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1262 Sterling

Crown Heights, NY 11213
  • $1,988,000
  • STATUS: Active
  • ON SITE: 168 Days
  • MLS #: 3529313
UPDATED: 178 min ago
$1,988,000
  • 7
    BEDS
  • 0.05
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Built:
1899
County:
Area:

School Information

Middle School:
School District:

Description

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.

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Mark Seiden Real Estate Team | Howard Hanna | Rand Realty. Data last updated: 2024-07-19T21:20:17.217.
www.lowerhudsonvalleyproperties.com/homes/147236159
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1262 Sterling Crown Heights, NY 11213

  • Price: $1,988,000
  • Status: Active
  • On Site: 168 Days
  • Updated: 178 min ago
  • MLS #: 3529313
7
Beds
3
Baths
0
½ Baths
0.05
Acres
1899
Built
Neighborhood:
Brooklyn
County:
Brooklyn
Area:
Brooklyn
Middle School:
Dock Street School
High School:
Brooklyn Academy High School
School District:
Brooklyn 13
Property Description
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.
Exterior Features

Architectural Style Duplex Attached Garage YN No Construction Materials Frame Cross Street Trpy Avenue Parking Features Off Site Property Attached YN No

Interior Features

Attic Description None Basement Details None Common Walls No Common Walls Cooling YN Yes Fireplaces Total 0 Heating ElectricHot Water Hot Water None Number Of Heating Zones 3 Number Of Kitchens 3 Rooms Total 10

Property Features

Lease Considered YN No MLSArea Minor 13 New Construction YN No Property Condition Good Property Sub Type Single Family Residence Senior Community YN No Sewer Sewer Tax Annual Amount 3842 Tax Annual Amount1 3842 Water Source Public

Listing courtesy of Richard Matt Shane of All Island Estates Realty Corp: 516-783-5600
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Mark Seiden Real Estate Team | Howard Hanna | Rand Realty. Data last updated: 2024-07-19T21:20:17.217.
 
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Briarcliff Manor NY, 10510