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509 Park Pl
Brooklyn, NY 11238
Great Investment Property in Prospect Heights · Multifamily Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Mid-Rise
Building Class C
Lot Size 0.06 AC
Building Size 5,600 SF
No. Stories 4
Year Built/Renovated 1905/2007
Zoning R6B - R6B As a contextual district, buildings developed in R6B Zoning must comply with Quality Housing Program Regulations.

AMENITIES

UNIT AMENITIES

  • Crown Molding
  • Hardwood Floors
  • Stainless Steel Appliances
  • Yard
  • Garden

ABOUT 509 PARK PL , BROOKLYN, NY 11238

Massive income producing 4-Family! Located on the border of Prospect Heights and Crown Heights, just off of Washington Avenue, this 4-Family brick building is one of the largest townhouse footprints you can find in the area. 20' x 70' on an extra DEEP 131' lot, this building has four 3-bedroom rentals and a finished basement. Three (3) of the four rentals have been renovated in 2016/17 with all new kitchens (2 with dishwashers) and new bathrooms to maximize rental income potential. Over 5,000 square feet of living space! A short walk to Franklin Avenue, Vanderbilt Avenue, the Brooklyn Museum, and Prospect Park. Only a few blocks to the 2 / 3 train at Eastern Parkway/Brooklyn Museum and the 4 / 5 express train at Franklin Avenue. Perfect for investors as well as end-users whom can duplex the bottom unit with the basement and take advantage of the deep 131' lot – endless possibility!

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+1 4 - 1,100

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01162-0065
Land Assessment
$116,550
Improvements Assessment
$485,550
Total Assessment
$602,100
  • Listing ID: 12240121

  • Date on Market: 4/12/2018

  • Last Updated:

  • Address: 509 Park Pl, Brooklyn, NY 11238

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