Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,950,000

· Closed October 7, 2022

689 Park Place
Closed For Sale Multi Family

$1,950,000

$671 per sq ft

689 Park Place

Crown Heights, Brooklyn

MLS® #RLS10804621

RLS at REBNY

Listing by Compass

7

Bedrooms

3

Baths

2,904

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms 7
Bathrooms 3
Living Area 2,904 sq ft
Year Built 1901
Neighborhood Crown Heights

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1901)

Property Details

Type Multi Family
Total Rooms 13
Baths 3 Full
Pets Yes
Cross Street Franklin Avenue/Bedford Avenue
Year Built 1901
Living Area 2,904 sq ft
Architectural Style Prewar
Parcel # 01231-0064
Block/Lot 1231/64

Listing History

Event Date Price Change
Listed Jun 21, 2022 $1,950,000 -
Price Reduced Oct 17, 2022 $1,800,000 -7.7%

Description

Townhouse on Crown Heights Best Block! A house for sale on this picture perfect Park Place block is a rare find. You will love the quiet and charm of this three story three family townhouse and the amenities, shopping and entertainment on the corner at Franklin Avenue. Kept within the same family for generations, this home with its beautiful proportions and deep backyard offers all new mechanicals. The roof, gas boiler and hot water heater are all newly installed but other upgrades are needed for the house to be fully modernized. This is a three family building but would also make a grand single family or duplex with garden rental. Franklin Ave. subway access, The Brooklyn Museum, Botanic Garden and the new Major Owens Health & Wellness Center with its pool are all within walking distance making this home perfectly located in one of Brooklyn's most sought after neighborhoods.

Building Information

Crown Heights is a dynamic and architecturally rich neighborhood in central Brooklyn. Famous for its grand boulevards and impressive collection of pre-war apartment buildings and brownstones, the area offers a sense of scale and history. Residents enjoy proximity to the Brooklyn Museum, the Botanic Garden, and a active restaurant scene along Franklin and Nostrand Avenues, making it a popular choice for those seeking space and culture.

Crown Heights Live Market Data

View Neighborhood

Active Listings

90

Median Asking Price

$1.61M

Median $/Sqft

$990

Avg Days on Market

N/A

New This Week

5

Price Reduced

22%

Sold (30 Days)

2

Median Sale Price

$1.31M

Live data from RLS at REBNY • Updated 5/18/26, 4:54 AM EST

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Location

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689 Park Place, Crown Heights, Kings County • Near Franklin Avenue/Bedford Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
2
Floors
3
Residential Units
R5B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $92,100
Land Value: $22,320
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,533 SF
Building Area: 2,904 SF
Built FAR: 1.15
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

This property has 7 bedrooms and 3 full bathrooms.

The listed interior living area is 2,904 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1901, making it approximately 125 years old.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,950,000 for 2,904 sq ft, the asking price per square foot is approximately $671. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10804621
First Listed: 6/21/2022
Price Changed: 10/17/2022
Closed: 10/7/2022
Contract Date: 6/21/2022

Listing Courtesy of Compass - JoAnn McFarlane Ebanks

Listing Contact: (917) 364-1106

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 8:54 AM UTC

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