1 month on rocket

367 Lincoln Ave, East New York, NY, 11208

$850,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
Multi
Schools Nearby

Location

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367 Lincoln Ave, New York$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1920
HeatingNatural Gas, Forced Air
CoolingWindow Unit(s)
BasementYes
MLS #3546086
Lot Size0.05 Acres
StatusActive
(A)

About 367 Lincoln Ave

Prime Location: Nestled in a desirable Brooklyn neighborhood, this property enjoys proximity to the bustling city life. Conveniently situated near public transportation, parks, schools, and a variety of dining and shopping options. Income Potential: This approximately 3200 building size multi-family property boasts well-maintained and spacious units, making it an excellent income-generating asset. Whether you're an investor looking to expand your portfolio or a homeowner seeking to offset your mortgage, this property has endless potential. Outdoor Space: Experience outdoor living in the heart of the city with a front patio and backyard. Perfect for relaxation or entertaining, this feature adds significant value to the property. Renovation Potential: For those with a vision, this property provides the opportunity to update and customize each unit to your liking. Create modern living spaces that will attract high-quality tenants and maximize income. Strong Market: Brooklyn continues to be one of New York City's hottest markets, making this property a sound investment with long-term growth potential. Flexibility: The property's layout has flexibility in terms of use. Whether you're interested in renting out all units, living in one while renting out the others, or converting the property into a spacious single-family home, the choice is yours. Don't miss out on this incredible opportunity to own a multi-family property in the heart of Brooklyn. Checkout and explore the potential that this property has to offer. Brooklyn living awaits you!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1920

Listing Office:

  • Office Name: Voro LLC
  • Office Phone: (877) 943-8676

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Marble Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: please you waze or google maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.6K

Med. Price/SqFt

$636

Avg. Days On Market

93

# of Sold Homes

1919

367 Lincoln Ave vs New York

43 DAYS ON ROCKET

-50 Days

$850,000

+$354 More

KEY TAKEAWAY

This property is $354 more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3546086

Listing Office:

  • Office Name: Voro LLC
  • Office Phone: (877) 943-8676

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. 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: 6/2/2024, 11:56:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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-7764853
5
/10
  • PS 159 Isaac Pitkin

  • 2781 Pitkin Ave

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-7764854
6
/10
  • PS 214 Michael Friedsam

  • 2944 Pitkin Ave

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-7764855
5
/10
  • PS 64 Joseph P Addabbo

  • 8201 101st Ave

  • 0.59 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,048. Typical income of New York, NY residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›New York›Kings County›New York›11208›367 Lincoln Ave

This home is located at 367 Lincoln Ave in East New York, NY and zip code 11208 in the City Line neighborhood. This home, which was built in 1920, sits on a 0.05 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 20, 2024 and is currently priced at $850,000.

Over 204 listings were sold over their listed price in May 2024 in New York, NY. In the same period over 871 listings were sold below the listed price and 844 listings were sold for the listed price. The number of listings in New York, NY increased by 2.7% between April 2024 and May 2024. In May 2024 median list price was $849,645 and the average listing age was 93 days.

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

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