2 months on rocket

978 Lincoln Pl, Brooklyn, NY, 11213

$1,320,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths
2,048 SqFt
$645/SqFt
Multi
Schools Nearby

Location

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978 Lincoln Pl, Brooklyn$1,320,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, Street
Year Built1910
HeatingOther
CoolingNone
BasementYes
FireplaceNone
MLS #479902
StatusActive

About 978 Lincoln Pl

This spacious 2 family property, boasting approx 2,048 sq. ft. presents a rare investment opportunity in the vibrant neighborhood of Crown Heights, Brooklyn. This property is being sold in as is condition with occupants with no representation of plumbing, heating and electric to be in working order, or roof to be free and clear of leaks.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 2,048 SqFt

Listing Office:

  • Office Name: BHHS Fillmore R.E.

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Other
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: None, Street

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,320,000
  • Price Per SqFt: $645/SqFt

Tax Information:

  • Annual Amount: $5,759
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

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Brooklyn, NY

City

Med. Sold Price

$957.3K

Med. Price/SqFt

$683

Avg. Days On Market

97

# of Sold Homes

370

978 Lincoln Pl vs Brooklyn

72 DAYS ON ROCKET

-25 Days

$1,320,000

+$362.6K More

$645/SqFt

-$39 Less

KEY TAKEAWAY

This property is $362.6K more than the Median Sold Price and $39/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #479902

Listing Office:

  • Office Name: BHHS Fillmore R.E.

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
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: 4/27/2024, 6:25:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 29, 2007Home Sold
$238,500

Tax History

YEARPROP. TAXASSESSMENT
2020$5,759$69,060
2019$5,759$69,060
2018$4,903$24,218
2017$4,804$24,052

History based on county public records data.

Payment Calculator

$6,656

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,024

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1061273
7
/10

  • PS 289 George V Brower

  • 900 Saint Marks Ave

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-1061274
8
/10

  • Success Academy Charter School-Prospect Heights

  • 801 Park Pl

  • 0.43 miles

  • Public Charter Grades KG-1

school-card-donut-1061275
6
/10

  • New Bridges Elementary School

  • 1025 Eastern Pkwy

  • 0.52 miles

  • Public District Grades PK-2

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,276. Typical income of Brooklyn, NY residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11213›978 Lincoln Pl

This home is located at 978 Lincoln Pl in Brooklyn, NY and zip code 11213 in the Central Brooklyn neighborhood. This 2,048 square foot home was built in 1910. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $1,320,000.

Over 39 listings were sold over their listed price in March 2024 in Brooklyn, NY. In the same period over 151 listings were sold below the listed price and 179 listings were sold for the listed price. The number of listings in Brooklyn, NY increased by 0.8% between February 2024 and March 2024. In March 2024, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $957,365.

From Rocket Homes Real Estate and based on county public records data.

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