897 Park Place, Brooklyn, NY 11216

Brooklyn
Local realty services provided by:ERA Insite Realty Services
897 Park Place,Brooklyn, NY 11216
$2,499,999
  • - Beds
  • - Baths
  • 7,292 sq. ft.
  • Multi-family
  • Active
Listed by: rene attias
Office: attias property group inc
MLS#:965803
Source:OneKey MLS

Price summary

  • Price:$2,499,999
  • Price per sq. ft.:$342.84

About this home

Exceptional investment opportunity in the heart of Crown Heights. 897 Park Place presents a rare chance to acquire a multifamily asset with strong upside potential in one of Brooklyn’s most consistently appreciating neighborhoods. Positioned on a desirable residential block, the lot measures 28.83' x 130.58', with building dimensions of 23' x 75'. Basement ceiling measures 7ft. and parlor level measures 10.2 ft. Possible condo conversion opportunity. Please conduct due diligence and consult with Architect. The property offers multiple value-add strategies through renovation, repositioning, rental optimization, or long-term hold. The building spans five levels. There is space to park a vehicle in the front yard (subject to DOB approval), plus an unattached side exposure that allows for additional natural light along one side of the building. A rear extension was previously added, expanding the total square footage and increasing the functional area within the property. The asset...

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Home facts

  • Year built:1915
  • Listing ID #:965803
  • Added:178 day(s) ago
  • Updated:August 25, 2026 at 11:02 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full
  • Living area:7,292 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1915
  • Building area:7,292 sq. ft.
  • Lot area:0.09 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,499,999
  • Price per sq. ft.:$342.84
  • Tax amount:$6,958 (2025)

Parking

  • Parking description:Carport
  • Carport spaces:1
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