367 Lincoln Avenue East New York, NY 11208

Multi-Family (2-4 Units) MLS #: 3546086 Courtesy Of VORO LLC

$850,000

5 beds | 3 baths
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Est. Property Tax: $4,385
Estimated monthly payments: $4,081/mo.* (recalculate)

Property InformationDescription

Prime Location: Nestled in a desirable Brooklyn neighborhood, this property enjoys proximity to the bustling city life. Conveniently situated near public transportation, parks, schools, and a variety of dining and shopping options. Income Potential: This approximately 3200 building size multi-family property boasts well-maintained and spacious units, making it an excellent income-generating asset. Whether you're an investor looking to expand your portfolio or a homeowner seeking to offset your mortgage, this property has endless potential. Outdoor Space: Experience outdoor living in the heart of the city with a front patio and backyard. Perfect for relaxation or entertaining, this feature adds significant value to the property. Renovation Potential: For those with a vision, this property provides the opportunity to update and customize each unit to your liking. Create modern living spaces that will attract high-quality tenants and maximize income. Strong Market: Brooklyn continues to be one of New York City's hottest markets, making this property a sound investment with long-term growth potential. Flexibility: The property's layout has flexibility in terms of use. Whether you're interested in renting out all units, living in one while renting out the others, or converting the property into a spacious single-family home, the choice is yours. Don't miss out on this incredible opportunity to own a multi-family property in the heart of Brooklyn. Checkout and explore the potential that this property has to offer. Brooklyn living awaits you!

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Exterior Type: Brick
  • Heating Fuel: Natural Gas
  • Heating System: Forced Air
  • Lot Size: 0.05 Acres
  • Roof Type: Unknown
  • Rooms: Bedroom, Full Bath

MAP & DIRECTIONS

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367 Lincoln Avenue, East New York, NY 11208
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School Information

367 Lincoln Avenue, East New York, NY 11208

Elementary School
Grades PK-5 | Public School
P.S. 214 MICHAEL FRIEDSAM SCHOOL
Brooklyn, NY 11208
2944 Pitkin Ave
718.­647.1740
Distance: 0.4 mi
School Rating
B-
Student:Teacher Ratio
15:1
Total Students
814
Middle School
Grades 6-8 | Public School
J.H.S. 218 JAMES P. SINNOTT
Brooklyn, NY 11208
370 Fountain Ave
718.­647.9050
Distance: 0.8 mi
School Rating
C-
Student:Teacher Ratio
8:1
Total Students
331
High School
N/A
Other Nearby Schools Distance Type Grades School Rating
Cypress Hills Ascend Charter School 0.1 mi Public KG-3 C-
Highland Park Community School 0.3 mi Public 6-8 D+
I.s. 171 Abraham Lincoln 0.3 mi Public 6-8 C-
P.s. 159 Isaac Pitkin School 0.4 mi Public KG-5 C+
Transit Tech Career And Technical Education High School 0.4 mi Public 9-12 D+
Ps 938 0.4 mi Public PK-KG
P.s. 64 Joseph P. Addabbo School 0.6 mi Public KG-5 C+
P.s. 7 Abraham Lincoln School 0.6 mi Public KG-5 C-
P.s. 65 Brooklyn 0.7 mi Public KG-5 A
P.s. 345 Patrolman Robert Bolden School 0.7 mi Public KG-5 C+
East Brooklyn Ascend Charter School (ebacs) 0.7 mi Public KG-1
School For Classics High School 0.8 mi Public 9-12 D
Brooklyn Scholars Charter School 0.8 mi Public KG-8 B
Urban Assembly School For Collaborative Healthcare (the) 0.8 mi Public 9-12 D+
Cypress Hills Collegiate Preparatory School 0.8 mi Public 9-12 C-
Multicultural High School 0.8 mi Public 9-12 D+
Academy Of Innovative Technology 0.8 mi Public 9-12 C
Brooklyn Lab School 0.8 mi Public 9-12 C-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Brooklyn, NY 11208

Median Age: 35.8
Married: 37%
Number of Households: 30,908
Households with Children: 42.6%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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