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Multifamily Vacant-User

809 Lincoln Pl

809 Lincoln Pl, Brooklyn, NY 11216

Listing Price: $1,790,000

Cap Rate
1.00%
Number of Units
2
GRM
1,790,000.00
Price/Unit
$895,000
Price/Gross SF
$658.33
Gross SF
2,719

Investment Overview

Marcus and Millichap is please to offer for sale on an exclusive basis 809 Lincoln Place, Brooklyn, NY 11216 (Block & Lot: 1255-70).
Zoned R6 the lot dimensions are 17 feet by 127.75 feet. The current two family is built 17 feet by 47 feet.
This is an opportunity for an owner -user or investor to renovate the property to single or multifamily home with high demand for rental.

The property is located along Lincoln place between Nostrand and New York Ave.

There is additional 2,563 square feet of air rights which may be utilized to add another floor

Investment Highlights

  • Vacant brownstone property in the Crown Heights section of Brooklyn.
  • Ideal conversion to three units with the ground floor access to the backyard.
  • located on Lincoln place between Nostrand Ave and New York Ave.
  • The property is zoned R6 with additional 2,563 SF of air rights.

Exclusively Listed By

Multifamily Vacant-User

809 Lincoln Pl

Listing Price: $1,790,000

Cap Rate
1.00%
Number of Units
2
GRM
1,790,000.00
Price/Unit
$895,000
Price/Gross SF
$658.33
Gross SF
2,719

Investment Highlights

  • Vacant brownstone property in the Crown Heights section of Brooklyn.
  • Ideal conversion to three units with the ground floor access to the backyard.
  • located on Lincoln place between Nostrand Ave and New York Ave.
  • The property is zoned R6 with additional 2,563 SF of air rights.

Investment Overview

Marcus and Millichap is please to offer for sale on an exclusive basis 809 Lincoln Place, Brooklyn, NY 11216 (Block & Lot: 1255-70). Zoned R6 the lot dimensions are 17 feet by 127.75 feet. The current two family is built 17 feet by 47 feet. This is an opportunity for an owner -user or investor to renovate the property to single or multifamily home with high demand for rental. The property is located along Lincoln place between Nostrand and New York Ave. There is additional 2,563 square feet of air rights which may be utilized to add another floor

Exclusively Listed By

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