Property Description

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.

Features
: Flat, Rubber
Address Map
11213
Saint Johns
1239
Place
0
W74° 3' 45.9''
N40° 40' 16.7''
MLS Addon
: Multi-family
16
1
: Refrigerator, Stove, Patio Garden, A/c Unit - Window
: Hardwood, Ceramic, Tile, Carpeting, Laminate
119600
Century 21 Realty First
Kun (John) Wu
kjw9960
$0
$0
: Unfinished, Full, Separate Entrance
: Storage Rooms, None
: Brick
: Active
: Other
$57,836

Residential For Sale

1239 Saint Johns Place, Brooklyn, New York 11213

40 Bedrooms
16 Bathrooms
14,596 Sqft
$2,499,000
Listing ID #488109
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 488109
Price : $2,499,000
Bedrooms : 40
Bathrooms : 16
Square Footage : 14,596 Sqft
Year Built : 1913
Lot Area : 5,417 Sqft
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