Open House: Sun, Feb 23rd 1:30 PM - 2:30 PM EST

Active

1390 Eastern Parkway

Brooklyn NY, 11233

$2,099,999


$553.36 per sqft

Active

10 Beds

8 Baths

3,795 sqft

Townhomes

Built in 1910



ARE YOU LOOKING FOR A TURNKEY INVESTMENT OPPORTUNITY?
You won't want to bypass this one. The upgrades for a rental property are exceptional; all separate meters, tankless water systems operating for each unit along with the Nest thermostat. Generating approximately $90K from May to December, low operating costs and exceptionally low taxes under $3K, this is a true gem with absolutely zero work to be done except turning the key.

Experience luxury and expansive living at this stunning, solid-brick, 3-family residence on Eastern Parkway. With a generously sized 3,795 lot, whether you're searching for your ideal home or a savvy investment, this property offers low operating expenses and strong rental income potential. It is a perfect choice for both homeowners and investors alike.

This entire property has been renovated with precision and style, featuring high-end finishes, stainless steel appliances which include brand-new designer kitchens and bathrooms with neutral tone palettes. Throughout each floor, you will find wide plank oak hardwood floors adding warmth, in addition to the natural lighting beaming in from its bay windows and skylights. The exceptionally high ceilings enhance each unit to exude an expansive feel.

The property features a thoughtfully designed layout consisting of 4 stories with the cellar. As you enter the garden level, a flexible 3+ bedroom, 3-bathroom duplex connects to a finished basement with its exceptional high ceilings, adding extra living space and direct access to a massive private backyard. Heading up to the second story, it offers a comfortable 3-bedroom, 2-bathroom unit, open floorplan kitchen/dining combo with a kitchen island. Moving along to the 3rd story, you enter into another open layout where the kitchen and living and dining space fuse.
It consists of spacious 4-bedroom, 3-bathroom full-floor unit.

Each unit has a washer dryer and also has separate hot water heaters for each unit's convenience, an upgraded HVAC system, and a brand-new main sewer line. A shared driveway at the rear of the property ensures ample parking for residents which is a great plus.

The highly desirable Crown Heights neighborhood along the historic Grand Eastern Parkway, this residence is just blocks from the 3/4 subway lines, providing easy access to local businesses, Prospect Park, and a quick commute to Manhattan, not to mention the fantastic property taxes which fall under $3,000 annually!

RLS11015337

MLS ID

October 12, 2024

Listed

February 22, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

10


Total Bathrooms

8


Full Bathrooms

8


Interior Features

Recessed Lighting


Laundry Description

In Unit, See Remarks


Floor Description

Hardwood


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Architectural Style

Walk-Up


Security

Security System


Window

Bay Window(s)

Other Property Details

Taxes

$2,748


Tax Frequency

Annually


HOA Frequency

Monthly


Garage

No


Parking

On Site


View

No


County

Kings


Pool

No

Listing History

Date

Event

Price

2/15/2025

Price change

$2,099,999

-9%

Open House Schedule

Sun, Feb 23rd

1:30 PM - 2:30 PM EST

RLS Data display by Haritini Pandis with Compass
Listing Contact: (917) 468-8010 

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. ©2025 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.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 2/22/2025 at 1:36 PM UTC

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