897 Park Pl Brooklyn, NY 11216
New
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
Listing agent Rene Attias (646) 644-5487
Listing office eXp Realty (646) 644-5487
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
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.938857
- Latitude
- 40.698867
Nearby Similar for Sale
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.
