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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

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    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.
    (718) 493-1471
    Request Owner's contact information
    1522 Lincoln Pl Brooklyn, NY 11213
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    Brooklyn, NY 11213
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1522 Lincoln Pl Brooklyn, NY 11213
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