347 Lincoln

347 Lincoln, Brooklyn, NY 11225

Property Information

  • For Sale $2,300,000
  • Property Type Multi-Family
  • Property Size 2,400 SF
  • Units 4
  • Lot Size 0.09 Acre
  • Cap Rate % 0.06
  • Rental Income / YR $1,128,998.00
  • NOI / YR $142,414.00
  • Taxes / YR $24,022.00
  • Year Built 1909
  • Date Updated Oct 28, 2026

Description

Welcome to 347 Lincoln Road in Beautiful Prospect Heights Brooklyn. This Stunning 8 Family home is ideal for anyone looking to keep a rental property or Live in one of the amazing units and let your rent roll pay your mortgage . This Amazing Trendy location is close to beautiful prospect park, Shops and trendy bars and restaurants. Currently the rent-roll is 197,000 yearly and after the expenses the NOI is about 147,000 yearly . Giving you a cap rate of 7.30% This amazing property has wonderful original details . Currently there are 4 units vacant which makes it ideal to either live in the property combine units for larger living space or possibly rent it as you see fit.

Contacts

Location

Located at 347 Lincoln, Brooklyn, NY 11225, this property is part of the Prospect Heights neighborhood and Brooklyn market.

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