950 Bergen Street Brooklyn, NY 11216
Single Family Attached
MLS #: 815381
Courtesy Of keram inc
Property InformationDescription
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.
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.
Features
- Age: Over 50 Years Old
- Amenities: Security System
- Appliance: Freezer
- Appliance: Cooktop - Gas
- Appliance: Dishwasher
- Appliance: Cooktop
- Appliance: Oven - Convection
- Appliance: Microwave
- Appliance: Oven - Gas
- Appliance: Dryer
- Appliance: Washer
- Architecture Style: Other
- Building Units: 20
- Floor Covering: Tile
- Floor Covering: Concrete
- Floor Covering: Tile - Ceramic
- MLSID: 815381
- Rooms: Basement
- View Type: City
MAP & DIRECTIONS
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