This Multifamily Property is no longer advertised on LoopNet.com.

42 Lincoln Ave
Brooklyn, NY 11208
Cash-Flowing Multi-Family in Cypress Hills · Multifamily Property For Sale · 6 Units

Investment Highlights

  • 42 Lincoln Ave offers a fully occupied, rent-stabilized asset in the steady Cypress Hills neighborhood.
  • Walkable amenities include Family Dollar, Autumn Deli Grocery, Angela's Pizzeria, and more.
  • Nearby landmarks include Cypress Hills Cemetery, Highland Park, and Forest Park Golf Course.
  • Connectivity is a breeze with the Cypress Hills subway station less than two blocks away.
  • Cypress Hills vacancy rate is at a historic low of 1.3%, making it the perfect time for investors to poach this market.

Property Facts

Sale Condition Auction Sale
Type of Ownership Fee Simple
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.05 AC
Building Size 4,860 SF
Average Occupancy 100%
No. Stories 3
Year Built 1925
Parking Ratio 0.21/1,000 SF
Zoning R5 - Medium density district with a height limit of 40 feet
Parcel Number 04108-0062

Amenities

Unit Amenities

  • Kitchen
  • Refrigerator
  • Range

Site Amenities

  • Security System

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 - -
  • Listing ID: 28020814

  • Date on Market: 3/20/2023

  • Last Updated:

  • Address: 42 Lincoln Ave, Brooklyn, NY 11208

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