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Off market
  • $3,411,600

    509 Park Pl APT 4, Brooklyn, NY 11238

    12beds
    5,600sqft
    MultiFamily
    Built in 1931
    -- sqft lot
    $3,411,600 Zestimate®
    $609/sqft
    $6,095 Estimated rent

    Home value

    $3,411,600

    $3.00M - $3.89M

    $6,095/mo

    Zestimate® history
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    $6,095/mo

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    Rent Zestimate®

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    $20,627/mo

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    $20,627/mo

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    What's special

    Massive income producing 4-Family! Located on the border of Prospect Heights and Crown Heights, just off of Washington Avenue, this 4-Family brick building is one of the largest townhouse footprints you can find in the area. 20' x 70' on an extra DEEP 131' lot, this building has four 3-bedroom rentals and a finished basement. Three (3) of the four rentals have been renovated in 2016/17 with all new kitchens (2 with dishwashers) and new bathrooms to maximize rental income potential. Over 5,000 square feet of living space! A short walk to Franklin Avenue, Vanderbilt Avenue, the Brooklyn Museum, and Prospect Park. Only a few blocks to the 2 / 3 train at Eastern Parkway/Brooklyn Museum and the 4 / 5 express train at Franklin Avenue. Perfect for investors as well as end-users whom can duplex the bottom unit with the basement and take advantage of the deep 131' lot - endless possibility!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 4
    • Full bathrooms: 4
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Interior area
    • Total interior livable area: 5,600 sqft

    Property

    Lot
    • Size: 2,620 Square Feet
    Details
    • Parcel number: 011620065

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1931

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $609/sqft
    • Tax assessed value: $1,338,000
    • Annual tax amount: $14,205

    Price history

    DateEventPrice
    1/13/2020Sold$2,480,000-4.6%$443/sqft
    Source: Public Record Report a problem
    9/13/2019Pending sale$2,600,000$464/sqft
    Source: HomeCanvasr NY, Inc. Report a problem
    12/6/2018Listed for sale$2,600,000$464/sqft
    Source: HomeCanvasr NY, Inc. Report a problem
    10/28/2018Listing removed$2,600,000$464/sqft
    Source: HomeCanvasr NY, Inc. Report a problem
    6/22/2018Price change$2,600,000-5.5%$464/sqft
    Source: HomeCanvasr NY, Inc. Report a problem
    4/12/2018Listed for sale$2,750,000+52.8%$491/sqft
    Source: HomeCanvasr NY, Inc. Report a problem
    7/18/2017Listing removed$3,450$1/sqft
    Source: HomeCanvasr NY, Inc. Report a problem
    7/11/2017Listed for rent$3,450$1/sqft
    Source: HomeCanvasr NY, Inc. Report a problem
    3/25/2016Sold$1,800,000$321/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,205 +2.8%$602,100 +4.9%
    2024$13,822 $574,200 -7.1%
    2023-- $617,850 +8%
    2022-- $571,950 +25%
    2021-- $457,650 -8.8%
    2020$10,957 +3.3%$501,750 -4.2%
    2019$10,608 $523,800 +565%
    2018-- $78,770 +7.9%
    2017$9,282 +6.6%$72,976 +8%
    2016$8,706 $67,574
    2015$8,706 +53.9%$67,574 +3.3%
    2014$5,656 $65,419 +8%
    2013-- $60,593 +7.9%
    2012-- $56,136 +8%
    2011-- $51,980
    2010-- $51,980 +3.3%
    2009-- $50,323 +8%
    2008-- $46,610 +7.9%
    2007-- $43,182 +8%
    2006-- $39,985
    2005-- $39,985 +3.3%
    2004-- $38,710 +8%
    2003-- $35,854 +7.9%
    2002-- $33,217 +8%
    2001-- $30,758
    2000-- $30,758
    Find assessor info on the county website

    Neighborhood: Crown Heights

    Nearby schools

    GreatSchools rating