1277 Lincoln Pl - Apartments FOR SALE


Brooklyn, NY 11213- Crown Heights
$5,500,000 USD
917-623-6331
1277 Lincoln Pl, Brooklyn, NY for Sale
$5,500,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

1277 Lincoln Pl
Brooklyn, NY 11213
Crown Heights


OVERVIEW

Investor Opportunity: 1277 Lincoln Place, Brooklyn, NY 11213 6-Unit Multifamily | Free-Market | Fully Gut Renovated Asking Price: $5,500,000.00 Exclusive Listing Broker Valerie Sebbag | 917-623-6331 | ValerieSebbag555@gmail.com The Opportunity Turnkey Asset: Completely gut renovated and delivered ready for immediate occupancy. Free-Market: All six units are not stabilized and not rent controlled, allowing you to capture maximum market rents from day one. Building & Unit Layout Spacious Units: Six large 4-Bedroom / 1-Bathroom apartments. Efficient Floorplan: Two units per floor, providing a sense of privacy and ease of access. Total Renovation: Brand new bathrooms, flooring, and windows throughout the entire building. Modern Systems & Amenities Kitchens: High-end rental appeal featuring sleek modern cabinetry, marble countertops, and full-sized stainless steel appliances. Climate Control: Central heating and cooling in every unit for year-round tenant comfort. New Infrastructure: All-new plumbing and new electrical systems installed building-wide. Tech & Access: Integrated intercom monitor system with dedicated displays for each apartment. Basement: Fully finished with tile floors, a separate entrance, new mechanical systems, and washer/dryer hookups for tenant use. Exterior & Location Parking & Yard: Includes a front parking space and a large backyard. Prime Crown Heights: Situated just 1 block from the 3 & 4 Express Trains at Utica Ave. Neighborhood Asset: Conveniently located across from New Bridges Elementary. Property Data Building Size: 28.5' x 87' (7,308 SF) Lot Size: 28.5' x 133.08' Annual Taxes: $16,561.04 Exclusive Listing Broker Valerie Sebbag | 917-623-6331 | ValerieSebbag555@gmail.com

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$753 USD /SF

# OF UNITS

6

PRICE/UNIT

$916,667

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crown Heights Renewed 6 Unit Free Market

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1908

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,935 SF

ZONING

R6

APN/PARCEL ID

01383-0049

ASK ABOUT THIS PROPERTY

Valerie Sebbag555 Properties LLCMore Info
917-623-6331

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Valerie Sebbag555 Properties LLCMore Info
917-623-6331

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.