1 month on rocket

547 Lincoln Pl, Brooklyn, NY, 11238

$9,000,000

114 Bedrooms
54 Full Baths
64,965 SqFt
$139/SqFt
Multi

Location

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Property Highlights

Home TypeMulti Family
ParkingNone, Street
Year Built1911
HeatingSteam, Natural Gas
CoolingWindow Unit(s)
BasementYes
MLS #486939
StatusActive

About 547 Lincoln Pl

Located in the heart of Crown Heights, this modern building features 54 fully renovated apartments. Renovations were completed 10 years ago, including upgrades to the electrical system, boiler, rubber roofing, and exterior pointing. Additionally, the building boasts a well-maintained laundry room and is in excellent overall condition. With a solid foundation and contemporary features, this property represents a fantastic investment opportunity in a thriving neighborhood. Don't miss out on this rare chance to own a prime piece of real estate in Crown Heights. Serious inquiries only, as per seller proof of funds required to view property.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1911
  • Stories: 4
  • Living Area: 64,965 SqFt

Listing Office:

  • Office Name: BHHS Fillmore R.E.

Interior Features

Interior Information:

  • Appliances: Disposal
  • Basement: Yes
  • Flooring Type: Hardwood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 54
  • Total Bedroom Count: 114

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None, Street

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,000,000
  • Price Per SqFt: $139/SqFt
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

Med. Sold Price

$984.4K

Med. Price/SqFt

$696

Avg. Days On Market

97

# of Sold Homes

436

547 Lincoln Pl vs Brooklyn

31 DAYS ON ROCKET

-66 Days

$9,000,000

+$8.0M More

$139/SqFt

-$558 Less

KEY TAKEAWAY

This property is $8.0M more than the Median Sold Price and $558/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #486939

Listing Office:

  • Office Name: BHHS Fillmore R.E.

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/22/2024, 6:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$44.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$27K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-538127
8
/10
  • P.S. 316 Elijah Stroud School

  • 750 Classon Ave

  • 0.22 miles

  • Public District Grades KG-6

school-card-donut-538128
7
/10
  • P.S. 241 Emma L. Johnston School

  • 976 President St

  • 0.25 miles

  • Public District Grades KG-5

school-card-donut-538129
4
/10
  • Brooklyn Arts and Science Elementary School

  • 443 Saint Marks Ave

  • 0.36 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,703. Typical income of Brooklyn, NY residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

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Rocket HomesNew YorkKings CountyBrooklyn11238547 Lincoln Pl

This home is located at 547 Lincoln Pl in Brooklyn, NY and zip code 11238 in the Central Brooklyn neighborhood. This 64,965 square foot home was built in 1911. Features: 114 bedrooms, 54 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $9,000,000.

Brooklyn, NY housing market in October 2024 saw over 50 listings sold above listed price, more than 217 sold at listed price and over 169 sold below. The inventory of homes for sale in Brooklyn, NY between September 2024 and October 2024 increased by 0.1%. In October 2024 median list price was $984,431 and the average listing age was 97 days.

From Rocket Homes Real Estate and based on county public records data.

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