1262 Sterling Place

Crown Heights

$1,988,000
Price
7
Beds
3
Baths
2,465 Sq. Ft.
$806 / Sq. Ft.
2,465
Sq. Ft.
$806
per Sq. Ft.

Description

Calling All Investors, Developers, & End-Users! 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...Calling All Investors, Developers, & End-Users! 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 & The Prospect Park Zoo! Neighbors Include USPS, UPS, The Home Depot, Dunkin', 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.

Property Details for 1262 Sterling Place

Township
Brooklyn
Architectural Style
Duplex
Garage Spaces
.00
Section Area
Trpy Avenue
Offer Presentation
Can be Present

Location

Listing Courtesy of All Island Estates Realty Corp
Add your commute
LISTING UPDATED: 04/16/2024 09:58 PM

Property Details for 1262 Sterling Place

StatusActive
MLS ID3529313
Days on Market85
Taxes$3,842 / year
Maintenance-
Min. Down Pymt-
Total Rooms10.0
Compass TypeTownhouse
MLS TypeSingle Family
Year Built1899
Lot Size1,990 SF / 18' x 111'
CountyKings County

Building

1262 Sterling Pl

2 Units3 StoriesBuilt in 1899

Location

Listing Courtesy of All Island Estates Realty Corp
Add your commute

Building Information for 1262 Sterling Place

Stories3Year Built1899Building Size18' x 45'Building Sq. Ft2,430 SFLot Size1,990 SF / 18' x 111'Building Age-Building Type-

Payment Calculator

$11,169 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,849

Property Taxes

$320

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1262 Sterling Place

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 13
  • Directions: Troy Avenue To Sterling
  • Tax Block: 1376
  • Tax Lot: 41
  • Property Attached: No
  • Structure Type: false
  • Property Condition: Good
  • New Construction YN: No
  • Flood Zone Report: 0
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Brooklyn 13
  • Elementary School District: Brooklyn 13
  • Middle Or Junior School District: Brooklyn 13
  • Middle Or Junior School: Dock Street School
  • High School District: Brooklyn 13
  • High School: Brooklyn Academy High School
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 1
Room Information
Room 1 Information
  • Room Level: First
  • Room Type: Bedroom
  • RoomDescription 1: 2 BR
Room 2 Information
  • Room Level: First
  • Room Type: Kitchen
  • Room Description: Kitchen
Room 3 Information
  • Room Level: First
  • Room Type: Bathroom
  • Room Description: Full Bath
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 01376-0041
  • Tax Map Number: 01376-0041
Interior and Exterior Features
Interior Features
  • Amenities: Duplex, Public
  • Number Of Kitchens: 3.0
  • Total Rooms: 10
  • Living Area Units: Square Feet
  • Basement: None
  • Attic Description: None
  • Fireplaces Total: 0
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Property Features: Off Site
  • Elevation Certificate: No
  • Construction Materials: Frame
Lot Information
  • Lot Size Dimensions: 18x110.58
  • Building Area Units: Square Feet
Parking
  • Parking Features: Off Site
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Heating: Electric, Hot Water
  • Heat Fuel Type: Electric, Hot Water
  • Number Of Heating Zones: 3
  • Hot Water: None
  • Sewer: Sewer
  • Water Source: Public
Green Features
  • Green Features: Electric, Hot Water

Property History for 1262 Sterling Place

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1262 Sterling Place

Taxable ValueLand$19,800Additions$53,520Total$73,320
Home Facts
Total Finished SqFt2,465 SqFtLot Size1,990 SqFtYear Built1899ZoningR6APN3013760041

Schools near 1262 Sterling Place

This home is within Nyc Geog District #17 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
New Bridges Elementary School
PublicPK to 5

The School Of Integrated Learning
Public6 to 8

Pathways Tech Early College High School
Public9 to 12

Academy for Health Careers
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1262 Sterling Place is a townhouse for sale in Crown Heights. This property was listed for sale on February 2, 2024 by All Island Estates Realty Corp, it's currently listed at $1,988,000. This listing's school district is Nyc Geog District #17 - Brooklyn. Nearby schools include New Bridges Elementary School, The School Of Integrated Learning and Pathways Tech Early College High School. 1262 Sterling Place is a 7-bed, 3-bath, 2,465 sqft townhouse built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of All Island Estates Realty Corp

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.