Welcome to 10 Fort Greene Place—an elegant, rare, 30-wide four-story building with 8 studio apartments. Each apartment is thoughtfully laid out to maximize rental value and the property has been very well maintained. This building is fully leased with 1-year-free-market leases. Ideal for an investor looking to build equity in… Read More one of New York's most desirable and storied neighborhoods, or a prime opportunity for a single-family mansion conversion on a beautiful brownstone block right next to coveted Fort Greene Park. These apartments feature oak floors throughout, eat-in kitchens with full-sized appliances and hardwood cabinetry. Large southeast- and northwest-facing windows bathe the interiors in natural light. The building also has a large and very private backyard. The building also offers laundry facilities and bike storage in the basement. The building’s prime location ensures easy access to the vibrant offerings of the Fort Greene neighborhood, including shops, restaurants, and cultural venues such as the Brooklyn Academy of Music, Theater for a New Audience, Mark Morris Dance Center, and the legendary Fort Greene Saturday Farmer’s Market. This perfect location is accessible by nearly every train line in the city via Atlantic Terminal, as well as the LIRR. Please note brokers must collect their fees from their clients. Please see the 3D tour link below. Explore the Virtual Tour Rent Roll 2025 - 1L: Lease ends 07/31/25, Rent $3,000, Security Deposit $3,000, Pro Forma $3,000, January Rent: $3,000 - 1R: Lease ends 07/31/25, Rent $2,075, Security Deposit $2,075, Pro Forma $2,500, January Rent: $2,075 - 2L: Lease ends 07/31/25, Rent $3,000, Security Deposit $3,000, Pro Forma $3,000, January Rent: $3,000 - 2R: Lease ends 07/31/25, Rent $2,500, Security Deposit $2,100, Pro Forma $2,500, January Rent: $2,500 - 3L: Lease ends 06/30/25, Rent $2,500, Security Deposit $2,300, Pro Forma $3,000, January Rent: $2,500 - 3R: Lease ends 03/30/25, Rent $2,250, Security Deposit $2,250, Pro Forma $2,500, January Rent: $2,250 - 4L: Lease ends 06/30/25, Rent $2,665, Security Deposit $2,665, Pro Forma $3,000, January Rent: $2,665 - 4R: Lease ends 08/30/25, Rent $2,600, Security Deposit $2,650, Pro Forma $2,700, January Rent: $2,650 Total Collected - Annual Rent (Pro Forma): $266,400 - Annual Rent (January Rent): $247,680 Expenses - Real Estate Tax: $26,917 - Cleaning & Sanitation: $10,000 - Heat: $6,506 - Insurance: $6,434 - Water & Sewer: $2,308 Total Expenses: $52,165 Net Operating Income (NOI) - NOI (Pro Forma): $214,235 - NOI (January Rent): $195,515 Read Less
Listing Courtesy of: Mathew Kurt Gundell, Compass
Listing Snapshot
Days Online
144
Last Updated
Property Type
SingleFamilyResidence
Beds
8
Full Baths
8
Square Ft.
3,456
Year Built
1900
MLS Number
RLS20010066
30 Days Snapshot Of 11217
$2.01M
+2%
(avg) sold price
26
+23%
homes sold
71
+7%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Entry Level: 1, Living Area Units: SquareFeet, Rooms Total: 20, Structure Type: MultiFamily, Townhouse
Property
Property Sub Type: SingleFamilyResidence, View YN: t, View: City
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by Coldwell Banker Warburg. If you have any questions regarding the accuracy of this data, please contact us at [email protected]. Data updated:
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