Address
547 Lincoln Place, Brooklyn, NY
Price
$ 9,000,000
Property Attributes
- MLS#486939
- TypeMulti-Family
- Listing Status Active
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodCrown Heights
- Zip11238
- Style
- Year Built1911
- Taxes$ 161579
- Price$ 9,000,000
- Bedrooms114
- Full Bathrooms54
- Half Bathrooms0
- Sqr Footage64965
- Lot Size0.420937 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description
Located in the heart of Crown Heights, this modern building features 54 fully renovated apartments. Renovations were completed 10 years ago, including upgrades to the electrical system, boiler, rubber roofing, and exterior pointing. Additionally, the building boasts a well-maintained laundry room and is in excellent overall condition. With a solid foundation and contemporary features, this property represents a fantastic investment opportunity in a thriving neighborhood. Don't miss out on this rare chance to own a prime piece of real estate in Crown Heights. Serious inquiries only, as per seller proof of funds required to view property.
| Price History | |
|---|---|
| 10/21/2024 | Listed $9,000,000 |
General Features
| Roof | Flat,Rubber |
|---|---|
| Zoning | R7A |
| Electric | 220 V,Circuit Breakers |
| Style | Other |
| Stories Count | 4 |
| Property Type | Residential |
| Block | 1178 |
| Lot Number | 59 |
| Yearly Taxes | 161579.00 |
| Transaction Type | Sale |
| Insurance Expense | 48912.00 |
| Gross Expense | 272126.00 |
| Financing | Bank Mortgage,Cash |
| Building Type | Attached |
| Gross Income | 830656 |
| Status | Active |
| Fuel Expense | 47771.00 |
| Total Rooms | 228 |
| Construction Materials | Brick |
| Cumulative Days on Market | 702 |
| MLS Area | Crown Heights |
| Sub Type | Multi-Family |
| Year Built | 1911 |
| City | Brooklyn |
| Borough | Brooklyn |
| Number Of Available Units | 54 |
| Residential Features | A/C Unit - Window,Alarm,Disposal,Laundry Area |
| DOM | 702 |
| Sale Type | Arm's Length |
| # Families | 54 |
| Public Remarks | Located in the heart of Crown Heights,this modern building features 54 fully renovated apartments. Renovations were completed 10 years ago,including upgrades to the electrical system,boiler,rubber ro |
Interior Features
| Heating Fuel | Gas |
|---|---|
| Flooring | Hardwood,Tile |
| Hot Water | Gas |
| Full Baths | 54 |
| Unit Count | 4 |
| Building Amenities | Door – Intercom,Resident Superintendent,Secure Lobby,Storage rooms |
| Sq Ft Total | 64965 |
| AC Units | 5+ |
| Basement Amenities | Full,Unfinished |
| Baths Total Level 1 | 12.00 |
| Baths Total Level 2 | 15.00 |
| Baths Total Level 3 | 15.00 |
| Baths Total Level 4 | 15.00 |
| Beds Total Level 1 | 24 |
| Beds Total Level 2 | 30 |
| Beds Total Level 3 | 30 |
| Beds Total Level 4 | 30 |
| Rooms Total Level 1 | 48 |
| Rooms Total Level 2 | 60 |
| Rooms Total Level 3 | 60 |
| Rooms Total Level 4 | 60 |
| Beds Total | 114 |
| Total Baths | 54.00 |
Exterior Features
| Exterior | Brick |
|---|---|
| Yard | Back |
| Foundation | Poured Concrete |
| Lot Sq Ft | 18336 |
| Building Length | 320.00 |
| Building Width | 138.00 |
| Lot Size Length | 398 |
| Lot Size Width | 138 |
| Parking Attrib | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 11238
Price
Taxes
Year Built
Visits
In The Neighborhood
Brooklyn
$ 1,725,000
- Type
- Multi-Family
- Size
- 1,824 SqFt
- Rooms
- 0 Beds + 3 Baths
Listed by: Jabour Realty Company
Brooklyn
$ 1,499,000
- Type
- Multi-Family
- Size
- 2,140 SqFt
- Rooms
- 0 Beds + 2 Baths
Listed by: RE/MAX Edge
Brooklyn
$ 3,000,000
- Type
- Multi-Family
- Size
- 6,048 SqFt
- Rooms
- 15 Beds + 4 Baths
Listed by: Century 21 Achievers
Brooklyn
$ 1,200,000
- Type
- Multi-Family
- Size
- 7,500 SqFt
- Rooms
- 10 Beds + 8 Baths
Listed by: MadisonEstates Sothebys Realty
Brooklyn
$ 1,111,000
- Type
- Multi-Family
- Size
- 3,000 SqFt
- Rooms
- 6 Beds + 2 Baths
Listed by: Exit All Seasons Realty
All Data is Copyright © 2026 BNYMLS Inc. All Rights Reserved. Information is deemed reliable, but not guaranteed and should be independently verified.
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