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1239 Saint Johns Place 5, Brooklyn, NY 11213

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For Sale

$2,499,000

40 beds • 16 baths • 14,596 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Attached
    Property type

  • $171.21
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Great investment opportunity at St. John Pl. Just listed in the market in the heart of CROWN HEIGHTS! this sixteenth-unit, rent-stabilized building is a rare find in the highly sought-after Crown Heights neighborhood, making it an excellent investment opportunity for those looking for a solid cash-flowing property. The building features FOUR apartments per floor, eight with two bedrooms with a total of five apartments in the rear of the building, the front apartment all has three bedrooms with a total of six room high ceilings, and some updated kitchens appliances and countertops, as well as historic charm throughout. At closing, there will be three possibilities units vacant at closing, offering immediate free market potential rental income. The building's new boiler and expansive basement level, which can be converted into a laundry facility, recreational room, or storage space, add further value. While the flat roof recently updated. This property is in a prime location for commuting to local attractions such as the Brooklyn Children's Museum, Brooklyn Botanic Garden, and Prospect Park. The area also boasts countless dining and shopping options along Nostrand Ave, with convenient access to transportation via the B44/45 bus and the 2/3/4 subway lines just minutes away. Overall, this Brooklyn gem presents an exciting opportunity for investors or owner-occupiers seeking a profitable and convenient investment in one of Brooklyn's most sought-after neighborhoods. The seller is not able to provide the most up-to-date DHCR paperwork.
MLS# 488109

Courtesy Of Realty First Residential

(718) 758-5838

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Patio
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Carpet, Hardwood, Laminate, Tile
  • Heating System
    Radiator, Steam
  • Lot Size
    0.12 Acres

Map and Directions

Directions to 1239 Saint Johns Place 5, Brooklyn, NY 11213

Home seller CENTURY 21 Scope Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Scope Realty

(888) 919-2508
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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