$5,500,000
Updated 4 years ago
Off Market

250 Adelphi Street

Fort Greene, Brooklyn | De Kalb Ave & Willoughby Ave

45 Rooms29 Beds16 Baths13,652 Square FeetIncome Property

$5,500,000
floors / apts3 / 16
Building TypeLow-Rise
RE Taxes$80,712
Price Per SF
$403

Listing Features

  • Original Details

Building Amenities

  • Voice Intercom

Property Description for 250 Adelphi Street

Welcome to 250 Adelphi Street, a generous 47.5 x 87 foot 16 unit building in the heart of fabulous Fort Greene. Excellent condition and located just two blocks from Fort Greene Park. Mix of free market, rent stabilized, and rent controlled apartments. Great rent roll ($353,443.80) with some upside to the current rents. Units are large in size with plenty of beautiful and unique pre-war details along with bay windows in some of the units.

Building Features:
- Full Occupancy
- 5 Free Market Apartments
- 9 Rent Stabilized Apartments
- 2 Rent Controlled Apartments
- Hardwood Floors and Original Moldings
- Building Square footage is: 13,652

Fort Greene has quickly become one of the most sought after neighborhoods in all of Brooklyn. 250 Adelphi St is just off Dekalb Ave and busy restaurant row. Easy access to the B,D,N,Q,R at Dekalb Station or the G at Clinton-Washington. This property makes the ideal investment in an ideal neighborhood.

Email anytime for more information or to arrange a viewing. #realestatedoneright

Listing History for 250 Adelphi Street

Now
12/21/2022
Expired by Jonathan Tager
Corcoran
09/12/2022
$5,500,000 [-$495,000] [8.3%]
Price Drop by Jonathan Tager
Corcoran

Building Details for 250 Adelphi Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Floors/Apts3/16
Learn More About the Building

Transit and Citi Bike

Subway

Clinton-Washington Avs
0.29 miles
Fulton St
0.3 miles
Lafayette Av
0.32 miles
Atlantic Av-Barclays Ctr
0.49 miles
Nevins St
0.49 miles

Citi Bike

DeKalb Ave & Vanderbilt Ave
0.15 miles
Washington Park
0.16 miles

Contact Agent

Contact Agent

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: 83317TH