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547 Lincoln Place

BROOKLYN, NY 11238
  • $9,000,000
  • STATUS: Active
  • ON SITE: 87 Days
  • MLS #: 486939
$9,000,000
  • 114
    BEDS
  • 0.42
    ACRES
  • 54
    BATHS
  • 0
    1/2 BATHS
  • 64,965
    SQFT
  • $139
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1911

School Ratings & Info

Description

Located in the heart of Crown Heights, this modern building features 54 fully renovated apartments. Renovations were completed 10 years ago, including upgrades to the electrical system, boiler, rubber roofing, and exterior pointing. Additionally, the building boasts a well-maintained laundry room and is in excellent overall condition. With a solid foundation and contemporary features, this property represents a fantastic investment opportunity in a thriving neighborhood. Don't miss out on this rare chance to own a prime piece of real estate in Crown Heights. Serious inquiries only, as per seller proof of funds required to view property.

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© 2025 Brooklyn New York Multiple Listing Service, Inc. 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 Team Gio | RE/MAX Central. Data last updated: 2025-01-17T00:00:36.297.
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547 Lincoln Place BROOKLYN, NY 11238

  • Price: $9,000,000
  • Status: Active
  • On Site: 87 Days
  • MLS #: 486939
114
Beds
54
Baths
0
½ Baths
0.42
Acres
64,965
SQFT
$139
$/SQFT
1911
Built
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
Crown Heights
Property Description
Located in the heart of Crown Heights, this modern building features 54 fully renovated apartments. Renovations were completed 10 years ago, including upgrades to the electrical system, boiler, rubber roofing, and exterior pointing. Additionally, the building boasts a well-maintained laundry room and is in excellent overall condition. With a solid foundation and contemporary features, this property represents a fantastic investment opportunity in a thriving neighborhood. Don't miss out on this rare chance to own a prime piece of real estate in Crown Heights. Serious inquiries only, as per seller proof of funds required to view property.
Exterior Features

Building Length 320.00 Building Width 138.00 Construction Materials Brick Exterior Brick Lot Size Length 398 Lot Size Width 138 Parking Attributes None Parking Feature Street Roof FlatRubber Style Other Water Front Present No Yard Back

Interior Features

Basement Amenities FullUnfinished Baths Total Level1 12.00 Baths Total Level2 15.00 Baths Total Level3 15.00 Baths Total Level4 15.00 Beds Total Level1 24 Beds Total Level2 30 Beds Total Level3 30 Beds Total Level4 30 Building Footprint Sq Ft 44160 Flooring HardwoodTile Foundation Details Poured Concrete Heat Delivery Steam/Radiator Rooms Total Level1 48 Rooms Total Level2 60 Rooms Total Level3 60 Rooms Total Level4 60 Total Rooms 228

Property Features

ACUnits 5+ Block 1178 Building Amenities Door – IntercomResident SuperintendentSecure LobbyStorage rooms Certificate Of Occupancy YN 1 Construction Type Attached Cross Street Name Franklin Avenue Cross Street Name2 Classon Avenue Electric 220 VCircuit Breakers Financing Bank MortgageCash Fuel Expense 47771.00 Gross Income 830656 Handicap Access No Heating Fuel Gas Hot Water Gas Insurance Expense 48912.00 Lot Number 59 Lot Size Irregular YN 0 Number Of Available Units 54 Number Of Families 54 Property Sub Type Multi-Family Property Type Residential Residential Features A/C Unit - WindowAlarmDisposalLaundry Area Sale Type Arm's Length Tax Amount 161579.00 Transaction Type Sale Zoning R7A

Listing information © 2025 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of BHHS Fillmore R.E.: (718) 253-9600.


© 2025 Brooklyn New York Multiple Listing Service, Inc. 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 Team Gio | RE/MAX Central. Data last updated: 2025-01-17T00:00:36.297.
 
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