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1262 Sterling, Brooklyn, NY 11213
$1,988,000
1262 Sterling, Brooklyn, NY 11213View this property at 1262 Sterling, Brooklyn, NY 11213
1262 SterlingBrooklynNY11213
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Property Description
Calling All Investors, Developers, & End-Users!!! Brand New 100% Occupied 3 Unit Free Market Apartment Building In Crown Heights For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong R6/C1-3 Zoning, 6 Parking Spaces, High 8' Ceilings, Separate Meters, Gated Yard, Low Property Taxes, Motion Sensor Lights, All New LED Lighting, 200 Amp Power, A/C, +++!!! The Property Is Located In The Heart Of Crown Heights 2 Blocks From Eastern Parkway!!! The Property Was Fully Renovated In 2023!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children's Museum & The Prospect Park Zoo!!! Neighbors Include USPS, UPS, The Home Depot, Dunkin', CubeSmart Self Storage, Walgreens, AutoZone, Bank Of America, Planet Fitness, Blink Fitness, GameStop, Baskin-Robbins, Mobil, McDonald's, Mavis Discount Tire, Family Dollar, Wendy's, White Castle, IHOP, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Unit 1 (3Br. Apt.): $38,400 Ann. Lease Exp.: 9/1/24. Unit 2 (2 Br. Apt.): $30,000 Ann. Lease Exp.: 7/1/24. Unit 3 (2 Br. Apt.): $30,000 Ann. Lease Exp.: 7/1/24. Gross Income: $98,400 Ann. Expenses: Gas: $0 (Electric Only) Electric: $360 Ann. (Hallway Only) Water + Sewer: $1,250 Ann. Insurance: $2,500 Ann. Taxes: $3,841.68 Ann. Total Expenses: $7,951.68 Ann. Net Operating Income (NOI): $90,448.32 Ann.
Full Property Details
Full Property Details for 1262 Sterling
General
- Price: $1,988,000
- Taxes: $3,842
- Status: Active
- Type: Single Family
- MLS ID: 3529313
- Updated: 2/2/2024
- Added to Site: 134 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Parking
- Parking Features: Off Site
Location
- County: Brooklyn
- Township: Brooklyn
- Cross Streets: Trpy Avenue
- Driving Directions: Troy Avenue To Sterling
School Information
- Elem School District: Brooklyn 13
- Midd School District: Brooklyn 13
- High School District: Brooklyn 13
- Middle School: Dock Street School
- High School: Brooklyn Academy High School
Heating & Cooling
- Air Conditioning: Yes
- Heating Type: Electric, Hot Water
- Heating Zones: 3
- Water Heater: None
Utilities
- Sewer: Sewer
- Water: Public
Structural Information
- Architectural Style: Duplex
- Detached/Attached: Detached
- Construction: Frame
- Basement Desc.: None
- Common Walls: No Common Walls
- Year Built: 1899
- Property Condition: Good
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 1,990
- Lot Size Source: Other
- Lot Dimensions: 18 x 110.58
Financial Considerations
- Tax Amount: $3,842
Disclosures and Reports
- Buyer’s Brokerage Compensation: 0.5%
- Property ID: 01376-0041
- Block: 1376
- Lot Number: 41
Listed by All Island Estates Realty Corp
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Schools
Schools serving 1262 Sterling
School District:New York City Geographic District #17
Rating | Name | Grades | Distance |
---|---|---|---|
1025 Eastern Pkwy, Brooklyn, NY 11213 | PK-5 | 0.2 mi | |
1224 Park Pl, Brooklyn, NY 11213 | 6-8 | 0 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1262 Sterling
Date
Details
Price
Change
Source
2/02/2024
Listed
$1,988,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1262 Sterling
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,799
1%
$73,320
22%
2022
$3,754
-49%
$60,000
8%
2021
$7,343
99%
$55,800
-1%
2020
$3,690
6%
$56,460
-5%
2019
$3,488
11%
$59,220
276%
2017
$3,140
—
$15,763
2%
2017
$3,140
8%
$15,405
6%
2016
$2,906
2%
$14,538
—
2015
$2,841
8%
$14,529
6%
2015
$2,631
13%
$13,732
5%
2013
$2,337
—
$13,136
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1262 Sterling
1262 Sterling, Brooklyn, NY 11213 (MLS# 3529313) is a Single Family property with 7 bedrooms and 3 full bathrooms. 1262 Sterling is currently listed for $1,988,000 and was received on February 02, 2024. Want to learn more about 1262 Sterling? Do you have questions about finding other Single Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.