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.

©2025 Brooklyn Board of REALTORS®. All rights reserved.

Powered byLuxury Presence