#494153, Listing office: Exit All Seasons Realty

1661 Sterling Place New York City, NY 11233
Property details
About 1661 Sterling Place
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: Private Outdoor Space Under 60 Sqft
- 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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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/16/2025, 5:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
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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. Typical income of New York City, NY residents is less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 1661 Sterling Place
The listing price of 1661 Sterling Place property is $1,795,000.
The property 1661 Sterling Place is a multi located in New York City, New York, 11233.
Active Listing: 1661 Sterling Place is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1661 Sterling Place are: P.S. 191 Paul Robeson School (GreatSchools Rating 6/10), Dr. Jacqueline Peek-Davis School (GreatSchools Rating 6/10), P.S. 335 Granville T. Woods School (GreatSchools Rating 2/10), Ronald Edmonds Learning Center II (GreatSchools Rating 6/10), Middle School 394 (GreatSchools Rating 4/10), Explore Empower Charter School (GreatSchools Rating 6/10), New Visions Aim Charter High School I (GreatSchools Rating 1/10), Brownsville Academy High School (GreatSchools Rating 2/10), Achievement First Brownsville Charter School (GreatSchools Rating 6/10).
The year of construction for 1661 Sterling Place is 1924.
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 June 2025 more than 232 listings in New York City, NY were sold above the asking price. During the same period more than 1007 listings were sold at asking price, while more than 715 were sold below. The inventory of homes for sale in New York City, NY between May and June 2025 decreased by 4.3%. In June 2025 median list price was $881,252 and the average listing age was 99 days.