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255 Lincoln AvenueBrooklyn, NY 11208

For Sale

$987,000

Smart Buyer Rebate $12,175

Discover this prime investment opportunity, solid brick 2-family home perfectly positioned in the heart of Cypress Hills, Brooklyn. Whether you are an investor looking for high rental yield or a homeowner seeking a "live-plus-income" setup, this property delivers on every front. Spacious 3-over-3 layout, offering two expansive units each with high ceilings and bright, airy living spaces.
A full walkout basement featuring a convenient powder room—the perfect footprint for a recreational lounge, home gym, or media center. Includes dedicated laundry hookups and a private, fenced-in backyard ideal for summer gardening or weekend BBQs.
Commuting and daily errands have never been easier: Just steps away from the J train, providing a fast and direct commute into Downtown Manhattan. A short stroll to local supermarkets, trendy cafes, restaurants, and shops. Only a 15-minute drive to JFK Airport, making it a dream location for frequent travelers. Don't miss out on this Brooklyn gem!

Listed by Sebastian Lievano-Gutierrez

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Century 21 Full Service Realty

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845-639-1234

Last updated January 28, 2026

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Source: OneKey #954291

Listing Facts

  • TypeMulti-family
  • NeighborhoodCypress Hills
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu5
  • Taxes$6,596.72/year

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

01/25/2026
Listed by Century 21 Full Service Realty
$987,000

Estimated Closing Costs

Total
$29,141
Attorney Fees
$4,000
Title Insurance
$4,442
Bank Attorney
$1,500
Mortgage Recording Tax
$15,199
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $987,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 255 Lincoln Avenue

Association

Amenities

  • Association Amenities: Other

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Property Condition: Actual
  • Structure Type: Townhouse
  • Window Features: Double Pane Windows, Screens, Skylight(s), Tilt Turn Windows
  • Year Built: 1910
  • Construction Materials: Brick, Fiberglass Insulation, Frame, Vinyl Siding
  • Exterior Features: Awning(s), Lighting

Features

  • Direction Faces: West
  • Fencing: Back Yard, Fenced, Vinyl
  • Patio And Porch Features: Patio, Porch, Wrap Around

Measurements

  • Building Area Total: 2,128
  • Building Area Units: Square Feet
  • Lot Features: Back Yard, Garden, Interior Lot, Near Public Transit, Near School, Near Shops, Paved, Private
  • Lot Size Acres: 0.04
  • Lot Size Dimensions: 2,087
  • Lot Size Square Feet: 1,750

Financial

Residential Income

  • Cap Rate: 6.0

Taxes

  • Parcel Number: 04150-0019
  • Tax Annual Amount: $6,596.72
  • Tax Assessed Value: $57,960.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Hardwood
  • Interior Features: First Floor Bedroom, First Floor Full Bath, Breakfast Bar, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Open Kitchen, Primary Bathroom, Recessed Lighting, Storage, Washer/Dryer Hookup

Rooms

  • Basement: Full, Partially Finished, Walk-Out Access
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6

Other

General

  • Exclusions: Refrigerator in the basement, security cameras

Location

  • Tax Block: 4150
  • Tax Lot: 19

Parking

Parking

  • Parking Features: On Street

Schools

Elementary School

  • Elementary School: Ps 7 Abraham Lincoln
  • Elementary School District: Brooklyn 19

High School

  • High School: Multicultural High School
  • High School District: Brooklyn 19

Middle or Junior School

  • Middle Or Junior School: Is 171 Abraham Lincoln
  • Middle Or Junior School District: Brooklyn 19

Utilities

Equipment

  • Heating: Baseboard, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Trash Collection Public, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 3 bathrooms in this multi-family home at 255 Lincoln Avenue.

What schools are nearby to 255 Lincoln Avenue?

Nearby schools include the Ps 7 Abraham Lincoln Elementary School, Is 171 Abraham Lincoln Middle School, and Multicultural High School.

What are the annual taxes for 255 Lincoln Avenue?

Annual taxes for this multi-family home are estimated at $6,596.

How does 255 Lincoln Avenue compare to other multi-family homes in Cypress Hills?

This multi-family home is listed 6% below the average price for multi-family homes in Cypress Hills and has been on the market for 119 less days than the typical home in this area.

255 Lincoln Avenue is a 6-bedroom, 3-bath multi-family home for sale in Brooklyn NY 11208. Listed on Prevu for 5 days at $987,000. This property is located in Cypress Hills. The median listing price for multi-family homes in this area is $899,900. Nearby schools include Ps 7 Abraham Lincoln Elementary School, Is 171 Abraham Lincoln Middle School, and Multicultural High School. Additional amenities include private outdoor space. View other multi-family home listings in New York.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.