Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,145,000

· Closed July 1, 2017

1495 Lincoln Place
Closed For Sale Multi Family

$1,145,000

1495 Lincoln Place

Crown Heights, Brooklyn

MLS® #RLS10057632

RLS at REBNY

Listing by The Corcoran Group

Studio

Bedroom

0

Bath

N/A

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Year Built 1901
Neighborhood Crown Heights

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1901)

Property Details

Type Multi Family
Baths null Full
Pets Yes
Year Built 1901
Architectural Style Prewar
Parcel # 01386-0067
Block/Lot null/NA

Description

Accepted offer with bid-up. Want help paying of your mortgage? Live in one floor and rent out two!! Or split this three-family townhouse between multiple owners. Or convert to 2-family or single family for more room for yourself. Or you could rent out entire building for a fantastic projected CAP rate (great rental returns with additional buildable room to grow). Large renovated Three-Family in Crown Heights, for living in as your own home and/or to rent all or part of with fantastic rental potential. Building is three stories with high ceilings plus a basement at 20ftx50ft at front of building, with a 15ftx33.5ft extension on the ground floor, on a 20.17ftx120.25ft lot. The FAR on the lot should allow more than 2500 additional square feet to be built, if you needed more space to live in, or if you wanted larger rental units. Bottom floor apartment is enormous - over 80ft deep with a full backyard (lot over 120ft deep!), currently laid out as a 3BR but convertible to 4BR to maximize rent. Top two apartments are bright and airy renovated 3BRs around 900sf, with potential to expand and to add roof-decks in the future to capture rising rents. Full height finished basement provides excellent storage area, and could be easily converted for laundry or other common space.Two and a half blocks to the Utica 2/3 and 4/5, one block off of Eastern Parkway for drivers. A great opportunity to buy into the booming neighborhood of Crown Heights at a low $/sf while it is still possible, a location and a building with tremendous room to grow.

Building Information

Total Units 3
Style Prewar

Crown Heights is a dynamic and architecturally rich neighborhood in the heart of Brooklyn. Famous for its grand boulevards and impressive collection of pre-war apartment buildings and brownstones, the area offers a sense of scale and history. Residents enjoy proximity to the Brooklyn Museum, the Botanic Garden, and a thriving restaurant scene along Franklin and Nostrand Avenues, making it a popular choice for those seeking space and culture.

Crown Heights Live Market Data

View Neighborhood

Active Listings

80

Median Asking Price

$1.43M

Median $/Sqft

$1,153

Avg Days on Market

N/A

New This Week

13

Price Reduced

18%

Sold (30 Days)

14

Median Sale Price

$1.17M

Live data from RLS at REBNY • Updated 3/28/26, 1:11 PM EST

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Location

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1495 Lincoln Place, Crown Heights, Kings County

Floor Plans

Floor Plan
MLS® ID: RLS10057632
First Listed: 2/11/2016
Price Changed: 3/29/2016
Closed: 7/1/2017
Contract Date: 2/11/2016

Listing Courtesy of The Corcoran Group - Jonah Ramu Cohen

Listing Contact: (413) 429-6781

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/28/2026 at 5:11 PM UTC

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