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Off market
  • $1,581,400

    881 Park Ave, Brooklyn, NY 11206

    5beds
    1,925sqft
    MultiFamily
    Built in 1899
    -- sqft lot
    $1,581,400 Zestimate®
    $822/sqft
    $4,563 Estimated rent

    Home value

    $1,581,400

    $1.45M - $1.72M

    $4,563/mo

    Zestimate® history
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    $4,563/mo

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    $9,544/mo

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    $9,544/mo

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    What's special

    INVESTMENT OPPORTUNITY! 881 Park Avenue in Brooklyn is the perfect two family investment with a high cap rate! Situated on the cusp of East Williamsburg and Bedford Stuyvesant! This sumptuous brick townhouse is made up of a spacious three-bedroom duplex with interior access to a finished recreational room in the basement, over a large two-bedroom / two-bathroom garden unit. Enter on the parlor level to find a completely functional open concept layout with the perfect flow for entertaining. The sleek new kitchen features all-new Fisher and Paykel stainless steel appliances. A glass door flanked by windows in the back brings in gorgeous natural light and opens to a large private deck with stairs to the garden. On the top floor, you'll find three well-proportioned bedrooms including the generous master suite with two closets, as well as two stylish baths. The beautifully finished garden apartment is a two-bedroom, two-bathroom floor-thru with access to the garden. Additional features include central air conditioning, plenty of recessed lighting, laundry hook-ups in both units and plenty of closet space. Located a stone's throw away from the J/M line at Flushing, your commute to Manhattan has never been easier! Call or email to schedule a private showing today!

    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: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Interior area
    • Total interior livable area: 1,925 sqft

    Property

    Lot
    • Size: 1,767 Square Feet
    Details
    • Parcel number: 015790044

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1899

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $822/sqft
    • Tax assessed value: $1,095,000
    • Annual tax amount: $2,708

    Price history

    DateEventPrice
    3/26/2021Sold$1,450,000-3.3%$753/sqft
    Source: Public Record Report a problem
    12/26/2020Pending sale$1,499,995$779/sqft
    Source: Corcoran Report a problem
    9/2/2020Price change$1,499,995-3.2%$779/sqft
    Source: Corcoran Report a problem
    8/7/2020Price change$1,549,995+3.7%$805/sqft
    Source: Corcoran Report a problem
    8/4/2020Listed for sale$1,495,000$777/sqft
    Source: Corcoran Report a problem
    3/17/2020Listing removed$1,495,000$777/sqft
    Source: Corcoran - BK Bedford - Stuyvesant #5730026 Report a problem
    12/19/2019Listed for sale$1,495,000$777/sqft
    Source: Corcoran #5730026 Report a problem
    8/30/2019Listing removed$1,495,000$777/sqft
    Source: Corcoran #5730026 Report a problem
    6/4/2019Price change$1,495,000-6.3%$777/sqft
    Source: Corcoran #5730026 Report a problem
    4/24/2019Listed for sale$1,595,000+82.3%$829/sqft
    Source: Corcoran #5730026 Report a problem
    8/14/2018Sold$875,000-32.6%$455/sqft
    Source: Public Record Report a problem
    6/27/2017Listing removed$1,299,000$675/sqft
    Source: Exit All Seasons Realty Report a problem
    2/7/2017Listed for sale$1,299,000+57.5%$675/sqft
    Source: Exit All Seasons Realty Report a problem
    1/17/2015Listing removed$825,000$429/sqft
    Source: Exit All Seasons Realty #386576 Report a problem
    11/26/2014Listed for sale$825,000$429/sqft
    Source: Exit All Seasons Realty #386576 Report a problem
    10/3/2014Listing removed$825,000$429/sqft
    Source: Exit All Seasons Realty #386576 Report a problem
    6/19/2014Listed for sale$825,000+286.7%$429/sqft
    Source: Annapolis Accommodations, Inc. #386576 Report a problem
    3/16/2006Sold$213,333$111/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,708 +4.6%$65,700 -13.2%
    2024$2,590 $75,720 -14.3%
    2023-- $88,380 +22.1%
    2022-- $72,360 +11%
    2021-- $65,160 +2.8%
    2020$2,408 +5.8%$63,360 +25.7%
    2019$2,275 +2%$50,400 +372.9%
    2018$2,229 +8.7%$10,657 +5.9%
    2017$2,051 +10.5%$10,059 +6%
    2016$1,856 $9,492 +0.1%
    2015$1,856 +62.2%$9,478 +5.8%
    2014$1,145 $8,956 +0.8%
    2013-- $8,881 +5.9%
    2012-- $8,383 +6%
    2011-- $7,910 +0.1%
    2010-- $7,899 +5.8%
    2009-- $7,464 +0.9%
    2008-- $7,401 +5.9%
    2007-- $6,986 +6%
    2006-- $6,592 +0.1%
    2005-- $6,583 +5.8%
    2004-- $6,220 +0.8%
    2003-- $6,168 +5.9%
    2002-- $5,822 +6%
    2001-- $5,494 +0.1%
    2000-- $5,486
    Find assessor info on the county website

    Neighborhood: Bedford-Stuyvesant

    Nearby schools

    GreatSchools rating