50 Fort Greene Place Brooklyn, NY 11217
Fort Greene NeighborhoodEstimated payment $26,898/month
Highlights
- Very Popular Property
- 2-minute walk to Fulton Street (G Line)
- Terrace
- P.S. 20 Clinton Hill Rated A
- Deck
- Views
About This Home
Welcome to 50 Fort Greene Place, a renovated, income-producing three-unit brownstone on one of Fort Greene's most coveted tree-lined blocks, just half a block from Fort Greene Park and moments from BAM. Spanning approximately 4,320 square feet plus a full cellar on a 20' x 100' lot, this stately four-story townhouse was fully renovated in 2014 and is configured as three expansive, well-designed duplex apartments.
The fully occupied property currently generates $252,000 in annual income, offering strong in-place cash flow with exceptional flexibility for owner-occupiers. Both the garden duplex with private backyard and the top-floor duplex with a large private terrace are ideal candidates for an owner to live in while continuing to collect significant monthly rent from the two remaining units.
Each residence features generous living and dining areas, oversized bedrooms, excellent closet space, modern kitchens, and multiple bathrooms. The building is fully sprinklered, separately metered, and tenants individually pay their own utilities. The full cellar houses all mechanicals and additional building infrastructure.
Perfectly positioned near nearly every major subway line-G, 2, 3, 4, 5, C, B, D, N, Q, and R-the connectivity is unmatched. Daily conveniences are equally close, including a Whole Foods just a few minutes away.
Configuration Overview
Garden Duplex: Large 2+bedroom, 2-bathroom with private backyard Second & Third Floors: Large 3-bedroom, 2-bathroom duplex Top Duplex: Spacious 2-bedroom, 2-bathroom with private terrace Basement: Mechanical systems and shared laundry for Units 1 and 2 This is a rare opportunity to acquire a prime Fort Greene asset that delivers immediate income today with exceptional lifestyle and long-term upside built in.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,424
Year Built
- Built in 1931
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 20.00x100.00
Home Design
- Entry on the 1st floor
Interior Spaces
- 4,140 Sq Ft Home
- 4-Story Property
- Property Views
Bedrooms and Bathrooms
- 8 Bedrooms
Outdoor Features
- Deck
- Terrace
Utilities
- Central Air
Community Details
- 3 Units
- Fort Greene Subdivision
Listing and Financial Details
- Legal Lot and Block 0063 / 02097
Map
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 | $8,041 | $229,920 | $36,480 | $193,440 |
| 2024 | $8,041 | $248,400 | $36,480 | $211,920 |
| 2023 | $7,784 | $304,800 | $36,480 | $268,320 |
| 2022 | $7,617 | $269,700 | $36,480 | $233,220 |
| 2021 | $7,763 | $295,800 | $36,480 | $259,320 |
| 2020 | $3,700 | $266,340 | $36,480 | $229,860 |
| 2019 | $6,979 | $250,620 | $36,480 | $214,140 |
| 2018 | $6,511 | $31,940 | $6,731 | $25,209 |
| 2017 | $6,482 | $31,797 | $8,535 | $23,262 |
| 2016 | $6,145 | $30,740 | $11,138 | $19,602 |
| 2015 | $2,126 | $29,743 | $16,152 | $13,591 |
| 2014 | $2,126 | $22,802 | $15,949 | $6,853 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $4,995,000 | -- | $1,207 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $640,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | New Conventional | |
| Previous Owner | $500,000 | Purchase Money Mortgage |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20062310
APN: 02097-0063
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