$250,000
Updated 6 years ago
Off Market

1551 Park Place, 1-D

Crown Heights, Brooklyn | Rochester Ave & Buffalo Ave

4 Rooms2 Beds1 BathCo-op

$250,000
Maintenance$517

Listing Features

  • Penthouse/Top Flr

Outdoor space and views

  • East Exposure
  • North Exposure
  • South Exposure

Building Amenities

  • Voice Intercom

Property Description for 1551 Park Place, 1-D

Offered is a corner 2 bedroom HDFC coop apartment on the 4th floor boasting 9' ceilings, wood floors, 2 comparable sized closeted bedrooms, spacious windowed living room, a windowed eat-in kitchen and a windowed bathroom. A washer/dryer is allowed. The building is a well maintained walkup having 24 apartments situated on a quiet block located between Buffalo and Rochester Avenues. Low $517 monthly maintenance includes heat & hot water. 70% FINANCING. GROSS ANNUAL INCOME MUST NOT EXCEED $46,224 FOR A FAMILY OF 1-2 PERSON AN $53,928 FOR A FAMILY OF 3 OR MORE. In walking distance of the 3,4, A and C trains and the B46 bus. 2 blocks from shops, restaurants, Blink Fitness and other services on Utica Avenue.

Listing History for 1551 Park Place, 1-D

Now
11/06/2020
TOM by Keith Johnson
Douglas Elliman
11/01/2020
$250,000 [-$45,000] [15.3%]
Price Drop by Keith Johnson
Douglas Elliman

Building Details for 1551 Park Place

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/24
Learn More About the Building

Transit and Citi Bike

Subway

Crown Hts-Utica Av
0.44 miles

Citi Bike

Park Pl & Buffalo Ave
0.04 miles
Sterling Pl & Rochester Ave
0.14 miles

Contact Agents

Contact Agents

Licensed As
Keith Alexander Johnson
Salesperson
License#:
10401288267
Company:
Douglas Elliman
Keith Johnson
Douglas Elliman
Brian Phillips
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: 1377503