Crown Heights Multi-Family Redevelopment

Attention developers! Please present all offers on this historic limestone and brick Crown Heights multi-unit residence. 847 Park Place is currently composed as a one (1) family duplex with five (5) single-room units spread across the upper two (2) floors. Proposed plans to redevelop and expand on the existing structure allowing for a four (4) family residence has been submitted to the Department of Buildings.

Perfectly positioned on one of Crown Heights' picturesque tree-lined blocks, 847 Park Place is moments from Prospect Park, the Brooklyn Botanic Garden, the Brooklyn Museum, and neighborhood favorites including Berg'n, Mayfield, and Catfish. Multiple nearby subway lines-including the 2, 3, 4, 5, A, C, and S trains-provide convenient access throughout Brooklyn and Manhattan.

Property Overview

✓ Lot:  25' X 127.75' or 3,194 SF
✓ One (1) Family w/ Five (5) Single Room Occupancy Units
✓ Living Space:  +/- 3,194 SF
✓ Neighborhood:  Crown Heights
✓ .3 Miles from the Nostrand Ave. / Eastern Pkwy. Subway Station
✓ Location:  On Park Place between Nostrand and New York Avenues
✓ Three (3) Story Walk-Up
✓ Shared Driveway
✓ Block/Lot:  01234-0073

Tenancy Status

This building will be delivered fully vacant with a Certificate of Non-Harassment, and free and clear of all tenancies, leases, and occupancies by closing.

Inspections / Showings

By Appointment Only.    

Basic Terms of Sale

This property will be delivered in “as-is, where-is” condition. This property will be sold free and clear of all liens, claims, and encumbrances. Any sale of this property is "all-cash" and will not be contingent upon financing.

Disclosure

All information provided by MYC & Associates, Inc. is from public documents or third-party sources, is not guaranteed and should be independently verified. The information herein is subject to errors and omissions. The subject property may be sold or withdrawn from the market without notice. MYC & Associates, Inc. does not represent or warrant the accuracy, authenticity, or completeness of any information and is not liable for any reliance thereon.