For Sale
$1,750,000

1376 St Johns Pl Brooklyn, NY 11213

Prime Brooklyn development opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional mixed-use property at 1376 St. Johns Place in Crown Heights, Brooklyn, presents a compelling investment opportunity for discerning buyers. Priced at $1,750,000, this 5,370 square foot building boasts two units across two stories, built in 1920. The property's R6 and C1-3 zoning allows for significant development potential, whether expanding the existing structure or reconfiguring the current layout to maximize its value. Its strategic location, just blocks from Utica Avenue, provides unparalleled access to public transportation, including the 3 and 4 subway lines and numerous bus routes, ensuring seamless connectivity to the rest of Brooklyn and Manhattan. This prime location within a thriving neighborhood offers investors and developers the chance to capitalize on Crown Heights' upward growth trajectory. The building's 5,370 square feet translates to a price per square foot of $325.88, representing a strong value proposition in this desirable area. This is a rare chance to acquire a substantial property in a rapidly developing Brooklyn neighborhood, offering a blend of immediate income potential and long-term growth prospects. The property's existing structure provides a solid foundation for various development scenarios, allowing for creative design modifications and expansion to fully realize its potential. Don't miss this chance to secure a piece of Brooklyn's vibrant real estate market.

Highlights

  • Exceptional mixed-use investment opportunity in Crown Heights, Brooklyn.
  • $1,750,000 asking price for a 5,370 sq ft building.
  • Two-unit, two-story building built in 1920.
  • R6 and C1-3 zoning allows for significant development potential.
  • Prime location near Utica Avenue with excellent public transportation access (3, 4 trains & buses).
  • $325.88 price per square foot.

Property Details for 1376 St Johns Pl

Property type
Mixed-use properties
Square Feet
5,370 SF
Year Built
1920
Buildings
1
Stories
2
Units
2

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6703648
Longitude
-73.9327215

FAQs

What type of property is this?
Mixed-use property - Prime Brooklyn development opportunity.
Where is the mixed-use property located?
The property is located at 1376 St Johns Pl Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity in Crown Heights, Brooklyn.; $1,750,000 asking price for a 5,370 sq ft building.; Two-unit, two-story building built in 1920.
How can I contact the broker?
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1376 St Johns Pl
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