Status: Active

50 FORT GREENE Place, #

Fort Greene

$4,995,000
 |  8 Beds  |  5.5 Baths  |  4,140SF

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

  • 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.
Listing courtesy of Corcoran Group ...
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Property Details

  • Multi Family

Amenities

  • Private Outdoor Space Over60 Sqft
  • Cooling: Central Air
  • Deck, Terrace
  • View: Other
  • Smoke Free
  • Pets: Building Yes, No

The Neighborhood

Fort
Greene
Fort Greene

Fort Greene has a lot to offer.

It is both a beautiful brownstone neighborhood and an incredibly rich cultural center with fabulous restaurants, flea markets, world-renowned performance spaces, trendy boutiques, and a rich literary and artistic tradition. The neighborhood is home to the Brooklyn Academy of Arts, the country’s oldest performing arts venue. Histori ... read more

For information on 50 FORT GREENE Place, # contact:

realtor top real estate agent

Jacob Goldman

Founder, Principal Broker

212-388-1115

Founder, Principal Broker
listings@lohorealty.com
212-388-1115

Listing courtesy of Corcoran Group
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