NOT LISTED FOR SALE

Estimated Value: $1,837,000 - $2,947,000

-- Bed
-- Bath
2,748 Sq Ft
$877/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $2,400,000 $873 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $13,037/month

39 Days on Market

Highlights

  • Pre War Building
  • Central Air
  • 2-minute walk to Nostrand Avenue (3,4 Line)

About This Home

As of January 2021

Contact us for a full set up

An opportunity like this has finally arrived! Have you always dreamed of living or owning a tremendous rental property in prime Brooklyn? Well we finally have it!

Welcome to 756 Lincoln Pl, this tremendous 3 family brownstone on one of the best blocks in all Crown Heights is finally available for sale. This property has just underwent a full gut renovation and is ready for you to become the next owner. Measuring out at 20 foot wide and completely semi-detached with a shared driveway and windows on the side, this property is always well lit with vibrant natural light.

What makes this property perfect for rental income is the layout. Configured smartly as a 4BR over a 3BR Over a 3BR Garden duplex with the basement. Also, each unit is equipped with 2 full baths as well as the all important washer/dryer. With that being said, the incredible condo-like finishes, and the prime location the house sits in will allow you to generate the highest potential rental income .

End user? This home make sense for you too! Take one unit for yourself and allow the other two units to practically pay your mortgage.

Location is a dream. Placed right in between Nostrand and Rogers. The 2,3,4,5 trains are all steps from the house as well as the best retail Crown Heights! Grab a bite to eat at Lula Bird, Lula Bagel, Chavelas, Cent'anni, Two Saints, Aita Trattoria and many others on Franklin and Nostrand. Proximity to Prospect Park and Brooklyn Botanical Garden is also a major plus.

Scheduled your appointment to see the place today as it is completely vacant.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 2,004

Home Design

  • Pre War Building

Interior Spaces

  • 2,748 Sq Ft Home
  • 2-Story Property

Additional Features

  • Lot Dimensions are 26.0 x 77.0
  • Central Air

Community Details

  • Crown Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 23 / 1261

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: Rogers Avenue/Nostrand Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 2748.0
  • Living Area Units: Square Feet

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Building Cooling, Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Dimensions: 26.0 x 77.0

Building Info

  • Total Stories: 2
  • Year Built: 1910

Tax Info

  • Tax Block: 1261
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2021
Sold by
Townhouse Rental Ii Llc
Bought by
Townhouse Rental Llc
Current Estimated Value
$2,339,575

Purchase Details

Closed on
Mar 19, 2021
Sold by
Greenbrook Thr Owner Ii Llc
Bought by
Greenbrook Thr Owner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,173,021
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 14, 2020
Closed on
Jan 7, 2021
Sold by
Crown Heights Townhouse Llc
Bought by
Greenbrook Thr Owner Ii Llc
List Price
$2,400,000
Sold Price
$2,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.09%

Purchase Details

Closed on
Apr 15, 2019
Sold by
Grant Sherry and Ryan Brian
Bought by
Crown Heights Townhouse Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 1999
Sold by
Cardriche Dennis A and Cardriche Lourdes A
Bought by
Ryan Brian and Grant Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,450
Interest Rate
7.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Townhouse Rental Llc -- --
Townhouse Rental Ii Llc -- --
Greenbrook Thr Owner Llc -- --
Greenbrook Thr Owner Ii Llc $2,400,000 --
Crown Heights Townhouse Llc $1,150,000 --
Ryan Brian $211,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greenbrook Thr Owner Llc $12,173,021
Previous Owner Crown Heights Townhouse Llc $900,000
Previous Owner Ryan Brian $200,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $2,400,000 0.0% $873 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $2,400,000 -- $873 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $9,348 $110,880 $19,980 $90,900
2024 $9,348 $87,600 $19,980 $67,620
2023 $9,209 $94,140 $19,980 $74,160
2022 $8,885 $84,540 $19,980 $64,560
2021 $8,949 $92,700 $19,980 $72,720
2020 $3,384 $83,700 $19,980 $63,720
2019 $6,161 $88,620 $19,980 $68,640
2018 $5,789 $29,859 $5,484 $24,375
2017 $5,644 $29,158 $6,980 $22,178
2016 $5,189 $27,508 $8,893 $18,615
2015 $3,098 $26,956 $12,886 $14,070
2014 $3,098 $25,712 $14,749 $10,963
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10661643

Real Estate Board of New York (REBNY)

APN: 01261-0023