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89 Hanson PlaceBrooklyn, NY 11217

For Sale

$1,499,000

Smart Buyer Rebate $18,738

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: / .





Listed by Victoria K Alexander

·

Realty Collective LLC

·

(718) 834-1440

Last updated March 30, 2026

·

Source: REBNY #RLS20070799

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeSingle-family
  • NeighborhoodFort Greene
  • Bedrooms7
  • Bathrooms7
  • Days on Prevu59
  • Taxes$17,604/year
  • Size2,700 sqft
  • Price per sqft$555

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

03/30/2026
Price Decreased
$1,499,000
02/06/2026
Listed by Realty Collective LLC
$1,950,000

Estimated Closing Costs

Total
$54,320
Attorney Fees
$4,000
NYC Mansion Tax
$14,990
Title Insurance
$6,746
Bank Attorney
$1,500
Mortgage Recording Tax
$23,084
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,499,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 89 Hanson Place

Association

Amenities

  • Pets Allowed: Building Yes, Yes

Financial

  • Flip Tax Remarks: ASK EXCL BROKER

Exterior

Construction

  • Number Of Units Total: 7
  • Stories Total: 3
  • Year Built: 1900

Features

  • View: City

Measurements

  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 1,176
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 02115-0016
  • Tax Annual Amount: $17,604.00

Interior

Features

  • Flooring: Hardwood

Measurements

  • Living Area: 2,700
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 7
  • Bathrooms Total Integer: 7
  • Bedrooms Total: 7
  • Rooms Total: 18

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Fort Greene
  • Tax Block: 02115
  • Tax Lot: 0016

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 7 bedrooms and 7 bathrooms in this single-family home at 89 Hanson Place.

What are the annual taxes for 89 Hanson Place?

Annual taxes for this single-family home are estimated at $17,604.

How does 89 Hanson Place compare to other single-family homes in Fort Greene?

This single-family home is listed 60% below the average price for single-family homes in Fort Greene and has been on the market for 97 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,700 sqft.

89 Hanson Place is a 7-bedroom, 7-bath single-family home for sale in Brooklyn NY 11217. On Prevu for 59 days at $1,499,000. This includes a recent price decrease of $451,000. This home features 2,700 square feet of living space, located in Fort Greene. The median listing price for single-family homes in this area is $2,024,500. Additional amenities include pets allowed. Browse more single-family home listings in Brooklyn.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.