Crown Heights flippers ask quadruple what they paid

1493 Sterling Place in Crown Heights
1493 Sterling Place in Crown Heights

After being sold six months ago, a Crown Heights apartment building is back on the market for nearly four times its previous selling price, Curbed reported.

In February, 1493 Sterling Place sold for $210,000 to an LLC. This month, the two-unit townhouse appeared back on the market. But this time, the asking price for the 3,300-square-foot property is $799,000.

Sign Up for the undefined Newsletter

Built in 1901, the two-story multifamily brick building features a total of five-bedrooms and three bathrooms. The three-bedroom apartment on the top floor is situated above a two-bedroom garden duplex. The lower level of the garden duplex is a finished recreational area.

According to the listing on StreetEasy provided by the Corcoran Group, the property is “completely renovated.” However, it’s unclear when the renovations took place, as there was no listing from the prior sale. [Curbed] – James Comtois