Description
Welcome to 1661 Sterling Place, an exceptional investment opportunity in the heart of Crown Heights. This massive 20.5 x 80ft fully leased building rests on an oversized 25 x 127.75ft lot, offering ample space and incredible potential. With 4,500 sqft of unused FAR, the possibilities are endless for future expansion or customization.
Property Highlights:
- Prime Location: Nestled in the vibrant neighborhood of Crown Heights, this property is conveniently located near shops, restaurants, parks, and transportation options, ensuring an excellent quality of life for tenants.
- Massive Building: The 20.5 x 80ft building boasts spacious interiors, providing comfortable living spaces for all residents.
- Generous Lot Size: The oversized 25 x 127.75ft lot allows for potential outdoor amenities or additional development.
- Lucrative FAR: With 4,500 sqft of unused Floor Area Ratio, you have the opportunity to maximize your investment with future expansion, additional units, or amenities.
- Fully Leased: All four units are currently leased, guaranteeing immediate income and a hassle-free investment.
- Unit Configuration: This property offers three spacious two-bedroom units and one three-bedroom unit, catering
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Property Details
- Multi Family
Amenities
- Building: Green Building
- Interior: Smoke Free
- Cooling: Ductless
- Exterior: Private Outdoor Space Under60 Sqft
- Patio: None
- Attendance: None
- View: Other
- Laundry: In Unit
- Pets: Building Yes, No
- Basement: Other
For information on 1661 STERLING Place, # contact:
Founder, Principal Broker
212-388-1115
Founder, Principal Broker
listings@lohorealty.com
212-388-1115
