1601 Saint Johns

Crown Heights, NY 11233
$1,200,000
3 beds | 2 baths | 0.05 acres | #3589526

Description

Prime Mixed-Use Opportunity in the Heart of Crown Heights, Brooklyn Unlock the potential of this versatile, mixed-use property nestled in the vibrant Crown Heights neighborhood, one of Brooklyn's most sought-after areas for growth and development. This building features a well-maintained ground-floor commercial space, perfect for a retail store, caf?, or office, with excellent street visibility and foot traffic. Above, a spacious, sunlit 3-bedroom, 1-bath apartment offers comfortable living with ample room for live/work setups or for great rental income. Expansive Development Potential With over 3,000 square feet of unused air rights, this property offers a rare chance to expand or redevelop, presenting a lucrative opportunity for investors and developers alike. Imagine adding additional units, expanding the commercial footprint, or creating a mixed-use complex that takes full advantage of Crown Heights' steady rise in demand. Prime Location Located amidst thriving businesses, parks, and easy subway access, this property promises to attract both commercial tenants and renters seeking the convenience and charm of Brooklyn living.Don't miss the chance to secure an investment that not only offers immediate rental income but also the potential for significant growth in a booming Brooklyn market. Seize the Opportunity Whether you're looking to own a piece of Crown Heights or seeking your next great development project, this property combines income potential with the flexibility to grow and evolve with the area's dynamic landscape.
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  • Interior Details
    • Heating & Cooling
      • Heating:Natural Gas, Hot Water
    • Beds & Baths
      • Bedrooms:3
      • Bathrooms:2
      • Full Baths:2
  • Property Details
    • Property
      • Lot description:Near Public Transit
    • Measurements
      • Acres:0.05
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Basement:1
    • Condition
      • Year built:1920
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Community
      • Community features:Near Public Transportation
    • Location
      • School district:Brooklyn 23
      • Elementary School:Ps 178 Saint Clair Mckelway
      • Middle School:Ps 165 Ida Posner
      • High School:Metropolitan Diploma Plus High Sch
      • County:Brooklyn
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 500, 000
      • Taxes annual:$2, 741
  • Other
    • Source
      • MLS #:3589526

Location

Keller Williams LandmarkAsk Vinny Thompson team
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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