$2,799,000
Updated 4 years ago
Off Market

762 Classon Ave

Crown Heights, Brooklyn | Saint Johns Place & Sterling Place

5,332 Square FeetMixed Use

$2,799,000
floors / apts4 / 7
Building TypeLow-Rise
RE Taxes$11,546
Price Per SF
$525

Building Amenities

  • Voice Intercom

Property Description for 762 Classon Ave

Prime Mixed-use attached solid Brick beauty for SALE in the thriving Prospect Heights area. This building consist of 7 apartments and 1 store fully occupied with no lease's, ( 5 apartments fully renovated and no rent control). The set-up is (5) one bedrooms & (2)studio's with a commercial retail on ground level with a gross yearly income of $ 143,486.00 and the N.O.I. $ 113,812.00 yearly. This building is in excellent condition with a new rubber roof, Brand new gas boiler, hot-water tank and also new electrical wiring and panels. The Property is GEM and will not last long....

Listing History for 762 Classon Ave

Now
04/14/2022
POM by Kevin Stile
Bergen Basin Realty
02/25/2022
$2,799,000
Initial Price by Kevin Stile
Bergen Basin Realty

Building Details for 762 Classon Ave

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/7
Learn More About the Building

Contact Agent

Contact Agent

Licensed As
Kevin Stile
Associate Broker
License#:
30ST0894287
Company:
Bergen Basin Realty
Kevin Stile
Bergen Basin Realty

Crown Heights | Brooklyn

Quick Profile

Originally known as Crown Hill by the Lenape Indians that lived there, Crown Heights has evolved into a diverse neighborhood, occupied primarily by Hasidic Jews and one of the largest Caribbean populations to be found anywhere outside of the West Indies. 

Head over to Nostrand Avenue, one of the main West Indian commercial areas in the neighborhood, which is lined with stores that have been in those exact same places for generations, providing their goods and services to area residents. Kingston Avenue has similar commercial activities that support the Jewish community, and Franklin Avenue shows the most signs of change and gentrification, with an ever-expanding mix of yoga studios, coffee shops, and organic grocery stores that serve the influx of young professionals. No matter which of these areas you visit, you will find an interesting mix of businesses that you wouldn’t normally picture as existing side-by-side. It is all part of the cultural diversity of Crown Heights.

The neighborhood is bisected, from east to west, by Eastern Parkway, which is a beautiful, 3-mile-long boulevard lined with mature trees. This leafy oasis was designed by Frederick Law Olmsted, famed designer of Central Park, the Biltmore Estate in North Carolina, and the U. S. Capitol in Washington, D. C.

You will find a mix of low-rise apartment buildings, large middle-class elevator buildings, brownstones, and some luxury buildings. Century-old architecture stands next to modern residential developments in a visually interesting mix of styles, much as the diversity of the residents exists. People who would not normally meet and mix are forging new pathways to cultural understanding by working, living, and playing together in the same neighborhood.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 83438TH