290 Leonard St Brooklyn, NY 11211
Williamsburg NeighborhoodEstimated payment $11,214/month
Total Views
1,354
5
Beds
3
Baths
1,955
Sq Ft
$1,018
Price per Sq Ft
Highlights
- Terrace
- 2-minute walk to Lorimer Street (L Line)
- Patio
- P.S. 132 The Conselyea School Rated A-
- Cooling Available
- 4-minute walk to Badame Sessa Memorial Square
About This Home
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 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,454
Year Built
- Built in 1910
Lot Details
- 1,140 Sq Ft Lot
- Lot Dimensions are 60.00x19.00
Interior Spaces
- 1,955 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Outdoor Features
- Patio
- Terrace
Utilities
- Cooling Available
Community Details
- 2 Units
- Williamsburg,North Subdivision
Listing and Financial Details
- Legal Lot and Block 0009 / 02763
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,454 | $111,240 | $18,660 | $92,580 |
| 2024 | $4,454 | $104,520 | $18,660 | $85,860 |
| 2023 | $4,249 | $106,380 | $18,660 | $87,720 |
| 2022 | $3,941 | $116,580 | $18,660 | $97,920 |
| 2021 | $3,921 | $107,100 | $18,660 | $88,440 |
| 2020 | $2,935 | $93,060 | $18,660 | $74,400 |
| 2019 | $3,866 | $93,060 | $18,660 | $74,400 |
| 2018 | $3,554 | $17,434 | $3,701 | $13,733 |
| 2017 | $3,353 | $16,449 | $3,812 | $12,637 |
| 2016 | $3,104 | $15,525 | $3,429 | $12,096 |
| 2015 | $1,872 | $15,525 | $4,130 | $11,395 |
| 2014 | $1,872 | $15,400 | $4,918 | $10,482 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Pending | -- | -- | -- |
| 07/25/2025 07/25/25 | For Sale | $1,990,000 | -- | $1,018 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,900,000 | -- | |
| Deed | -- | -- | |
| Deed | $1,816,425 | -- | |
| Deed | $752,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,045,000 | Purchase Money Mortgage | |
| Previous Owner | $200,000 | Purchase Money Mortgage | |
| Previous Owner | $850,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Brooklyn, NY
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20039173
APN: 02763-0009
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