Updated 19 hours ago
Crown Heights, Brooklyn | Park Place & Sterling Place
4,400 Square FeetMixed Use

$1,950,000
floors / apts3 / 2
Lot Size20'x74'
Built Size20'x55'
Building TypeLow-Rise
RE Taxes$5,250
Price Per SF
$443

Building Amenities

  • Voice Intercom

Property Description

PRIME CROWN HEIGHTS MIXED USE! COMMERCIAL UNIT RENOVATED & VACANT! RESIDENTIAL UNITS INCLUDE (2) THREE BEDROMMS FREE MARKET! LOCATED ALONG KINGSTON AVENUE CORRIDOR PROVIDING GREAT RETAIL OPTIONS! EXCELLENT OPPORTUNITY FOR OWNER OPERATOR! 100% FREE MARKET WITH TREMENDOUS UPSIDE POTENTIAL!

Listing History

Now
04/27/2022
$1,950,000
Initial Price by Ryan Gehris
USREALTY.COM
Launch

Building Details

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Kingston Av
0.2 miles
Nostrand Av
0.49 miles

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.

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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: 85302TH