Updated a month ago
Off Market
347 Lincoln Road
Brooklyn | Rogers Ave & Nostrand Ave
24 Rooms16 Beds8 Baths9,600 Square FeetIncome Property
$2,300,000
floors / apts4 / 8
Lot Size38'9"x102'6"
Built Size32'x75'
ZoneR6
Building TypeLow-Rise
RE Taxes$24,022
Price Per SF
$240
Listing Features
- Original Details
Building Amenities
- Voice Intercom
Property Description for 347 Lincoln Road
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.
Listing History for 347 Lincoln Road
Now
07/21/2026
POM by Cheryl Rosenthal
Realty Trends Corp
05/21/2026
$2,300,000 [-$150,000] [6.1%]
Price Drop by Cheryl Rosenthal
Realty Trends Corp
Building Details for 347 Lincoln Road
OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1909
Floors/Apts4/8
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: 105995TH
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