NOT LISTED FOR SALE

1416 Lincoln Place Brooklyn, NY 11213

Crown Heights Neighborhood

Estimated Value: $996,094 - $1,127,000

6 Beds
2 Baths
3,420 Sq Ft
$308/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $999,000 $292 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,365/month

159 Days on Market

Highlights

  • 2 Car Detached Garage
  • 4-minute walk to Crown Heights-Utica Avenue
  • Hot Water Heating System
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of July 2024

1416 Lincoln Place is a classic semi-detached, brick 2-family townhouse in the heart of the beautiful Crown Heights section of Brooklyn. This property boasts 3 bedrooms over 3 bedrooms, and a full, walk-out garden level. DELIVERED VACANT! - & Perfect for any Investor, as this building's size is 20' x 51' and also features over 3000' of unused F.A.R. This property needs TLC from the new owner, and is being Sold AS-IS. **** This property is also being sold with all current Violations.

Last Agent to Sell the Property

Anthony Mottola

Mottola Real Estate LLC Brokerage Phone: 718-894-8700 License #10491213489 Listed on: 09/28/2023

Last Buyer's Agent

Non Member

NonMember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,156

Year Built

  • Built in 1920

Lot Details

  • 2,375 Sq Ft Lot
  • Lot Dimensions are 23.75x100
  • No Common Walls

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Dr Jacqueline Peek-Davis Elementary School
  • School Of Integrated Lrning Middle School
  • Brownsville Academy High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 24 / 1391
  • Assessor Parcel Number 01391-0024

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,156

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Year Built: 1920
  • New Construction: No
  • Attribution Contact: 718-894-8700
  • BuildingSize: 20' x 57'
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 6
  • NumberOfKitchens: 2

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Shared Driveway, Detached, 2 Car Detached

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: School Of Integrated Lrning (The)

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 23.75x100
  • Lot Size Sq Ft: 2375
  • Lot Size Units: Acres
  • Parcel Number: 01391-0024
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2023-09-29

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6155.68
  • Tax Block: 1391
  • Tax Lot: 24
  • Tax Map Number: 01391-0024

MLS Schools

  • Elementary School: Dr Jacqueline Peek-Davis School
  • High School: Brownsville Academy High School
  • Middle School District: Brooklyn 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Jul 18, 2024
Sold by
Leo Francis
Bought by
1416 Lincoln Pl Llc
Seller's Agent
Anthony Mottola
Mottola Real Estate LLC
Buyer's Agent
Non Member
NonMember
List Price
$1,400,000
Sold Price
$999,000
Premium/Discount to List
-$401,000
-28.64%
Views
567
Current Estimated Value
$1,053,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,774
Avg. Annual Appreciation
5.54%
Original Mortgage
$600,000
Outstanding Balance
$594,375
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$459,399

Purchase Details

Closed on
Jul 12, 2010
Sold by
Estate Of Augustus D Coley and Folkes
Bought by
Leo Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,130
Interest Rate
4.76%

Purchase Details

Closed on
May 5, 2000
Sold by
Anderson Viola V
Bought by
Coley Augustus D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
8.5%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1416 Lincoln Pl Llc $999,000 --
Leo Francis $467,600 --
Leo Francis $467,600 --
Coley Augustus D $65,000 Stewart Title Insurance Co
Coley Augustus D $65,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1416 Lincoln Pl Llc $600,000
Previous Owner Leo Francis $67,660
Previous Owner Leo Francis $459,130
Previous Owner Coley Augustus D $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $999,000 -9.2% $292 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
02/28/2024 02/28/24 Price Changed $1,100,000 -8.3% $322 / Sq Ft
01/02/2024 01/02/24 Price Changed $1,200,000 -7.7% $351 / Sq Ft
11/07/2023 11/07/23 Price Changed $1,300,000 -7.1% $380 / Sq Ft
09/28/2023 09/28/23 For Sale $1,400,000 -- $409 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,333 $62,700 $24,180 $38,520
2024 $6,333 $59,940 $24,180 $35,760
2023 $6,156 $60,960 $24,180 $36,780
2022 $5,715 $56,700 $24,180 $32,520
2021 $5,685 $59,160 $24,180 $34,980
2020 $2,749 $52,080 $24,180 $27,900
2019 $5,496 $57,000 $24,180 $32,820
2018 $5,149 $25,258 $15,517 $9,741
2017 $4,863 $23,856 $13,371 $10,485
2016 $4,500 $22,510 $15,195 $7,315
2015 $2,714 $21,896 $13,138 $8,758
2014 $2,714 $21,896 $15,776 $6,120
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Anthony Mottola

    Mottola Real Estate LLC

    (718) 894-8700

    1 in this area

    46 Total Sales

    Anthony Mottola
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    NonMember

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3507276

OneKey® MLS

APN: 01391-0024

New York Kings County Brooklyn 11213 Crown Heights

1416 Lincoln Place, Brooklyn, NY

This home is located at 1416 Lincoln Place, Brooklyn, NY 11213 since 28 September 2023 and is currently estimated at $1,053,774, approximately $308 per square foot. This property was built in 1920. 1416 Lincoln Place is a home located in Kings County with nearby schools including Dr Jacqueline Peek-Davis School, Explore Charter School - Empower Upper School, and KIPP AMP Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

OneKey® MLS The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.

Nearby Homes