--- title: "882 Park Place, New York City, NY 11216" description: "882 Park Place, New York City, NY 11216 — Multi Family Brownstone in Crown Heights, Brooklyn, NY. Listing Price $2,850,000. In contract 7/26/2026. 6 bed, 3 bath, 3,675 sqft Illustrative Buyer Commission Share of $42,750 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11216/882-park-place-ny-11216" source: "Real Estate Rebate Team" status: "Pending" --- # 882 Park Place, New York City, NY 11216 Multi Family Brownstone in Crown Heights, Brooklyn, NY Courtesy of Corcoran Group ## At a Glance - **Listing Price**: $2,850,000 - **Status**: In contract 7/26/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 6 - **Baths**: 3 - **Sqft**: 3,675 - **Monthly Taxes**: $266 / mo - **Price per Sqft**: $776 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $2,850,000 - **Illustrative Buyer Commission Share**: -$42,750* - **Illustrative Net Cost**: $2,807,250 *Illustrative Buyer Savings of $42,750 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![882 Park Place, New York City, NY 11216 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ef977f57-fcdd-4f23-851e-3407d9fe9ec2.jpg) ![882 Park Place, New York City, NY 11216 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c3ca3b42-a1bf-4a8c-b989-9428a8480226.jpg) ![882 Park Place, New York City, NY 11216 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a9f46b35-bbd1-46a6-99a1-44865723e3eb.jpg) ![882 Park Place, New York City, NY 11216 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b5a67023-b579-43b0-8a71-43a9cf225392.jpg) ![882 Park Place, New York City, NY 11216 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e0954e79-598b-4134-a5ae-8e1178ceaf96.jpg) ![882 Park Place, New York City, NY 11216 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/02089ca9-abdd-4534-b527-ae1cfbeb3008.jpg) ![882 Park Place, New York City, NY 11216 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7f0be449-a4ea-41a5-a319-71ea3abec0d1.jpg) ![882 Park Place, New York City, NY 11216 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b78a2782-5970-43e7-a1c0-1aa21c3e8ece.jpg) ![882 Park Place, New York City, NY 11216 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/99d9934a-e02a-4c2f-83f3-b47ce73597d7.jpg) ![882 Park Place, New York City, NY 11216 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b64b4c2b-9aaf-434f-8df7-4273d728c084.jpg) ## Property Overview Open House for Sunday 6/7 is canceled. 882 Park Place offers a rare opportunity to reside in and shape a soulful 2-family Brooklyn brownstone-a stately 4-story Renaissance Revival limestone home rooted in the architectural heritage of Crown Heights, with generous proportions, original details, and four fireplaces, complete with an income-producing garden-level residence, all set on an exceptionally deep 135-foot lot in a sought-after enclave of Historic Crown Heights. Enter through the dark wood-paneled vestibule into a gracious entry hall, where carved millwork, parquet flooring, and coffered ceiling details set the tone for the home's scale and character. The parlor floor stretches the full depth of the house, with a spacious great room anchored by a tiled fireplace and mantel, a beautiful front bay window, and classic pocket doors. To the rear, the open kitchen has been lovingly restored, featuring stained glass, exposed brick, warm wood cabinetry, and a gas range. A dining area sits alongside, taking in soft south-facing light throughout the day, and opens directly to a rear deck with stairs leading to the expansive garden, creating a natural indoor-outdoor connection. Traveling up the artfully crafted wood staircase with carved balusters, the second floor unfolds as a comfortable private level. Here, two bedrooms and a full bathroom offer flexibility and scale. The primary bedroom spans the full width of the home and includes a walk-in closet and sitting area framed by bay windows. The second bedroom features an oriel extension and a decorative fireplace with meaningful potential for restoration. The bathroom continues the home's character with stained glass accents and custom millwork cabinetry. The top floor opens into a luminous studio space, with higher ceilings than typically found on a top-level, a sweeping bay window, and a skylight that draw in light throughout the day-ideal for art, writing, or quiet work. Currently configured as two bedrooms and a full bathroom, this inspiring and flexible level is the ultimate blank canvas to suit your imagination. Stepping outside, the extra-deep garden is a rare find, made possible by the 135-foot lot. This leafy sanctuary reflects the current owners' love of foliage and slow, intentional outdoor living. The depth allows for distinct outdoor zones, giving the garden-level apartment its own private area while the owner's triplex enjoys a quiet, green retreat for dining, gathering, and summer evenings under the trees. There is plenty of room here to shape the outdoor space to your own vision over time. On the garden level is a charming, renovated one-bedroom floor-through with a flexible layout, sun-filled kitchen, its own fireplace with a stove insert, in-unit washer/dryer, and direct access to its dedicated garden space. With its private entrance below the stoop, it is well-positioned for strong rental income from day one or functions beautifully as a guest suite, studio, or extended living space. The semi-finished cellar offers higher-than-average ceilings, slate tile flooring, updated mechanical systems, and a dedicated washer/dryer for the owner's use. It works naturally as storage, a gym, workshop, or creative workroom, and extends to the front of the building for flexibility of future use. Located on a quiet, tree-lined block of brownstones with extra-wide sidewalks, Park Place is part of a select stretch of Crown Heights with extra-deep lots, creating a rare sense of openness behind the homes. Just moments away, Franklin and Nostrand Avenues offer some of the neighborhood's most loved coffee shops, bakeries, restaurants, and bars, including Bien Cuit, Choice Market, Colina Cuervo, Cotton Bean, Ursula, Chavela's, Aita, Taqueria Mileo, Bar Corvo, Drink, and King Thai. Brower Park and the Brooklyn Children's Museum are nearby, and multiple subway options (Nostrand Av A/C, Franklin Ave 2/3/4/5, and the ## Property Details - **Property Type**: Multi Family - **Beds**: 6 - **Baths**: 3 - **Rooms**: 10 - **Sqft**: 3,675 sqft - **Stories**: 3 - **Year Built**: 1899 - **Price per Sqft**: $776 - **Monthly Taxes**: $266 / mo - **Listed On**: Apr 21, 2026 - **Days on Market**: 145 Days ### Residence Features - Washer Hookup - In Unit - See Remarks - Private Outdoor Space Over 60 Sqft - High Ceilings - Smoke Free - Walk-In Closet(s) ## Sales Evidence ### How this price compares The median closed price for comparable house sales in Crown Heights is $1,999,999, based on 20 sales between September 2021 and August 2026. This home is asking $2,850,000, $850,001 above that median. The middle half of those sales closed between $1,500,000 and $2,358,750. - **Median closed price**: $1,999,999 - **Middle half**: $1,500,000 – $2,358,750 - **Based on**: 20 house sales in Crown Heights - **Period**: September 2021 – August 2026 - **Median $/ft²**: $686/ft² Across the 19 of these sales with a published asking price, the median closed at 94.1% of what it originally asked. 68% of them closed below the original ask. A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Crown Heights. Apartment sales are excluded from it entirely. ### How these sales were negotiated - **Sold vs original ask**: 94.1% of the original ask - **Closed below ask**: 68% of 19 sales - **Listed → in contract**: 72 days (about 10 weeks) - **In contract → closed**: 50 days (about 7 weeks) Across the 19 of these sales with a published asking price, the median closed at 94.1% of what it originally asked. 68% of them closed below the original ask. Half of these homes were in contract within 72 days (about 10 weeks) of coming to market, based on the 18 with a recorded listing date. Once a deal was agreed, closing took a further 50 days (about 7 weeks), based on the 18 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 20 house sales in Crown Heights, September 2021 – August 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 882 PARK Place](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/882-park-place) ## Price and Property History for 882 Park Place Review the recorded listing activity for 882 Park Place, including asking-price changes and prior market dates. - **Entered contract**: July 26, 2026 | Date | Price | Listing event | | --- | --- | --- | | July 26, 2026 | $2,850,000 | Entered contract | | April 21, 2026 | $2,850,000 | Listed for sale by Corcoran Group | ## Property Tax History Taxes at 882 Park Place were $6,399 in 2026, up 100.0% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $135,600 | $17,580 | $118,020 | $31,858 | $6,399 | 20.085% (estimated) | | 2025 (FY 2025/26) | $103,140 | $17,580 | $85,560 | $31,852 | $3,199 | 20.085% (estimated) | | 2024 (FY 2024/25) | $121,320 | $17,580 | $103,740 | $31,565 | $6,340 | 20.085% | | 2023 (FY 2023/24) | $116,940 | $17,580 | $99,360 | $29,809 | $4,790 | 20.085% | | 2022 (FY 2022/23) | $121,680 | $17,580 | $104,100 | $28,124 | $4,569 | 20.309% | | 2021 (FY 2021/22) | $108,720 | $17,580 | $91,140 | $26,548 | $5,300 | 19.963% | | 2020 (FY 2020/21) | $109,080 | $17,580 | $91,500 | $26,543 | $5,586 | 21.045% | | 2019 (FY 2019/20) | $114,000 | $17,580 | $96,420 | $26,304 | $5,568 | 21.167% | | 2018 (FY 2018/19) | $24,841 | — | — | $24,841 | $5,196 | 20.919% | | 2017 (FY 2017/18) | $23,437 | — | — | $23,437 | $4,778 | 20.385% | | 2016 (FY 2016/17) | $22,123 | — | — | $22,123 | $4,423 | 19.991% | | 2015 (FY 2015/16) | $22,119 | — | — | $22,119 | $4,325 | 19.554% | | 2014 (FY 2014/15) | $21,920 | — | — | $21,920 | $4,199 | 19.157% | | 2013 (FY 2013/14) | $20,701 | — | — | $20,701 | $3,973 | 19.191% | | 2012 (FY 2012/13) | $19,531 | — | — | $19,531 | $3,627 | 18.569% | | 2011 (FY 2011/12) | $18,436 | — | — | $18,436 | $3,356 | 18.205% | | 2010 (FY 2010/11) | $18,433 | — | — | $18,433 | $3,201 | 17.364% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3012410026. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 882 PARK Place Crown Heights · Multi Family 882 PARK Place, Brooklyn, NY 11216 A building in Crown Heights, currently featuring 1 active listing. - **Year Built**: 1899 - **Total Units**: 1 - **Floors**: 3 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/882-park-place) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11216/882-park-place-ny-11216) | 6 | 3 | 3,675 sqft | $776 | $2,850,000 — In contract | Corcoran Group | Apr 21, 2026 | 144 days | ## Estimated Monthly Payment **$14,677 / month**, assuming a 20% down payment ($570,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $14,411 - **Property Taxes**: $266 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Crown Heights Overview of Crown Heights [Explore Crown Heights](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/crown-heights) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Crown Heights - [Prospect Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights) - [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park) - [Brownsville real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brownsville) - [East Flatbush real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/east-flatbush) ## Related Links - [882 PARK Place — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/882-park-place) - [Crown Heights neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/crown-heights) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. 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 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.