“The Crown” – A Premier Investment Opportunity in Crown Heights Nestled in the vibrant heart of Crown Heights, “The Crown” is an extraordinary pre-war, 20-unit building that seamlessly blends classic charm with modern updates. Situated on a 52x100 lot with a total interior square footage of 14,457 sq. ft., the property offers ample space and functionality, making it a rare gem in the neighborhood. Zoned R7A with a C2-4 commercial overlay, it presents significant potential for future development or mixed-use possibilities. This building features a mix of 6 free-market units and rent-stabilized apartments, with each unit offering breathtaking rooftop skyline views of the city. Designed with accessibility and convenience in mind, it boasts handicap accessibility, exceptional cleanliness, and a prime location near public transportation, diverse dining options, and health-focused supermarkets. Located just 20 minutes from Manhattan, “The Crown” is ideally positioned to attract both residents and investors. The property currently generates a 6% rent cap, providing a stable and attractive rental income stream. Whether you’re seeking an income-producing asset or exploring the potential for further development, “The Crown” is a rare and unparalleled investment opportunity in one of Brooklyn’s most dynamic neighborhoods.

Listing courtesy of Exit Realty First Choice slrnyc5@gmail.com


Based on information submitted to the MLS GRID as of 2025-01-30 09:43 AM EST. 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.