92 Fort Greene Pl - Apartments FOR SALE


Brooklyn, NY 11217- Downtown Brooklyn
$5,300,000 USD
718-923-9601
92 Fort Greene Pl, Brooklyn, NY for Sale
$5,300,000 USD
Apartments - FOR SALE
1/16
null | 3.25% Cap Rate

92 Fort Greene Pl
Brooklyn, NY 11217
Downtown Brooklyn


HIGHLIGHTS

  • Laundry
  • Individual Storage
  • Upgrades

OVERVIEW

Calling investors, developers and end users! Welcome to a rare opportunity to own a property that hasn't been on the market in over 40 years! Located in the heart of Fort Greene, this building offers incredible potential for future growth. Many of the units have been recently renovated and are currently priced below market value. The building includes desirable amenities like a laundry room and individual storage units for each apartment. The first-floor unit is a spacious 2-bedroom duplex with its own private garden, high ceilings and beautiful original detail, while the second and third floors feature comfortable one-bedroom units. The fourth and fifth floors house sun light studio apartments. Each unit comes with a large storage space, and the building offers convenient on-site laundry facilities. Consideration for a condo conversion, or single family usage as well. Situated in a prime location, the property is just minutes from Atlantic Terminal, Fort Greene Park, BAM Theater, Brooklyn Hospital, and several office buildings. It’s also well-connected to major subway lines. With low operating expenses and numerous upgrades over the years, this building is a fantastic investment opportunity in a vibrant and rapidly growing neighborhood.

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$1,534 USD /SF

# OF UNITS

5

PRICE/UNIT

$1,060,000

CAP RATE

3.25%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

92 Fort Greene Place

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

R6B

APN/PARCEL ID

02112-0031,02112-0032

ASK ABOUT THIS PROPERTY

Rami AvadiAvadi RealtyMore Info
718-923-9601

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Rami AvadiAvadi RealtyMore Info
718-923-9601

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.