Evette Leavy
Licensed RE Salesperson
REALTOR®
MLS#993275
STATUSActive
PROPERTY TYPECommercial -
SCHOOLContact Agent
Property Description
WELCOME TO 347 LINCOLN ROAD IN BEAUTIFUL PROSPECT HEIGHTS BROOKLYN. THIS STUNNING 8 FAMILY HOME IS AN IDEAL INVESTMENT FOR ANYONE LOOKING TO KEEP AS A RENTAL PROPERTY OR HAVE A STUNNING HOME TO RESIDE IN. THE RENT ROLL AND EXPENCES HAVE A CAP RATE OF 7.3%. THE RENTALS WILL COVER A MORTGAGE AND ALLOW FOR ANYONE TO BUILD EQUITY WHILE ENJOYING HOME OWNERSHIP. THIS WONDERFUL LOCATION IS SUPER CLOSE TO PROSPECT PARK , THE BROOKLYN MUEUM, BARCLAYS CENTER, SHOPS AND TRANSPORTATION. THIS IS TRULY A ONCE IN A LIFETIME OPPORTUNITY TO OWN IN THIS DESIRABLE AND TRENDY LOCATION.
Property Features
Property Type: Commercial -
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Heating: Natural Gas
Lot Size: 0.09 Acres
Taxes: $24,022
Year Built: 1909
Feature Descriptions
Appliances: Oven, Refrigerator
Building Area Total: 9600
Cap Rate: 7
Days on Site: 9
Exterior: Block
Flooring: Combination
Heating Units: 1
Heating Zones: 8
Included In Taxes: Trash
On Market Date: 2026-04-30
Parcel Number: 01329-0051
Parking Features: None
Rental Term: Monthly
Separate Electric Meters: 8
Separate Gas Meters: 8
Sewer: Shared
Tenant Pays: Electricity
Units: 8
Utilities: Sewer Available
Water: Public
Local Schools
High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent
Listed By / Shown By
Listing By
Agency Name: Realty Trends Corp
Agency Contact: 516-312-3223
Shown By
Agent Name: Evette Leavy
Agent Phone: Cell: (516) 984-0073
Agency Title: Coldwell Banker American Homes
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Agent License Information: Licensed Real Estate Salesperson
347 Lincoln Road | MLS# 993275
This commercial property located at 347 Lincoln Road, Brooklyn, NY 11225 is currently listed for sale with an asking price of $2,425,000. Lincoln Road is located within the Contact Agent school district. Search Brooklyn real estate on eleavy.cbamhomes.com today.