1284 Sterling Place, New York, NY, 11213, New York, NY, 11213

New York, NY
$1,600,000
📅 Built 1907

Property Description

Crown Heights Mixed-Use Property with Strong Upside Potential Here’s a rare opportunity to acquire a well-positioned four-story mixed-use building in the heart of Crown Heights, Brooklyn. Located just a short distance from the Kingston Avenue and Utica Avenue stations on the 3 train, this property sits within a stable residential neighborhood with convenient access to Eastern Parkway, public transportation, local schools, and community amenities. The building includes seven residential units, each featuring a three-bedroom layout, along with one ground-floor commercial space offering street visibility. The property has been held for an extended period and will benefit from updates throughout, presenting an opportunity to modernize and unlock its full potential. The large unit sizes, solid layout, and flexible configuration provide room for long-term value creation. The commercial space can support a range of uses, depending on the new owner’s vision and updates. This is a strong option for any party looking to acquire and improve a classic Brooklyn asset in a well-connected and good location. With increasing demand throughout Crown Heights and continued neighborhood growth, this property offers the scale, location, and layout to deliver reliable performance over time. Property is being sold as-is.

Property Details

Year Built
1,907
Property Sub Type
Mixed Use
Cooling System
None
Heating System
Hot Water
Public Remarks
Crown Heights Mixed-Use Property with Strong Upside Potential Here’s a rare opportunity to acquire a well-positioned four-story mixed-use building in the heart of Crown Heights, Brooklyn. Located just a short distance from the Kingston Avenue and Utica Avenue stations on the 3 train, this property sits within a stable residential neighborhood with convenient access to Eastern Parkway, public transportation, local schools, and community amenities. The building includes seven residential units, each featuring a three-bedroom layout, along with one ground-floor commercial space offering street visibility. The property has been held for an extended period and will benefit from updates throughout, presenting an opportunity to modernize and unlock its full potential. The large unit sizes, solid layout, and flexible configuration provide room for long-term value creation. The commercial space can support a range of uses, depending on the new owner’s vision and updates. This is a strong option for any party looking to acquire and improve a classic Brooklyn asset in a well-connected and good location. With increasing demand throughout Crown Heights and continued neighborhood growth, this property offers the scale, location, and layout to deliver reliable performance over time. Property is being sold as-is.
New Construction
No
Lot Size (Acres)
0 acres
Lot Size (Square Feet)
2,808
Construction Materials
Brick
Utilities Available
See Remarks
Water Source
Public
Sewer System
Public Sewer
Directions
Google Maps
Waterfront
No
Association
No
Horse Property
No
Private Pool
No

MLS Information

Listed by: Coldwell Banker Reliable R E - Harun Henry
MLS ID: KEY851430
Last Updated: April 26, 2025
Source: onekey2

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Address: 1561 N Central Ave, Valley Stream, NY 11580