358 EASTERN Parkway #1
About This Property
Approx 1,100 sq ft of duplex living, offering a spacious living and dining area with 2 exposures, quiet rear bedrooms, 2 full bathrooms, and a bonus windowed lower level that makes a wonderful 3rd bedroom, home office or media room. The oversized kitchen is flooded with light from the wall of North facing windows. Cooking has never been easier with 2 walls of counter space and cabinets, plus a peninsula breakfast bar with seating on both sides, and full size stainless steel appliances including a dishwasher. A private storage unit is accessible from the lower level, spacious enough for keeping strollers, bikes and luggage close at hand but out of sight. This spacious apartment allows for super comfortable and quiet living on the nexus of two of Brooklyn's most exciting neighborhoods, Crown Heights and Prospect Heights! Perfectly located just a 30 second walk from the S,2,3,4,& 5 trains @ Franklin Ave, and 2 blocks from the Botanical Gardens, Prospect Park, and Brooklyn Museum! Nestled among many exciting local hot spots including Butter and Scotch, The Pulp and The Bean, Aita Trattoria, Brooklyn Yoga Collective, and Franklin Park. 358 Eastern Parkway is easily accessible to all of Brooklyn by train or bus, with easy street parking, or hop on your bike and be anywhere in no time!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2017 | Sold | ||
| Sold | |||
| Jun 20, 2017 | Listed by Corcoran Group | $875,000 | |
| Listed by Corcoran Group | |||
| Oct 5, 2016 | Listed by Halstead dba Brown Harris Stevens Residential Sales LLC | $875,000 | |
| Listed by Halstead dba Brown Harris Stevens Residential Sales LLC | |||
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A RARE FIND at 358 Eastern Parkway is this co-op in the Elaine a 1916 pre-war building located in the highly sought out neighborhood of Crown Heights! With nearly 1,150 sqft of living space, this exceptional 2 bedrooms 2 bathrooms' duplex apartment with a shared outdoors space is an incredible alternative to buying an entire townhouse. Unit 1 sits in a superb pre-war building facing the lovely tree lined Olmsted and Vaux designed block next to booming Franklin Avenue in the highly sought out neighborhood of Crown Heights. From the moment you walk in the door, you will be impressed by the Elegant and charming pre-war details which run throughout this spacious garden home. The tall ceilings, renovated kitchen, beautiful hardwood floors, and the classic white tiled bathroom floor give it that old charm look, while the stone kitchen counter top, dishwasher and in-unit washer/dryer gives it the perfect balance. Taxes and common charges are monthly $126.09 and $683.51 The apartment offers easy access to what is fast becoming Brooklyn's premier destination neighborhood. This Building is also the backdrop of FX's hit series "The Americans". Eastern Parkway is created as the world's first parkway, providing a grand promenade and a true pleasure walk to Prospect Park. This lovely apartment is located just steps away from the many markets, restaurants, boutiques, museums, and great transportation via the 2,3,4, and 5 trains.
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| Mar 25, 2013 | Sold | ||
| Sold | |||
| Aug 13, 2007 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/20/2017
|
2 Bed
|
2 Bath
|
1100 ft²
|
$875,000
2 Bed
2 Bath
1100 ft²
|
$875,000
10/12/2017
|
Meris Blumstein
Corcoran Group
| |
|
10/05/2016
|
2 Bed
|
2 Bath
|
1150 ft²
|
$875,000
2 Bed
2 Bath
1150 ft²
|
-
-
|
Donna A. Myrie
Halstead Property, LLC
| |
|
10/21/2015
|
2 Bed
|
2 Bath
|
1100 ft²
|
$770,000
2 Bed
2 Bath
1100 ft²
|
$770,000
01/06/2016
|
Jill K Meilus
The Corcoran Group
| |
|
07/22/2015
|
2 Bed
|
2 Bath
|
1000 ft²
|
$695,000
2 Bed
2 Bath
1000 ft²
|
-
10/20/2015
|
Morgan Munsey
Halstead dba Brown Harris Stevens Residential Sales LLC
| |
|
11/30/-0001
|
2 Bed
|
-
|
-
|
$500,000
2 Bed
-
|
$500,000
03/29/2013
|
PAUL BROWN
The Agency Brokerage
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017