Calling All Investors

Developers and End-Users!!! Brand 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 and The Prospect Park Zoo!!! Neighbors Include USPS, UPS, The Home Depot, Dunkn', 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.

Request Information
on 1262 Sterling Pl
in Crown Heights, NY
Presented by Richard Matthew Shane at
All Island Estates Realty Corp.


Property MLS #3529313 from OneKeyMLS

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 7

+ Other Rooms

Total Rooms: 10

+ Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

+ Heating and Cooling

Heating Features: Electric, Hot Water

+ Kitchen and Dining

Kitchen Level: First

+ Land Info

Lot Size Acres: 0.0456841
Lot Size Dimensions: 18x110.58
Lot Size Square Feet: 1990

+ Garage and Parking

Parking Features: Off Site

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

Elementary School District: Brooklyn 13
High School: Brooklyn Academy High School
High School District: Brooklyn 13
Middle School: Dock Street School
Middle or Junior School District: Brooklyn 13
+ Display Complete School Details

The School Of Integrated Learning is a public middle school located approximately 0.1 miles away.
Map directions

New Bridges Elementary School is a public elementary school located approximately 0.2 miles away.
Map directions

Ateres Chaya is a private elementary school located approximately 0.1 miles away.
Map directions

Pathways Tech Early College High School is a public high school located approximately 0.3 miles away.
Map directions

+ Other Property Info

Annual Tax Amount: 3842.00
Source Listing Status: Active
Tax Block: 1376
County: Brooklyn
Cross Street: Trpy Avenue
Directions: Troy Avenue To Sterling
List Price Low: 1988000
Source Property Type: Residential
Parcel Number: 01376-0041
Township: Brooklyn
Property Subtype: Single Family Residence
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$40,200 + $19,800 $60,000	$3,690
2021	$36,000 + $19,800 $55,800	$3,671
2020	$36,660 + $19,800 $56,460	$3,690
2019	$39,420 + $19,800 $59,220	$3,447
2018	$8,588 + $7,175 $15,763	$3,297
2017	$9,744 + $5,661 $15,405	$3,140
2016	$7,733 + $6,805 $14,538	$2,906
2015	$4,606 + $9,923 $14,529	$2,841
2014	$2,486 + $11,246 $13,732	$2,631
2013	$2,129 + $11,007 $13,136	$2,520
2012	$2,441 + $10,397 $12,838	$2,337
2010	$3,777 + $8,338 $12,115	$2,069
2009	$5,447 + $6,661 $12,108	$1,955
2007	$8,836 + $1,863 $10,699	$1,627

+ Reveal Property Sale History

Listed 2024-02-02
$1,988,000
OneKeyMLS

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Sold 2018-06-06
$996,499
Public Record

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Listing removed 2016-08-31
$829,000
Brooklyn

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Listing removed 2015-01-16
$450,000
MyStateMLS

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Relisted 2014-08-21
$450,000
MyStateMLS

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Listing removed 2014-07-30
$450,000
MyStateMLS

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Listing removed 2014-07-24
$450,000
OneKeyMLS

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Listed 2014-07-24
$450,000
MyStateMLS

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Price Changed 2014-06-18
$450,000
OneKeyMLS

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Listed 2014-06-12
$160,000
OneKeyMLS

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Listing removed 2013-09-04
$160,000
OneKeyMLS

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Listed 2013-04-11
$160,000
OneKeyMLS

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Sold 2006-05-03
$710,000
Public Record

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Sold 2005-03-04
$260,000
Public Record

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Sold 2005-02-25
$575,000
Public Record

+ Building and Construction

Year Built: 1899
Common Walls: No Common Walls
Construction Materials: Frame
Property Age: 125
Property Condition: Good
Architectural Style: Duplex

+ Utilities

Sewer: Sewer
Water Source: Public