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  • 1262 Sterling Place Crown Heights, NY 11213
    $1,988,000
    Mixed Use Commercial ML# 3515411
    Calling All Investors, Developers, & End-Users!!! Brand New 100% Occupied 3 Unit Free Market Apartment Building In Crown Heights For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong R6/C1-3 Zoning, 6 Parking Spaces, High 8’ Ceilings, Separate Meters, Gated Yard, Low Property Taxes, Motion Sensor Lights, All New LED Lighting, 200 Amp Power, A/C, +++!!! The Property Is Located In The Heart Of Crown Heights 2 Blocks From Eastern Parkway!!! The Property Was Fully Renovated In 2023!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children’s Museum & The Prospect Park Zoo!!! Neighbors Include USPS, UPS, The Home Depot, Dunkin’, CubeSmart Self Storage, Walgreens, AutoZone, Bank Of America, Planet Fitness, Blink Fitness, GameStop, Baskin-Robbins, Mobil, McDonald’s, Mavis Discount Tire, Family Dollar, Wendy’s, White Castle, IHOP, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Unit 1 (3Br. Apt.): $38, 400 Ann. Lease Exp.: 9/1/24. Unit 2 (2 Br. Apt.): $30, 000 Ann. Lease Exp.: 7/1/24. Unit 3 (2 Br. Apt.): $30, 000 Ann. Lease Exp.: 7/1/24. Gross Income: $98, 400 Ann. Expenses: Gas: $0 (Electric Only) Electric: $360 Ann. (Hallway Only) Water + Sewer: $1, 250 Ann. Insurance: $2, 500 Ann. Taxes: $3, 841.68 Ann. Total Expenses: $7, 951.68 Ann. Net Operating Income (NOI): $90, 448.32 Ann.
    Presented By: All Island Estates Realty Corp  516-783-5600
    Call Today: 516-783-5600, (516) 279-8828, 516-279-8828, or  Email: Richard Matt Shane
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OneKey™ MLS The data relating to real estate for sale on this web site comes in part from the OneKey™ MLS. Real Estate listings held by brokerage firms other than All Island Estates Realty Corp are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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