$2,450,000
Est. payment /mo
16 Beds
8 Baths
9,600 SqFt
New
347 Lincoln RD Brooklyn, NY 11225
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,600 sqft
Price per Sqft $255
MLS Listing ID 501050
Style Colonial
Bedrooms 16
Full Baths 8
Year Built 1909
Annual Tax Amount $24,022
Property Sub-Type Multi-Family
Property Description
Welcome to 347 Lincoln Road in Beautiful Prospect Heights Brooklyn. This Stunning 8 Family home is ideal for anyone looking to keep a rental property or Live in one of the amazing units and let your rent roll pay your mortgage . This Amazing Trendy location is close to beautiful prospect park, Shops and trendy bars and restaurants. Currently the rent-roll is 197,000 yearly and after the expenses the NOI is about 147,000 yearly . Giving you a cap rate of 7.30% This amazing property has wonderful original details . Currently there are 4 units vacant which makes it ideal to either live in the property combine units for larger living space or possibly rent it as you see fit.
Location
State NY
County Kings (brooklyn)
Area Flatbush
Zoning R6
Rooms
Basement Full
Interior
Hot Water Hot Water Coil in Boiler
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick - Federal
Amenities Available NONE
Roof Type Asphalt/Tar
Handicap Access No
Building
Story 4
Foundation Block
Others
Energy Description Gas
Financing Bank Mortgage,Cash
Listed by Realty Trends Corp
NEARBY SCHOOL & BUSINESS
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