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Sold
  • $1,925,000

    429 Eastern Pkwy, Brooklyn, NY 11216

    9beds
    3,000sqft
    Multi Family
    Built in 1899
    -- sqft lot
    $2,301,800 Zestimate®
    $642/sqft
    $4,978 Estimated rent

    Home value

    $2,301,800

    $1.93M - $2.72M

    $4,978/mo

    Zestimate® history
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    $4,978/mo

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    $9,293/mo

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    $9,293/mo

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    What's special

    Beautiful original detailsAmple spaceOriginal charmSpacious floorsFull basementPicturesque eastern parkwayLarge front yard
    Welcome to 429 Eastern Parkway – A Remarkable Opportunity for Homeowners and Investors Alike! This vacant 3-family townhouse offers incredible potential for both personal use and income generation. Located on the iconic Eastern Parkway, this property presents a rare chance to create your dream home or maximize its investment potential. Key Features: • 4-Story Townhouse: Offering three spacious floors plus a full basement, this home is full of untapped potential for renovation and customization. • Generous Dimensions: The building spans 20 feet by 50 feet on all four floors, providing ample space for living and rental units. The lot itself is 20 feet by 85.5 feet. • Original Charm: This townhouse retains many beautiful original details that can be restored and brought to life with a thoughtful renovation. • Income-Generating Opportunity: Live on one or two floors while the rental units help cover your mortgage – an ideal setup for homeowners and investors. Additional Highlights: • Large front yard overlooking the picturesque Eastern Parkway • Just one block from the Franklin Ave Train Station for easy commuting • Surrounded by an abundance of dining, cafes, bars, and the serene Prospect Park Offered at $1.995M, this property is ready to be transformed into something extraordinary. Don’t miss out on this rare chance to invest in one of Brooklyn’s most desirable locations!

    Zillow last checked:

    Listing updated:

    Listed by:

    Rafael Gutnick,

    Lang Realty LLC

    Source: StreetEasy,MLS#: S1762437

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Features
    • Patio & porch: Other
    • Exterior features: Courtyard, Garden
    Details
    • Parcel number: 012600035
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1899

    Community & HOA

    Community
    • Subdivision: Crown Heights
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $642/sqft
    • Tax assessed value: $1,859,000
    • Annual tax amount: $6,192
    • Date on market: 3/28/2025

    Price history

    DateEventPrice
    9/25/2025Sold$1,925,000+31%$642/sqft
    Source: Public Record Report a problem
    4/1/2025Sold$1,470,000-26.3%$490/sqft
    Source: Public Record Report a problem
    3/28/2025Listed for sale$1,995,000+10.8%$665/sqft
    Source: StreetEasy #S1762437 Report a problem
    8/13/2024Listing removed$1,800,000$600/sqft
    Source: StreetEasy #1722975 Report a problem
    8/1/2024Price change$1,800,000-5.3%$600/sqft
    Source: StreetEasy #1722975 Report a problem
    6/19/2024Listed for sale$1,900,000+458.8%$633/sqft
    Source: StreetEasy #1722975 Report a problem
    4/21/2000Sold$340,000$113/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,489 +4.7%$111,540 +11.3%
    2024$6,197 $100,200 +5.3%
    2023-- $95,160 +4.5%
    2022-- $91,080 +2.8%
    2021-- $88,560 -13.1%
    2020$5,769 +6%$101,940 +2.5%
    2019$5,442 +1.2%$99,420 +286.7%
    2018$5,379 +3.4%$25,712 +0.8%
    2017$5,201 +10.5%$25,516 +6%
    2016$4,707 $24,073 +6%
    2015$4,707 +62.1%$22,711 +6%
    2014$2,903 $21,427
    2013-- $21,427 +0.8%
    2012-- $21,264 +6%
    2011-- $20,061 +6%
    2010-- $18,926 +6%
    2009-- $17,856
    2008-- $17,856 +0.8%
    2007-- $17,720 +6%
    2006-- $16,718 +6%
    2005-- $15,772 +6%
    2004-- $14,880
    2003-- $14,880 +0.8%
    2002-- $14,767 +6%
    2001-- $13,932 +6%
    2000-- $13,144
    Find assessor info on the county website

    Neighborhood: Crown Heights

    Nearby schools

    GreatSchools rating