Search
Three-Story Duplex with Basement
For Sale
$2,400,000
Pending

695 Park Place, Brooklyn, NY 11216

Residential Income, Brooklyn, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market77

Property Features for 695 Park Place

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 7, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 2
Basement Full, Unfinished
Elementary school Ps 138
Middle school Ebbets Field Middle School
High school Interntl Hs At Prospect Hghts
Elementary school district Brooklyn 17
Middle school district Brooklyn 17
High school district Brooklyn 17
Directions Franklin Ave to Park Place
Standard status Pending
APN 01231-0062
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5244

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1901
Number of units 2
Building materials Brick
Listing Agency: Keller Williams Village Sq Rlt · Keller Williams Realty
Listed By: Cynthia Rivera
Added: Jun 17 Changed: Aug 28 Last Checked: Sep 1 at 6:06AM
MLS# 1015388

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This legal 2F duplex at 695 Park Place is a three-story brick property with seven bedrooms and three bathrooms. The building includes a full unfinished basement, while the interior retains original architectural character and offers adaptable residential space. Natural gas heating, window and wall/window cooling units, public water, and public sewer are in place.

The property occupies 0.0581 acres in Brooklyn’s 11216 ZIP code, near the Crown Heights and Prospect Heights border. Parks, transportation, shopping, and dining are located nearby. Constructed in 1901, the building presents a substantial residential configuration with basement space for future customization.

Key Highlights

  • Legal 2F duplex with 3 stories
  • 7 bedrooms and 3 bathrooms
  • Full unfinished basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Real Estate Agency Nursing Home Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,197
Businesses Nearby

Demographics for 11216, NY

61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Brick two-family property with seven bedrooms, three bathrooms, and flexible residential layouts.
Where is this duplex located?
The property is located at 695 Park Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Legal 2F duplex with 3 stories; 7 bedrooms and 3 bathrooms; Full unfinished basement
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message