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This Multifamily Property is no longer advertised on LoopNet.com.
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 | Mid-Rise | No. Stories | 4 |
| Building Class | C | Year Built/Renovated | 1899/2026 |
| Zoning | R6 - Medium density residential district | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Construction Status | Under Renovation |
| Building Size | 3,192 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1899/2026 |
| Zoning | R6 - Medium density residential district |
Property Taxes
| Parcel Number | 01371-0056 | Improvements Assessment | $562,500 |
| Land Assessment | $117,000 | Total Assessment | $679,500 |
Property Taxes
Parcel Number
01371-0056
Land Assessment
$117,000
Improvements Assessment
$562,500
Total Assessment
$679,500
Listing ID: 27507859
Date on Market: 1/13/2023
Last Updated:
Address: 1337 Sterling Pl, Brooklyn, NY 11213
The Crown Heights Multifamily Property at 1337 Sterling Pl, Brooklyn, NY 11213 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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