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    Brooklyn Multifamily Investment Opportunity Title is generated by Realmo AI

    347 Lincoln Road, Brooklyn, NY 11225

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    Claim this Listing
    For Sale
    $2,300,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    9,600 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $239/SF
    Added:
    Apr 30, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 17 at 10:06 am

    Property Features for 347 Lincoln Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R6
    Bedrooms
    16
    Bathrooms
    8
    Rooms
    Bathroom 6, Bedroom 14, Bedroom 7, Bedroom 1, Bedroom 8, Bathroom 1, Bathroom 2, Bathroom 7, Bedroom 15, Bedroom 4, Bedroom 16, Bedroom 11, Bedroom 10, Bedroom 12, Bedroom 9, Bedroom 5, Bathroom 5, Bathroom 8, Bathroom 4, Bedroom 3, Bedroom 2, Bathroom 3, Bedroom 13, Bedroom 6
    Interior features
    Refrigerator, Stove
    Basement
    Full
    Standard status
    Active
    Size
    9,600 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Annual Amount
    24022

    Building Details

    Year built
    1909
    Floors in Building
    4
    Flooring type
    Hardwood
    Building materials
    Block
    Roof type
    Asphalt
    Architectural style
    Colonial

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    Listing Contact
    Cheryl Rosenthal
    Cheryl Rosenthal

    Listing agent Cheryl Rosenthal License #10311207324

    Listing office Realty Trends Corp One Cross Island Plaza Ste#11, Rosedale, NY

    Listing date Apr 30, 2026

    MLS# 501050 Listing URL

    Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 8‑family building at 347 Lincoln Road in Prospect Heights, Brooklyn
    • Year built 1909 with original details and Colonial architectural style
    • Block construction with asphalt roofing
    • Hardwood flooring throughout and includes interior appliances such as a refrigerator and stove
    • Current rent‑roll is $197,000 per year; NOI is about $147,000 per year
    • Cap rate listed as 7.30% and 4 units are currently vacant

    Overview

    Located in Prospect Heights, Brooklyn, this eight-family home at 347 Lincoln Road presents an investment opportunity. The property features original details and is situated near Prospect Park, shops, bars, and restaurants. The current rent roll is $197,000 yearly, with a net operating income (NOI) of approximately $147,000 yearly, resulting in a cap rate of 7.30%. The property contains 9,600 square feet and sits on a lot of approximately 0.0912 acres. Currently, four units are vacant, offering the possibility of owner occupancy, unit combination for larger living spaces, or rental as desired. The zoning is R6.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.951351
    Latitude
    40.66176

    FAQs

    What type of property is this?
    Apartment building - Eight-family home in Prospect Heights with income potential.
    Where is this apartment building located?
    The property is located at 347 Lincoln Road 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: 8‑family building at 347 Lincoln Road in Prospect Heights, Brooklyn; Year built 1909 with original details and Colonial architectural style; Block construction with asphalt roofing
    More about this property
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