Price Reduced 20.00%

$1,200,000 ($625.00 per sqft)

Est. Mortgage $5,833/mo *

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Price History

$1,500,000
11/5/2024

$1,200,000
11/6/2024

1601 Saint Johns, Brooklyn, (Crown Heights), NY, 11233

1601 Saint Johns, Brooklyn, (Crown Heights), NY, 11233
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11 rooms

3 beds

2 Full baths

1920

Two Story

1,920 sqft

Prime Mixed-Use Opportunity in the Heart of Crown Heights, Brooklyn Unlock the potential of this versatile, mixed-use property nestled in the vibrant Crown Heights neighborhood, one of Brooklyn's most sought-after areas for growth and development. This building features a well-maintained ground-floor commercial space, perfect for a retail store, caf?, or office, with excellent street visibility and foot traffic. Above, a spacious, sunlit 3-bedroom, 1-bath apartment offers comfortable living with ample room for live/work setups or for great rental income. Expansive Development Potential With over 3,000 square feet of unused air rights, this property offers a rare chance to expand or redevelop, presenting a lucrative opportunity for investors and developers alike. Imagine adding additional units, expanding the commercial footprint, or creating a mixed-use complex that takes full advantage of Crown Heights' steady rise in demand. Prime Location Located amidst thriving businesses, parks, and easy subway access, this property promises to attract both commercial tenants and renters seeking the convenience and charm of Brooklyn living. Don't miss the chance to secure an investment that not only offers immediate rental income but also the potential for significant growth in a booming Brooklyn market. Seize the Opportunity Whether you're looking to own a piece of Crown Heights or seeking your next great development project, this property combines income potential with the flexibility to grow and evolve with the area's dynamic landscape.

Status:

Active

Town:

Brooklyn

Type:

Single-family residential

Heating:

Natural Gas, Hot Water

Cooling:

None

Basement:

Full

Acreage:

0.05

Est. Taxes:

$2,741

Construction

Brick

Lot Description:

Near Public Transit

Elementary School:

Ps 178 Saint Clair Mckelway

Middle School:

Ps 165 Ida Posner

High School:

Metropolitan Diploma Plus High Sch

School District:

Community District 23

MLS #:

3589526

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Peace of Mind Realty 347-221-0100