Opòtinite envestisman eksepsyonèl nan kè Crown Heights. 897 Park Place prezante yon chans ra pou akeri yon byen multifamil ki gen yon gwo potansyèl nan youn nan katye Brooklyn ki ap valorize konstantman yo. Li sitiye sou yon blòk rezidansyèl dezirab, pak la mezire 28.83' x 130.58', ak dimansyon bilding lan se 23' x 75'. Plafon nan sousòl la mezire 7pye, epi nivo sal la mezire 10.2 pye. Gen opòtinite pou konvèti an kondominyòm. Tanpri fè dilijans yo e konsilte ak yon Achitèk.

Byen an ofri plizyè estrateji pou ajoute valè atravè renovasyon, repositionnement, optimize lwaye, oswa kenbe pou yon long tèm. Bilding lan gen senk nivo. Gen espas pou pakin yon machin nan jaden an devan (sujè a apwobasyon DOB), plis gen yon ekspoze sou bò ki pa atache ki pèmèt plis limyè natirèl sou yon bò bilding lan. Yon ekstansyon dèyè te ajoute anvan sa, agrandi total kare a ak ogmante zòn fonksyonèl la andedan byen an.

Byen an benefisye de yon aksesibilite ekselan pou transpò, li sitiye tou pre liy metro 2/3/4/5, tren A/C, ak jis kèk minit ale nan Franklin Avenue. Li antoure ak plizyè restoran, baryè, kafe, enstalasyon blanchiman, ak kèk lòt sèvis nan katye a, epi li fè yon ti mache ale nan Prospect Park, Brooklyn Botanic Garden, ak Brooklyn Museum.

Avèk pwopriyete konparab ki montre yon bon pèfòmans pou re-vann ak lwaye, pwopriyete sa a ofri tou de potansyèl revni ak kwasans pou yon long tèm. Pafè pou envestisè ki gen eksperyans, achtè echanj 1031, devlopè, oswa pwopriyetè ki ap viv ki chèche ajoute valè atravè yon konsepsyon ak renovasyon reflechi pou pwofite sou fòs mache Brooklyn ki nan kontinyasyon.

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.