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Map
$1,988,000
●
House -
For Sale
1262 Sterling Place
Crown Heights, NY 11213
Studio
0 Bath
$9,762
Estimated Monthly
$0
HOA / Fees
About This Property
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.
Unit Size
-
Days on Market
173 days
Land Size
0.05 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1899
Listed By
Last updated: 3 months ago (OneKey MLS #ONE3515411)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 2, 2024 | Listed by All Island Estates Realty Corp | $1,988,000 | |
Listed by All Island Estates Realty Corp | |||
|
|||
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…
|
|||
Jan 9, 2024 | Price Decreased |
$1,988,000
↓ $262K
(11.6%)
|
|
Price Decreased | |||
Nov 7, 2023 | Listed by All Island Estates Realty Corp | $2,250,000 | |
Listed by All Island Estates Realty Corp | |||
May 23, 2018 | Sold to Baruch Levy-haim, Mojdeh Le... | $996,499 | |
Sold to Baruch Levy-haim, Mojdeh Le... | |||
Jun 19, 2017 | Sold to Red Light Inc | $540,000 | |
Sold to Red Light Inc |
Show More
Property Highlights
Exterior Details
Property Information
Square Footage : 6800
Property Type: Business Opportunity
Property Sub Type: Mixed Use
Building Information
Building Area Units: Square Feet
Lot Information
Lot Size Acres: 0.05
Lot Size Square Feet: 1990
Lot Size Dimensions: 18x110.58
Location Details
Directions: Troy Ave to Sterling Place
County or Parish: Brooklyn
Other Details
On Market Date: 2023-11-07
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Townhouse
Stu
-
3,700 ft²
$447/ft²
$1,655,000
Jul 18, 2016
$1,655,000
Dec 16, 2016
-
Sold
Townhouse
Stu
-
2,720 ft²
$563/ft²
$1,530,000
Jun 18, 2018
$1,530,000
Oct 3, 2018
-
Multifamily
Stu
-
3,248 ft²
$670/ft²
$2,175,000
Jun 19, 2022
-
$642/mo
Active
Multifamily
Stu
-
5,600 ft²
$411/ft²
$2,300,000
Jan 12, 2023
-
$6,232/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
1262 Sterling Place
1262 Sterling Place, Brooklyn, NY 11213
- 2 Units
- 2 Units for Sale