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213 Ashland Pl, Brooklyn, NY, 11217

4beds
5baths
3,040sqft
$4,500,000
$1,480price/sqft
$25,960/moest. monthly cost
$1,038,400/yrincome needed

About This Home

213 Ashland Place presents a rare opportunity to acquire a fully renovated four-unit multifamily townhouse located within Fort Greene's Historic Landmark District, one of Brooklyn's most desirable and enduring residential neighborhoods. Originally constructed in the early twentieth century and comprehensively gut renovated in 2016, the property combines historic Brooklyn charm with modern systems, finishes, and strong in-place income. The property consists of four residential units, all of which are occupied under free-market leases, providing ownership with immediate cash flow and long-term rental growth potential. A full-height finished cellar, private rear yard, and existing staircase connecting the first and second floors create a unique opportunity for a future owner to establish either an owner's duplex or a substantial owner's triplex configuration while preserving income-producing residences above. 213 Ashland Place offers investors and owner-occupants a compelling blend of stable cash flow, operational flexibility, and long-term appreciation potential. Positioned just moments from Fort Greene Park, Atlantic Terminal, Barclays Center, BAM, and numerous subway lines, the property benefits from exceptional transit connectivity, neighborhood amenities, and the scarcity associated with owning a renovated multifamily townhouse within one of Brooklyn's premier historic districts.

Getting Around

97
WalkingWalker's Paradise
0
TransitVery Limited Transit
93
BikeBiker's Paradise

Schools

6/10
Ps 20 Clinton HillGrades PK-50.4 mi
5/10
DESIGN WORKSGrades 90.3 mi
10/10

Construction

Condition

  • Year built: 1930

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 3,040
  • Total interior livable area: 3,040 sqft

Property

Details

  • Parcel number: 020960012
  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Courtyard,Balcony,Garden
  • Has view: Yes
  • View description: Garden

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $22,754$273,048
Home Insurance *$604$7,248
Property Taxes $2,100$25,200
Electricity $502$6,028
Total$25,960$311,520
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$890,057/yr
40% on housing$778,800/yr
45% on housing$692,266/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,480This listing

vs Other Active Listings

Avg $/sqft

ZIP 11217$1,281
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11217$1,583
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-25Listed for sale$4,500,000
2016-10-18Sold$2,500,000
2015-06-26Sold$2,000,000

For Sale by Agent

AgentAndrew Panagos
BrokeragePanagos & Associates

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