Multifamily Building with Parking
For Sale
Contact for pricing
1621 Park Place, Brooklyn, NY 11233
Well-maintained multifamily with four rear parking garages and seven apartments, including a finished 1BR basement unit.
Property SizeContact for details
Days on Market128
Property Features for 1621 Park Place
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
7
Listing Agency:
CPEX Real Estate New York
Listed By:
Stephen Safina · License #NY 40SA1163372
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 11:31PM
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 CPEX Real Estate New York
Investment Insights
Based on property information with market context.
This well-maintained multifamily building features four rear parking garages and seven total residential units: four 2-bedroom apartments and two 3-bedroom apartments. In addition, the building includes a finished 1-bedroom basement apartment with a separate entrance.
The current tenant mix includes 3 rent-stabilized apartments and 4 free-market apartments. The property is presented as an investment/1031 exchange opportunity.
Overall, the layout combines multiple above-grade apartment configurations with a separate-entry basement unit, supported by on-site rear parking garages for residents.
The current tenant mix includes 3 rent-stabilized apartments and 4 free-market apartments. The property is presented as an investment/1031 exchange opportunity.
Overall, the layout combines multiple above-grade apartment configurations with a separate-entry basement unit, supported by on-site rear parking garages for residents.
Key Highlights
- Well‑maintained multifamily with 7 apartments: four 2BR units and two 3BR units plus a finished 1BR basement apartment
- Includes a finished 1BR basement apartment with a separate entrance
- Four rear parking garages provided for on‑site parking
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
3,726
Businesses Nearby
Explore this area
Business Placement
Demographics for 11233, NY
75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained multifamily with four rear parking garages and seven apartments, including a finished 1BR basement unit.
Where is this apartment building located?
The property is located at 1621 Park Place Brooklyn, NY.
What are key features of this property?
This property features: Well‑maintained multifamily with 7 apartments: four 2BR units and two 3BR units plus a finished 1BR basement apartment; Includes a finished 1BR basement apartment with a separate entrance; Four rear parking garages provided for on‑site parking
