1671 Lincoln Pl - Apartments FOR SALE


Brooklyn, NY 11233
$7,300,000 USD
212-837-4665
1671 Lincoln Pl, Brooklyn, NY for Sale
$7,300,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

1671 Lincoln Pl
Brooklyn, NY 11233


HIGHLIGHTS

  • J51 Tax Abatement In-Place; Exp 2036
  • Renovated Units Featuring Stainless Appliances, Dishwashers & Hardwood Flooring
  • Building Amenities Include a Gym & Lounge Area
  • Blocks from Retail Corridors & Mass Transit

OVERVIEW

GFI Realty Services is pleased to present the exclusive offering of 1671 Lincoln Place, a 16-unit apartment building in Crown Heights, Brooklyn, featuring a gut renovation and modern finishes across its 12,600 square feet. The property benefits from a J51 Tax Abatement until 2036, with apartments configured as 2 two-bedroom, 8 three-bedroom, and 6 four-bedroom units. Amenities include a gym and lounge area, and the asset benefits from proximity to Eastern Parkway, Lincoln Terrace Park, commercial options on Utica Avenue, and the 2-3-4 subway lines within walking distance.

FOR SALE DETAILS

PRICE

$7,300,000 USD

PRICE/SF

$579 USD /SF

# OF UNITS

16

PRICE/UNIT

$456,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1671 Lincoln Place

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,323 SF

ZONING

R6

APN/PARCEL ID

01473-0051

ASK ABOUT THIS PROPERTY

Traci-Lea DixonGFI Realty ServicesMore Info
212-837-4665

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Traci-Lea DixonGFI Realty ServicesMore Info
212-837-4665

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.