329 Sterling St

329 Sterling St, Brooklyn, NY 11225

  • For Sale $13,400,000
  • Property Type Multi-Family
  • Property Size 21,010 SF
  • Lot Size 0.13 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 2016
  • Date Updated May 19, 2021

Marcus & Millichap is pleased to offer the following opportunity located in Prospect Lefferts Gardens. 329 Sterling Street is located between New York Avenue and Nostrand Avenue, just 300 feet from the 2 and 5 trains at Sterling Street. The property consists of 28 apartments recently constructed in 2016.

THE OPPORTUNITY

15 Year Tax Abatement. The property is currently benefiting from a 15-Year 421-A Tax Abatement which ends in 2032. The abatement allows an investor to benefit from rent growth while being protected from large increases in expenses.

The Premier Location: Centered in between two of Brooklyn’s most emerging neighborhoods Crown Heights and Prospect Lefferts Gardens, the neighborhood features plenty of trendy restaurants, cafes, bars and supermarkets, such as Grüit, Alenbi, PLG Coffee House, Brooklyn Artisan Bakehouse and Izzy’s BBQ Smokehouse. Additionally, the property is four blocks from Prospect Park and less than 25 minutes to Manhattan. Other new Developments in the area include Hudson’s 310 Clarkson named the Clark, Hello Living’s 270 Lenox and Monian Capital’s 123 Linden Boulevard, a 26-story building featuring lots of high-end amenities.

Luxury Amenities: 329 Sterling offers a full rooftop with beautiful views, a fitness room, a virtual doorman, a bike rack and parking spaces available in the garage.

High End Finishes: Residences maximize natural sunlight with oversized full wall windows, and feature European white oak flooring, private terraces, Italian Carrera Marble Countertops, stainless steel appliances, and modern designed bathrooms

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Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    80/100 Very Bikeable
Powered by Walk Score ®
  • City Brooklyn, NY
  • Neighborhood Prospect - Lefferts Gardens
  • Zip Code 11225
  • Market Brooklyn

Points of Interest

  • Norwood Car & Limo

    0.26 miles

  • Kingston Avenue

    0.59 miles

  • Franklin Avenue

    0.65 miles

  • Eastern Parkway–Brooklyn Museum

    0.94 miles

  • Eastern Parkway - Brooklyn Museum

    0.94 miles

  • Nostrand Avenue Station Entrance

    1.04 miles

  • Crown Heights–Utica Avenue

    1.07 miles

  • Kingston–Throop Avenues

    1.24 miles

  • International Car Service

    1.29 miles

  • Beverley Road

    1.53 miles

  • Mobil

    0.10 miles

  • BP

    0.21 miles

  • Tesla Supercharger

    0.80 miles

  • Shell

    0.95 miles

  • Speedway

    0.99 miles

  • Amoco

    1.00 miles

  • Xpress Lane

    1.06 miles

  • EVgo

    1.51 miles

  • plugNYC

    1.77 miles

  • Revel

    2.49 miles

  • Kings County Parking Garage

    0.70 miles

  • The Brooklyn Museum and Botanic Garden

    0.89 miles

  • Underhill Garage

    1.27 miles

  • Rapid Park

    1.30 miles

  • Garfield Garage

    1.57 miles

  • Cielo Garage

    1.58 miles

  • Car Park Systems

    1.59 miles

  • Ultra Car Park Systems

    1.67 miles

  • Pathmark

    2.00 miles

  • Havens Place Lot

    2.60 miles

  • The Brooklyn Riviera Hostel

    0.77 miles

  • La Quinta

    1.06 miles

  • Mirage Brooklyn

    1.06 miles

  • The Brooklyn Hotel

    1.07 miles

  • Brooklyn Vybe Hotel, Ascend Hotel Collection

    1.28 miles

  • Illumination Bed & Breakfast

    1.72 miles

  • Sonder: The Industrialist

    2.01 miles

  • Towneplace Suites

    2.03 miles

  • Days Inn

    2.04 miles

  • Union Hotel

    2.04 miles

  • Culpeppers' Restautant

    0.14 miles

  • Domino's

    0.15 miles

  • Grüit

    0.18 miles

  • Java Juice Cafe

    0.19 miles

  • Gold Room BK

    0.20 miles

  • PasaPasa

    0.20 miles

  • The Food Sermon

    0.20 miles

  • Glou

    0.20 miles

  • Alenbi Kitchen

    0.21 miles

  • Brix Haus

    0.21 miles

  • Saint Francis of Assisi Elementary School

    0.15 miles

  • Darchai Menachem

    0.34 miles

  • Machon Chana

    0.34 miles

  • Medgar Evers College

    0.35 miles

  • P.S. 397 Foster-Laurie

    0.38 miles

  • St. Mark's Day School

    0.39 miles

  • High School for Public Service

    0.48 miles

  • Public School K141

    0.49 miles

  • Middle School K002

    0.49 miles

  • Public School K375 Jackie Robinson

    0.50 miles

  • All My Children Daycare & Nursery School

    0.17 miles

  • Eva Crèche Daycare

    0.17 miles

  • The Hollow

    0.19 miles

  • Discovery Kids

    0.22 miles

  • Bambi Early Education and Child Care

    0.26 miles

  • Childrens Paradise

    0.28 miles

  • Kiddie Science

    0.30 miles

  • Lefferts Gardens Montessori

    0.34 miles

  • Elite Early Childhood Learning Center

    0.48 miles

  • Friends of Crown Heights Educational Center

    0.48 miles

Frequently Asked Questions

How much does 329 Sterling St cost?

The space currently listed for sale at 329 Sterling St asks for $13,400,000.

What is the total square footage of 329 Sterling St?

329 Sterling St totals 21,010 square feet.

When was this property built?

329 Sterling St was built in 2016.

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