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1413 Lincoln Place, Brooklyn, NY 11213

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Property Description

Description:Prime Crown Heights two-family brick townhouse. Sold as-is with tenants in possession, but both occupants are cooperative and willing to relocate if provided with assistance. A 90-day notice to vacate has been served, making this strong value-added opportunity with flexible delivery. No interior access at present. Excellent upside for investor or end-users planning renovation or redevelopment.Highlights:2,280 sq ft building on 3,277 sq ft lot. R6 Zoning - ideal for redevelopment or expansionDelivered occupied with relocation flexibility; vacant delivery negotiableFull basement, brick facade, gas heatClose to 3/4 trains at Utica Ave and multiple bus linesLow property taxes, stron post-renovation rental demandFinancial (Estimated):Unit 1: Tenant in possession - Cooperative, Est. market rent $3,800/mo (Ground floor, 3 BR)Unit 2: Tenant in possession - Cooperative, Est. market rent $3,800/mo (Upper Level, 3 BR)Total Potential Gross Rent: $7,600/mo ($91,200)/yr) based on market rentsDisclosures:Sold as-is with tenants in possession.Tenants are Cooperative and open to relocation with assistance.90-day notice to vacate has been served.Seller makes no representations regarding interior condition.Cash Offers preferred. Proof of funds required for exterior inspection.Neighborhood:Crown Heights is one of the Brooklyn'smost sought-after investment areas, with renovated two-family sales usually starting at $950,000.

1413 Lincoln Place | MLS# 932839

This multi-family property located at 1413 Lincoln Place, Brooklyn, NY 11213 is currently listed for sale with an asking price of $1,500,000. Search Brooklyn real estate on hillary-philpott.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Heating: Baseboard
Lot Size: 0.08 Acres
Taxes: $5,997
Year Built: 1920

Amenities

First Floor Bedroom

Feature Descriptions

Building Area Total: 2280
Days on Site: 118
Exterior: Brick
On Market Date: 2025-11-06
Parcel Number: 01385-0068
Parking Features: Alley Access
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public

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Estimated Payment

$ 4,275.60 per month $3,338.35 Principal & Interest $499.75 Property Tax $437.50 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Sutherland Douglas Realty Corp
Agency Contact: 347-647-2388

Shown By

Agent Name: Hillary Giuda-Philpott
Agent Phone: (607) 435-4238
Agency Title: Timberland Properties

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