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934 Sterling Pl
Brooklyn, NY 11216 Crown Heights

$1,750,000 USD

Apartments For Sale  •  7,516 SF

Property Details

• Property Type Apartments
• Total Building Size 7,516 SF
• Lot Size 0.05 AC
• Building Class C
• Year Built 1905
• Cap Rate 7.40 %
• Zoning R6

100 Transit Score

97 Walk Score

Highlights

The building is 22.75 x 90 with windows across all sides.

1 Free market unit, 4 of 8 units have preferential rents providing future upside upon units

Financial Summary (Proforma)

Net Operating Income: $127,991 USD (2024)

Cap Rate:	7.40 %
Total Expenses:	$45,741 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road)	3 min	9 min	0.5 mi
Atlantic Terminal (Babylon Branch - Long Island Rail Road, City Terminal Zone - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road)	6 min	-	1.9 mi
Transit/Subway	Drive	Walk	Distance
Nostrand Avenue (3,4 Line) (3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway))	1 min	6 min	0.3 mi
President Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway))	1 min	8 min	0.4 mi
Kingston Avenue (3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway))	2 min	9 min	0.5 mi
Park Place (S Line) (Franklin Avenue Shuttle - New York MTA Subway (The Subway))	3 min	12 min	0.6 mi
Franklin Avenue (2,3,4,5 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway))	2 min	12 min	0.7 mi
Airport	Drive	Walk	Distance
Laguardia	22 min	-	10.9 mi
John F Kennedy International	21 min	-	11.8 mi
Newark Liberty International	31 min	-	17.2 mi