NY > Brooklyn
Brooklyn, NY 11213,1239 Saint Johns PL #5
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Thomas D’Alcamo

Thomas D’Alcamo

+1(917) 544-9091
$ 2,499,000
Est. payment | /mo

40 Beds

16 Baths

14,596 SqFt

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$ 2,499,000
Est. payment | /mo
Save

40 Beds

16 Baths

14,596 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,596 sqft

Price per Sqft $171

MLS Listing ID 488109

Style Other

Bedrooms 40

Full Baths 16

Year Built 1913

Annual Tax Amount $57,836

Property Sub-Type Multi-Family

Property Description

Great investment opportunity at St. John Pl. Just listed in the market in the heart of CROWN HEIGHTS! this sixteenth-unit, rent-stabilized building is a rare find in the highly sought-after Crown Heights neighborhood, making it an excellent investment opportunity for those looking for a solid cash-flowing property. The building features FOUR apartments per floor, eight with two bedrooms with a total of five apartments in the rear of the building, the front apartment all has three bedrooms with a total of six room high ceilings, and some updated kitchens appliances and countertops, as well as historic charm throughout. At closing, there will be three possibilities units vacant at closing, offering immediate free market potential rental income. The building's new boiler and expansive basement level, which can be converted into a laundry facility, recreational room, or storage space, add further value. While the flat roof recently updated. This property is in a prime location for commuting to local attractions such as the Brooklyn Children's Museum, Brooklyn Botanic Garden, and Prospect Park. The area also boasts countless dining and shopping options along Nostrand Ave, with convenient access to transportation via the B44/45 bus and the 2/3/4 subway lines just minutes away. Overall, this Brooklyn gem presents an exciting opportunity for investors or owner-occupiers seeking a profitable and convenient investment in one of Brooklyn's most sought-after neighborhoods. The seller is not able to provide the most up-to-date DHCR paperwork.

Location

State NY

County Kings (brooklyn)

Area Crown Heights

Zoning R6

Rooms

Basement Full, Separate Entrance, Unfinished

Interior

Hot Water Gas

Heating Oil

Flooring Carpeting, Ceramic, Hardwood, Laminate, Tile

Heat Source Oil

Exterior

Exterior Feature Brick

Amenities Available Storage rooms, NONE

Roof Type Flat,Rubber

Handicap Access No

Building

Story 4

Foundation Block, Poured Concrete

Others

Energy Description Oil

Financing 1031 Exchange,Assumption,Bank Mortgage,Cash,Owner

Listed by Century 21 Realty First
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+1(917) 544-9091

thomasdalcamo@gmail.com

7610 13th Ave, Brooklyn, New York, 11228, USA

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1239 Saint Johns PL #5