296 Park Place
Brooklyn, NY, 11238 $ 2,800,000
Bedrooms4 Baths4.2 Sq 3,804 Monthly Estimate*
$ 18,610
for $2,800,000 with 4 bedrooms and 4 full baths, 2 half baths. This 3,804 square foot home was built in 1897 on a lot size of 0.06.
A very warm welcome to 296 Park Place, a bona fide 4-bedroom, 4-full bathroom, 2-half bathroom, 3,804 interior square foot, two-family brownstone at the nucleus of flourishing Prospect Heights and nestled on a bucolic block. Each unit within the property is its own two-story duplex, making the entire building structure four stories plus a basement. This property beckons to owner-occupant end buyers yearning for a cosmopolitan lifestyle and who also want to take full advantage of the rich history and diversity that this community has to offer. Tantamountly, this property also appeals to savvy investors who understand the massive return on investment they will reap from restoring this property to its original pre-war charm. The piece de resistance of this home is that each and every bedroom has its own ensuite. The property flaunts some equally notable features; Both levels of unit one are central air conditioned-being outfitted with an HVAC system makes expanding the cooling feature to other levels relatively seamless. The hot water tank is less than a year old, boiler five years old, washer three years old and dryer three years old but never used. When considering potential rental income, each unit is housed with its own electric and gas meters. There is also a skylight on the upper level of the second-floor unit that bathes that space in organic lighting. On the same level, there is a massive hallway walk-in closet with ample storage as well as the additional, versatile hallway alcove that can serve as a reading nook, sitting area or efficient office space. The property, in its entirety, is replete with storage. The new owner will have carte blanche designing the full basement with its high ceilings and open layout. The backyard is also a visionary's playground-the capaciousness lends itself to creating an outdoor esplanade fit for al fresco dining. Equally covetable is the property's surrounding area with some of Brooklyn's most renowned landmarks: Grand Army Plaza, Brooklyn Public Library, Grand Army Plaza's year-round Greenmarket at the Soldiers and Sailors Memorial Arch, Brooklyn Botanic Garden, Brooklyn Museum, Prospect Park & Zoo and of course, the world-famous Barclay Center. The amalgam: a desirable brownstone and encompassing shopping, fine dining, recreation and nightlife aplenty, makes this property among the best that Prospect Heights has to offer in any market, but especially a profoundly low inventory one.
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FeaturesGeneralArchitectural Style Other
High School Acorn Community High School
High School District Brooklyn 13
NumberOfUnitsTotal 2
Lot Size Units Acres
Elementary School Ps 9 Teunis G Bergen
Middle/Junior High School Ms 266 Park Place Community Ms
Building Area Units Square Feet
Living Area Units Square Feet
Middle/Junior School District Brooklyn 13
Elementary School District Brooklyn 13
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* Excluded FeaturesList BySusan ClarkeListing Agent
Keller Williams LegendaryBroker
susan@marilynrichard.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $18,610
- Monthly Property Taxes
- $1,045
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Brooklyn, NY
Average List Price $1,693,318
Percent of Sale Price 40%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
4653096 Elementary School
4100332 Middle School
Acorn Community High School High School
Pricing HistoryDate | Price | Price Change | Description |
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4/3/2024 | $2,800,000 | | Listed Price |