1262 Sterling
Brooklyn, NY, 11213 $ 1,988,000
Bedrooms7 Baths3.0 Sq 1,990 Monthly Estimate*
$ 13,213
for $1,988,000 with 7 bedrooms and 3 full baths. This 1,990 square foot home was built in 1899 on a lot size of 0.05.
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.
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FeaturesGeneralArchitectural Style Duplex
High School Brooklyn Academy High School
High School District Brooklyn 13
Middle/Junior High School Dock Street School
Middle/Junior School District Brooklyn 13
Elementary School District Brooklyn 13
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* Excluded FeaturesList ByRichard Matt ShaneListing Agent
All Island Estates Realty CorpBroker
matthewshane8828@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $13,213
- Monthly Property Taxes
- $320
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Brooklyn, NY
Average List Price $1,308,591
Percent of Sale Price 34%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
4100877 Elementary School
4100901 Middle School
Brooklyn Academy High School High School
Pricing HistoryDate | Price | Price Change | Description |
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2/2/2024 | $1,988,000 | | Listed Price |