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$1,950,000

For Sale

2,700 ft²

$722 per ft²

18 rooms

7 beds

7 baths

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Listing by Realty Collective, Limited Liability Broker, 351 Van Brunt Street, Brooklyn, NY 11231

Listing updated in the last 2 days

Common charges

Not applicable

Estimated payment

$11,592/mo

Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.

Taxes

$1,474/mo

Tax abatement

No info

About

Seller’s agent

/

Megan Walsh

Licensed Real Estate Salesperson

Realty Collective

description

Rent-Stabilized Fort Greene Brownstone - Cash Flowing with 5% Cap Rate

This exceptional 7-unit brownstone delivers a net operating income of $97K and an attractive 5% cap rate at asking price in one of Brooklyn's most coveted neighborhoods.

The property is *fully occupied* with meticulously screened and reliably paying tenants, providing immediate stability.

Policies

Sorry, policy info isn’t available right now. Check back later.

Home features

  • Hardwood floors

Building amenities

No info on building amenities

About the building

89 Hanson Place

89 Hanson Place, Brooklyn, NY 11217

Multifamily building inFort Greene

7 units

3 stories

1930 built

Property history

  • Price Change: No changes
  • Days on market: Listed todayThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

2/6/2026

$1,950,000

Listed by Realty Collective

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Explore Fort Greene

Transit

LocationDistance

Cat Lafayette Av

under 500 feet

Gat Fulton St

0.16 miles

LIRRat Atlantic Terminal

0.17 miles

BDNQR2345at Atlantic Av–Barclays Ctr

0.2 miles

23at Bergen St

0.34 miles

About Fort Greene

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

7 beds

$4.6M

With bustling flea markets, a world-renowned performance space, trendy boutiques, fabulous restaurants, and a rich literary and artistic tradition, Fort Greene attracts residents looking for a slower pace of living without sacrificing the vibrancy of urban life. Historic brownstones and row houses make up most of the available real estate, and it's common to find neighbors catching up on their stoops. Intense Brooklyn pride is in evidence on the main drag of Fulton Street, where a Notorious B.I.G. quote is painted on the side of a prominent building - "Spread love it's the Brooklyn way."

Learn more about Fort Greene