- For Sale $5,100,000
- Property Type Multi-Family
- Property Size 5,562 SF
- Lot Size 0.06 Acre
- Year Built 1915
- Date Updated Jan 7, 2022
New York Multifamily at Marcus & Millichap is pleased to present to market 204 Park Place. This is a beautifully maintained 5-unit brownstone two blocks north of Prospect Park. This is one of the most sought-after residential areas in Brooklyn and near major transportation. The building has been immaculately maintained by ownership with recent significant capex. Brand new water heater, new boiler, façade work, etc… There is untapped potential in converting the large 2BR units into 3BR’s by simply adding one wall. Floorplans available just contact broker. Further value remains in tapping into the unused Cellar space with good ceiling height. Owners have not raised rents in 6 years, which is why there is considerable slack between market and actuals. Building is fully occupied with first lease rolling over in Feb ’22, the others roll between March-August.
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Contacts
Location
Getting Around
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Walk Score ®
98/100 Walker's Paradise -
Transit Score ®
100/100 Rider's Paradise -
Bike Score ®
93/100 Biker's Paradise
- City Brooklyn, NY
- Neighborhood Prospect Heights
- Zip Code 11238
- Market Brooklyn
Points of Interest
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7th Avenue
0.06 miles
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Grand Army Plaza
0.14 miles
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Bergen Street
0.34 miles
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International Car Service
0.41 miles
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Arecibo
0.44 miles
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Eastern Parkway - Brooklyn Museum
0.50 miles
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Eastern Parkway–Brooklyn Museum
0.50 miles
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Clinton–Washington Avenues
0.52 miles
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Atlantic Avenue–Barclays Center
0.60 miles
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Atlantic Terminal
0.62 miles
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Tesla Supercharger
0.50 miles
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Sunoco
0.57 miles
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Tesla Supercharger
0.65 miles
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Shell
0.71 miles
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Shell
0.73 miles
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plugNYC
0.86 miles
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Mobil
0.94 miles
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BP
1.20 miles
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Sunoco
1.28 miles
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BP
1.29 miles
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Rapid Park
0.29 miles
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Underhill Garage
0.30 miles
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Garfield Garage
0.43 miles
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Cielo Garage
0.50 miles
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The Brooklyn Museum and Botanic Garden
0.57 miles
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Car Park Systems
0.96 miles
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Ultra Car Park Systems
1.01 miles
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Edison ParkFast
1.17 miles
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Edison ParkFast
1.40 miles
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The Parking Club
1.43 miles
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Union Hotel
0.64 miles
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Towneplace Suites
0.69 miles
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Fairfield Inn
0.69 miles
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Holiday Inn Express Brooklyn
0.70 miles
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The Baltic Hotel
0.85 miles
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Hotel le Bleu
0.87 miles
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Even Hotel Brooklyn, an IHG Hotel
0.93 miles
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Holiday Inn Brooklyn Downtown
0.94 miles
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The Brooklyn Hotel
1.06 miles
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The Brooklyn Riviera Hostel
1.09 miles
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Dunkin'
0.04 miles
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Wing Wagon
0.05 miles
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Autumn Asian Restaurant
0.05 miles
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Chipotle
0.06 miles
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Kami
0.06 miles
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El Paso
0.06 miles
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Fausto
0.07 miles
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Antonio's Pizza
0.08 miles
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Sweet Chick
0.08 miles
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Sushi Lin
0.09 miles
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North Star Academy M.S. 340
0.09 miles
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Luria Academy of Brooklyn
0.19 miles
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The Roberts Field School
0.26 miles
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PS 9 Sarah Smith Garnet School
0.27 miles
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Berkeley Carroll School
0.32 miles
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Park Place Community Middle School
0.32 miles
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P.S. K077
0.32 miles
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St. Francis Xavier Catholic Academy
0.34 miles
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Public School 282
0.35 miles
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Brooklyn School for Career Development
0.41 miles
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Montessori Day School of Brooklyn
0.09 miles
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Park Slope Child Care Collective
0.17 miles
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Eladia's Kids
0.22 miles
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Roots & Wings Daycare
0.29 miles
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Kidville
0.30 miles
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Brooklyn Preschool of Science
0.30 miles
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The Tiny Scientist
0.33 miles
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Old First Nursery School
0.37 miles
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Tiny Steps Daycare
0.37 miles
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nykidsclub
0.41 miles
Frequently Asked Questions
What is the lease rate for 204 Park Place?
Rental asking rate at 204 Park Place is $2,550,000.00/YR.
What is the total square footage of 204 Park Place?
204 Park Place totals 5,562 square feet.
When was this property built?
204 Park Place was built in 1915.
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