547 Lincoln Place

Crown Heights

$9,000,000
Price
114
Beds
54
Baths
64,965 Sq. Ft.
$139 / Sq. Ft.
64,965
Sq. Ft.
$139
per Sq. Ft.

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...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.
  1. Listed by Gus Ktistakis • BHHS Fillmore R.E.

Amenities

  • Walk Up
  • Laundry in Building
  • Private Outdoor Space
  • Parking Included
  • Lowrise
  • Contemporary
  • Laundry
LISTING UPDATED: 10/22/2024 09:10 AM

Property Details for 547 Lincoln Place

StatusActive
MLS ID486939
Days on Market62
Taxes$161,579 / year
Maintenance-
Min. Down Pymt-
Total Rooms228.0
Compass TypeMulti Family
MLS TypeResidential
Year Built1911
Lot Size18,336 SF / 47' x 131'
CountyKings County

Building

547 Lincoln Pl

16 Units4 StoriesBuilt in 1911

Building Information for 547 Lincoln Place

Stories4Residences16Year Built1911Building Size46.67' x 116'Building Sq. Ft21,654.88 SFLot Size18,336 SF / 47' x 131'Building Age-Building Type-

Property Information for 547 Lincoln Place

Summary
Location and General Information
  • Block: 1178
  • Cross Street Name: Franklin Avenue
  • Cross Street Name: Classon Avenue
  • Zoning: R7A
  • Roof: Flat, Rubber
  • Water Front Present YN: No
  • Residential Features: A/C Unit - Window, Alarm, Disposal, Laundry Area
  • Number Of Vacant Units: 0
Parking
  • Parking Attributes: None
  • Parking Feature Single: Street
Taxes and HOA Information
  • Financing: Bank Mortgage, Cash
  • Tax Amount: 161579.0
  • Gross Expense: 272126.0
  • Gross Income: $830,656.00
Property
Lot Information
  • Sq Ft Total: 64965
  • Yard: Back
  • Lot Number: 59
  • Lot Size Irregular YN: No
  • Lot Size Length: 398
  • Lot Size Width: 138
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • AC Units: 5+
  • Hot Water: Gas
  • Fuel Expense: 47771.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full, Unfinished
  • Baths Three Quarter: 0.0
  • Baths Total Level 1: 12
  • Baths Total Level: 15
  • Total Rooms: 228
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood, Tile
  • Unit Count: 4
  • Building Amenities: Door – Intercom, Resident Superintendent, Secure Lobby, Storage rooms
  • Number Of Available Units: 54
  • Style: Other
  • Construction Materials: Brick
  • Electric: 220 V, Circuit Breakers
  • Baths Total Level: 15
  • Baths Total Level: 15
  • Beds Total Level: 24
  • Beds Total Level: 30
  • Beds Total Level: 30
  • Beds Total Level: 30
Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 44160.0
  • Building Length: 320.0
  • Building Type: Attached
  • Building Width: 138.0
  • Rooms Total Level 1: 48
  • Rooms Total Level 2: 60
  • Rooms Total Level: 60
  • Rooms Total Level: 60
Unit 1
  • Unit Baths Full: 12
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 12
  • Unit Bedrooms Total: 24
  • Unit Category: Apt
  • Unit Current Rent: 207664.0
  • Unit Date Available: 10-21-2024
  • Unit Floor: 1
  • Unit Number Of Units: 12
  • Unit Rooms Total: 48
  • Unit Status: Leased
  • Unit Unit Type: 4+ Bedrooms
Unit 2
  • Unit Baths Full: 15
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 15
  • Unit Bedrooms Total: 30
  • Unit Category: Apt
  • Unit Current Rent: 207664.0
  • Unit Date Available: 10-21-2024
  • Unit Floor: 2
  • Unit Number Of Units: 15
  • Unit Rooms Total: 60
  • Unit Status: Leased
  • Unit Unit Type: 4+ Bedrooms
Unit 3
  • Unit Baths Full: 15
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 15
  • Unit Bedrooms Total: 30
  • Unit Category: Apt
  • Unit Current Rent: 207664.0
  • Unit Date Available: 10-21-2024
  • Unit Floor: 2
  • Unit Number Of Units: 15
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 4+ Bedrooms
Unit 4
  • Unit Baths Full: 15
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 15
  • Unit Bedrooms Total: 30
  • Unit Category: Apt
  • Unit Current Rent: 207664.0
  • Unit Date Available: 10-21-2024
  • Unit Floor: 4
  • Unit Number Of Units: 15
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 4+ Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 48912.0
  • Certificate Of Occupancy YN: Yes
  • Owner Occupied: No

Property History for 547 Lincoln Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 547 Lincoln Place

This home is within Nyc Geog District #17 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 316 Elijah Stroud
PublicPK to 5

Elijah Stroud Middle School
Public6 to 8

High School For Global Citizenship
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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547 Lincoln Place is a multi-family home for sale in Crown Heights. This property was listed for sale on October 21, 2024 by BHHS Fillmore R.E., it's currently listed at $9,000,000. This listing's school district is Nyc Geog District #17 - Brooklyn. Nearby schools include P.S. 316 Elijah Stroud, Elijah Stroud Middle School and International High School at Prospect Heights. 547 Lincoln Place is a 114-bed, 54-bath, 64,965 sqft multi-family home built in 1911.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fillmore R.E.

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