16 Park Place Brooklyn, NY $ 2,995,000
16 Park Place
$ 2,995,000
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16 Park Place

Brooklyn, NY, 11217
$ 2,995,000
Bedrooms5 Baths3.0 Sq 3,600

Monthly Estimate*

$ 19,906

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Multi-Family Home for sale in Brooklyn, NY

for $2,995,000 with 5 bedrooms and 3 full baths. This 3,600 square foot home was built in 1901.

** PROPERTY NEEDS TLC, BRING YOUR ARCHITECT** Welcome to 16 Park Place, an ideally located 20 foot wide 3 family townhouse. The current set up is a floor through 1 bedroom on the garden, a floor through 1 bedroom on the parlor, and a 3 bedroom duplex with a private terrace on the top two floors. The house works perfectly for an investor looking to expand their portfolio, or an end user looking for a project to create their perfect North Slope townhouse. The garden floor has a private entrance under the stoop. A hallway leads you to the living space which is large and open to the kitchen. The kitchen has butcher block countertops, stainless steel appliances and lots of cabinet storage space. It also leads out the backyard which has a wooden patio and measures 20x34 feet. The bedroom is king sized and is located at the front of the apartment. Access to the basement is in this apartment. The parlor floor apartment is entered into from the vestibule up the stoop. With ceilings that measure over 11 feet, the light is abundant and the feeling is grand. The kitchen is at the back of the apartment and has recently been renovated. It also has windows that overlook the backyard. From the vestibule is the entrance to the top floor duplex. A large eat in kitchen leads out to the private terrace, a rare set up for a third floor apartment. The front of the apartment has a grand living room with three large windows with views of Downtown Brooklyn. There is also a perfect office nook off of the living room. Upstairs there are two large bedrooms and two classic 1 window townhouse bedrooms. Located in the bustling North Slope, just up from 5th Avenue which Timeout just voted as NYC’s coolest street. Train access couldn't be better with Atlantic Terminal a few blocks away. Prospect Park is a short distance away as well. 16 Park Place has been maintained by the same owner for the last 40 years. Please call for more information.

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Multi-Family Active

Price

$ 2,995,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,672

Style

MultiFamily

Year Built

1901

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

COMP1570358936232419913

Features
General
Exterior Features Balcony
HOA 0.0
Patio/Porch Features Balcony
Pets Allowed BuildingNo CatsOK DogsOK
Year Built 1901
Property SubType MultiFamily
Assoc Fee Paid Per Monthly
County Kings
New Construction No
Property Type Residential
Attached Garage No
Subdivision Name Park Slope
Garage Y/N No
Total Rooms 12
City NewYorkCity
Total Units 3
Street Name Park
Tax Annual Amount 9672.0
Structure Type MultiFamily
Building Area Units SquareFeet
Standard Status Active
Tax Lot 14
Expected Active Date 2024-05-06
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Interior
Furnished Y/N Unfurnished
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Full Baths 3
Half Baths 0
Street Suffix Place
Laundry Features SeeRemarks
Total Bedrooms 5
Total Baths 3
Living Area Units SquareFeet
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Exterior
Lot Size Area 0.0
Building Area Total 3600.0
Lot Dimensions 20.000000x100.000000
Lot Size Units SquareFeet
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* Excluded Features
List By
Joseph Ryan

Listing Agent

Compass

Broker

(718) 399-4103

Phone

Affordability Calculator

$20,712
Per Month
96%
4%
0%
Monthly Principal & Interest
$19,906
Monthly Property Taxes
$806
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1503813 Elementary School
1503814 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2024$2,995,000 -9.24% Price Down
5/6/2024$3,300,000 Listed Price

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16 Park Place, Brooklyn, NY, 11217 is a Multi-Family Home for sale at $2,995,000 with 3,600 sqft. 16 Park Place has 5 bedrooms, 3.0 baths, and was built in 1901. The property's zip code is 11217 which is in Brooklyn, NY