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Residential Income Property with Backyard
For Sale
$1,875,000
Pending

41 PARK Place 1, Brooklyn, NY 11217

Duplex condominium with private entry, flexible lower-level recreation space, and a two-tiered outdoor area.

Property Size1,500 SF
Days on Market35

Property Features for 41 PARK Place 1

General Information

Standard status Pending
Size 1,500 SF
Property subtype Duplex

Units

Unit Mix 2BR/2BA
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

fireplace
central air conditioning
in-unit washer/dryer
private entrance
hardwood floors
stainless steel appliances
Caesarstone countertops
breakfast bar
walk-in shower
backyard
recreation space

Building Details

Building Size 1,500 SF
Year Built 1890
Listing Agency: Douglas Elliman Real Estate
Listed By: GABRIEL LEIBOWITZ · License #10301211853
Source: Carlinwright
Added: Aug 5 Changed: Aug 31 Last Checked: Sep 8 at 9:34AM

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 Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

This 1,500-square-foot, two-bedroom, two-bathroom duplex condominium occupies the first unit of a four-unit boutique condominium at 41 Park Place. The residence includes hardwood flooring, a private entrance, ductless split-system central A/C, an in-unit washer and dryer, and a wood-burning fireplace. Its open kitchen is fitted with stainless steel appliances, Caesarstone countertops, and a breakfast bar. Both bathrooms have been renovated, with a walk-in shower in the primary bath. The lower level provides oversized recreation space and connects to an approximately 800-square-foot, two-tiered backyard.

The property is located on a tree-lined Park Slope block between 5th and 6th Avenues in Brooklyn. Subway access is approximately two blocks away, while the dining and shopping along 5th Avenue are nearby. Prospect Park is approximately 2.5 blocks from the residence. The building is self-managed and has four condominium units, with low monthly carrying charges.

Key Highlights

  • 1,500 SF duplex condominium with 2 bedrooms and 2 bathrooms
  • Approximately 800‑square‑foot two‑tiered backyard
  • Oversized lower‑level recreation space

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Accounting Firm Nursing Home Building Supply Auto Parts Store Carpet & Flooring 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.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

7,845
Businesses Nearby

Demographics for 11217, NY

42,417
Population
21,590
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
60,596
Density / Sq Mi
$158,314
Median Household Income
$95,067
Median Earnings
$2,800
Median Rent
$1,614,200
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Duplex condominium with private entry, flexible lower-level recreation space, and a two-tiered outdoor area.
Where is this residential income property located?
The property is located at 41 PARK Place 1 Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: 1,500 SF duplex condominium with 2 bedrooms and 2 bathrooms; Approximately 800‑square‑foot two‑tiered backyard; Oversized lower‑level recreation space
More about this property
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