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    689 Lincoln 4A Brooklyn, NY 11216

    For Sale
    $2,300,000

    Income-producing 5-6 family building in Brooklyn's Crown Heights.

    Lot size:
    0.07 Acres

    Property Features for 689 Lincoln 4A

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1931

    Source: A P S Realty LLC Agent Latania R. Wilson

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

    Overview

    Crown Heights Multifamily Investment Property

    Located in the Crown Heights section of Brooklyn, New York, this property is configured as a 5-6 family building. It is designed to be an income-producing property. The building contains six two-bedroom apartments. Two apartments are located on each of the first, second, and third floors. Each unit includes one full bathroom, a living room/dining room combination, and a kitchen. The building features a spacious basement with above-ground windows and a walk-out door, providing access to outdoor space with greenery suitable for entertaining. The building size is 6000 square feet. Interior features include a living room/dining room. The property's appearance is rated as excellent, and it includes insulated doors.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9492
    Latitude
    40.6806

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    FAQs

    What type of property is this?
    Apartment building - Income-producing 5-6 family building in Brooklyn's Crown Heights.
    Where is this apartment building located?
    The property is located at 689 Lincoln 4A Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Great income-producing property; - Six 2-bedroom apartments, each featuring a full bathroom, living room/dining combo, and kitchen; - Spacious basement with above-ground windows and walk-out access
    (917) 217-3137
    Request Owner's contact information
    689 Lincoln 4A Brooklyn, NY 11216
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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
    689 Lincoln 4A Brooklyn, NY 11216
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