For sale

Price increase: $460K (5/1)

$2,450,000

347 Lincoln Rd, Brooklyn, NY 11225

16beds

9,600sqft

Multi Family

Built in 1909

-- sqft lot

$1,374,200 Zestimate^®

$255/sqft

$-- HOA

What's special

Wonderful original details

Welcome to 347 Lincoln Road in Beautiful Prospect Heights Brooklyn. This Stunning 8 Family home is ideal for anyone looking to keep a rental property or Live in one of the amazing units and let your rent roll pay your mortgage . This Amazing Trendy location is close to beautiful prospect park, Shops and trendy bars and restaurants. Currently the rent-roll is 197,000 yearly and after the expenses the NOI is about 147,000 yearly . Giving you a cap rate of 7.30% This amazing property has wonderful original details . Currently there are 4 units vacant which makes it ideal to either live in the property combine units for larger living space or possibly rent it as you see fit.

1 day

153

6

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 8
Full bathrooms: 8

Heating

Natural Gas, Baseboard

Appliances

Included: Refrigerator, Stove, Hot Water Coil in Boiler

Features

Flooring: Hardwood
Basement: Full

Interior area

Total structure area: 9,600
Total interior livable area: 9,600 sqft

Property

Parking

Parking features: Street, None
Has uncovered spaces: Yes

Features

Stories: 4

Lot

Size: 3,972 Square Feet
Dimensions: 38x102
Features: Back Yard, Front Yard

Details

Foundation area: 2400
Zoning: R6
Special conditions: Arm's Length

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Brick - Federal, Block
Foundation: Block
Roof: Asphalt/Tar

Condition

Year built: 1909

Utilities & green energy

Electric: Circuit Breakers

Community & HOA

Community

Subdivision: Brooklyn

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $255/sqft
Annual tax amount: $24,022
Date on market: 5/1/2026

Estimated market value

$1,374,200

$1.14M - $1.64M

$4,276/mo

Price history

Date	Event	Price
5/1/2026	Price change	$2,450,000+23.1%$255/sqft
Source: BNYMLS #501050 Report a problem
11/8/2023	Price change	$1,990,000-20.4%$207/sqft
Source: OneKey® MLS as distributed by MLS GRID #3465355 Report a problem
10/24/2023	Listed for sale	$2,499,000$260/sqft
Source: OneKey® MLS as distributed by MLS GRID #3465355 Report a problem
10/1/2023	Listing removed	--
Source: OneKey® MLS as distributed by MLS GRID #3465355 Report a problem
7/25/2023	Price change	$2,499,000-28.6%$260/sqft
Source: OneKey® MLS as distributed by MLS GRID #3465355 Report a problem
3/17/2023	Listed for sale	$3,500,000$365/sqft
Source: OneKey® MLS as distributed by MLS GRID #3465355 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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