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Multi Family, 1070 PARK Place #, Crown Heights North - Real Estate Brooklyn :: Brick&Mortar LLC

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Status: Active

1070 PARK Place, #

Crown Heights North

$3,999,999
 |  20 Beds  |  5.5 Baths  |  6,400SF

Description

Prime Crown Heights Free-Market 5-Family Overlooking Brower Park – Excellent Investment!

Welcome to 1070 Park Place, a rare pre-war 5-family property ideally positioned between Brooklyn Avenue and Kingston Avenue, directly overlooking the serene Brower Park and opposite the Brooklyn Children's Museum. This well-maintained brick building offers a unique blend of immediate income potential and long-term upside, perfectly suited for investors or end-users seeking a foothold in one of Brooklyn’s most dynamic and appreciating neighborhoods.

The combination of location and building layout presents tremendous upside potential. The basement, featuring 8-foot ceilings, can easily be transformed into an additional income-generating unit or amenity space, further enhancing overall returns.

The property consists of five spacious residential units:
• (3) Four-Bedroom, Two-Bath Apartments
• (1) Three-Bedroom, One-Bath Apartment
• (1) One-Bedroom, One-Bath Apartment

Several units are currently occupied by fee-paying tenants, while others are occupied by family members, allowing the building to be delivered vacant upon closing—a rare and valuable feature ...
More >

Property Details

  • Multi Family

Amenities

  • Private Outdoor Space Over60 Sqft
  • View: Other
  • Smoke Free
  • Pets: Building Yes, No

The Neighborhood

Crown
Heights
Crown Heights North

Crown Heights North Guide ›
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For information on 1070 PARK Place, # contact:

realtor top real estate agent

Balazs Bagameri

Licensed Associate Broker

Licensed Associate Broker
balazs@resoft.ai

Listing courtesy of Brown Harris Stevens Brooklyn LLC

Balazs Bagameri

Licensed Associate Broker
balazs@resoft.ai

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