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658 Park Place, #3R

$1,250,000 ($1,054 per ft2) | 3 beds, 2 baths | Approx. 1,186 ft2
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18 days on Market

Key Details

  • Listed: Apr 30, 2024
    Days on Market: 18
    Building Type: Condominium
    Neighborhood: Crown Heights (Brooklyn)
Monthly Common Charges: $484
Monthly Real Estate Taxes: $122
Total Taxes & Fees: $606 ($0.51/ft2)
Est. Monthly Mortgage: $6,714
Total Est. Monthly Carrying Cost: $7,320 ($6.17/ft2)
Note: the above is based on a down payment of 20% ($250,000), which is the minimum amount permitted by the building.

Description

Generously proportioned and well-lit, two and a half-bedroom ("half-bedroom" is 9’9"x7’6" and fits a full bed), 1186sf condominium on beautiful tree-lined block of Park Place just off vibrant Franklin Avenue.

Two flights up, with bright bay windows overlooking verdant treetops and Romanesque revival brick and brownstone facades. The living and dining space is 26’8" deep and 10’7" wide, with plenty of room for a comfortable living area and a large dining room table. The open 10’10"x10’4" windowed kitchen provides additional seating with a breakfast bar peninsula island and plenty of counter and cabinet space, along with stainless steel appliances, a pantry, and a large storage closet.

Nestled towards the rear of the apartment, the primary bedroom is a generous king-sized 13’11"x10’10" with en-suite bathroom with stall shower and a large walk-in-closet.

At the back of the apartment, the second bedroom is 14’7"x 9’7" with a large double-doored closet and southern and western exposures. There is a 73sf 9’9"x7’6" windowed room off the living area (at front of apartment) that can be used as an office or additional sleeping room (it fits a full bed, but advertising guidelines do not label rooms under 80sf as bedrooms). Next to the kitchen the hallway opens up to a windowed 6’9" space that can accommodate a small home office/desk/reading nook.

Past this hall study nook is a full second bath with bathtub.

There are a total of five closets, including primary bedroom walk-in-closet, second bedroom large double-door closet, large hall-closet past kitchen, pantry in kitchen, and hallway utility-closet containing stacked washing machine and vented gas dryer as well as boiler. Home features finished exposed brick walls, hardwood floors throughout, 9ft ceilings, and an approximately 4x6ft storage cage in the basement.

658 Park Place is a 9-unit barrel-front limestone pre war condo completely renovated and converted in 2009. In addition to private storage cages, condo provides bike storage and a custodian to handle garbage removal, snow shoveling and custodial work in the common areas.

The building is pet friendly with low monthly common charges of $483.87 (as of May 2024). The J-51 tax exemption and abatement has current (as of May 2024) taxes of $122.25 per month. Tentative taxes next period with J-51 are projected at $192.54/month (please confirm numbers with department of finance).

J-51 exemption fully expires in 2025 and remainder on the abatement soon after - but with no exemption or abatement at all current taxes would only be $379.76/month (please confirm numbers with department of finance).

On Park Place directly off Franklin Avenue, this is the most vibrant section of prime Crown Heights, with close access to the 2,3,4,5 & S trains, and neighborhood hot spots such as Chavela’s,Mayfield,Franklin Park,Little Zelda Coffee & Wine,Crown Inn, Bien Cuit, Covenhoven, Cafe Rue Deux and Cent’Anni right around the corner. Excellent gourmet grocers and wine stores are also moments away. This location is not to be beat.



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Listing courtesy of Corcoran Group

Pricing History

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About 658 Park Place

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Subways

  1. S
at Franklin Ave 0.10 miles
  1. 2
  2. 3
  3. 4
  4. 5
at Franklin Ave and Eastern Pkwy 0.24 miles
  1. A
at Franklin Ave and Fulton 0.47 miles

Pricing comparison

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