$1,299,000
Updated 11 years ago
Off Market

803 Eastern Parkway

Crown Heights, Brooklyn | Kingston Ave & Albany Ave

12 Beds4 Baths4,520 Square FeetMulti-Family

$1,299,000
floors / apts3 / 4
Lot Size20'x120'
Built Size20'x56'
ZoneR6
Building TypeHouse
RE Taxes$5,400
Price Per SF
$287

Property Description for 803 Eastern Parkway

> Attention Developers! > Stalled boutique 4 unit condo building in prime Crown Heights location. > Restart this 50% completed project back to life and seize the opportunity for a lucrative sellout. > Equally suited for end users and buy and hold investors with vision to also develop as a 4 unit townhouse and collect a sizable rental income. > Architectural plans available upon request. > All site visits must be accompanied with Architect/General Contractor and subject to Liability Waiver due to unsafe condition. > Seller is willing to due process to remove stop work order. > Sale is AS IS and subject to all fines and violations. > ALL INTERESTED PARTIES SHOULD DUE DILIGENCE PRIOR TO SCHEDULING SITE VISITS.

Listing History for 803 Eastern Parkway

Now
10/16/2014
POM by Meris G. Blumstein
Corcoran
05/10/2014
$1,299,000 [-$186,000] [12.5%]
Price Drop by
Corcoran

Building Details for 803 Eastern Parkway

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1905
Floors/Apts3/4
Learn More About the Building

Transit and Citi Bike

Subway

Kingston Av
0.04 miles
Crown Hts-Utica Av
0.46 miles
Nostrand Av
0.47 miles
President St-Medgar Evers College
0.5 miles

Citi Bike

Eastern Pkwy & Kingston Ave
0.04 miles
St Johns Pl & Kingston Ave
0.1 miles

Contact Agent

Contact Agent

Crown Heights | Brooklyn

Quick Profile

Originally known as Crown Hill by the Lenape Indians that lived there, Crown Heights has evolved into a diverse neighborhood, occupied primarily by Hasidic Jews and one of the largest Caribbean populations to be found anywhere outside of the West Indies. 

Head over to Nostrand Avenue, one of the main West Indian commercial areas in the neighborhood, which is lined with stores that have been in those exact same places for generations, providing their goods and services to area residents. Kingston Avenue has similar commercial activities that support the Jewish community, and Franklin Avenue shows the most signs of change and gentrification, with an ever-expanding mix of yoga studios, coffee shops, and organic grocery stores that serve the influx of young professionals. No matter which of these areas you visit, you will find an interesting mix of businesses that you wouldn’t normally picture as existing side-by-side. It is all part of the cultural diversity of Crown Heights.

The neighborhood is bisected, from east to west, by Eastern Parkway, which is a beautiful, 3-mile-long boulevard lined with mature trees. This leafy oasis was designed by Frederick Law Olmsted, famed designer of Central Park, the Biltmore Estate in North Carolina, and the U. S. Capitol in Washington, D. C.

You will find a mix of low-rise apartment buildings, large middle-class elevator buildings, brownstones, and some luxury buildings. Century-old architecture stands next to modern residential developments in a visually interesting mix of styles, much as the diversity of the residents exists. People who would not normally meet and mix are forging new pathways to cultural understanding by working, living, and playing together in the same neighborhood.

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.
OLR ID: 53748TH