For Sale · Listing by Corcoran Group
206 WASHINGTON Park
Fort Greene, Brooklyn
$5,500,000
206 WASHINGTON Park
MLS® #RLS20124211
Listing by Corcoran Group
- 9
- Bedrooms
- 10
- Baths
- 4,600
- Sq. Ft.
- 1930
- Year Built
Quick Summary
Property Highlights
- Views: Other
- Fireplace: 1 fireplace
- Character: Pre-war building (1930)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Nov 4, 2026 | $5,500,000 | - |
| Currently | Nov 4, 2026 | $5,500,000 | - |
Description
Inquire for setup sheet and interior photos Prime Fort Greene investment opportunity, offering a 10-unit multi-family brownstone with eight free-market apartments, decorative fireplaces, and a private backyard, directly overlooking the iconic Fort Greene Park. Overview: Annual Income: $327,955 Annual Operating Expenses: $65,013 Net Operating Income (NOI): $262,942 Cap Rate: 4.78% Total Units: 10 residential Unit Mix: 8 free-market / 2 rent-stabilized Building Size: 4,600 SF Building Dimensions: 23' x 50' Lot Dimensions: 23' x 100' With 80% free-market apartments, the property offers an attractive opportunity for investors seeking income growth through future upgrades and rent optimization. Positioned on Fort Greene Park, one of Brooklyn's most desirable residential settings, the property benefits from an exceptional location by Downtown Brooklyn, BAM, Barclays Center, and the neighborhood's celebrated restaurants, shopping, and cultural institutions. An opportunity to acquire a park-front multi-family asset with strong long-term investment fundamentals.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Fort Greene
View All Fort Greene ListingsFort Greene is an architecturally striking neighborhood centered around the beautiful Fort Greene Park. Home to the Brooklyn Academy of Music (BAM), the area is a hub for the arts and creative expression. The real estate market is remarkably varied, featuring some of Brooklyn's most impressive historic brownstones, stately cooperatives, and sleek new construction towers that offer sweeping views of the borough and Manhattan.
Fort Greene Live Market Data
View NeighborhoodActive Listings
29
Median Asking Price
$1.25M
Median $/Sqft
$1,094
Avg Days on Market
N/A
New This Week
5
Price Reduced
24%
Sold (30 Days)
4
Median Sale Price
$1.56M
Live data from RLS at REBNY • Updated 11/4/26, 6:31 PM EST
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Location
206 WASHINGTON Park, Fort Greene, Kings County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $23,328, or roughly $1,944 per month. Verify the current assessment with your attorney before closing.
This property has 9 bedrooms and 10 full bathrooms.
The listed interior living area is 4,600 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1930, making it approximately 96 years old.
This listing is None
Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $5,500,000 for 4,600 sq ft, the asking price per square foot is approximately $1,196. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Corcoran Group - Amar Jehs
Listing Contact: (347) 415-8722
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 11/4/2026 at 11:31 PM UTC
See it in person
Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 206 WASHINGTON Park
At $5,500,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
Your info is secure and never shared.
You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
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Quick Facts
Monthly Costs Estimate
$1,100,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$123,750
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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