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Greenwich Place

480 Eastern Parkway, Brooklyn, NY 11225
11 Units
1 Units For Sale
Unit for sale at 480 Eastern Parkway, Brooklyn, NY 11225

$999,000

  • 2 Beds
  • 1 Bath
  • 1,061 ft²
480 Eastern Parkway #3R, Brooklyn, NY 11225 Listing by Joseph Ryan, Maria Ryan

Greenwich Place is a condo located 480 Eastern Parkway, in Crown Heights, Brooklyn. The building was first built in 2004 and is 22 years old. The lot that the building was built on is 40 feet wide and 121 feet long. The official lot area is listed as 4,828 square feet. The building itself is 40 feet wide and 62 feet long. In total, 480 Eastern Parkway has a total floor area of 10,514 square feet. Of that, 10,514 square feet are used for residential purposes. There are a total of 11 units. Of those, 8 are residential units. There are 3 commercial units. 480 Eastern Parkway has a total of 4 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Residents who own pets will be happy to hear that the building is pet-friendly. There are 16 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 216 days Meaning, listings tend to sell at a median of $706 price per square foot. The transaction that took the longest to complete was unit 1B, listed on Jul 27, 2015 for $995,000. This particular unit ultimately sold 364 days later for $995,000. The most recent transaction was for unit 4B, which was first advertised on Nov 29, 2018, sold for $955,000 on Jun 12, 2019. Fun fact, the oldest transaction we have on record took place on Aug 10, 1977. See the full transaction history for Greenwich Place below.

Crown Heights, where 480 Eastern Parkway is located, has a median asking price of $750,000 for condo buildings. Meanwhile, the building itself has a median asking price of $995,000. For interested buyers, that means the building's median asking price is around 1.29% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $999,000. It is a 1,061 sqft 2-bedroom and 1-bathroom unit.

Building Features

Outdoor Space

Garden
Roof Deck
Terrace

Laundry

Washer / Dryer Allowed

Pet Policy

Dogs Allowed / Cats Allowed

Condition

New Construction

Facilities

Bike Room
Laundry Room

Ownership & Occupancy

Sublets Allowed

9 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240424 Unit 4F
04/24/2024
4F
3 Bed
2 Bath
1476 ft²
$1,225,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1476 ft²
$1,190,000 -2.86%
09/10/2024
Peter Becker
Prudential Douglas Elliman Real Estate
20181129 Unit 4B
11/29/2018
4B
3 Bed
3 Bath
1440 ft²
$1,250,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1440 ft²
$955,000 -23.60%
06/12/2019
Michael Tannen
Corcoran Group
20160519 Unit PHF
05/19/2016
PHF
3 Bed
2 Bath
1476 ft²
$1,125,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1476 ft²
$1,125,000
10/13/2016
Binnie Robinson
MNS
20160519 Unit PHR
05/19/2016
PHR
3 Bed
2.5 Bath
1444 ft²
$1,065,000
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
1444 ft²
$1,065,000
02/05/2021
Justin S. Daly
MNS
20160426 Unit 4B
04/26/2016
4B
3 Bed
2 Bath
1444 ft²
$1,022,400
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1444 ft²
$1,022,400
03/08/2017
Binnie Robinson
MNS
20160425 Unit 4A
04/25/2016
4A
3 Bed
2.5 Bath
1476 ft²
$1,040,000
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
1476 ft²
$1,040,000
02/05/2021
Justin S. Daly
MNS
20150727 Unit 1B
07/27/2015
1B
2 Bed
1.5 Bath
1739 ft²
$995,000
bedrooms
2 Bed
bathrooms
1.5 Bath
square feet
1739 ft²
$995,000
07/25/2016
Binnie Robinson
MNS
20150617 Unit 3A
06/17/2015
3A
3 Bed
1.5 Bath
1055 ft²
$849,000
bedrooms
3 Bed
bathrooms
1.5 Bath
square feet
1055 ft²
$822,347 -3.14%
02/12/2016
Justin Daly
MNS
20150617 Unit 2A
06/17/2015
2A
2 Bed
1.5 Bath
1055 ft²
$799,000
bedrooms
2 Bed
bathrooms
1.5 Bath
square feet
1055 ft²
$810,000 +1.38%
02/09/2016
Justin Daly
MNS


Building Info

Overview

    General

  • Year Built: 2004
  • Building Count: 1
  • Floor Count: 4
  • Total Unit Count: 11
  • Residential Unit Count: 8
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 4,828
  • Lot Size Depth Feet: 121
  • Lot Size Frontage Feet: 40
  • Building Depth: 62
  • Building Frontage: 40
  • Gross Building Area: 10,514

    Building Floor Area

  • Residential Building Floor Area: 10,514

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: R2
  • Lot Type: 0
  • Land Use: 02
  • Irregular Lot Code: N

Neighborhood

  • Community District: 309
  • City Council District: 35
  • Police Precinct: 71
  • Fire Company: E280
  • Health Area: 4800
  • Sanitation District Borough: 3
  • Sanitation Subsection: 1A
  • School District: 17

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1268
  • Lot: 7501
  • Borough Block Lot: 3012687501

    Address

  • Full Address: 480 Eastern Parkway
  • Condominium Number: 1796
  • Zip Code: 11225

Valuation

    Assessments Valuation

  • Assessed Total Value: $324,107
  • Assessed Land Value: $34,651

    Exemptions

  • Exempt Total Value: $317,637
Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Frequently Asked Questions

What neighborhood is 480 Eastern Parkway located in?
The 480 Eastern Parkway is a condo located in the neighborhood of Crown Heights in Central Brooklyn, Brooklyn.
How many listings are currently for sale in 480 Eastern Parkway?
There is a listing currently on the market for sale.
What is the average sales price for listings in 480 Eastern Parkway?
The average sales price for units in 480 Eastern Parkway is $995,000 , or $706/sqft. currently.