For sale

Price cut: $150K (5/21)

$2,300,000

347 Lincoln Rd, Brooklyn, NY 11225

16beds

9,600sqft

Multi Family

Built in 1909

-- sqft lot

$2,170,900 Zestimate^®

$240/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.

52 days

322

7

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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: $240/sqft
Annual tax amount: $24,022
Date on market: 5/1/2026
Cumulative days on market: 53 days
Total actual rent: 1128998

Estimated market value

$2,170,900

$2.06M - $2.28M

$4,882/mo

Price history

Date	Event	Price
5/21/2026	Price change	$2,300,000-6.1%$240/sqft
Source: BNYMLS #501050 Report a problem
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$1,822

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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