Izvrsna investicijska prilika u srcu Crown Heightsa. 897 Park Place predstavlja rijetku priliku za stjecanje višestambenog objekta s jakim potencijalom rasta u jednom od najstabilnijih kvartova Brooklyna. Smješten na poželjnom stambenom stubištu, parcela mjeri 28,83' x 130,58', a dimenzije zgrade su 23' x 75'. Visina stropa u prizemlju iznosi 7 ft, dok je na razini salona 10,2 ft. Moguća prilika za pretvorbu u kondominij. Molimo provedite due diligence i konzultirajte se s arhitektom.

Nekretnina nudi više strategija za povećanje vrijednosti kroz renovaciju, repositioniranje, optimizaciju najma ili dugoročno zadržavanje. Zgrada se proteže na pet razina. Ima prostora za parkiranje vozila u prednjem dvorištu (uz odobrenje DOB-a), plus nezaštićeni bočni izložak koji omogućava dodatnu prirodnu svjetlost s jedne strane zgrade. Na stražnjoj strani prethodno je dodan proširenje, čime se povećala ukupna kvadratura i funkcionalna površina unutar nekretnine.

Objekt koristi odličnu dostupnost javnog prijevoza, smješten blizu 2/3/4/5 linija podzemne željeznice, A/C vlakova, i samo nekoliko minuta od Franklin Avenue. Okružen je brojnim restoranima, barovima, kafićima, praonama i sadržajima u susjedstvu, te je kratka šetnja do Prospect Parka, Brooklyn Botanic Garden i Brooklyn Museum.

Slične nekretnine pokazuju snažne povrate i najamninu, ova nekretnina nudi i prihod i dugoročan rast. Savršeno za iskusne investitore, kupce 1031 razmjene, developere ili vlasnike koji žele dodati vrijednost kroz promišljen dizajn i renovaciju kako bi iskoristili stalnu snagu tržišta Brooklyna.

Exceptional investment opportunity in the heart of Crown Heights. 897 Park Place presents a rare chance to acquire a multifamily asset with strong upside potential in one of Brooklyn’s most consistently appreciating neighborhoods. Positioned on a desirable residential block, the lot measures 28.83' x 130.58', with building dimensions of 23' x 75'. Basement ceiling measures 7ft. and parlor level measures 10.2 ft. Possible condo conversion opportunity. Please conduct due diligence and consult with Architect.

The property offers multiple value-add strategies through renovation, repositioning, rental optimization, or long-term hold. The building spans five levels. There is space to park a vehicle in the front yard (subject to DOB approval), plus an unattached side exposure that allows for additional natural light along one side of the building. A rear extension was previously added, expanding the total square footage and increasing the functional area within the property.

The asset benefits from excellent transit accessibility, located near the 2/3/4/5 subway lines, the A/C trains, and just minutes to Franklin Avenue. It is surrounded by a plethora of restaurants, bars, coffee shops, laundry facilities, and neighborhood amenities, and is a short walk to Prospect Park, Brooklyn Botanic Garden, and the Brooklyn Museum.

With comparable properties demonstrating strong resale and rental performance, this property offers both income potential and long-term growth. Perfect for seasoned investors, 1031 exchange buyers, developers, or owner-occupants looking to add value through thoughtful design and renovation to capitalize on Brooklyn’s ongoing market strength.