SOLD FOR $3,015,000
· Sold at asking price · Closed April 14, 2022
$3,015,000
$754 per sq ft
217 Cumberland Street
MLS® #RLS10767690
Listing by Compass
10
Bedrooms
6
Baths
4,000
Sq. Ft.
1930
Year Built
Sale Details
Property Summary
Description
Sprawling 21' wide, 6 unit townhouse on the corner of Fort Greene Park. Excellent condition with many recent upgrades. Mix of Free Market and Rent Stabilized apartments. Strong rent roll ($16,737/mo) Low Expenses ($2,238/mo - includes Super) Great Initial CAP rate at $3.25M of 5.5% Easy upgrade and make this a 6%+ CAP BUILDING FEATURES & UPGRADES: - SPRINKLER SYSTEM - Full Occupancy - Hardwood Floors and Original Moldings - Recently Renovated Bathrooms - Upgraded Kitchens - Landmark Building with new Cornice - New/Replaced Gas Line, Sewer Line - New Boiler Fort Greene needs no introduction. 217 Cumberland enjoysviews of the park with the bonus of being on a side street. Situated accross from Walters and within blocks of Dekalb BQ for quick access to Manhattan, Clinton Hill, Prospect Heights and some of the best restaurants in Brooklyn (Evelina, Emily's, Miss Ada, Olea, more!). Currently best suited for an investor, an owners triplex may be possible for the bottom 3 floors.
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Listing courtesy of Grant Braswell at Compass. 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. This 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.