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89 Hanson Pl Brooklyn, NY 11217

Sponsored
For Sale
$1,950,000

Multi-Unit (5+), Low-rise - Brooklyn, NY

Days on Market:
2
Last Refresh:
Feb 7 at 10:06 am

Property Features for 89 Hanson Pl

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Parking features
Garage

Building Details

Year built
1930
Year renovated
1930
Floors in Building
3
Flooring type
Hardwood
Architectural style
Other

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Listing Contact
Megan Walsh

REALTY COLLECTIVE LLC

Listing agent Megan Walsh (718) 834-1440

Listing date Feb 6, 2026

MLS# 11650789 Listing URL

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Fort Greene Brownstone - 7 Units

This 7-unit brownstone in Brooklyn offers a net operating income of $97,000 and a 5% cap rate. The property is fully occupied with tenants. The four-story building features ceilings, original hardwood floors, crown moldings, and tall windows. All units have been maintained and require no cosmetic improvements. The property is not on a preserved block and has 2,000 sq ft of unused FAR, allowing for development. This property combines cash flow stability with value-add potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.97394
Latitude
40.68574

FAQs

What type of property is this?
Apartment building - Rent-stabilized, cash-flowing 7-unit brownstone in coveted Brooklyn neighborhood.
Where is this apartment building located?
The property is located at 89 Hanson Pl Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: - 5% cap rate with $97k net operating income in Fort Greene; - Rent-stabilized building with fully occupied units and reliable tenants; - **2,000 sq ft of unused FAR for potential development**
More about this property
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