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Closed
$2,250,000
Mortgage Calculator
$537
RET
$0
Maint/CC
Multi-family Townhouse
Property Type
Crown Heights
Neighborhood
2,988
Approx. Sq. Ft.
7
Beds
3.5
Baths
About 594 Sterling Place
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Prime opportunity to own a double lot with two parcels at 594 Sterling Place and 1 Sterling Place offering endless possibilities for investors, developers, and owner-occupant/end-users.
594 Sterling Place is an expansive three-family semi-detached townhome situated on a deep 20' x 131' lot between Classon and Franklin Avenues in the desirable neighborhood of Crown Heights. Recently renovated, this property offers the perfect combination of Brooklyn charm and contemporary craftsmanship with the preservation of pre-war details such as original crown molding and unique tin ceilings.
Beneath the lovely redbrick façade lies a spacious owner’s duplex below two full-floor apartments that can be rented out for additional income or combined with the duplex for an expansive single-family home.
The owner's duplex offers three bedrooms and two bathrooms, a windowed galley kitchen equipped with a granite countertop and stainless-steel appliances, private in-unit laundry, and access to the spacious backyard oasis.
The two rental units are two bedrooms and one bathroom with a bonus room. Both have windowed galley kitchens equipped with granite countertops, stainless steel dishwashers, a refrigerator, and a single-oven gas range. Tenants are on a month-to-month lease.
594 Sterling Place offers approximately 2,250 SF of unused FAR for potential expansion and development in the future should you choose.
1 Sterling Place is on an identical 20' x 131' lot situated in an R6B zoning district with unused FAR allowing for 5,240 SF of development.
Both parcels are located in a Qualified Opportunity Zone.
594 Sterling Place and 1 Sterling Place are positioned on a beautiful tree-lined street, moments away from the Brooklyn Museum, Brooklyn Botanic Garden, the Central Library, Grand Army Plaza, Prospect Park, and many local restaurants, bars, cafes, and shops. Nearby transportation includes the 2/3/4/5 subway lines at Franklin Avenue, the S train at Park Place, multiple bus lines, and Citi bike stations.
Also being offered separately at $2.399M for 594 Sterling Place and $1.5M for 1 Sterling Place. Contact listing agents for additional information.
Key Features
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