by RH Advisors

See Home Value
$2,899,000
Multifamily - Off Market

121 Park Avenue

Fort Greene, NY 11205
bedrooms
1 Bed
bathrooms
2 Baths, 1 Half Bath
$3,112,193
RealtyHop Estimate
7.35%
Since Oct 1, 2022
NY-New York
Primary Model

About This Property

Coldwell Banker Reliable Real Estate is pleased to offer for sale, 121 Park Avenue, Brooklyn, NY 11205. This mixed-use building includes 2 levels that is currently used as a Funeral home, as well as a large 1-bedroom apartment, totaling 2,676 sq. ft.    The lot is 19' x 95', and allows for approximately 4,562 buildable SF. The designated zone of the property is R6, allowing for residential developments, including apartment rentals or residential condos. The property is in an excellent part of Fort Greene, near multiple train lines and areas experiencing a high level of residential development.   All spaces are in exceptional condition, making the property an excellent investment with huge upside potential. Location Highlights: Park Avenue is in Fort Greene. It has high traffic, located in a densely populated area. Conveniently located near Shopping, Restaurants, Roads and Public Transportation. Great 1031 exchange opportunity. Building will be delivered vacant.
Unit Size
-
Days on Market
-
Land Size
0.04 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,767
HOA Dues
-
Year Built
1920
Last updated: 2 years ago (OneKey MLS #3417260)

Price History

Date / Event Date Event Price
Nov 22, 2022 Delisted -
Delisted
Nov 22, 2022 In contract -
In contract
Sep 15, 2022 Price Decreased $2,899,000
↓ $100K (3.3%)
Price Decreased
Jul 19, 2022 Listed by Coldwell Banker Reliable R E $2,999,000
Listed by Coldwell Banker Reliable R E

Property Highlights

Parking Available
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 1

Room Information

Rooms: 5

Basement Information

Basement: See Remarks
Exterior Details

Property Information

Square Footage: 2676
Square Footage Source: $0
Green Sustainability

Building Information

Building Area Units: Square Feet
Construction Materials: Other

Lot Information

Lot Size Area: 0.04
Lot Size Units: Acres
Lot Size Acres: 0.04

Land Information

Water Source: See Remarks


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Co-op
2 Beds
2 Baths
1,181 ft²
$2,414/ft²
$2,850,900 May 20, 2022
$2,850,900 May 20, 2022
$1,491/mo
Multifamily
6 Beds
4 Baths
-
$3,510,000 Nov 16, 2021
$3,510,000 Feb 9, 2022
$693/mo
Multifamily
5 Beds
4 Baths
2,432 ft²
$1,151/ft²
$2,800,000 Sep 6, 2021
$2,800,000 Feb 23, 2022
-
Co-op
2 Beds
2 Baths
1,181 ft²
$2,529/ft²
$2,986,560 May 20, 2022
$2,986,560 May 20, 2022
$1,491/mo
Co-op
2 Beds
2 Baths
1,181 ft²
$2,350/ft²
$2,775,000 Jul 21, 2022
$2,775,000 Aug 16, 2022
$1,491/mo
Townhouse
Stu
-
-
$2,500,000 May 3, 2016
$2,500,000 Oct 28, 2016
-
Multifamily
2 Beds
3 Baths
-
$2,895,000 May 30, 2023
-
$1,749/mo
Multifamily
7 Beds
7 Baths
3,494 ft²
$857/ft²
$2,995,000 Feb 9, 2023
-
-
Multifamily
8 Beds
4 Baths
3,600 ft²
$861/ft²
$3,100,000 Jul 11, 2022
-
-
Co-op
2 Beds
2 Baths
1,182 ft²
$2,291/ft²
$2,708,100 Jan 31, 2023
-
$1,468/mo
Multifamily
5 Beds
5 Baths
-
$3,250,000 May 12, 2023
-
-
Condo
2 Beds
2 Baths
1,172 ft²
$2,090/ft²
$2,450,000 Mar 8, 2023
-
$2,160/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230530
05/30/2023
2 Bed
3 Bath
-
$2,895,000
bedrooms
2 Bed
bathrooms
3 Bath
-
-
-
Ronald Ferrara
Keller Williams Landmark II
20211216
12/16/2021
Loft
-
-
$2,800,000
bedrooms
Loft
bathrooms
-
-
-
-
Joelle Wright
Fave Realty Inc

Building Info

121 Park Avenue 121 Park Avenue, Brooklyn, NY 11205
  • 2 Units
More about this Building
121 Park Avenue
Want to find out who owns 121 Park Avenue, Brooklyn, NY 11205? Get detailed property transactions here .

About Northwestern Brooklyn


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