--- title: "480 Eastern Parkway #3R, New York City, NY 11225" description: "480 Eastern Parkway #3R, New York City, NY 11225 — Crown Heights, New York City, NY. Listing Price $999,000. 2 bed, 2 bath, 1,061 sqft Illustrative Buyer Commission Share of $14,985 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11225/480-eastern-parkway-3r-ny-11225" source: "Real Estate Rebate Team" dateModified: "2026-09-10T13:10:59.396Z" status: "Active" --- # 480 Eastern Parkway #3R, New York City, NY 11225 Crown Heights, New York City, NY Courtesy of Compass Last updated: September 10, 2026, 9:10 AM ## At a Glance - **Listing Price**: $999,000 - **Beds**: 2 - **Total Baths**: 2 - **Sqft**: 1,061 - **Common Charges**: $601 / mo - **Monthly Taxes**: $7 / mo - **Price per Sqft**: $942 - **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**: $999,000 - **Illustrative Buyer Commission Share**: -$14,985* - **Illustrative Net Cost**: $984,015 *Illustrative Buyer Savings of $14,985 — 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) ![480 Eastern Parkway #3R, New York City, NY 11225 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e2002ee2-0c96-44b3-a1a7-f13495cd3155.jpg) ![480 Eastern Parkway #3R, New York City, NY 11225 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/694e752b-59b7-4004-9b31-fccff78bb5a2.png) ![480 Eastern Parkway #3R, New York City, NY 11225 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/122bcafb-8800-4675-8dc2-ecc1a1c871e1.jpg) ![480 Eastern Parkway #3R, New York City, NY 11225 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0aa73fe2-f7a0-4a62-9289-93c4774e7152.jpg) ![480 Eastern Parkway #3R, New York City, NY 11225 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9232d0aa-39b6-47d8-ae9a-5e78e00babb2.jpg) ![480 Eastern Parkway #3R, New York City, NY 11225 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a4807ca0-a88b-4ca0-a281-717d01a7f0db.jpg) ![480 Eastern Parkway #3R, New York City, NY 11225 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6f676ef9-43fd-4bd4-9a2e-33cc24536440.jpg) ![480 Eastern Parkway #3R, New York City, NY 11225 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/653eb923-ab44-486b-acf1-a2db696f569d.jpg) ![480 Eastern Parkway #3R, New York City, NY 11225 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/979a8c59-2617-49f6-b384-77550edbfc2b.jpg) ![480 Eastern Parkway #3R, New York City, NY 11225 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f901403b-ee95-4dc2-b4fc-7442de311091.jpg) ## Property Overview Welcome to Apartment 3R at 480 Eastern Parkway, a light-filled residence featuring two full bedrooms, a dedicated home office, 1.5 bathrooms, and an open-concept living space. Situated along Crown Heights’ iconic tree-lined Eastern Parkway, this unit is move-in ready with modern finishes. The heart of the home offers an expansive living and dining space anchored by hardwood floors, recessed lighting, and a large south-facing window. The spacious, fully equipped chef’s kitchen features ample storage, stainless steel appliances, solid wood cabinetry, and dark stone countertops. Beyond the spacious main living area, the layout offers flexible space designed for working from home. The primary bedroom easily accommodates a king-sized bed setup, an en-suite half bathroom, large window, and modern accent lighting. The second bedroom, with double windows, includes generous built-in closet storage. The third flexible space can function as a dedicated home office, den, playroom, or nursery. All bedrooms are conveniently positioned near the renovated full bathroom, which features a soaking tub. Situated along Eastern Parkway, the home offers immediate access to Brooklyn’s premier cultural sights. Just a short stroll away lies Grand Army Plaza, the entrance to Prospect Park, the Brooklyn Botanic Garden, the Brooklyn Museum, and the historic Central Library branch of the Brooklyn Public Library. Imagine yourself spending mornings wandering the Japanese Hill-and-Pond Garden, afternoons exploring world-class art collections, or weekends browsing the Grand Army Plaza Greenmarket. The surrounding Crown Heights and Prospect Heights neighborhoods offer a vibrant culinary scene. Nearby Franklin and Washington Avenues host local coffee shops like Cafe Rue Dix and Little Zelda, alongside renowned dining spots such as Chavela’s and Mayfield. Nightlife options abound with neighborhood craft beer bars and cocktail lounges like Covenhoven and Franklin Park. With transit options including the 2, 3, 4, and 5 trains nearby at Franklin and Nostrand Avenues, commuting into Manhattan or across Brooklyn is straightforward. ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Total Baths**: 2 - **Rooms**: 5 - **Sqft**: 1,061 sqft - **Stories**: 4 - **Year Built**: 2004 - **Price per Sqft**: $942 - **Common Charges**: $600.63 / Monthly - **Monthly Taxes**: $7 / mo - **Listed On**: Sep 10, 2026 - **Days on Market**: 1 Days ### Residence Features - Wall Unit(s) - Common On Floor - Common Area - Private Outdoor Space Under 60 Sqft - Granite Counters - Walk-In Closet(s) - Dishwasher - Gas Cooktop - Gas Oven - Hardwood ## Sales Evidence ### Recent closed sales One apartment at 480 Eastern Parkway has a recorded sale since September 2021, the most recent for $1,190,000 in September 2024. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 4A (Apartment) | 3 | 1,476 | $1,190,000 | $806/ft² | September 10, 2024 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable condo two-bedroom sales in Crown Heights is $1,454,073, based on 53 sales between October 2024 and June 2026. This home is asking $999,000, $455,073 below that median. The middle half of those sales closed between $1,350,000 and $1,525,000. - **Median closed price**: $1,454,073 - **Middle half**: $1,350,000 – $1,525,000 - **Based on**: 53 condo two-bedroom sales in Crown Heights - **Period**: October 2024 – June 2026 - **Median $/ft²**: $1,400/ft² Across the 44 of these sales with a published asking price, the median closed at 99.4% of what it originally asked. 55% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Crown Heights instead. ### How these sales were negotiated - **Sold vs original ask**: 99.4% of the original ask - **Closed below ask**: 55% of 44 sales - **Listed → in contract**: 71 days (about 10 weeks) - **In contract → closed**: 71 days (about 10 weeks) Across the 44 of these sales with a published asking price, the median closed at 99.4% of what it originally asked. 55% of them closed below the original ask. Half of these homes were in contract within 71 days (about 10 weeks) of coming to market, based on the 43 with a recorded listing date. Once a deal was agreed, closing took a further 71 days (about 10 weeks), based on the 45 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 53 condo two-bedroom sales in Crown Heights, October 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for condo and house two-bedroom sales in Crown Heights, 2018 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2018 | $975,623 | 14 | | 2020 | $1,333,512 | 22 | | 2021 | $1,040,000 | 31 | | 2022 | $1,200,000 | 27 | | 2023 | $1,120,000 | 21 | | 2024 | $1,165,000 | 11 | | 2025 | $1,395,000 | 23 | | 2026 | $1,490,000 | 26 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Crown Heights instead. 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 480 Eastern Parkway](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/480-eastern-parkway) ## Price and Property History for 480 Eastern Parkway, Unit 3R Review the recorded listing activity for 480 Eastern Parkway, Unit 3R, including asking-price changes and prior market dates. | Date | Price | Listing event | | --- | --- | --- | | May 28, 2026 | $999,000 | Listed for sale by Compass | | April 3, 2026 | $999,000 | Listed for sale by Compass | ## About The Building ### 480 Eastern Parkway 480 Eastern Parkway, Brooklyn, NY 11225 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 2004 - **Total Units**: 1 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/480-eastern-parkway) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [3R](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11225/480-eastern-parkway-3r-ny-11225) | 2 | 2 | 1,061 sqft | $942 | $999,000 | Compass | Sep 10, 2026 | 1 days | ## Estimated Monthly Payment **$5,659 / month**, assuming a 20% down payment ($199,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $5,051 - **Property Taxes**: $7 - **Common Charges**: $601 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 - [480 Eastern Parkway — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/480-eastern-parkway) - [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.