1709 Park Place, Brooklyn, NY 11233
Local realty services provided by:CENTURY 21 Awaye Realty
1709 Park Place,Brooklyn, NY 11233
$2,999,000
- 8 Beds
- 8 Baths
- 5,600 sq. ft.
- Multi-family
- Active
Listed by: keren shalmoni
Office: talk of the town realty corp.
MLS#:498045
Source:BROOKLYN
Price summary
- Price:$2,999,000
- Price per sq. ft.:$535.54
About this home
1709 Park Place offers a wonderful opportunity for a savvy investor looking for a hassle-free investment with great rental return already in place. Start collecting great income from day 1!
It's all about the LOCATION LOCTION, this 5 years young newly constructed building is located in one of Brooklyn's most sought-after neighborhoods of historic Crown Heights. 4 floors Plus a full finished basement. Each floor holds 2 apartments. Each apartment has a nice open floor plan with 1 spacious bedroom, 1 full bathroom, ample storage closets, kitchen with stainless steel appliances and granite counter tops, beautiful hardwood floors and high-end fixtures. Come outside, the extra deep back garden
is a rare find, made possible by the 127- foot lot. The building also has a basement with a laundry room for comfort.
All 8 apartments are currently producing high rental income; all tenants are paying their own heat and electric. Great location- minutes from Lincoln Terrace Park, vibrant President Street, Eastern Parkway, Beautiful Shopping, coffee shops, boutiques, The children's museum, The A/C 2/3/4 &5 subway lines and so much more.
The owner has minimal expenses for the building with another 25 years left of TAX ABATEMENT.
Gross yearly rental income is $199,803....
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Home facts
- Year built:2019
- Listing ID #:498045
- Added:115 day(s) ago
- Updated:April 15, 2026 at 11:12 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Full bathrooms:8
- Flooring:Hardwood, Tile
- Kitchen Description:Refrigerator, Stove
- Basement Description:Finished, Full
- Living area:5,600 sq. ft.
Heating and cooling
- Heating:Ductless/Split, Electric
Structure and exterior
- Roof:Flat
- Year built:2019
- Building area:5,600 sq. ft.
- Lot area:0.06 Acres
- Construction Materials:Brick
- Exterior Features:Back Yard
- Foundation Description:Poured Concrete
- Levels:4 Stories
Finances and disclosures
- Price:$2,999,000
- Price per sq. ft.:$535.54
Features and amenities
- Laundry features:Dryer, Laundry Area, Washer
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