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  • $1,950,000

    565 Eastern Pkwy, Brooklyn, NY 11216

    6beds
    3,000sqft
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    Multi Family
    Built in 1901
    -- sqft lot
    $1,952,800 Zestimate®
    $650/sqft
    $-- HOA

    What's special

    Three spacious living floorsFull cellar
    Welcome to 565 Eastern Parkway – A Remarkable Opportunity for Homeowners and Investors Alike! This vacant 2-family townhouse offers exceptional potential for both personal use and income generation. Located on the iconic Eastern Parkway, this is a rare opportunity to create your dream home or maximize its investment potential in one of Brooklyn's most sought-after neighborhoods. Boasting an impressive footprint, this is a great-sized townhouse with tremendous upside. The property requires a full renovation, making it the perfect opportunity to bring your contractor and vision to create a truly spectacular home tailored to your needs. Key Features: 3-Story Townhouse: Three spacious living floors plus a full cellar, offering endless possibilities for redesign and customization. Separate entrance for garden level apartment Generous Dimensions: The building measures 20' × 50' on all four levels and sits on an expansive 20' × 100' lot. Flexible Owner's Layout: An ideal opportunity to create a spacious owner's duplex on the upper floors while renting out the garden apartment for additional income to help offset your mortgage. Excellent Investment Potential: A rare value-add opportunity in a prime Brooklyn location. Additional Highlights: Large front yard overlooking the picturesque Eastern Parkway 30-foot backyard Just moments from the Nostrand Ave, Kingston Ave, and Franklin Ave subway stations Surrounded by an abundance of restaurants, cafés, bars, and just minutes from Prospect Park Offered at $1.95M, this is an exceptional opportunity to restore and customize a classic Brooklyn townhouse exactly to your taste. Whether you're an end user looking to create your forever home or an investor seeking a value-add project, 565 Eastern Parkway offers tremendous upside. Don't miss this rare opportunity to bring your contractor and transform this property into something truly extraordinary
    2 days
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    263
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    11
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Lang Realty LLC 305-890-1374,

    Rafael Gutnick

    Source: StreetEasy,MLS#: S1837976

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 3,000
      • Total interior livable area: 3,000 sqft

      Property

      Features
      • Patio & porch: Other
      • Exterior features: Garden
      Details
      • Parcel number: 012620061
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1901

      Community & HOA

      Community
      • Subdivision: Crown Heights
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $650/sqft
      • Tax assessed value: $1,823,000
      • Annual tax amount: $7,956
      • Date on market: 7/13/2026

        Estimated market value

        $1,952,800

        $1.86M - $2.05M

        $4,118/mo

        Price history

        DateEventPrice
        7/13/2026Listed for sale$1,950,000+34.5%$650/sqft
        Source: StreetEasy #S1837976 Report a problem
        6/9/2026Sold$1,450,000$483/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,742 +2.6%$109,380 +1.4%
        2024$7,546 $107,880 +2.2%
        2023-- $105,600 +7.3%
        2022-- $98,460 -8.8%
        2021-- $108,000 +1.1%
        2020$6,882 +3.8%$106,800 +6.3%
        2019$6,627 +7.3%$100,500 +240.2%
        2018$6,179 +8.8%$29,539 +6%
        2017$5,681 +4.3%$27,867
        2016$5,449 $27,867 +2.9%
        2015$5,449 $27,094 +3.8%
        2014-- $26,092 +6%
        2013-- $24,616 +6%
        2012-- $23,223
        2011-- $23,223 +2.9%
        2010-- $22,579 +3.8%
        2009-- $21,744 +6%
        2008-- $20,514 +6%
        2007-- $19,353
        2006-- $19,353 +2.9%
        2005-- $18,816 +3.8%
        2004-- $18,120 +6%
        2003-- $17,095 +6%
        2002-- $16,128
        2001-- $16,128 +2.9%
        2000-- $15,680
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Crown Heights

        Getting around

        97 / 100
        Walker's Paradise
        90 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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