The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

14 Lincoln place, Unit multifami

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14 Lincoln Place Fully Renovated 8-Unit Limestone | Park Slope

Charney Brokerage presents 14 Lincoln Place, a 28-foot-wide bow-front limestone on a tree-lined block between Fifth and Sixth Avenues in prime Park Slope.

The building

– 8,960 SF across 4 floors + full basement
– Built 1920, fully renovated
– 28 ft 100 ft lot (2,800 SF) | R6B zoning | Block/Lot 950/12
– Building Class C1 | Tax Class 2B

Unit mix 8 oversized 2-bedrooms

– 4 free-market 2BR/2BA (condo-grade finishes: Caesarstone counters, custom millwork, stainless appliances, in-unit washer/dryers)
– 3 rent-stabilized 2BR/1BA
– 1 rent-controlled 2BR/1BA substantial mark-to-market upside on vacancy

Investment highlights

– 6% pro-forma cap
– $597/SF gross | $668,750/unit
– Ask for full set-up

Location

– Tree-lined block, blocks from the Fifth Avenue retail corridor
– Under half a mile to Atlantic Terminal / Barclays nine subway lines plus LIRR

Materially larger than comparable 8-unit trades in the area. Full offering memorandum with financials, rent roll, and comps available on request.

Contact the Charney Brokerage team for the full OM, financials, and to schedule a tour.
All information is from sources deemed reliable but not guaranteed and is subject to errors, omissions, change, or withdrawal without notice.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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