Williamsburg's best dining, shopping, parks, and conveniences. Whether you're seeking a primary residence with additional income, a stable investment with upside, or the perfect canvas for a single-family conversion, this property offers a rare blend of space, value, and location in one of Brooklyn's most dynamic neighborhoods.
    32 days
    on Zillow
    |
    1,430
    |
    78
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 14, 2025 at 12:15pm

    Listing by:

    Corcoran 914-804-7091,

    Christopher Cavorti

    Source: StreetEasy,MLS#: S1782893
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Included: Washer/Dryer
    • Laundry: Inside
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 1,955
    • Total interior livable area: 1,955 sqft

    Property

    Details
    • Parcel number: 027630009
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1910

    Community & HOA

    Community
    • Subdivision: Williamsburg
    HOA
    • Has HOA: Yes
    • Amenities included: Laundry
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $1,018/sqft
    • Tax assessed value: $1,742,000
    • Annual tax amount: $4,500
    • Date on market: 7/25/2025
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