217 Cumberland Street
217 Cumberland Street
Sold 4/14/22
Virtual Tour
Sold 4/14/22
Virtual Tour
Description
Strong rent roll ($16,737/mo)
Low Expenses ($2,238/mo - includes Super)
Great Initial CAP rate at $3.25M of 5.5%
Easy upgrade and make this a 6%+ CAP
BUILDING FEATURES & UPGRADES:
- SPRINKLER SYSTEM
- Full Occupancy
- Hardwood Floors and Original Moldings
- Recently Renovated Bathrooms
- Upgraded Kitchens
- Landmark Building with new Cornice...Sprawling 21' wide, 6 unit townhouse on the corner of Fort Greene Park. Excellent condition with many recent upgrades. Mix of Free Market and Rent Stabilized apartments.
Strong rent roll ($16,737/mo)
Low Expenses ($2,238/mo - includes Super)
Great Initial CAP rate at $3.25M of 5.5%
Easy upgrade and make this a 6%+ CAP
BUILDING FEATURES & UPGRADES:
- SPRINKLER SYSTEM
- Full Occupancy
- Hardwood Floors and Original Moldings
- Recently Renovated Bathrooms
- Upgraded Kitchens
- Landmark Building with new Cornice
- New/Replaced Gas Line, Sewer Line
- New Boiler
Fort Greene needs no introduction. 217 Cumberland enjoysviews of the park with the bonus of being on a side street. Situated accross from Walters and within blocks of Dekalb BQ for quick access to Manhattan, Clinton Hill, Prospect Heights and some of the best restaurants in Brooklyn (Evelina, Emily's, Miss Ada, Olea, more!).
Currently best suited for an investor, an owners triplex may be possible for the bottom 3 floors.
Listing Agents
![Grant Braswell]()
gbraswell@compass.comP: 202.841.2370
![Simone Malferrari]()
simone.malferrari@compass.comP: 929.810.6999
Amenities
- Private Yard
- Exposed Brick
- Crown Mouldings
- Decorative Mouldings
- High Ceilings
- Walk Up
- Renovated Kitchen and Bath
- Back Yard
Location
Property Details for 217 Cumberland Street
| Status | Sold |
|---|---|
| Days on Market | 95 |
| Taxes | $1,093 / month |
| Maintenance | - |
| Min. Down Pymt | 25% |
| Total Rooms | 22.0 |
| Compass Type | Townhouse |
| MLS Type | House/Building |
| Year Built | 1930 |
| Lot Size | 1,979 SF / 21' x 94' |
| County | Kings County |
Building
217 Cumberland St
Location
Virtual Tour
Building Information for 217 Cumberland Street
Payment Calculator
$16,519 per month
30 year fixed, 7.25% Interest
$15,426
$1,093
$0
Property History for 217 Cumberland Street
| Date | Event & Source | Price | Appreciation | Link |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 217 Cumberland Street
Schools near 217 Cumberland Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 12 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
P.S. 46 Edward C Blum PublicPK to 5 | ||
Dr Susan S Mckinney Secondary School Of The Arts Public6 to 12 | ||
Fort Green Preparatory Academy Public6 to 8 | ||
Benjamin Banneker Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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