1376 St Johns Pl Brooklyn, NY 11213

Property Details for 1376 St Johns Pl

Year built

1920

Property size

5,370 SF

Property type

Mixed-use properties

Description

This exceptional mixed-use property at 1376 St. Johns Place in Crown Heights, Brooklyn, presents a compelling investment opportunity for discerning buyers. Priced at $1,750,000, this 5,370 square foot building boasts two units across two stories, built in 1920. The property's R6 and C1-3 zoning allows for significant development potential, whether expanding the existing structure or reconfiguring the current layout to maximize its value. Its strategic location, just blocks from Utica Avenue, provides unparalleled access to public transportation, including the 3 and 4 subway lines and numerous bus routes, ensuring seamless connectivity to the rest of Brooklyn and Manhattan. This prime location within a thriving neighborhood offers investors and developers the chance to capitalize on Crown Heights' upward growth trajectory. The building's 5,370 square feet translates to a price per square foot of $325.88, representing a strong value proposition in this desirable area. This is a rare chance to acquire a substantial property in a rapidly developing Brooklyn neighborhood, offering a blend of immediate income potential and long-term growth prospects. The property's existing structure provides a solid foundation for various development scenarios, allowing for creative design modifications and expansion to fully realize its potential. Don't miss this chance to secure a piece of Brooklyn's vibrant real estate market.

Location Insight

City

Brooklyn

County

Kings

State

New York

Longitude

-73.9327

Latitude

40.6704