$999,000
Updated 7 years ago
Off Market

1514 Park Place

Crown Heights, Brooklyn | Rochester Ave & Buffalo Ave

11 Rooms8 Beds6 Baths3,515 Square FeetMulti-Family

$999,000
floors / apts3 / 3
Lot Size21'x100'
Built Size21'x52'
ZoneR6
Building TypeTownhouse
RE Taxes$96,480
Price Per SF
$284

Outdoor space and views

  • Backyard
  • Patio

Property Description for 1514 Park Place

1514 Park Place is prime for investment! Located in the Historic Community of Weeksville and recently constructed in 2006. This three-story three family brick townhouse is a great opportunity to own a piece of property in this historic district. Building dimensions are 21 X 52ft and boasts over 3500 sqft of actual livable space per floor. First floor is a true two-bedroom apartment with exclusive access to the private multi-level backyard area with a separate patio area ideal for barbecuing/grilling. The second floor apartment is a spacious three bedroom/two bathroom good for shares or even a larger family. The top floor apartment unlike the other two units has a very unique loft-like appeal, with an expansive layout that features a three bedroom/two bath duplex with living room heights of over 10 ft . The private master bedroom for the top floor overlooks the living room area with floor to ceiling windows that flood the entire apartment with natural sunlight. Each unit has its own individual meters and hot water tanks easily separating living expenses for each apartment. Current free market rent for the building is over $73K annually; however, there is potential this house can be delivered vacant! Located near the Utica Avenue 4/5 train subway stop and near many restaurants and shops off Eastern Parkway. Priced to sell, this house is a great find and will only be shown by Appointment only.

Building Details for 1514 Park Place

OwnershipMulti-Family
Building TypeTownhouse
AgePost-War
AccessWalk-up
Year Built2006
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Crown Hts-Utica Av
0.37 miles

Citi Bike

Sterling Pl & Rochester Ave
0.08 miles
Park Pl & Buffalo Ave
0.09 miles

Contact Agent

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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: 69734TH