REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,350,000
Est. payment /mo
New
1522 Lincoln PL Brooklyn, NY 11213
6 Baths
1,393 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 892061
Full Baths 6
Rental Info No
Year Built 2006
Annual Tax Amount $8,294
Lot Size 1,393 Sqft
Acres 0.032
Property Sub-Type Triplex
Source onekey2
Property Description
Located in the heart of vibrant Crown Heights, this well-maintained three-family property presents a rare opportunity for both investors and end-users. Built just 10 years ago and in excellent condition, the building features three fully renovated units, all offering spacious layouts, modern finishes, and great natural light.
Currently, all units are tenant-occupied, generating a strong and stable income stream with an in-place 6.3% cap rate. Each unit has been thoughtfully updated and is separately metered, making this a true turnkey investment with minimal maintenance required.
For buyers looking to live in the property while generating rental income, there is the option to deliver one unit vacant at closing, allowing for a seamless transition into an owner-occupied setup. This flexibility makes the property ideal for those seeking a hybrid investment and personal residence in one of Brooklyn's most desirable neighborhoods.
Currently, all units are tenant-occupied, generating a strong and stable income stream with an in-place 6.3% cap rate. Each unit has been thoughtfully updated and is separately metered, making this a true turnkey investment with minimal maintenance required.
For buyers looking to live in the property while generating rental income, there is the option to deliver one unit vacant at closing, allowing for a seamless transition into an owner-occupied setup. This flexibility makes the property ideal for those seeking a hybrid investment and personal residence in one of Brooklyn's most desirable neighborhoods.
Location
State NY
County Kings (brooklyn)
Interior
Interior Features Washer/Dryer Hookup
Heating Baseboard
Cooling Multi Units
Fireplace No
Exterior
Utilities Available Cable Available, Water Available
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
Listed by Best In The Market Realty Inc