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    55 Parade Pl, Unit A10 Brooklyn, NY 11226

    For Sale
    $645,000

    Sun-lit one-bedroom across from Parade Grounds and near Prospect Park.

    Lot size:
    0.46 Acres

    Property Features for 55 Parade Pl

    General Information

    Lot size
    0.46 Acres

    Building Details

    Year built
    1927

    Source: Sothebys International Realty Agent Sothebys International Realty

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

    Overview

    Updated One-Bedroom Near Prospect Park

    Located in Prospect Park South, this updated one-bedroom apartment at 55 Parade Place #A10 offers a blend of calm interiors and a convenient location. Situated directly across from Brooklyn’s Parade Grounds and 1.5 blocks from Prospect Park, this home is ideal for first-time buyers or those seeking peaceful city living near green space. The apartment features a gracious entry foyer and a light-filled living/dining area with room to work from home. The renovated, windowed kitchen includes granite counters, stainless appliances, and abundant storage. The king-size bedroom provides a retreat, and there is excellent closet space throughout the unit. Washer/dryer is permitted in-unit with board approval. The pet-friendly co-op building is well-run and offers common laundry, a live-in super, and intercom security. The location provides easy access to Manhattan, Brighton Beach, and Coney Island via the Q & B trains. It is also convenient to the Brooklyn Museum, Brooklyn Botanic Garden, and Brooklyn College. The Parade Grounds at the doorstep offer over 40 acres of fields, dog runs, and a seasonal café.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.964728
    Latitude
    40.651596

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    FAQs

    What type of property is this?
    Apartment building - Sun-lit one-bedroom across from Parade Grounds and near Prospect Park.
    Where is this apartment building located?
    The property is located at 55 Parade Pl, Unit A10 Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $645,000.
    What are key features of this property?
    This property features: - Prime location directly across from Parade Grounds and 1.5 blocks to Prospect Park.; - Renovated, windowed kitchen with granite counters and stainless appliances.; - King-size bedroom.
    Request Owner's contact information
    55 Parade Pl, Unit A10 Brooklyn, NY 11226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55 Parade Pl, Unit A10 Brooklyn, NY 11226
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