1
206 WASHINGTON Park, New York City, NY 11205
  • Type
  • Multi Family, Residential
  • 29
  • Rooms
  • 9
  • Bedrooms
  • 10
  • Bathrooms
206 WASHINGTON Park, New York City, NY 11205
  • $5,500,000

Description

Inquire for setup sheet and interior photos

Prime Fort Greene investment opportunity, offering a 10-unit multi-family brownstone with eight 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.

  • Address: 206 WASHINGTON Park
  • City: New York City
  • State/county: NY
  • Zip/Postal Code: 11205
  • Area: Fort Greene

Details

Updated on November 4, 2026 at 9:29 pm
  • Property ID RLS20124211
  • Price $5,500,000
  • Property Size 4600 Sqft
  • Bedrooms 9
  • Rooms 29
  • Bathrooms 10
  • Garage Size x x
  • Year Built 1930
  • Type Multi Family, Residential
  • Property Status Active, For Sale

Additional details

  • County Kings
  • Property Type Residential
  • Pool Building None

Mortgage Calculator

Contact Information

Digs Realty Group

Enquire About This Property

This field is for validation purposes and should be left unchanged.
Name(Required)