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1522 Lincoln Pl Brooklyn, NY 11213

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For Sale
$1,350,000

Well-maintained, renovated three-family property in vibrant Crown Heights.

Lot size:
0.03 Acres

Property Features for 1522 Lincoln Pl

General Information

Lot size
0.03 Acres

Building Details

Year built
2006

Source: Best In The Market Realty Inc Agent Orel Kogman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Crown Heights Three-Family Property

Located in the heart of vibrant Crown Heights, this well-maintained three-family property presents a rare opportunity for both investors and end-users. Constructed 10 years ago, the building is in excellent condition and features three fully renovated units. All units offer spacious layouts, modern finishes, and great natural light. Currently, all units are tenant-occupied, generating a strong and stable income stream with an in-place 6.3% cap rate. Each unit has been thoughtfully updated and is separately metered, making this a true turnkey investment with minimal maintenance required. For buyers looking to live in the property while generating rental income, there is the option to deliver one unit vacant at closing, allowing for a seamless transition into an owner-occupied setup. This flexibility makes the property ideal for those seeking a hybrid investment and personal residence in one of Brooklyns most desirable neighborhoods.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.92632
Latitude
40.669327

FAQs

What type of property is this?
Triplex - Well-maintained, renovated three-family property in vibrant Crown Heights.
Where is this triplex located?
The property is located at 1522 Lincoln Pl Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: - Strong Income Stream: Generates a 6.3% cap rate from three tenant-occupied, fully renovated units.; - Turnkey Investment: Built in 2006 and in excellent condition, requiring minimal maintenance.; - Flexible Owner-Occupancy: Option to deliver one unit vacant at closing for personal residence.
More about this property
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