290 LEONARD Street, Brooklyn, NY 11211

$1,990,000

The Forray Team at The Corcoran Group is pleased to present 290 Leonard Street, a beautifully maintained 19-foot-wide two-family townhouse that seamlessly blends historic charm with modern comfort in the heart of prime Williamsburg. This is a true triple-threat opportunity-investors can achieve immediate upside in a highly desirable location while… Read More enjoying the security of a stable asset with an Existing CAP rate of 5.47% and a projected Pro forma CAP rate of 6.83%. End-users also benefit from the flexibility to live in the spacious duplex while earning strong rental income, and the property's layout lends itself perfectly to a potential single-family conversion. Built in 1910, with an estimated total of 2,025 Gross SF: 1,955-square-foot of residential area & plus an additional 300-square-foot cellar, showcases beautifully preserved pre-war exterior details alongside thoughtful modern updates, all while maintaining low annual real estate taxes ($4,490) under the protection of Tax Class 1 status. With R7A, C2-4 zoning, this property also offers generous development potential, featuring an FAR of 4.0. The spacious potential owner's duplex (3BR/2BA) spans the garden and parlor levels, featuring a warm and inviting living area, an expansive kitchen with stainless steel appliances, granite countertops, and direct access to a private backyard-ideal for outdoor dining, entertaining, or quiet relaxation. Upstairs, two generously sized bedrooms provide flexible space for a home office, nursery, or guest room, along with a full bathroom. The duplex is further enhanced by an additional cellar space with laundry and ample storage. The top-floor apartment (2BR/1BA) offers its own distinct charm, with a bright living room, a windowed kitchen, an oversized bedroom with room for a home office, and direct access to a private terrace overlooking the vibrant streets of Williamsburg. Perfectly located near Metropolitan Avenue and just one block from the L and G subway lines, 290 Leonard Street places you moments from Williamsburg's best dining, shopping, parks, and conveniences. Whether you're seeking a primary residence with additional income, a stable investment with upside, or the perfect canvas for a single-family conversion, this property offers a rare blend of space, value, and location in one of Brooklyn's most dynamic neighborhoods. Read Less

Listing Courtesy of: Christopher V Cavorti, Corcoran Group

Listing Snapshot

Days Online

Last Updated

Aug 8, 2025

Property Type

MultiFamily

Beds

Full Baths

Square Ft.

1,955

Lot Size

0.03 Acres

Year Built

1910

MLS Number

RLS20039173

30 Days Snapshot Of 11211

$1.25M

-18%

(avg) sold price

-38%

homes sold

-9%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Entry Level: 1, Features: GreenBuilding, Living Area Units: SquareFeet, Rooms Total: 11, Structure Type: Townhouse

Exterior Features

Patio And Porch Features: Patio, Terrace

Interior Features

Interior Features: SmokeFree

Property

Property Sub Type: MultiFamily, View: Other

Taxes

Tax Annual Amount: $0, Tax Block: 02763, Tax Lot: 0009

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290 LEONARD Street

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