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$ 1,500,000
Est. payment /mo
Active
1413 Lincoln PL Brooklyn, NY 11213
3,275 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 932839
Rental Info No
Year Built 1920
Annual Tax Amount $5,997
Lot Size 3,275 Sqft
Acres 0.0752
Property Sub-Type Duplex
Source onekey2
Property Description
Description:
Prime Crown Heights two-family brick townhouse.
Sold as-is with tenants in possession, but both occupants are cooperative and willing to relocate if provided with assistance.
A 90-day notice to vacate has been served, making this strong value-added opportunity with flexible delivery.
No interior access at present.
Excellent upside for investor or end-users planning renovation or redevelopment.
Highlights:
2,280 sq ft building on 3,277 sq ft lot.
R6 Zoning - ideal for redevelopment or expansion
Delivered occupied with relocation flexibility; vacant delivery negotiable
Full basement, brick facade, gas heat
Close to 3/4 trains at Utica Ave and multiple bus lines
Low property taxes, stron post-renovation rental demand
Financial (Estimated):
Unit 1: Tenant in possession - Cooperative, Est. market rent $3,800/mo (Ground floor, 3 BR)
Unit 2: Tenant in possession - Cooperative, Est. market rent $3,800/mo (Upper Level, 3 BR)
Total Potential Gross Rent: $7,600/mo ($91,200)/yr) based on market rents
Disclosures:
Sold as-is with tenants in possession.
Tenants are Cooperative and open to relocation with assistance.
90-day notice to vacate has been served.
Seller makes no representations regarding interior condition.
Cash Offers preferred. Proof of funds required for exterior inspection.
Neighborhood:
Crown Heights is one of the Brooklyn'smost sought-after investment areas, with renovated two-family sales usually starting at $950,000.
Prime Crown Heights two-family brick townhouse.
Sold as-is with tenants in possession, but both occupants are cooperative and willing to relocate if provided with assistance.
A 90-day notice to vacate has been served, making this strong value-added opportunity with flexible delivery.
No interior access at present.
Excellent upside for investor or end-users planning renovation or redevelopment.
Highlights:
2,280 sq ft building on 3,277 sq ft lot.
R6 Zoning - ideal for redevelopment or expansion
Delivered occupied with relocation flexibility; vacant delivery negotiable
Full basement, brick facade, gas heat
Close to 3/4 trains at Utica Ave and multiple bus lines
Low property taxes, stron post-renovation rental demand
Financial (Estimated):
Unit 1: Tenant in possession - Cooperative, Est. market rent $3,800/mo (Ground floor, 3 BR)
Unit 2: Tenant in possession - Cooperative, Est. market rent $3,800/mo (Upper Level, 3 BR)
Total Potential Gross Rent: $7,600/mo ($91,200)/yr) based on market rents
Disclosures:
Sold as-is with tenants in possession.
Tenants are Cooperative and open to relocation with assistance.
90-day notice to vacate has been served.
Seller makes no representations regarding interior condition.
Cash Offers preferred. Proof of funds required for exterior inspection.
Neighborhood:
Crown Heights is one of the Brooklyn'smost sought-after investment areas, with renovated two-family sales usually starting at $950,000.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full
Interior
Interior Features First Floor Bedroom
Heating Baseboard
Cooling None
Fireplace No
Exterior
Parking Features Alley Access
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
Listed by Sutherland Douglas Realty Corp • Girvan B. Douglas
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