Property photo 1
9 Beds
10 Baths
4,600 sqft

$5,500,000

206 WASHINGTON Park, Brooklyn NY, 11205

Price per sqft$1,195.65
Built in1930
Property size4,600 sqft
Property typeTownhomes

Overview

Active

Listed Nov 4, 2026

Updated 17h ago

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.

$36,592/mo

Est. mortgage payment based on a $5,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
RLS20124211

Interior Features

Bedrooms
9
Bathrooms
10
Fireplace
Yes
Basement
Yes

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$23,328
Tax Frequency
Annually
View
Yes
MLS provider logo
Listing Courtesy of Corcoran Group -  Amar Jehs
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026  The Real Estate Board of New York, Inc., All rights reserved

RLS Data display by Compass. Data last updated on 11/5/2026 at 5:12 AM UTC

Powered by Luxury Presence