$2,799,999 $3,149,000
Updated 11 hours ago

Minester Court

511 Eastern Parkway

Crown Heights, Brooklyn | Rogers Ave & Nostrand Ave

20 Rooms18 Beds14.5 Baths12,008 Square FeetIncome Property

$2,799,999 $3,149,000
floors / apts4 / 14
Building TypeLow-Rise
RE Taxes$31,891
Price Per SF
$233

Building Amenities

  • Video Intercom

Property Description for 511 Eastern Parkway

An amazing investment opportunity. 14 units in Crown Heights, Brooklyn. Consist of 11 one bedroom apartments. 2, two bedrooms and 1 three bedroom apartment. Conveniently located close to 2,3 & 4 train, plus buses. Great location. Short distance to Prospect Park, Brooklyn Botanic Garden and much, much more. Short distance to restaurants and shopping.

Listing History for 511 Eastern Parkway

Now
05/15/2023
$2,799,999 [-$349,001] [11.1%]
Price Drop by Learie Cunningham
Excell Choice Realty
2023

Building Details for 511 Eastern Parkway

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVideo Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts4/14
Learn More About the Building

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: 86251TH