$1,200,000
Updated 9 years ago
Off Market

857 Park Place

Crown Heights, Brooklyn | Nostrand Ave & New York Ave

3 Rooms9 Beds6.5 Baths4,968 Square FeetIncome Property

$1,200,000
floors / apts3 / 3
Lot Size18'x105'
Built Size18'x69'
ZoneR6
Building TypeTownhouse
RE Taxes$3,792
Price Per SF
$242

Listing Features

  • Beamed Ceilings

Outdoor space and views

  • Backyard
  • Garden
  • Terrace

Building Amenities

  • Voice Intercom
  • Garden
  • Roof Deck

Property Description for 857 Park Place

Welcome to 857 Park Place! This is the townhouse in Historic North Crown Heights that you have been looking for! A gorgeous 19th century facade, unusually massive floors, and ready for your finishing touches! 857 Park boasts approximately 3600 square feet on three unusually massive floors (approximately 1200 square feet each!) -plus a windowed basement with approximately 1200 square feet and ceiling heights approaching 9 feet! Each floor has a sprawling and bright full-floor apartment. The 1st floor with private garden is ready to be duplexed into the basement to create a tremendous 2000 square foot mansion-within-a-mansion. 857 Park Place would be a perfect home-plus-income for your family while you enjoy rental income of approximately 6000/month. For investors, 857 Park is a lucrative buy-and-hold rental or a highly profitable condo-conversion with area sales comps of $650-$700/sqft! This home has upgraded gas boiler and electrical and low taxes: $3800.

Listing History for 857 Park Place

Now
07/13/2017
POM by Alexander Maroni
Douglas Elliman
05/06/2017
Expired by Alexander Maroni
Douglas Elliman

Building Details for 857 Park Place

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1908
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Nostrand Av
0.27 miles
President St-Medgar Evers College
0.4 miles
Park Pl
0.45 miles
Kingston Av
0.47 miles
Nostrand Av
0.48 miles

Railroad

Nostrand AvenueLong Island Rail Road
0.33 miles

Citi Bike

Prospect Pl & Nostrand Ave
0.08 miles
Sterling Pl & New York Ave
0.12 miles

Contact Agent

Contact Agent

Alexander Maroni
Douglas Elliman

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: 51896TH