Listing Courtesy of Corcoran Group
$2,495,000
Potential Rebate: $37,425
What could be better than coming home to a 20' wide and 55' deep limestone on one of the most picturesque blocks in Crown Heights, with almost every period detail still intact? 887 Lincoln Place is an exceptional 2-family home on a 102' deep lot that is ready to be moved into as-is, or bring your contractor and make very minor customizations to create the trophy property of your dreams. Use this is a grand one-family, or live large on two floors and collect income from a top floor rental. This quiet one-way treelined street just a block off of Eastern Parkway offers convenience to the express subways (2/3/4 at Nostrand), in addition to Prospect Park, the Brooklyn Museum and the Botanic Gardens. You really can have it all and also enjoy the amazing array of nearby amenities including Union Market, award-winning restaurants, cafes and shops on Franklin, Bedford and Nostrand avenues.<br> <br> Head up a grand stoop past a deep garden that affords this lovely home a great deal of street privacy, in addition to endless gardening opportunities. Distinguished by an ornate limestone facade with elegant fleur-de-lis detailing, a handsome cornice, oversized windows, and a decorative iron fence, the historic facade perfectly reflects the museum-quality period details that await inside. Prepare to fall in love with a massive parlor floor replete with mahogany fretwork; window, base and ceiling moldings; a Piers mirror; stained-glass transoms, inlaid nail-head floors; plaster picture moldings and ceiling medallions; and bay windows in both the front and the back. A uniquely deep layout affords the opportunity for a gracious living room, formal dining room, sunny eat-in kitchen, PLUS an additional guest room or home office all on one floor. There is even a renovated full bathroom on this level, the perfect accompaniment to the guest room. The renovated kitchen includes a vented stainless stove, painted black kitchen cabinetry, honed black granite countertops, stainless steel GE Café appliances, great storage and pantry space, plus a discretely placed full-sized vented washer and dryer. Due to the unique depth of this property, you will even enjoy windows in the center that bring light in all day and offer charming views of a landscaped and spacious backyard. Attention to both bluestone hardscaping and intricate planting beds allows just the right combination of hang-out space interspersed with the well-needed greenspace that only townhouse living provides. This floor and the bottom floor both have easy walkouts to the garden as well for the perfect indoor/outdoor lifestyle.<br> <br> The garden floor is currently configured as a great room with a fully renovated full bathroom, plus an additional bedroom in the extension. It features exposed brick, wood floors, higher-than-normal ceilings, and great light. Use this as a primary suite and a living room, or reconfigure into three bedrooms if you only want to live on the bottom two floors. There is central AC on the parlor floor that could easily be expanded to the garden & top floors, if desired. <br> <br> The elegant and spacious third floor includes three bedrooms and is also adorned with the same quality of original detail seen on the parlor floor; equally impressive ceiling heights; ornate mantles; and even better light with treetop views from the bedrooms. If you don't need the entire house, this floor also includes a kitchen and would make a practical income-generating 1-bedroom rental the kitchen is easily removable, or leave in as a kitchenette for convenience. Bedrooms are sunny and spacious and prepare to be astounded at the size of the primary suite that awaits. <br> <br> A clean and dry cellar has unprecedented high ceilings and would make a groovy workshop or artist's studio. Storage is ample too. And of course don't miss the incredibly low taxes at just $550 month!
$12,873 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$37,425
Monthly savings impact
$104/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20061772

Compare average listing prices and value metrics for 887 LINCOLN Place against the surrounding Crown Heights market.
than the Crown Heights price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Crown Heights is a neighborhood of contrasts and energy. Combining the Caribbean heritage of the West Indian Day Parade with a booming young professional scene, it is one of Brooklyn's most dynamic areas. For buyers seeking Crown Heights Brooklyn real estate, it offers proximity to cultural institutions and spacious pre-war housing.
Living in Crown Heights is vibrant. Franklin Avenue is one of the trendiest dining strips in the borough, while Eastern Parkway offers a grand, tree-lined promenade designed for sunday strolls.
The market for homes for sale in Crown Heights is diverse. To the north, you find grand townhouses and limestone mansions. To the south, large pre-war elevator buildings offer co-ops and rentals.
It is a market that offers value compared to neighboring Prospect Heights, while sharing many of the same amenities.
The lifestyle in Crown Heights is eclectic. Residents drink cocktails at intricate speakeasies on Franklin Ave, buy spices at Caribbean markets on Nostrand, and visit the Brooklyn Children's Museum.
The community is a unique blend of Afro-Caribbean families, the Chabad-Lubavitch Jewish community, and new residents.
Crown Heights has distinct transit advantages. The 2/3/4/5 express trains on Eastern Parkway whisk commuters to Wall Street in 20 minutes.
The A/C trains serve the northern section, providing excellent coverage.
Brower Park is a local favorite, and the neighborhood borders the Brooklyn Botanic Garden. The Weeksville Heritage Center provides deep historical context to the area.
Amenities are rich: varied dining, proximity to the Brooklyn Museum, and strong community centers.
Crown Heights is best for diversity seekers, commuters (the express trains are unbeatable), and buyers wanting spacious pre-war apartments near Prospect Park.

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