NY > Brooklyn > Williamsburg,North
Brooklyn, NY 11211,290 LEONARD Street
Brooklyn, NY 11211,290 LEONARD Street
Brooklyn, NY 11211,290 LEONARD Street
8
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Listing Courtesy of Corcoran Group
$1,990,000
Est. payment /mo
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5 Beds
3 Baths
1,955 SqFt
Active

290 LEONARD Street Brooklyn, NY 11211

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Anthony Guerriero

Anthony Guerriero

+1(646) 376-8752

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,955 sqft

Price per Sqft $1,017

Subdivision Williamsburg,North

MLS Listing ID RLS20039173

Bedrooms 5

HOA Y/N No

Year Built 1910

Property Sub-Type Multi Family

Property Description

The Forray Team at The Corcoran Group is pleased to present 290 Leonard Street, a beautifully maintained 19-foot-wide two-family townhouse that seamlessly blends historic charm with modern comfort in the heart of prime Williamsburg. This is a true triple-threat opportunity-investors can achieve immediate upside in a highly desirable location while enjoying the security of a stable asset with an Existing CAP rate of 5.47% and a projected Pro forma CAP rate of 6.83%. End-users also benefit from the flexibility to live in the spacious duplex while earning strong rental income, and the property's layout lends itself perfectly to a potential single-family conversion.

Built in 1910, with an estimated total of 2,025 Gross SF: 1,955-square-foot of residential area & plus an additional 300-square-foot cellar, showcases beautifully preserved pre-war exterior details alongside thoughtful modern updates, all while maintaining low annual real estate taxes ($4,490) under the protection of Tax Class 1 status. With R7A, C2-4 zoning, this property also offers generous development potential, featuring an FAR of 4.0.

The spacious potential owner's duplex (3BR/2BA) spans the garden and parlor levels, featuring a warm and inviting living area, an expansive kitchen with stainless steel appliances, granite countertops, and direct access to a private backyard-ideal for outdoor dining, entertaining, or quiet relaxation. Upstairs, two generously sized bedrooms provide flexible space for a home office, nursery, or guest room, along with a full bathroom. The duplex is further enhanced by an additional cellar space with laundry and ample storage.

The top-floor apartment (2BR/1BA) offers its own distinct charm, with a bright living room, a windowed kitchen, an oversized bedroom with room for a home office, and direct access to a private terrace overlooking the vibrant streets of Williamsburg.

Perfectly located near Metropolitan Avenue and just one block from the L and G subway lines, 290 Leonard Street places you moments from Williamsburg's best dining, shopping, parks, and conveniences. Whether you're seeking a primary residence with additional income, a stable investment with upside, or the perfect canvas for a single-family conversion, this property offers a rare blend of space, value, and location in one of Brooklyn's most dynamic neighborhoods.

Location

State NY

County Kings

Rooms

Basement Other

Interior

Interior Features Smoke Free

Cooling Other

Fireplace No

Appliance Washer Dryer Allowed

Laundry Washer Hookup, In Unit

Exterior

Exterior Feature Private Outdoor Space Over 60 Sqft

View Y/N No

View Other

Porch Patio, Terrace

Private Pool No

Building

Dwelling Type Townhouse

Story 3

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Special Listing Condition Standard

Pets Allowed Building Yes, No

REBNY IDX
RLS Data display by Manhattan Miami Real Estate

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agent

Anthony Guerriero

Broker

+1(646) 376-8752

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290 LEONARD Street

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