#RLS11029899, Jack LeGuelaff, Listing Office: Compass

1661 Sterling Place New York City, NY 11233
Property details
About 1661 Sterling Place
Stunning Fully Renovated Four-Family Gem in Crown Heights<br> <br> Welcome to 1661 Sterling Place, an exceptional investment opportunity in the heart of Crown Heights. This massive 20.5 x 80ft fully leased building rests on an oversized 25 x 127.75ft lot, offering ample space and incredible potential. With 4,500 sqft of unused FAR, the possibilities are endless for future expansion or customization.<br> <br> Property Highlights:<br> <br> - Prime Location: Nestled in the vibrant neighborhood of Crown Heights, this property is conveniently located near shops, restaurants, parks, and transportation options, ensuring an excellent quality of life for tenants.<br> - Massive Building: The 20.5 x 80ft building boasts spacious interiors, providing comfortable living spaces for all residents.<br> - Generous Lot Size: The oversized 25 x 127.75ft lot allows for potential outdoor amenities or additional development.<br> - Lucrative FAR: With 4,500 sqft of unused Floor Area Ratio, you have the opportunity to maximize your investment with future expansion, additional units, or amenities.<br> - Fully Leased: All four units are currently leased, guaranteeing immediate income and a hassle-free investment.<br> - Unit Configuration: This property offers three spacious two-bedroom units and one three-bedroom unit, catering to various tenant needs.<br> - Basement Amenities: The basement provides convenient storage for all apartments and features a common laundry area, enhancing tenant satisfaction and reducing operating costs.<br> <br> Investor's Dream:<br> 1661 Sterling Place offers a fantastic investment opportunity in a sought-after Brooklyn neighborhood. Whether you're looking to expand, generate rental income, or secure your financial future, this property presents endless possibilities. Don't miss your chance to own this fully renovated, fully leased, four-family gem with significant unused FAR. Act fast, as properties like this are rarely available in today's market.<br> Contact us today to schedule a viewing and explore the potential of 1661 Sterling Place!<br>
Highlights
Summary
- Full Bathrooms: 4
- Basement: No
- Interior: Smoke Free
- Total Bedroom Count: 9
- View: Other
- Exterior: PrivateOutdoorSpaceUnder60Sqft
- Cooling: Ductless
- List Price: $1,795,000
- Year Built: 1924
- MLS Number: RLS20020886
- MLS Name: RLS
- Office Name: Corcoran Group
- Office Phone: (212) 355-3550
- Listing Agent: Daniel Cohen
- Agent Phone: (862) 823-2674
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Last updated on: 5/5/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,795,000
1661 Sterling Place
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Price information
Property sales
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Tax history
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Nearby schools
6
P.S. 191 Paul Robeson School
Public District KG-5
0.0 mi
•1600 Park Pl
6
Dr. Jacqueline Peek-Davis School
Public District PK-5
0.2 mi
•430 Howard Ave
2
P.S. 335 Granville T. Woods School
Public District KG-5
0.3 mi
•130 Rochester Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,115. Residents of New York City, NY typically earn less than $<35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 1661 Sterling Place in New York City, NY and zip code 11233 in the Central Brooklyn neighborhood. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 3, 2025 and is currently priced at $1,795,000.
In April 2025 more than 210 listings in New York City, NY were sold above the asking price. During the same period more than 792 listings were sold at asking price, while more than 652 were sold below. Between March and April 2025, New York City, NY real estate market has seen increase in the number of listings by 1.7%. In April 2025 median list price was $870,078 and the average listing age was 131 days.