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296 Park Place
House in Prospect Heights •  building info
4bd • 4ba • 3,804ft² $736 per ft²
List Price

$2,800,000

Key Details
Days on market
146
Last price change
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Estimated payment
$17,390
Taxes
$1,045
Monthly maintenance
N/A
Description
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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Important Stuff
Washer/Dryer in unit
Listing Amenities
Hardwood floors
Building Amenities
Parking Available
Building info

History
What it'll cost
Purchase price
$2,800,000
Asking Price: $2,800,000
Term
30 Years
Down Payment
$280,000 (10%)
Min: 10% (280,000)
Rate
6.75 %
Mortgage Amount
$2,520,000
Mortgage Payment
$16,345
Taxes
$1,045
Estimated closing cost
$102,000
Total monthly cost $17,390
Listing Courtesy of Keller Williams Legendary

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