897 Park Place
Brooklyn, NY 11216
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Bed
0
Bath
0.09Acre(Lot)
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 a
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Basement: Full -
Interior Features
Other -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Other Cooling: None
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Building Information
Year Built: 1915 Building Area Total: 7292 Private Pool: No
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Lot Information
Lot Size Acres: 0.0864 Lot Size Square Feet: 3765
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Listing Price Information
Listing Price: $2499999 Original Price: $2500000
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Tax Information
Parcel Number: 01234-0051 Annual Tax: $6958
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Parking Information
Carport
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Utility Information
Electricity Connected -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1330 Dean Street, Brooklyn, NY, 11216 | $2,459,000 | -- | 3 | -- | |
| 288 New York Avenue, Brooklyn, NY, 11216 | $1,550,000 | -- | 8 | -- | |
| 1334 Pacific Street, Brooklyn, NY, 11216 | $1,650,000 | 6 | -- | -- | |
| 263 Hancock Street, Brooklyn, NY, 11216 | $2,400,000 | -- | -- | -- | |
| 345 Quincy Street #A, Brooklyn, NY, 11216 | $2,499,000 | 5 | 4 | -- | |
| 217 Kosciuszko Street #2, Brooklyn, NY, 11216 | $3,500,000 | -- | -- | -- | |
| 1191 Dean Street, Brooklyn, NY, 11216 | $2,999,500 | -- | -- | -- | |
| 715 Dekalb Avenue, Brooklyn, NY, 11216 | $2,795,000 | 8 | 6 | 3,432 | 3,432 SqFt |
| 86 Rogers Avenue, Brooklyn, NY, 11216 | $1,600,000 | -- | 3 | 3,960 | 3,960 SqFt |
| 64 Hancock Street, Brooklyn, NY, 11216 | $2,299,999 | -- | -- | -- |
Similar Multifamily To 897 Park Place
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ByOwner last updated this listing 06/06/2026 @ 22:47
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