$18,000,000
Updated 9 months ago
Off Market

781 Eastern Parkway

Crown Heights, Brooklyn | Brooklyn Ave & Kingston Ave

60 Rooms35 Beds22 Baths29,388 Square FeetIncome Property

$18,000,000
floors / apts4 / 14
Lot Size79'5"x118'3"
Built Size79'5" wide
ZoneR6
Building TypeLow-Rise
RE Taxes$172,237
Price Per SF
$612

Building Amenities

  • Voice Intercom

Property Description for 781 Eastern Parkway

Welcome to 781 Eastern Parkway. A trophy property located in the heart of Crown Heights on the corner of Kingston Avenue and at the footstep of the Kingston Ave subway line, and across the street from Chabad world Headquarters 770 Eastern Pkwy as well as the Jewish Childrens Museum!

The building consists of 14 residential units of which 3 are Destablized and Free Market and 1 of the RS units is vacant.

There are 2 commercial spaces including a AAA anchor tenant - Bank of America who has been in the building for over 30 years and just resigned. The second unit is Vacant and unfinished and is prime for a makeover to bring in additional income.

Call today to get more info and schedule a tour

Listing History for 781 Eastern Parkway

Now
06/07/2023
POM by Shlomo Malamud
Real Street
03/09/2023
TOM by Shlomo Malamud
Real Street

Building Details for 781 Eastern Parkway

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1905
Floors/Apts4/14
Learn More About the Building

Transit and Citi Bike

Subway

Kingston Av
0.04 miles
Nostrand Av
0.42 miles
President St-Medgar Evers College
0.45 miles

Citi Bike

Eastern Pkwy & Kingston Ave
0.02 miles
St Johns Pl & Kingston Ave
0.09 miles

Contact Agents

Contact Agents

Shlomo Malamud
Real Street
Sully Klein
Real Street

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: 90068TH