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11 Park Place, Brooklyn, NY 11217

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For Sale

$4,795,000

6 beds • 6 baths • 3,500 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Townhouse
    Property type

  • $1,370.00
    Price per square foot

Explore this Property

Welcome to 11 Park Place, a rare opportunity in the heart of prime Park Slope. This fully renovated 3-unit townhouse combines modern living with excellent income potential in one of Brooklyn s most desirable neighborhoods. Each residence has been thoughtfully updated with hardwood floors, spacious layouts, sleek kitchens with stainless steel appliances, and in-unit washer/dryers making it completely turnkey for both residents and investors. For those looking to live in Park Slope while leveraging rental income, this property offers the best of both worlds. Unit 1, currently available, is a spacious two-bedroom, two-and-a-half-bath duplex featuring a huge finished cellar level with direct access to a large private backyard and deck perfect for indoor-outdoor living. With two additional units already leased and generating strong returns, an owner-occupant can enjoy a beautifully renovated home while offsetting expenses through rental income. For investors, it s a prime addition to any portfolio, with immediate cash flow in place. Current rent roll: Unit 1: Currently listed at $9,000/month Unit 2: Leased at $7,000/month Unit 3: Leased at $7,500/month Ideally located just blocks from Prospect Park, multiple subway lines, Barclays Center, and Park Slope s endless shopping and dining, this property checks all the boxes for both lifestyle and investment. Contact us today for the full rent roll and expense breakdown. Don t miss the chance to own a fully renovated, high-income property in one of Brooklyn s most sought-after neighborhoods.
MLS# 11558481

Courtesy Of Compass

(201) 370-8465

Property Features

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Map and Directions

Directions to 11 Park Place, Brooklyn, NY 11217

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(718) 252-6060
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.