Welcome to 10 Fort Greene Place—an elegant, rare, 30-wide four-story building with 8 studio apartments. Each apartment is thoughtfully laid out to maximize rental value and the property has been very well maintained. This building is fully leased with 1-year-free-market leases. Ideal for an investor looking to build equity in one of New York's most desirable and storied neighborhoods, or a prime opportunity for a single-family mansion conversion on a beautiful brownstone block right next to coveted Fort Greene Park.
These apartments feature oak floors throughout, eat-in kitchens with full-sized appliances and hardwood cabinetry. Large southeast- and northwest-facing windows bathe the interiors in natural light. The building also has a large and very private backyard. The building also offers laundry facilities and bike storage in the basement.
The building’s prime location ensures easy access to the vibrant offerings of the Fort Greene neighborhood, including shops, restaurants, and cultural venues such as the Brooklyn Academy of Music, Theater for a New Audience, Mark Morris Dance Center, and the legendary Fort Greene Saturday Farmer’s Market. This perfect location is accessible by nearly every train line in the city via Atlantic Terminal, as well as the LIRR.
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Rent Roll 2025
- 1L: Lease ends 07/31/25, Rent $3,000, Security Deposit $3,000, Pro Forma $3,000, January Rent: $3,000
- 1R: Lease ends 07/31/25, Rent $2,075, Security Deposit $2,075, Pro Forma $2,500, January Rent: $2,075
- 2L: Lease ends 07/31/25, Rent $3,000, Security Deposit $3,000, Pro Forma $3,000, January Rent: $3,000
- 2R: Lease ends 07/31/25, Rent $2,500, Security Deposit $2,100, Pro Forma $2,500, January Rent: $2,500
- 3L: Lease ends 06/30/25, Rent $2,500, Security Deposit $2,300, Pro Forma $3,000, January Rent: $2,500
- 3R: Lease ends 03/30/25, Rent $2,250, Security Deposit $2,250, Pro Forma $2,500, January Rent: $2,250
- 4L: Lease ends 06/30/25, Rent $2,665, Security Deposit $2,665, Pro Forma $3,000, January Rent: $2,665
- 4R: Lease ends 08/30/25, Rent $2,600, Security Deposit $2,650, Pro Forma $2,700, January Rent: $2,650
Total Collected
- Annual Rent (Pro Forma): $266,400
- Annual Rent (January Rent): $247,680
Expenses
- Real Estate Tax: $26,917
- Cleaning & Sanitation: $10,000
- Heat: $6,506
- Insurance: $6,434
- Water & Sewer: $2,308
Total Expenses: $52,165
Net Operating Income (NOI)
- NOI (Pro Forma): $214,235
- NOI (January Rent): $195,515
3,456 Sq Ft
Single Family Home
$26,916 Annual Tax
Built in 1900
MLS/Listing ID RLS20010066
8 Units
Dryer
Washer
Hardwood
Unfurnished
City View
MATHEW KURT GUNDELL - 917-817-1323
Source of Data: REAL ESTATE BOARD OF NEW YORK
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
©2025 The Real Estate Board of New York, Inc., All rights reserved.