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1413 Lincoln Place

Brooklyn, NY 11213
  • $1,500,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 932839
UPDATED: 21 min ago
$1,500,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

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.

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-12-15T20:17:11.193.
www.nicoleburkehomes.com/homes/169674948
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1413 Lincoln Place Brooklyn, NY 11213

  • Price: $1,500,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 21 min ago
  • MLS #: 932839
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1920
Built
Neighborhood:
New York
County:
Brooklyn
Area:
New York
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.
Exterior Features

Carport Spaces 1 Carport YN Yes Construction Materials Brick Garage YN No Parking Features Alley Access Property Attached YN Yes Waterfront YN No

Interior Features

Basement Details Full Basement YN Yes Cooling None Interior Features First Floor Bedroom Num Of1 Bed Rooms 0 Num Of2 Bed Rooms 0 Num Of3 Bed Rooms 0 Num Of4 Bed Rooms 1

Property Features

Building Area Total 2280 Down Payment Resource YN Yes Heating Baseboard Property Sub Type Duplex Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 5997.4 Tax Source Municipality Total Vacancies 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedTrash Collection PublicWater Connected Water Source Public

Listing courtesy of Girvan B. Douglas of Sutherland Douglas Realty Corp: 347-647-2388
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-12-15T20:17:11.193.
 
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Plainview NY, 11803