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347 Lincoln Rd
Brooklyn, NY 11225
347 Lincoln Road · Multifamily Property For Sale · 8 Units

Executive Summary

WELCOME TO 347 LINCOLN ROAD IN BEAUTIFUL PROSPECT HEIGHTS. THIS AMAZING 8 FAMILY HAS 4 RENTED APARTMENTS AND 4 VACANT. THE HOME HAS BEEN UPDATED.
THIS AMAZING 8 FAMILY HAS 8 4 BEDROOM APARTMENTS, THE TOTAL RENTROLL NOI IS 142,414.00
THIS AMAZING PROPERTY CAN MAKE A FANTASTIC CONDO CONVERSION .

Property Facts

Price Per Unit $306,250
Sale Type Investment
Cap Rate 7.30%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.09 AC
Building Size 12,862 SF
Average Occupancy 50%
No. Stories 4
Year Built 1909
Zoning R6 - R6 is a medium-density residential zoning district.

Amenities

Site Amenities

  • Vintage Building

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+1 8 - -

Property Taxes

Property Taxes

Parcel Number
01329-0051
Land Assessment
$8,100
Improvements Assessment
$1,112,400
Total Assessment
$1,120,500
  • Listing ID: 40353263

  • Date on Market: 4/30/2026

  • Last Updated:

  • Address: 347 Lincoln Rd, Brooklyn, NY 11225

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