1337 Sterling Pl | Brooklyn, NY 11213
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- LoopNet Team
1337 Sterling Pl
Brooklyn, NY 11213
1337 Sterling Place · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Stalled development site in the Crown Heights neighborhood of Brooklyn.
- Units consist of 5 2BR/2BA, 2 - 3BR/3BA and a studio.
- Demolition, foundation, excavation, shoring, etc. was completed.
- Property has approved plans for eight condos.
- Projected condo sellout $835-$850 per foot. ($6,100,000+)
- Approximately $1,600,000 remaining from original $2,200,000 budget to complete.
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Construction Status | Under Renovation |
| Property Subtype | Apartment | Building Size | 3,192 SF |
| Apartment Style | Low-Rise | No. Stories | 4 |
| Building Class | C | Year Built/Renovated | 1899/2025 |
| Zoning | R6 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Construction Status | Under Renovation |
| Building Size | 3,192 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1899/2025 |
| Zoning | R6 |
PROPERTY TAXES
| Parcel Number | 01371-0056 | Improvements Assessment | $483,300 |
| Land Assessment | $117,000 | Total Assessment | $600,300 |
PROPERTY TAXES
Parcel Number
01371-0056
Land Assessment
$117,000
Improvements Assessment
$483,300
Total Assessment
$600,300
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