$1,995,000
Updated 5 years ago
Off Market

1174 Eastern Parkway

Crown Heights, Brooklyn | Utica Ave & Rochester Ave

28 Rooms14 Beds7 Baths4,568 Square FeetMulti-Family

$1,995,000
floors / apts4 / 3
Lot Size30'x120'
Built Size19'x53'
ZoneR7-1
Building TypeTownhouse
RE Taxes$6,077
Price Per SF
$437

Outdoor space and views

  • Backyard
  • Terrace

Property Description for 1174 Eastern Parkway

Welcome to 1174 Eastern Parkway, a four story, three family home. This house has a total of 14 bedrooms and 6 bathrooms and currently brings in aprox. $120,000 a year in rent. Also has 2 private parking spots. CAN BE DELIVERED WITH TENANTS IN PLACE OR VACANT. Sitting on an oversized lot, 30 × 120 feet, this brick home spans approx. 4,000 square feet (including a finished basement) and includes a curb cut and two parking spaces. This property allows for approx. 8,000 sqft of additional build-able air rights (R7-1 Zoning) The garden level features a 4 bed 2 bath duplex layout with access to the backyard. The 2nd floor features a 5 bed 2 bath layout. And the 3rd floor features a massive 5 bed 2 bath duplex with access to a large private terrace. All of the apartments are income producing, making this a sharp investment piece. The building is set back on the beautiful, tree-lined Eastern Parkway with the Utica 3 & 4 Subway stop less than 500ft away, and not far from the A & C stop as well. Right around the corner this property has convenient access to Lincoln Terrace/Athur S. Somers Park.

Listing History for 1174 Eastern Parkway

Now
08/12/2021
TOM by Daniel Cohen
Corcoran
05/25/2021
$1,995,000
Initial Price by Daniel Cohen
Corcoran

Building Details for 1174 Eastern Parkway

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

Crown Hts-Utica Av
0.18 miles
Sutter Av-Rutland Rd
0.44 miles

Citi Bike

Eastern Pkwy & Rochester Ave
0.07 miles
St Johns Pl & Utica Ave
0.17 miles

Contact Agents

Contact Agents

Daniel Cohen
Corcoran
Tony Bush
Corcoran

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: 81307TH