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Listing Courtesy of Compass
$4,795,000
Est. payment /mo
6 Beds
7 Baths
2,827 SqFt
New
11 Park Place Brooklyn, NY 11217
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,827 sqft
Price per Sqft $1,696
Subdivision Park Slope
MLS Listing ID RLS20043261
Bedrooms 6
HOA Y/N Yes
Year Built 1899
Annual Tax Amount $9,804
Property Sub-Type Multi Family
Property Description
Welcome to 11 Park Place, a rare opportunity in the heart of prime Park Slope.
This fully renovated 3-unit townhouse combines modern living with excellent income potential in one of Brooklyn's most desirable neighborhoods. Each residence has been thoughtfully updated with hardwood floors, spacious layouts, sleek kitchens with stainless steel appliances, and in-unit washer/dryers—making it completely turnkey for both residents and investors.
For those looking to live in Park Slope while leveraging rental income, this property offers the best of both worlds. Unit 1, currently available, is a spacious two-bedroom, two-and-a-half-bath duplex featuring a huge finished cellar level with direct access to a large private backyard and deck—perfect for indoor-outdoor living. With two additional units already leased and generating strong returns, an owner-occupant can enjoy a beautifully renovated home while offsetting expenses through rental income. For investors, it's a prime addition to any portfolio, with immediate cash flow in place.
Current rent roll:
Unit 1: Currently listed at $9,000/month
Unit 2: Leased at $7,000/month
Unit 3: Leased at $7,500/month
Ideally located just blocks from Prospect Park, multiple subway lines, Barclays Center, and Park Slope's endless shopping and dining, this property checks all the boxes for both lifestyle and investment.
Contact us today for the full rent roll and expense breakdown. Don't miss the chance to own a fully renovated, high-income property in one of Brooklyn's most sought-after neighborhoods.
This fully renovated 3-unit townhouse combines modern living with excellent income potential in one of Brooklyn's most desirable neighborhoods. Each residence has been thoughtfully updated with hardwood floors, spacious layouts, sleek kitchens with stainless steel appliances, and in-unit washer/dryers—making it completely turnkey for both residents and investors.
For those looking to live in Park Slope while leveraging rental income, this property offers the best of both worlds. Unit 1, currently available, is a spacious two-bedroom, two-and-a-half-bath duplex featuring a huge finished cellar level with direct access to a large private backyard and deck—perfect for indoor-outdoor living. With two additional units already leased and generating strong returns, an owner-occupant can enjoy a beautifully renovated home while offsetting expenses through rental income. For investors, it's a prime addition to any portfolio, with immediate cash flow in place.
Current rent roll:
Unit 1: Currently listed at $9,000/month
Unit 2: Leased at $7,000/month
Unit 3: Leased at $7,500/month
Ideally located just blocks from Prospect Park, multiple subway lines, Barclays Center, and Park Slope's endless shopping and dining, this property checks all the boxes for both lifestyle and investment.
Contact us today for the full rent roll and expense breakdown. Don't miss the chance to own a fully renovated, high-income property in one of Brooklyn's most sought-after neighborhoods.
Location
State NY
County Kings
Rooms
Basement Full
Interior
Interior Features Breakfast Bar, Eat-in Kitchen, High Ceilings
Heating Central
Cooling Central Air
Flooring Hardwood
Furnishings Unfurnished
Fireplace No
Appliance Dishwasher
Laundry In Unit, See Remarks
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
View Y/N No
Private Pool No
Building
Dwelling Type Multi Family
Story 3
New Construction No
Others
Ownership None
Monthly Total Fees $817
Pets Allowed Building No, No
RLS Data display by New York (LondonFosterNY.com)