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  • Property Type
  • Apartment Building, Multi Family Home
  • 24
  • Bedrooms
  • 6
  • Bathrooms
  • 7308
  • Area Size
Commercial Crown Heights For Sale New

1277 Lincoln Pl – 6 Free Unit Fully Renovated

  • $5,500,000

Description

Institutional Offering

Investment Memorandum

The Opportunity

A rare, turnkey investment in the heart of Crown Heights. This 28.5-foot-wide masterpiece is delivered fully vacant and gut renovated. Boasting six massive 4-bedroom apartments, this asset is designed for immediate maximum rental income with zero deferred maintenance.

Luxury Systems

All-New Designer Interiors
Individual Central HVAC
Chef’s Kitchens & Marble
Video Intercom Systems
Finished Basement
Private Backyard + Parking

Asset Specifications

Asset Type 6-Unit Free Market Multifamily
Building Size 28.5′ x 87′ (7,308 SF)
Lot Size 28.5′ x 133.08′
Annual Taxes $16,561.04
Condition Fully Gut Renovated / Turnkey
6-Unit Multifamily 100% Free-Market

The Institutional Core

$5,500,000 1277 Lincoln Place, Crown Heights
Medical Cluster
Interfaith Medical Center0.4 mi Kingsbrook Jewish0.6 mi SUNY Downstate1.2 mi
Community Anchors
Brooklyn Museum1.5 mi Children’s Museum0.3 mi Jewish Children’s Museum0.9 mi 770 Eastern Pkwy (HQ)0.8 mi
Education
Medgar Evers (CUNY)1.1 mi Oholei Torah0.7 mi Beth Rivkah Schools0.7 mi Success Academy CH0.5 mi Achievement First0.4 mi IHS Prospect Heights1.0 mi
ATLANTIC AVE
LINCOLN PLACE
EASTERN PARKWAY
TROY AVE
SCHENECTADY AVE
UTICA AVE
1277 Lincoln Place
Interfaith Medical
SUNY Downstate
Kingsbrook Medical
Brooklyn Museum
Children’s Museum
JCM
770 HQ
Medgar Evers
Oholei Torah
Beth Rivkah
Achievement First
Success Academy
IHS Prospect

1277 Lincoln Place, Brooklyn

Institutional Sale | $5,500,000

Valerie Sebbag

Exclusive Broker | 917-623-6331

Email WhatsApp

Address

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  • Address: Lincoln Pl
  • City: Brooklyn, New York
  • State/county: New York
  • Zip/Postal Code: 11213
  • Area: Crown Heights

Details

  • Price $5,500,000
  • Property Size 7308
  • Land Area 3792.78
  • Bedrooms 24
  • Bathrooms 6
  • Property Type Apartment Building, Multi Family Home
  • Property Status Commercial, Crown Heights, For Sale

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Contact Information

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Valerie Sebbag

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