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10-Unit Brownstone Apartment Building

206 WASHINGTON Park, Brooklyn, NY 11205

For Sale
New
$5,500,000

Ten residences comprise eight free-market apartments and two rent-stabilized units, with a private backyard.

Property Size4,600 SF
Lot Size0.05 Acres
Price / SF$1,195
Days on Market4

Property Features for 206 WASHINGTON Park

General Information

Standard status Active
Size 4,600 SF
Lot size 0.05 Acres
Property subtype Multi Family
Net Operating Income $262,942

Financials

Cap Rate 4.78%
Gross Income $327,955

Additional Details

Multifamily Units 10
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $23,328

Amenities

decorative fireplaces
private backyard

Building Details

Building Size 4,600 SF
Year Built 1930
Buildings 1
Construction brownstone
Listing Agency: Corcoran Group
Listed By: Amar Jehs · License #10401305529 (NY)
Source: Carlinwright
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 6 at 1:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Group

Rey
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Investment Insights

Based on property information with market context.

This 1930 brownstone contains 10 residential apartments across 4,600 square feet. The unit mix includes eight free-market and two rent-stabilized apartments. Decorative fireplaces and a private backyard are among the building’s features. The structure measures 23' x 50', on a 23' x 100' lot, and carries a 4.78% cap rate.

The property overlooks Fort Greene Park in Brooklyn. Downtown Brooklyn, BAM, Barclays Center, and local restaurants, shops, and cultural venues are identified among the nearby destinations.

Key Highlights

  • 10 residential units: 8 free‑market and 2 rent‑stabilized
  • 4,600 SF building, constructed in 1930
  • Building dimensions: 23' x 50'; lot dimensions: 23' x 100'

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

8,506
Businesses Nearby

Demographics for 11205, NY

50,474
Population
19,200
Households
2.6
Avg Household Size
30
Median Age
52%
College-Educated
86%
High-School Grad
1.2 sq mi
ZIP Area
42,062
Density / Sq Mi
$86,753
Median Household Income
$59,901
Median Earnings
$2,307
Median Rent
$892,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Brooklyn, NY

$512 Jul
$494 Aug
$498 Sep
$476 Oct

Properties on Market for Apartment buildings in Brooklyn

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Ten residences comprise eight free-market apartments and two rent-stabilized units, with a private backyard.
Where is this apartment building located?
The property is located at 206 WASHINGTON Park Brooklyn, NY.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 10 residential units: 8 free‑market and 2 rent‑stabilized; 4,600 SF building, constructed in 1930; Building dimensions: 23' x 50'; lot dimensions: 23' x 100'
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