1045 Sterling Pl
1045 Sterling Pl, Brooklyn, NY 11213
Investment Highlights
• The property is located on the north side of Sterling Place, a beautiful landmark block between Brooklyn & Kingston Avenues
• Strong cash flow and performance from healthy occupancy with room for growth
• An opportunity to acquire a 50-foot wide, four-story walk up, 17-unit building with 9 modernized free market units
• The unit mix consists of ten 3 (three) bedroom units & seven 2 (two) bedroom units (three of the units are duplexed with over 1000 SF of backyard space)
• The building has gone through extensive repairs and upgrades consisting of the installation of a new boiler, surveillance camera system and intercom system with key fob access as well as an oil to gas conversion
• Convenient transportation options as the property is located a couple of blocks from the 3, A, & C Trains, and the B43 Bus stop is just around the corner
• Short walk to trendy restaurants, cafes, bars, art galleries, boutique shops, museums, Brower Park & more
• BID DEADLINE: AUGUST 24TH THURSDAY 6PM 2023
Building Details
- For Sale $4,700,000
- Property Type Multi-Family
- Property Size 17,420 SF
- Units 17
- Lot Size 5,750 SF
- Additional Rent Price on request
- # of Floors 4
- Year Built 1910
- Date Updated Jun 18, 2025
Reach out to the broker for more info on lease terms and amenities
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Contacts
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Location
- City Brooklyn, NY
- Neighborhood Crown Heights
- Zip Code 11213
- Market Brooklyn
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Walk score 87/100 Very Walkable -
Transit score 100/100 Rider's Paradise -
Bike score 94/100 Biker's Paradise
Points of Interest
Kingston Avenue
0.23 miles
Nostrand Avenue Station Entrance
0.43 miles
Kingston–Throop Avenues
0.54 miles
Crown Heights–Utica Avenue
0.72 miles
Franklin Avenue
0.75 miles
Norwood Car & Limo
0.88 miles
Eastern Parkway - Brooklyn Museum
1.06 miles
Eastern Parkway–Brooklyn Museum
1.07 miles
International Car Service
1.13 miles
Bedford–Nostrand Avenues
1.29 miles
Xpress Lane
0.38 miles
BP
0.42 miles
Mobil
0.62 miles
Shell
0.66 miles
Speedy Gas
0.91 miles
Amoco
0.96 miles
Tesla Supercharger
1.01 miles
Revel
1.89 miles
EVgo
2.08 miles
plugNYC
2.08 miles
The Brooklyn Museum and Botanic Garden
1.08 miles
Kings County Parking Garage
1.12 miles
Underhill Garage
1.19 miles
Cielo Garage
1.36 miles
Rapid Park
1.46 miles
Garfield Garage
1.76 miles
Car Park Systems
1.99 miles
Ultra Car Park Systems
2.06 miles
Havens Place Lot
2.12 miles
School bus parking
2.43 miles
Automated Hand Car Wash
0.71 miles
Zap Car Wash & Lube
0.84 miles
Utica Car Wash
0.98 miles
M&M Car Wash & Lube
1.15 miles
Five Star Auto Spa
1.20 miles
U-Haul
1.34 miles
Tropical Breeze Car Wash
1.40 miles
Hertz
1.45 miles
Herz
1.53 miles
Speedy Rent-a-Car
2.12 miles
Jenny #2 Restaurant
0.12 miles
Good Taste
0.12 miles
Cas Restaurant
0.23 miles
Meat
0.26 miles
Cheung Lee
0.27 miles
Grandma's Kitchen
0.27 miles
Albany Deli & Grill
0.30 miles
Soul Food Caterers
0.31 miles
Wang Shack
0.33 miles
Taqueria Milear
0.34 miles
MET
0.33 miles
Key Food Urban Market
0.35 miles
Shop Fair Supermarket
0.41 miles
Wholesome Farms Market
0.50 miles
Super Foodtown Of Bed-Stuy
0.53 miles
Union Market
0.58 miles
Bravo
0.62 miles
Fine Fare
0.63 miles
Ideal Food Basket
0.66 miles
Food Garden Market
0.71 miles
Rite Aid
0.10 miles
Albany Pharmacy
0.29 miles
Complete Care Pharmacy
0.32 miles
M&F Pharmacy
0.35 miles
Rubin Chemist
0.38 miles
New York Rescue Company 2
0.50 miles
Rite Choice Pharmacy
0.53 miles
County Pharmacy
0.54 miles
Interfaith Medical Center
0.56 miles
New York Engine Company 234
0.56 miles
Listing Summary
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Property Financials 1045 Sterling Pl is currently listed for sale at $4,700,000 for a price per square foot of $269.8.
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Property Details 1045 Sterling Pl totals 17,420 square feet of Multi-Family space across 4 floors on a lot spanning 5,750 square feet. The property was initially built in 1910.
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Area Characteristics 1045 Sterling Pl is located in the Crown Heights neighborhood.
In terms of ease of commuting, the area has a walk score of 87, indicating that it is very walkable.
