$949,000
Updated 9 years ago
Off Market

1636 Prospect Place

Crown Heights, Brooklyn | Ralph Ave & Buffalo Ave

12 Rooms6 Beds4 Baths2,934 Square FeetMulti-Family

$949,000
floors / apts3 / 2
Lot Size16'x96'
Built Size16'x58'
ZoneR6
Building TypeTownhouse
RE Taxes$6,228
Price Per SF
$323

Listing Features

  • Gas Heat

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom
  • Outdoor Parking

Property Description for 1636 Prospect Place

Welcome to this magnificent semi-detached two family with 2 parking spots in the back. Featuring a four-bedroom duplex over a four bedroom duplex, with modern kitchens, stainless steel appliances and separate utilities. Currently the lower duplex is being rented for $2750 a month. The upper duplex is rented at $2900 a month. This can bring your total yearly rental income to $67,800 with a 6% cap rate. Transportation include the 3,4,A&C trains.

Building Details for 1636 Prospect Place

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built2004
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Ralph Av
0.43 miles

Citi Bike

St Marks Ave & Ralph Ave
0.08 miles
Sterling Pl & Ralph Ave
0.12 miles

Contact Agent

Contact Agent

Michael Feldman
Bedford Brownstone Realty

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: 31169TH