1709 Park Place Brooklyn, NY 11233
- Added:
- Dec 29, 2025
- Days on Market:
- 102
- Last Refresh:
- Apr 10 at 3:06 pm
Property Features for 1709 Park Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 6, Bathroom 7, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 8, Bathroom 6, Bedroom 7, Bathroom 3, Bathroom 5, Bathroom 4, Bedroom 5, Bathroom 8
- Interior features
- A/C Unit, Dryer, Laundry Area, Refrigerator, Stove, Washer
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 5,600 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 500
Building Details
- Year built
- 2019
- Floors in Building
- 4
- Number of units
- 8
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agent Keren Shalmoni (718) 251-7400
Listing office Talk of the Town Realty Corp. 2054 Ralph Avenue, Brooklyn, NY (718) 251-7400
Listing date Dec 29, 2025
MLS# 498045
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Crown Heights Multifamily Investment Opportunity
This multifamily property at 1709 Park Place, Brooklyn, presents an investment opportunity with existing rental income. The newly constructed building, approximately 5,600 square feet in size, is located in Crown Heights. The building contains 8 apartments across 4 floors and a finished basement. Each apartment features an open floor plan with 1 bedroom, 1 full bathroom, storage closets, a kitchen equipped with stainless steel appliances and granite countertops, hardwood floors, and fixtures. The property includes an extra-deep back garden. A laundry room is located in the basement. All apartments are currently occupied, with tenants responsible for their own heat and electric. The property benefits from a tax abatement with approximately 25 years remaining. The gross yearly rental income is $199,803. The 0.0587-acre lot is near Lincoln Terrace Park, President Street, Eastern Parkway, shopping, coffee shops, boutiques, the children's museum, and the A/C 2/3/4 & 5 subway lines.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.920753
- Latitude
- 40.672084
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Newly constructed 8-unit building in Crown Heights with tax abatement.
Where is this apartment building located?
The property is located at 1709 Park Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: High rental income producing property with $199,803 gross yearly income.; Enjoy minimal owner expenses with **25 years remaining on tax abatement.**; Located in the highly desirable Crown Heights neighborhood of Brooklyn.
