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$5,109,000
List Price: $5,200,000
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405 Park Place

Townhouse in Prospect Heights •  building info
6bd • 4.5ba • 3,440ft² • $1,512 per ft²
Buy with Yoreevo

$5,109,000

List Price

$5,200,000

Key Details
Days on market
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Last price change
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Estimated payment
$30,352/mo
Taxes
$771/mo
Maintenance
N/A
Description
Welcome to 405 Park Place, a beautiful four-story, three-family brownstone on one of the most sought-after, tree-lined blocks in vibrant Prospect Heights, Brooklyn. Set on an extra-deep 131 foot lot, this home offers space, character, and the potential to generate six-figure annual rental income. The owner's garden parlor duplex features a spacious eat-in country-style kitchen, a formal dining room and living room that flow together in an open-concept layout, and a convenient half bath. Upstairs, the parlor floor serves as the private living quarters, featuring two bedrooms, each with its own en-suite bathroom. The grand parlor room, currently used as a bedroom, features oversized windows, stained glass transoms, high ceilings, and a decorative ceiling medallion. Throughout the home, original details add warmth and character, including original hardwood floors, pocket doors, five-panel wood doors, detailed baseboard moldings, built-in cabinetry, an ironing board cabinet, cedar-lined closet, French doors, tin ceiling, and original bannister with spindles and newel post. The parlor-level foyer retains its grand original entry doors and pier mirror. Each unit has its own washer and dryer, dishwasher, microwave, and central heating and air conditioning with stainless steel LG appliances. Additional storage is available in the basement. For buyers looking to own a piece of Brooklyn history while creating substantial rental income, four o five Park Place offers a rare combination of historic character, generous space, and income-producing potential.

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Important Stuff
Washer/Dryer in unit
Home features
Dishwasher
Hardwood floors
Storage Available
Building amenities
Services and facilities
Bike Room
Laundry in Building
Building info

History
What it'll cost
Purchase price
$5,200,000
Asking Price: $5,200,000
Term
30 Years
Down Payment
$520,000 (10%)
Min: 10% (520,000)
Rate
6.5 %
Mortgage Amount
$4,680,000
Mortgage Payment
$29,581
Taxes
$771
Estimated Yoreevo rebate
$91,000
Estimated closing cost
$237,000
Total monthly cost $30,352
Buy your dream home with us and get an estimated
$91,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Compass

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