1
Map
$699,000
●
Co-op -
Off Market
848 Park Place #4E
Brooklyn, NY 11216
4 Beds
2 Baths
1,782 Ft²
$4,388
Est. Monthly
$955
HOA / Fees
11.58%
Cap Rate
About This Property
Welcome to Crown Heights! Discover this stunning and spacious
4-bedroom, 2-bathroom apartment, spanning nearly 1,800 square feet,
in a beautiful boutique HDFC co-op building. Apartment has been
recently updated, and its is on the market for the first time. The
apartment features a gorgeous kitchen with white cabinets,
stainless steel appliances, and an in-unit washer and dryer. Enjoy
a spacious formal dining area and an enormous living room, all with
hardwood floors throughout. The main bedroom includes its own
bathroom, and there are three additional bedrooms of equal size,
all with ample closet space. This unique apartment is part of a
middle-income HDFC co-op with income limits set at 120% of the Area
Median Income.
The income limits are as follows:
- Family of four: $194,400
- Family of five: $210,000
- Family of six: $225,600
- Family of seven: $241,080
- Family of eight: $256,680
Don't miss the opportunity to own this exceptional home in Crown Heights!
The income limits are as follows:
- Family of four: $194,400
- Family of five: $210,000
- Family of six: $225,600
- Family of seven: $241,080
- Family of eight: $256,680
Don't miss the opportunity to own this exceptional home in Crown Heights!
Unit Size
1,782 Ft²
Days on Market
578 days
Land Size
-
Price per sqft
$392
Property Type
Co-op
Property Taxes
-
HOA Dues
$955
Year Built
1903
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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%.
How much can I actually make?
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.
Last updated: 10 months ago (RLS #RLS20018823)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Listed by RE/MAX Edge | $699,000 | |
| Listed by RE/MAX Edge | |||
   | |||
|
Welcome to Crown Heights! Discover this stunning and spacious 4-bedroom, 2-bathroom apartment, spanning nearly 1,800 square feet, in a beautiful boutique HDFC co-op building. Apartment has been recently updated, and its is on the market for the first time. The apartment features a gorgeous kitchen with white cabinets, stainless steel appliances, and an in-unit washer and dryer. Enjoy a spacious formal dining area and an enormous living room, all with hardwood floors throughout. The main bedroom includes its own bathroom, and there are three additional bedrooms of equal size, all with ample closet space. This unique apartment is part of a middle-income HDFC co-op with income limits set at 120% of the Area Median Income. The income limits are as follows: - Family of four: $169,440 - Family of five: $183,000 - Family of six: $196,000 - Family of seven: $210,120 - Family of eight: $223,680 Don't miss the opportunity to own this exceptional home in Crown Heights!
| |||
| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
| Jun 17, 2024 | Listed by RE Max Edge Group | $699,000 | |
| Listed by RE Max Edge Group | |||
Property Highlights
With View
Interior Details
Full Bathrooms: 2
Appliances: Dishwasher
Laundry Features: None, BuildingNone
Rooms: 7
Exterior Details
Square Footage: 1782
Architectural Style: Prewar
Year Built: 1910
Tax Lot: 0009
Utilities Details
Cooling Type: None
Heating Type: None
Location Details
HOA Fee: $955
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/24/2025
|
4 Bed
|
2 Bath
|
1782 ft²
|
$699,000
4 Bed
2 Bath
1782 ft²
|
$699,000
01/16/2026
|
Faig Mikayilov
Remaxedgeny
| |
|
06/17/2024
|
4 Bed
|
2 Bath
|
-
|
$649,000
4 Bed
2 Bath
|
-
-
|
Faig Mikayilov
Remaxedgeny
| |
|
09/08/2020
|
4 Bed
|
1 Bath
|
1782 ft²
|
$599,000
4 Bed
1 Bath
1782 ft²
|
$592,000
-1.17%
06/23/2021
|
Grant U Braswell
Compass
|
Building Info
About Central Brooklyn
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Listed by: Faig Mikayilov
Listing Courtesy of RE Max Edge Group
Last Updated: 10 months ago
Last Checked: 3 minutes ago
Data Source: REBNY (©2026 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of RE Max Edge Group
Last Updated: 10 months ago
Last Checked: 3 minutes ago
Data Source: REBNY (©2026 Real Estate Board of New York)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017