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Multifamily Property Near Subway
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Pending

792 Park Pl, Brooklyn, NY 11216

Urban residential asset near subway service, Nostrand Avenue retail, and neighborhood bars, restaurants, cafes, and artisan shops.

Property Size9,624 SF
Lot Size0.09 Acres
Days on Market150

Property Features for 792 Park Pl

General Information

Standard status Pending
Size 9,624 SF
Lot size 0.09 Acres
Property subtype Multifamily
Listing Agency: Bestreich Realty Group
Listed By: Investment Property Realty Group · License #NY
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 8 at 3:54AM

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 Bestreich Realty Group

Investment Insights

Based on property information with market context.

792 Park Place is a multifamily property with an approximately 9,624-square-foot building measuring 30 feet by 74 feet. The lot measures 30 feet by 127.75 feet, providing a substantial urban parcel within Brooklyn’s Crown Heights area.

The property sits between Rogers Avenue and Nostrand Avenue, with the 2, 3, and 5 subway lines within walking distance. Retail along Nostrand Avenue is nearby, along with bars, restaurants, cafes, and artisan shops in the surrounding Crown Heights neighborhood.

Key Highlights

  • Approximately 9,624‑square‑foot multifamily building
  • 30 feet by 74 feet building dimensions
  • 30 feet by 127.75 feet lot dimensions

Property Analytics

Current Use

International Wordsmith Charitable Organization

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Real Estate Agency Nursing Home Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

6,503
Businesses Nearby

Demographics for 11216, NY

61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Urban residential asset near subway service, Nostrand Avenue retail, and neighborhood bars, restaurants, cafes, and artisan shops.
Where is this multifamily property located?
The property is located at 792 Park Pl Brooklyn, NY.
What are key features of this property?
This property features: Approximately 9,624‑square‑foot multifamily building; 30 feet by 74 feet building dimensions; 30 feet by 127.75 feet lot dimensions
More about this property
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