14 Lincoln Place, Brooklyn, NY 11217

28' Wide 8 Family Limestone Building in Park Slope - 8,960 SF

Welcome to 14 Lincoln Place, a desirable and rare 28 FOOT WIDE 8 FAMILY LIMESTONE building with approximately 9,000 SF, located just off the 5th Avenue retail corridor between 5th Ave and 6th Ave in Park Slope. There are 4 Free-Market units, 3 Rent-Stabilized units and 1 Rent-Controlled unit. The FM units are beautifully renovated with 2 bedrooms/2 bath's including high end appliances, condo finishes and in-unit washer/dryers. These units are achieving up to $4,250 monthly and average $49/SF. The RS units are all 2 bedroom/1 bath and average $1,891 or $16/SF in a building where FM units are achieving up to $52/SF. There is tremendous upside with the RC unit paying just $370 monthly. All common areas have been recently upgraded including new paint, fixtures and over $60,000 in repairs. The roof was recently re-flashed and sidewalk repairs were completed. The building is located a short walk from either the Union Street R Subway or the B and Q Subway at 7th Avenue.