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Crown Heights Investment Opportunity
For Sale
$2,575,000

1309 LINCOLN PL, Brooklyn, NY 11213

Well-kept 8-unit building near transportation and amenities.

Property Size8,008 SF
Days on Market278

Property Features for 1309 LINCOLN PL

General Information

Standard status Active
Size 8,008 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $168,000

Building Details

Building Size 8,008 SF
Year Built 1908
Stories 4
Listing Agency: Douglas Elliman Real Estate
Listed By: Marsha Yarde · License #30YA1044526
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 22 Last Checked: Sep 1 at 7:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

An investment opportunity exists to acquire an 8-unit property at 1309 Lincoln Place in Crown Heights. The building contains spacious two-bedroom units within an interior of approximately 8,000 square feet. The real estate has undergone renovation and recent improvements. The property is situated minutes from Utica Avenue and Eastern Parkway, one of Brooklyn's active transportation hubs and main thoroughfares. Transportation options include the #3 and #4 trains, the #2 and #5 trains during rush hour, and a number of bus lines. Various shopping options, services, and amenities are located along Utica Avenue.

Key Highlights

  • Prime Crown Heights location.
  • Income‑producing 8‑unit investment property.
  • Spacious two‑bedroom units (approximately 8,000 sq ft interior).

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,901
Businesses Nearby

Demographics for 11213, NY

67,217
Population
29,186
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
61,106
Density / Sq Mi
$62,040
Median Household Income
$43,736
Median Earnings
$1,607
Median Rent
$1,184,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-kept 8-unit building near transportation and amenities.
Where is this apartment building located?
The property is located at 1309 LINCOLN PL Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,575,000.
What are key features of this property?
This property features: Prime Crown Heights location.; Income‑producing 8‑unit investment property.; Spacious two‑bedroom units (approximately 8,000 sq ft interior).
More about this property
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