About 1522 Lincoln Place
Located in the heart of vibrant Crown Heights, this well-maintained three-family property presents a rare opportunity for both investors and end-users. Built just 10 years ago and in excellent condition, the building features three fully renovated units, all offering spacious layouts, modern finishes, and great natural light. Currently, all units are tenant-occupied, generating a strong and stable income stream with an in-place 6.3% cap rate. Each unit has been thoughtfully updated and is separately metered, making this a true turnkey investment with minimal maintenance required. For buyers looking to live in the property while generating rental income, there is the option to deliver one unit vacant at closing, allowing for a seamless transition into an owner-occupied setup. This flexibility makes the property ideal for those seeking a hybrid investment and personal residence in one of Brooklyn’s most desirable neighborhoods.
Features of 1522 Lincoln Place
| MLS® # | 892061 |
|---|---|
| Price | $1,350,000 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 2,460 |
| Acres | 0.03 |
| Year Built | 2006 |
| Type | Residential |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 1522 Lincoln Place |
|---|---|
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | NY |
| Zip Code | 11213 |
Additional Information
Listing Details
| Office | Best In The Market Realty Inc |
|---|---|
| Office Contact | 718-493-1471 |