55 Cumberland Street #BLDG, Brooklyn, NY 11205
Local realty services provided by:CENTURY 21 Awaye Realty
55 Cumberland Street #BLDG,Brooklyn, NY 11205
$3,500,000
- 11 Beds
- 11 Baths
- - sq. ft.
- Single family
- Active
Listed by: santo rosabianca
Office: corcoran group
MLS#:RLS20090741
Source:NY_REBNY
Price summary
- Price:$3,500,000
About this home
Presenting 55 Cumberland Street, a rare opportunity to acquire a 10-unit, rent-stabilized mixed-use building in a prime Brooklyn location at the crossroads of Fort Greene and the Brooklyn Navy Yard.<br> <br> This well-positioned asset consists of 10 residential units and 2 ground-floor commercial spaces, offering a balanced income stream with long-term upside. Notably, the majority of residential units are expected to be delivered vacant, providing a unique value-add opportunity for investors to reposition, renovate, and maximize rental potential in a high-demand market.<br> <br> The property spans approximately 7,680 square feet on a 2,630 square foot lot, with residential units averaging 648 square feet. The building also includes 1,200 square feet of retail space, ideal for neighborhood-serving tenants that benefit from strong foot traffic and continued growth in the surrounding area.<br> <br> From a zoning perspective, the property presents a compelling profile with a current FAR of 2.92 and a maximum allowable FAR of 2.0 for commercial and 4.8 for community facility use. While the property is currently overbuilt, investors can capitalize on the existing footprint and explore long-term strategic positioning.<br> <br> Situated on a quiet block yet moments from vibrant Fort Greene, Clinton Hill, and the rapidly expanding Brooklyn Navy Yard, the location offers exceptional access to transportation, retail, and cultural amenities. This dynamic corridor continues to see strong residential demand, making it an ideal setting for long-term growth and stability.<br> <br> Whether you're seeking a value-add rental investment, portfolio expansion, or a strategic mixed-use asset in a thriving Brooklyn neighborhood, 55 Cumberland Street delivers scale, location, and upside.<br> <br>...
Contact an agent
Home facts
- Year built:1905
- Listing ID #:RLS20090741
- Added:1 day(s) ago
- Updated:May 13, 2026 at 10:31 AM
Rooms and interior
- Bedrooms:11
- Total bathrooms:11
- Full bathrooms:11
- Rooms Total:30
- Basement:Yes
Structure and exterior
- Year built:1905
Finances and disclosures
- Price:$3,500,000
New listings near 55 Cumberland Street #BLDG
- New
$189,000Active-- beds 1 baths450 sq. ft.130 Bay Ridge Parkway #1M, Brooklyn, NY 11209
MLS# RLS20090770Listed by: DOUGLAS ELLIMAN REAL ESTATE - Open Sun, 12 to 2pmNew
$949,000Active3 beds 2 baths1,122 sq. ft.1960 Kimball Street, Brooklyn, NY 11234
MLS# 501313Listed by: GEORGE L CLARK INC - Open Sun, 12 to 2pmNew
$2,875,000Active2 beds 3 baths1,407 sq. ft.6 Garfield Place #PH1201, Brooklyn, NY 11215
MLS# RLS20090759Listed by: R S N Y REALTY LLC - New
$1,800,000Active-- beds -- baths3,200 sq. ft.4 Hart Street, Brooklyn, NY 11206
MLS# 997580Listed by: EREALTY ADVISORS, INC - New
$710,000Active2 beds 2 baths975 sq. ft.1569 West 7th Street #2D, Brooklyn, NY 11204
MLS# 501355Listed by: RE/MAX EDGE - Coming Soon
$899,999Coming Soon-- beds -- baths1040 Broadway, Brooklyn, NY 11221
MLS# 996620Listed by: KELLER WILLIAMS REALTY NYC GRP - New
$299,000Active1 beds 1 baths750 sq. ft.2727 Ocean Parkway #F5, Brooklyn, NY 11235
MLS# 501310Listed by: MOMENTUM REAL ESTATE LLC - New
$899,000Active3 beds 2 baths1,031 sq. ft.26 Avenue P #5C, Brooklyn, NY 11204
MLS# 501368Listed by: RE/MAX EDGE - New
$1,150,000Active4 beds 3 baths1,080 sq. ft.1362 68th Street, Brooklyn, NY 11219
MLS# 501369Listed by: TIGER REALTY