Listing Courtesy of Corcoran Group
$2,850,000
Potential Rebate: $42,750
882 Park Place offers a rare opportunity to reside in and shape a soulful 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.<br> <br> 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.<br> <br> 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.<br> <br> 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.<br> <br> 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.<br> <br> 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.<br> 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.<br> <br> 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 Park Place Shuttle) provide easy access to Manhattan and Downtown Brooklyn.<br>
$14,349 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$42,750
Monthly savings impact
$119/mo
Effective Purchase Price
$2,807,250
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20058815
RLS at REBNY

2.5%
Experience
Member
Listings
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.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20058815
RLS at REBNY

Compare average listing prices and value metrics for 882 PARK Place against the surrounding Crown Heights market.
than the Crown Heights price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

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