Search
Brick Multifamily Building with Renovated Apartments
For Sale
$9,000,000

547 Lincoln Place, Brooklyn, NY 11238

MULTI_FAMILY - Brooklyn, NY

Property Size64,965 SF
Lot Size0.42 Acres
Price / SF$138.54
Days on Market662

Property Features for 547 Lincoln Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R7A
Bedrooms 114
Bathrooms 54
Full bathrooms 54
Rooms Bedroom 19, Bedroom 80, Bathroom 5, Bedroom 44, Bathroom 40, Bedroom 60, Bathroom 38, Bedroom 106, Bedroom 107, Bathroom 9, Bedroom 65, Bathroom 17, Bedroom 40, Bedroom 16, Bedroom 32, Bathroom 19, Bedroom 82, Bedroom 92, Bedroom 70, Bedroom 88, Bedroom 15, Bedroom 10, Bathroom 30, Bathroom 47, Bedroom 7, Bedroom 33, Bedroom 67, Bathroom 18, Bedroom 37, Bedroom 99, Bedroom 39, Bathroom 37, Bathroom 29, Bedroom 89, Bathroom 32, Bedroom 76, Bedroom 26, Bedroom 11, Bathroom 53, Bedroom 75, Bedroom 96, Bedroom 112, Bathroom 8, Bedroom 52, Bathroom 14, Bedroom 61, Bedroom 111, Bedroom 2, Bedroom 71, Bedroom 69, Bedroom 58, Bathroom 16, Bedroom 13, Bedroom 6, Bedroom 30, Bedroom 45, Bathroom 48, Bedroom 22, Bedroom 100, Bedroom 84, Bedroom 73, Bedroom 87, Bedroom 68, Bedroom 94, Bathroom 21, Bedroom 83, Bedroom 51, Bedroom 64, Bathroom 50, Bedroom 78, Bedroom 5, Bedroom 18, Bathroom 3, Bedroom 101, Bedroom 66, Bedroom 81, Bedroom 98, Bedroom 9, Bedroom 59, Bathroom 46, Bathroom 36, Bedroom 46, Bedroom 48, Bedroom 93, Bathroom 7, Bathroom 41, Bathroom 43, Bedroom 56, Bedroom 104, Bedroom 62, Bedroom 102, Bathroom 31, Bedroom 108, Bedroom 29, Bathroom 42, Bedroom 38, Bedroom 14, Bedroom 34, Bathroom 34, Bathroom 51, Bedroom 53, Bedroom 77, Bedroom 28, Bathroom 4, Bathroom 39, Bathroom 1, Bedroom 63, Bathroom 24, Bedroom 113, Bedroom 90, Bedroom 72, Bedroom 79, Bathroom 2, Bathroom 13, Bathroom 15, Bathroom 44, Bathroom 20, Bathroom 27, Bedroom 24, Bedroom 36, Bathroom 49, Bathroom 45, Bedroom 105, Bathroom 11, Bedroom 74, Bedroom 8, Bedroom 86, Bedroom 31, Bedroom 54, Bedroom 57, Bedroom 20, Bathroom 28, Bathroom 10, Bedroom 91, Bedroom 17, Bedroom 97, Bedroom 41, Bathroom 35, Bedroom 47, Bathroom 52, Bedroom 23, Bedroom 50, Bathroom 25, Bathroom 33, Bedroom 4, Bedroom 109, Bedroom 103, Bedroom 25, Bedroom 43, Bedroom 114, Bedroom 35, Bathroom 26, Bedroom 85, Bathroom 6, Bedroom 49, Bathroom 54, Bedroom 55, Bathroom 22, Bedroom 12, Bedroom 95, Bedroom 27, Bedroom 1, Bedroom 3, Bathroom 23, Bedroom 42, Bathroom 12, Bedroom 21, Bedroom 110
Interior features A/C Unit - Window, Alarm, Disposal, Laundry Area
Basement Unfinished, Full
Subdivision Crown Heights
Standard status Active
Size 64,965 SF
Lot size 0.42 Acres

Taxes and HOA fees

Tax Annual Amount 161579

Amenities

laundry room

Building Details

Year built 1911
Floors in Building 4
Number of units 4
Flooring type Tile, Hardwood
Building materials Brick
Roof type Rubber, Flat
Listing Agency: BHHS Fillmore R.E.
Listed By: Gus Ktistakis
Added: Oct 21, 2024 Changed: Aug 3 Last Checked: Aug 13 at 8:06PM
MLS# 486939

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.

Investment Insights

Based on property information with market context.

547 Lincoln Place is a brick multifamily building in Brooklyn with 54 fully renovated apartments. The renovations were completed 10 years ago and included upgrades to the electrical system, boiler, rubber roofing, and exterior pointing. The property also includes a well-maintained laundry room. Interior features noted include window A/C units, an alarm, and a disposal, with hardwood and tile flooring.

Constructed in 1911, the building sits on a 0.4209-acre lot and has a roof system described as rubber and flat. The property’s zoning is R7A.

This is an apartment-building configuration focused on renovated unit interiors and on-site laundry support, with core building-mechanical and exterior system upgrades completed as part of the 10-year-ago renovation work.

Key Highlights

  • 54 fully renovated apartments in a Brooklyn brick multifamily building
  • Renovations completed 10 years ago, including electrical system, boiler, rubber roofing, and exterior pointing
  • 0.4209‑acre lot with 64,965 SF building size

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.

Lease Details

54
Residential units

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Modern brick apartment building with 54 fully renovated units, laundry room, and R7A zoning.
Where is this apartment building located?
The property is located at 547 Lincoln Place 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: 54 fully renovated apartments in a Brooklyn brick multifamily building; Renovations completed 10 years ago, including electrical system, boiler, rubber roofing, and exterior pointing; 0.4209‑acre lot with 64,965 SF building size
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message