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.
Property Details
Price:
$2,450,000
MLS #:
501050
Status:
Active
Beds:
16
Baths:
8
Type:
Multi Family
Subtype:
Multi-Family
Borough:
Brooklyn
Neighborhood:
flatbush
Listed Date:
May 1, 2026
Finished Sq Ft:
9,600
Year Built:
1909
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address347 Lincoln Road Brooklyn NY
- NeighborhoodFlatbush
- CityBrooklyn
- CountyKings (Brooklyn)
- Zip Code11225
Market Summary
Current real estate data for Multi Family in Brooklyn as of May 01, 2026
717
Multi Family Listed
114
Avg DOM
717
Avg $ / SqFt
$1,771,526
Avg List Price
Property Summary
- 347 Lincoln Road Brooklyn NY is a Multi Family for sale in Brooklyn, NY, 11225. It is listed for $2,450,000
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