Address
1262 Sterling, Crown Heights, NY
Price
$ 1,988,000
Property Attributes
  • MLS#3529313
  • TypeSingle Family
  • CountyBROOKLYN
  • CityCrown Heights
  • Zip11213
  • StyleDuplex
  • Year Built1899
  • Taxes$ 3842
  • Price$ 1,988,000
  • Bedrooms7
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1990
  • Lot Size2,178 SqFt
Data Source:
OneKey® MLS
Property Description

Calling All Investors, Developers, & End-Users!!! Brand New 100% Occupied 3 Unit Free Market Apartment Building In Crown Heights For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong R6/C1-3 Zoning, 6 Parking Spaces, High 8' Ceilings, Separate Meters, Gated Yard, Low Property Taxes, Motion Sensor Lights, All New LED Lighting, 200 Amp Power, A/C, +++!!! The Property Is Located In The Heart Of Crown Heights 2 Blocks From Eastern Parkway!!! The Property Was Fully Renovated In 2023!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children's Museum & The Prospect Park Zoo!!! Neighbors Include USPS, UPS, The Home Depot, Dunkin', CubeSmart Self Storage, Walgreens, AutoZone, Bank Of America, Planet Fitness, Blink Fitness, GameStop, Baskin-Robbins, Mobil, McDonald's, Mavis Discount Tire, Family Dollar, Wendy's, White Castle, IHOP, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Unit 1 (3Br. Apt.): $38,400 Ann. Lease Exp.: 9/1/24. Unit 2 (2 Br. Apt.): $30,000 Ann. Lease Exp.: 7/1/24. Unit 3 (2 Br. Apt.): $30,000 Ann. Lease Exp.: 7/1/24. Gross Income: $98,400 Ann. Expenses: Gas: $0 (Electric Only) Electric: $360 Ann. (Hallway Only) Water + Sewer: $1,250 Ann. Insurance: $2,500 Ann. Taxes: $3,841.68 Ann. Total Expenses: $7,951.68 Ann. Net Operating Income (NOI): $90,448.32 Ann.

Middle School High School
Dock Street School Middle School Brooklyn Academy High School
Price History
2/2/2024 Listed $1,988,000

General Features

Architectural Style Duplex
High School Brooklyn Academy High School
High School District Brooklyn 13
Middle/Junior High School Dock Street School
Middle/Junior School District Brooklyn 13
Elementary School District Brooklyn 13

Interior Features

Basement None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 11213

Price
AVG $1.49M
$1.99M
Taxes
AVG $3,245
$3,842
Visits
AVG 253
259
Data Provided by Inside Real Estate®
Year Built
AVG 1912
1899

Your Agent

Listed By
Richard Matt Shane with All Island Estates Realty Corp - 516-783-5600

Areas We Cover

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