1190 Park Pl Brooklyn, NY 11213
Spacious two-family brownstone with three above-grade full floors, a basement, and an extra-deep lot for a large backyard.
- Added:
- Jul 9, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 10 at 2:43 am
Property Features for 1190 Park Pl
General Information
- Standard status
- Active
- Size
- 2,922 SF
- Lot size
- 0.06 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1901
Listing office Coldwell Banker LaBarca (718) 258-1222
Listing date Jul 9, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Set on an extra-deep 19' x 127.75' lot, the home provides an unusually spacious backyard. The property is located for convenient access to public transportation, with the 3 and 4 subway lines minutes away and B45 and B46 bus routes nearby. Local shopping and dining are close, and the Brooklyn Children’s Museum and Brooklyn Public Library are also accessible.
With approximately 2,922 square feet, this is a practical live-with-income or investment canvas for buyers looking to customize using the home’s existing layout and historic character.
Key Highlights
- Spacious 2‑family Crown Heights brownstone built in 1901 with three above‑grade full floors plus a basement
- Approx. 2,922 sq ft total living area for a larger‑than‑typical two‑family layout
- Extra‑deep 19' x 127.75' lot with an unusually spacious backyard
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $149.0k | $51.00 |
| − Vacancy | −$2.8k | −$0.97 |
| EGI | $146.2k | $50.03 |
| − OpEx | −$43.9k | −$15.01 |
| NOI | $102.3k | $35.02 |