658 Park Place

658 Park Place is a condo located in Crown Heights, Brooklyn. The building was first built in 1931 and is 93 years old. It was first renovated and altered in 2008. The lot that the building was built on is 31 feet wide and 131 feet long. The official lot area is listed as 4,061 square feet. The building itself is 31 feet wide and 94 feet long. In total, 658 Park Place has a total floor area of 10,472 square feet. Of that, 10,472 square feet are used for residential purposes. There are a total of 9 units. Of those, 9 are residential units. There are no commercial units in this building. 658 Park Place has a total of 4 floors.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. Better yet, washer and dryers are allowed in each unit. Residents who own pets will be happy to hear that the building is pet-friendly. There are 27 closings on record, of which we have matching data for 14 listings. In the past 3 years, a listing in this building will typically remain on the market for about 105 days Meaning, listings tend to sell at a median of $833 price per square foot. The transaction that took the longest to complete was unit 4, listed on May 17, 2022 for $1,150,000. This particular unit ultimately sold 253 days later for $998,000. The most recent transaction was for unit 6, which was first advertised on May 30, 2023, sold for $1,180,000 on Aug 23, 2023. Fun fact, the oldest transaction we have on record took place on Jan 26, 1983. See the full transaction history for 658 Park Place below.

Crown Heights, where 658 Park Place is located, has a median asking price of $645,000 for condo buildings. Meanwhile, the building itself has a median asking price of $960,500. For interested buyers, that means the building's median asking price is around 1.34% 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.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.