$10,000

closing credit¹

511 Eastern Pkwy Brooklyn, NY 11216

$2,149,000
18 beds
14 full
12,008 sqft
$179 / sqft
Multi-Family

Property details

About 511 Eastern Pkwy

An amazing investment opportunity. 14 units in Crown Heights, Brooklyn. Consist of 11 one bedroom apartments. 2, two bedrooms and 1 three bedroom apartment. Conveniently located close to 2,3 & 4 train, plus buses. Great location. Short distance to Prospect Park, Brooklyn Botanic Garden and much, much more. Short distance to restaurants and shopping.

Highlights

Home typeMulti Family
HeatingSteam, Natural Gas
StatusActive
Size12,008 sqft
BasementYes
Year built1920
ParkingNone, Street
MLS #486696
FireplaceStove

Summary

  • MLS Number: 486696
  • Office Name: Excell Choice Realty

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

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Last updated on: 1/18/2025, 11:55:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,149,000

511 Eastern Pkwy

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2020$300,600$31,723
2019$300,600$31,540
2018$251,100$20,501
2017$231,300$17,334

History based on county public records data.

Nearby schools

6

P.S. 161 The Crown School

Public District KG-5

0.3 mi

330 Crown St

7

P.S. 241 Emma L. Johnston School

Public District KG-5

0.5 mi

976 President St

7

P.S. 289 George V. Brower School

Public District PK-5

0.6 mi

900 Saint Marks Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,527. Most Brooklyn, NY residents have annual incomes less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

44%
<35k
36%
35k-100k
8%
100k-200k
12%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
14%
Single, with Kids
19%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
30%
18-34 yrs old
42%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 511 Eastern Pkwy in Brooklyn, NY and zip code 11216 in the Central Brooklyn neighborhood. This 12,008 square foot home was built in 1920. Features: 18 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $2,149,000.

In December 2024 more than 40 listings in Brooklyn, NY were sold above the asking price. During the same period more than 257 listings were sold at asking price, while more than 178 were sold below. The inventory of homes for sale in Brooklyn, NY between November and December 2024 decreased by 10.4%. While the average time on the market in December 2024 was 88 days, the median list price was $987,395.

From Rocket Homes Real Estate and based on county public records data.

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