- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
No HOA
Street View
$1,499,000
Monthly Est:$7,461
7 Beds
7 Baths7 full baths
2,700sqft
89 Hanson Pl, Brooklyn, NY 11217
$1,499,000
Get Pre-Approved
Mixed Use
Built in 1900
$-- HOA
-- sqft lot
$555/sq.ft
Description
Rent-Stabilized Fort Greene Brownstone - Cash Flowing with 5% Cap Rate
This exceptional 7-unit brownstone delivers a net operating income of $97K and an attractive 5% cap rate at asking price in one of Brooklyn's most coveted neighborhoods.
The property is fully occupied with meticulously screened and reliably paying tenants, providing immediate stability. While situated near some of Brooklyn's most desirable landmarked blocks, this property is not itself on a preserved block. With 2,000 sq ft of unused FAR, there are significant possibilities for development.
This well-preserved four-story building features soaring ceilings, original hardwood floors, opulent crown moldings, and tall windows that flood the space with natural light. All units have been consistently maintained and require no cosmetic improvements.
This rare offering combines immediate cash flow stability with significant value-add potential, making it an ideal acquisition for investors seeking both reliable current returns and future upside through strategic development.
Showings by appointment contact for building financials and additional photos: / .
- Houzeo last checked: 4 minutes ago
- Listing updated: May 15, 2026 at 9:17 pm
- Listing Provided by: Victoria K Alexander (718) 834-1440 | Realty Collective LLC (718) 834-1440
- Source: Rebny MLS-NY | MLS#: RLS20070799
Property Details
Status
Pending
Type
Single Family Residence
No. of Stories
3
County
City
Neighborhood
Year Built
1900
HOA Fees
-
Finished Area
2,700 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Rebny MLS
MLS Number
RLS20070799
Days on Market
270
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 7
Interior
Cooling
None
Heating
None
Flooring
Hardwood
Utilities & Energy
Laundry Features
Building None, None
Other Features
Subdivision Name
Fort Greene
Price History
| Date | Event | Price |
|---|---|---|
05/14/2026 Source: | Pending | $1,499,000 $555/sqft |
03/30/2026 Source: | Price Decreased | $1,499,000 -23.13% $555/sqft |
02/06/2026 Source: | Price Increased | $1,950,000 +30.09% $722/sqft |
02/06/2026 Source: | Listed for Sale | $1,499,000 $555/sqft |
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The real estate listing data marked with this icon comes from the IDX program of the RLS at REBNY Listing Service (RLS). Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS") through Nov 04, 2026, 05:00AM. Information deemed reliable but not guaranteed. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 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. Buyer to verify all information. © 2026 The Real Estate Board of New York, Inc. All rights reserved.
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