1262 Sterling Crown Heights, NY 11213
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.
- Property TypeSingle Family Home
- NeighborhoodN/A
- CountyBrooklyn
- Taxes$3,842
- HOA/Condo/Coop Fees$0
- Days on Site105 Days
- MLS StatusActive
- MLS ID Number3529313
- Home Size Source N/A
- Year Built1899
- Lot Size0.05 Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Style Duplex
- Construction Frame
- Parking Off Site
- Basement None
- Acreage 0.05
- Water Public
- Cross Street Trpy Avenue
- Property Sub Type Single Family Residence
- Garage Spaces 0
- Attached Garage No
Interior Features
- Heating ElectricHot Water
- Fireplaces 0
Community Features
- Township Brooklyn
- Senior Community No