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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. New Developments
  3. New York City
  4. Brooklyn
  5. 11213
  6. 1137 PARK Place
Property thumbnail
1 / 29
★ Sponsor Unit
✓ No Board Approval Required
•Crown Heights

1137 PARK Place, New York City, NY 11213

Listing Courtesy of Corcoran Group

$2,895,000

Potential Rebate: $43,425

6 Beds
5 Baths
10 Rooms
4,100 sqft
Built 1901
2 Stories
706/ft²
Listed on Sep 19, 2025
99 days on market
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Overview

Welcome to 1137 Park Place! This gorgeous, fully renovated triplex is located in the Crown Heights North Historic District. It's a true turnkey property, boasting 4 bedrooms and 3 bathrooms, as well as a self-contained garden level rental unit with 2.5 additional bedrooms and 1 bathroom.&nbsp;&nbsp;<br> <br> Open House: Tuesday, December 23rd 5:30 pm - 7:00 pm &nbsp;<br> <br> This incredible home was originally built in 1901, and has been fully renovated with an exquisite eye for detail. Beautiful, original decorative elements have been painstakingly restored - including tetris foyer tile, parquet floors, wood paneling, pocket doors, stained glass windows, exposed brick, decorative molding, and hand carved flourishes throughout.<br> <br> A brand new renovation allows you to enjoy these turn-of-the-century details along with luxurious, modern amenities. The parlor floor boasts a kitchen outfitted with high end appliances and a marble-topped, waterfall kitchen island, with ample room for stools. A paneled fridge, six burner stove, convenient pot filler, St Martin cabinetry and built ins, Monogram appliances, and backyard view make this a space you'll love to spend time in.<br> <br> The living and dining rooms come complete with original ceiling medallions and decorative details, brand new barrel windows topped with stained glass, original floor-to ceiling mirrors with carved wood frames, and stylish pendant lighting. This level has its own convenient half bath, as well.<br> <br> Just off the kitchen, a porch leads to your very own, fully fenced-in yard. The backyard combines the best of both worlds, with brand new pavers perfect for patio furniture, as well as a large grassy area that provides generous space for playing and gardening.&nbsp;<br> <br> Upstairs, the primary bedroom boasts a high-end en suite. This bathroom includes a skylight, double shower, freestanding tub, and stone-topped double vanity. Enjoy 2 more generously sized bedrooms, full bathroom with soaker tub, and a bonus room that can be used as a bedroom or walk-in closet.<br> <br> The main house also has a fully finished, tiled basement with its own wet bar, full bathroom, and stylized arches. This level provides space for a home office, gym, or dedicated yoga room, and has stairs leading directly to the garden.<br> <br> On the garden level, a beautifully restored and gut-renovated unit can be rented out for additional income. It includes 2 bedrooms and 1 bathroom, plus a home office/multi-purpose space. Original details include a decorative fireplace and gorgeous paneled woodwork.&nbsp;<br> <br> Both the main home and garden unit include front load LG washer/dryers, dishwashers, and split unit ACs, with street parking available. The property benefits from low taxes and sits on a generously sized lot (20'W x 127'L), on a landmarked block. The build itself is spacious, at 20 x 50'.<br> <br> Come see this incredible property for yourself!

Home Features

  • •Washer Hookup
  • •In Unit
  • •Private Outdoor Space Over 60 Sqft
  • •Smoke Free
  • •Washer Dryer Allowed

Estimated Monthly Payment

$14,716 per month

30 year fixed, 6.28% Interest

Principal and Interest
$14,305
Property Taxes
$411
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$43,425

Monthly savings impact

$121/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

Similar Homes

294 ALBANY Avenue, New York City, NY 11213
Listed on Jun 10, 2025
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$2,800,000

294 ALBANY Avenue, New York City, NY 11213

Listing Courtesy of Serhant

7 Beds
5.5 Baths
8 Rooms
2,928 sqft
Built 1901
View Details

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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Corcoran Group

Data Source: TRESTLE #RLS20049801

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Price Analysis

Compare average listing prices and value metrics for 1137 PARK Place against the surrounding Crown Heights market.

Based on 1 active units in building vs 64 in area

Average List Price

Building$2.9M
Neighborhood$1.7M

Price Per SqFt

Building Avg$706/ft²
Neighborhood Avg$1,070/ft²
Value Opportunity

33.98% Lower

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.

Crown Heights

Overview of Crown Heights

Crown Heights is a neighborhood of contrasts and energy. Combining the Caribbean heritage of the West Indian Day Parade with a booming young professional scene, it is one of Brooklyn's most dynamic areas. For buyers seeking Crown Heights Brooklyn real estate, it offers proximity to cultural institutions and spacious pre-war housing.

Living in Crown Heights is vibrant. Franklin Avenue is one of the trendiest dining strips in the borough, while Eastern Parkway offers a grand, tree-lined promenade designed for sunday strolls.

Real Estate & Housing Market

The market for homes for sale in Crown Heights is diverse. To the north, you find grand townhouses and limestone mansions. To the south, large pre-war elevator buildings offer co-ops and rentals.

It is a market that offers value compared to neighboring Prospect Heights, while sharing many of the same amenities.

Lifestyle & Community

The lifestyle in Crown Heights is eclectic. Residents drink cocktails at intricate speakeasies on Franklin Ave, buy spices at Caribbean markets on Nostrand, and visit the Brooklyn Children's Museum.

The community is a unique blend of Afro-Caribbean families, the Chabad-Lubavitch Jewish community, and new residents.

Transportation & Accessibility

Crown Heights has distinct transit advantages. The 2/3/4/5 express trains on Eastern Parkway whisk commuters to Wall Street in 20 minutes.

The A/C trains serve the northern section, providing excellent coverage.

Parks, Schools & Amenities

Brower Park is a local favorite, and the neighborhood borders the Brooklyn Botanic Garden. The Weeksville Heritage Center provides deep historical context to the area.

Amenities are rich: varied dining, proximity to the Brooklyn Museum, and strong community centers.

Who This Neighborhood Is Best For

Crown Heights is best for diversity seekers, commuters (the express trains are unbeatable), and buyers wanting spacious pre-war apartments near Prospect Park.

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