$6,300,000
Updated 8 years ago
Off Market

218 Cumberland Street

Fort Greene, Brooklyn | De Kalb Ave & Lafayette Ave

12 Rooms11 Beds11 Baths9,680 Square FeetIncome Property

$6,300,000
floors / apts6 / 10
Lot Size22'x100'
ZoneR6B
Building TypeLow-Rise
RE Taxes$15,962
Price Per SF
$651

Listing Features

  • Architectural Dtls

Building Amenities

  • Voice Intercom

Property Description for 218 Cumberland Street

Projected Cap Rate 5.21% call for more details. 218 Cumberland Street is a five story Romanesque Revival/neo-Renaissance style property located at the apex of Cumberland Street and DeKalb Avenue seconds from the entrance of Fort Greene Park.

Landmarked as a part of the Fort Greene Historic District in 1980 his unique property has varied possibilities for the right owner.

Designed in 1895 by Brooklyn architect H.L. Spicer to house six families it is currently configured as a 10 unit property. The building is 22ft wide x 80ft deep on a 100 ft lot and sits at the crossroads of Cumberland and DeKalb offering a very short distance to Ft Greene Park. The same family has owned the building since 1969.

218 Cumberland features a distinctive four-story swell-bay topped by a balustrade. The fifth-floor facade contains an array of five round-arched windows with stained-glass transoms. The galvanized-iron cornice on the roof decorated with swags and rosettes and the galvanized-iron cornice of the bay are just a few of architectural feature of note on this glorious building.

The property currently has eight tenants with three apartments to be delivered vacant. For more details and a setup sheet, please contact the listing agent. Property sold as-is.

Transportation: It is a five-minute distance from the Atlantic and Pacific street subway stops servicing the 2,3,4,5, D, Q, R train and LIRR and 5 min from A, C at Lafayette Ave. All major downtown bus route travel on Fulton.

Listing History for 218 Cumberland Street

Now
10/10/2018
POM by Mick O'Connor
Compass
07/12/2018
TOM by Mick O'Connor
Compass

Building Details for 218 Cumberland Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1895
Floors/Apts6/10
Learn More About the Building

Transit and Citi Bike

Subway

Fulton St
0.18 miles
Lafayette Av
0.22 miles
Clinton-Washington Avs
0.35 miles
Atlantic Av-Barclays Ctr
0.38 miles
Nevins St
0.38 miles

Railroad

Atlantic TerminalLong Island Rail Road
0.41 miles

Citi Bike

DeKalb Ave & S Portland Ave
0.1 miles
Cumberland St & Lafayette Ave
0.12 miles

Contact Agents

Contact Agents

Fort Greene | Brooklyn

Quick Profile

Conveniently situated just north of the beautiful and lush Prospect Park, Fort Greene is rich with history. Representative of an aesthetic that Brooklyn is often associated with--the brownstone and row house architecture being an institution of the community--Fort Greene is decidedly singular in visual style. As part of the National Register of Historic Places, this South Brooklyn neighborhood offers unique charm and plenty of character.

Beginning with its early military-oriented inception (the territory was central to the Battle of Long Island), Fort Greene has always been recognized for its spaciousness and a sense of openness. Filled with nature and greenery, it is also home to its very own eponymously named park in addition to being in close proximity to Brooklyn’s largest recreational area, Prospect Park (containing the beloved Prospect Park Zoo within it). 

Many residents come from different socioeconomic backgrounds and commute to their workplaces in Manhattan, while keeping Fort Greene as their separate haven. The diversity of the area has proven to be one of the few examples of a Brooklyn neighborhood maintaining its roots in part thanks to its protected status. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 72103TH