11 Park Place, Brooklyn, NY 11217

$4,795,000
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Pending
BEDS6 BATHS6 full 1 partial SQUARE FEET3,500 MLS#RLS20043261
STATUSPending PROPERTY TYPEResidential - SUBDIVISIONPark Slope

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 Brooklyns 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, its a prime addition to any portfolio, with immediate cash flow in place.Current rent roll:Unit 1: Currently listed at $9,000/monthUnit 2: Leased at $7,000/monthUnit 3: Leased at $7,500/monthIdeally located just blocks from Prospect Park, multiple subway lines, Barclays Center, and Park Slopes 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. Dont miss the chance to own a fully renovated, high-income property in one of Brooklyns most sought-after neighborhoods.

11 Park Place | MLS# RLS20043261

This home located at 11 Park Place, Brooklyn, NY 11217 is currently listed for sale with an asking price of $4,795,000. This property was built in 1899 and has 6 bedrooms and 6 full and 1 partial baths with 3500 sq. ft. Park Place is located in the Park Slope subdivision. Search Park Slope real estate on www.joycerealty.com today.

Property Features

Property Type: Residential -
Basement: Full
Cooling: Central Air
Heating: Central
Lot Size: 0.04 Acres
Stories: 3.0
Taxes: $9,804
Year Built: 1899

Amenities

Breakfast Bar
Eat-in Kitchen
High Ceilings
Private Outdoor Space Over 60 Sqft

Feature Descriptions

Appliances: Dishwasher
Days on Site: 316
Flooring: Hardwood
Laundry: In Unit, See Remarks
Lot Dimensions: 17.670000x100.000000
Parcel#: 00938-0078
Pets Allowed: Building No, No
Units: 3

Listed By / Shown By

Listed By

Agency Name: Compass
Agency Phone: (212) 913-9058

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 12,887.13 per month $10,671.59 Principal & Interest $817.00 Property Tax $1,398.54 Homeowner's Insurance

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