Active
1239 Saint Johns Place 5
Brooklyn NY, 11213
$2,499,000
$171.21 per sqft
Active
40 Beds
16 Baths
14,596 sqft
Multi-family
Built in 1913
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.
488109
MLSⓇ ID
December 19, 2024
Listed
December 21, 2024
Updated
Map
1239 Saint Johns Place 5
Brooklyn NY, 11213
Interior Features
Total Stories
4
Bedrooms
40
Total Bathrooms
16
Full Bathrooms
16
Interior Features
Carpet, Ceramic Tile, Hardwood, Laminate, Tile
Appliances
Gas Water Heater, Refrigerator, Cooktop
Floor Description
Carpet, Ceramic Tile, Hardwood, Laminate, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Steam, Oil
Exterior/Building Features
Lot Size
0.12 Acres
Architectual Style
Other
Roof
Rubber
Other Property Details
Area Name
Brooklyn
Taxes
$57,836
Tax Frequency
Annually
Days on Market
2
Garage
No
View
No
County
Kings
Pool
No
Zoning
R6
Listed by Kun (John) Wu with Century 21 Realty First
Listing Contact: 7187585838
Based on information from Brooklyn Board of REALTORS®. Data last updated 12/21/2024. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Parkview Terrace Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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