1070 Park Place, located between Kingston & Brooklyn Avenue in Crown Heights Brooklyn. This occupied, 5 unit, free-market building was constructed in 1931. The 4 story (45ft) structure has recently been updated with little to no repairs needed. The ground floor consists of 2 × 1-bedroom units, 1 front and 1 back, (unfinished basement). The second floor (Parlor), Third floor, and (Top) floor are 3 bedrooms with one full bathroom and one-half bath. With low annual operational cost, including low taxes and rising rents an investor can easily expect a strong rate of return. Built size: 21 X 85ft Lot size: 21 X 125ft SQ FT 6,040 Taxes: (2A) $13,908 Located in Central Crown Heights on a residential one-way street directly across from Brower Park, just a few blocks off the 2, 3,4 Subway lines and a short distance from Prospect Park. The surrounding neighborhood offers many options for shops, cafes, bars, restaurants, grocery stores and more.
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