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    897 Park Pl Brooklyn, NY 11216

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    For Sale
    $2,499,999

    Multifamily property with upside potential in a prime Brooklyn location.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    5
    Last Refresh:
    Apr 24 at 3:21 pm

    Property Features for 897 Park Pl

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1915

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    Listing Contact
    Rene Attias

    Listing agent Rene Attias

    Listing office eXp Realty

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty


    Overview

    Crown Heights Multifamily Investment Opportunity

    Located in Crown Heights, Brooklyn, 897 Park Place is a multifamily property offering an investment opportunity. The lot measures 28.83' x 130.58', with building dimensions of 23' x 75'. The building spans five levels. The basement ceiling measures 7ft, and the parlor level measures 10.2 ft. A rear extension has been added, expanding the total square footage. There is space to park a vehicle in the front yard (subject to DOB approval), plus an unattached side exposure that allows for additional natural light along one side of the building. The property is located near the 2/3/4/5 subway lines and the A/C trains, and is just minutes to Franklin Avenue. It is surrounded by restaurants, bars, coffee shops, laundry facilities, and neighborhood amenities, and is a short walk to Prospect Park, Brooklyn Botanic Garden, and the Brooklyn Museum. The property has a bike score of 76, a walk score of 95, and a transit score of 100. Possible condo conversion opportunity. The property offers multiple value-add strategies through renovation, repositioning, rental optimization, or long-term hold.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.938857
    Latitude
    40.698867

    FAQs

    What type of property is this?
    Apartment building - Multifamily property with upside potential in a prime Brooklyn location.
    Where is this apartment building located?
    The property is located at 897 Park Pl Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,499,999.
    What are key features of this property?
    This property features: Excellent transit accessibility near the 2/3/4/5, A/C subway lines.; Prime location in Crown Heights, a consistently appreciating neighborhood.; High walk score (95) and bike score (76) indicating convenient access to amenities.
    More about this property
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