Buy with Yoreevo
$6,517,000
List Price: $6,650,000
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950 Bergen Street
House in Crown Heights •  building info
studio • 5,200ft² $1,279 per ft²
Buy with Yoreevo

$6,517,000

List Price

$6,650,000

Key Details
Days on market
207
Last price change
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Estimated payment
$40,736/mo
Taxes
$2,907/mo
Maintenance
N/A
Description
“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.

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Important Stuff
Washer/Dryer in unit
Home features
Dishwasher
Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$6,650,000
Asking Price: $6,650,000
Term
30 Years
Down Payment
$665,000 (10%)
Min: 10% (665,000)
Rate
6.5 %
Mortgage Amount
$5,985,000
Mortgage Payment
$37,829
Taxes
$2,907
Estimated Yoreevo rebate
$133,000
Estimated closing cost
$299,000
Total monthly cost $40,736
Buy your dream home with us and get an estimated $133,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Exit Realty First Choice

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