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Crown Heights Renovated Apartment Building
For Sale
$9,000,000

547 Lincoln Pl, Brooklyn, NY 11238

Modern 54-unit apartment building in thriving Crown Heights neighborhood.

Property Size64,965 SF
Lot Size0.42 Acres
Days on Market269

Property Features for 547 Lincoln Pl

General Information

Standard status Active
Size 64,965 SF
Lot size 0.42 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $161,579

Building Details

Building Size 64,965 SF
Year Built 1911
Stories 4
Listing Agency: BHHS Fillmore R.E.
Listed By: Gus Ktistakis
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 23 Last Checked: Aug 23 at 5:46AM

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 BHHS Fillmore R.E.

Investment Insights

Based on property information with market context.

Located in Crown Heights, this building features 54 fully renovated apartments. The renovations, completed 10 years ago, included upgrades to the electrical system, boiler, rubber roofing, and exterior pointing. The building also features a laundry room and is described as being in excellent overall condition. This property is presented as an investment opportunity in a thriving neighborhood.

Key Highlights

  • Prime location in the heart of Crown Heights
  • 54 fully renovated apartments
  • Substantial renovations completed 10 years ago, including electrical, boiler, roofing, and exterior

Property Analytics

Current Use

ABOX COLLECTIVE Interior Design

Suggested Use

Top Pick Law Firm Dental Office Nursing Home Parking Lot & Garage Auto Parts Store HVAC Service

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

4,832
Businesses Nearby

Demographics for 11238, NY

60,090
Population
29,588
Households
2
Avg Household Size
35
Median Age
71%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
33,383
Density / Sq Mi
$132,957
Median Household Income
$85,179
Median Earnings
$2,511
Median Rent
$1,146,000
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 - Modern 54-unit apartment building in thriving Crown Heights neighborhood.
Where is this apartment building located?
The property is located at 547 Lincoln Pl Brooklyn, NY.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: Prime location in the heart of Crown Heights; 54 fully renovated apartments; Substantial renovations completed 10 years ago, including electrical, boiler, roofing, and exterior
More about this property
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