NOT LISTED FOR SALE

1851 Park Place Brooklyn, NY 11233

Ocean Hill Neighborhood

Estimated Value: $995,024 - $1,123,000

11 Beds
3 Baths
3,285 Sq Ft
$317/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $950,000 $289 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,123/month

15 Days on Market

Highlights

  • 0.06 Acre Lot
  • Hot Water Heating System
  • 3-minute walk to Prospect Plaza Park
  • Property is near public transit
  • Level Lot

About This Home

As of December 2023

Legal 3 Family Home in fair condition and in need of renovations. The wide hallways and staircases provides easy access for each family to get to their unit. Layout can be reconfigured to meet buyer's needs. Property has 3 electric meters and 3 gas meters. The unfinished basement has a door to the street and also a door to the breezeway leading to the backyard. Top floor has stairs for access to the roof. The area has a lot of new construction and the convenience of the location is attracting many to the area. There is street parking available with schools and transportation close by. Property has low taxes.

Last Agent to Sell the Property

Karlene Tyson

Tysons Real Estate Co Brokerage Phone: 631-253-2952 License #31TY0894236 Listed on: 11/21/2023

Last Buyer's Agent

Karlene Tyson

Tysons Real Estate Co Brokerage Phone: 631-253-2952 License #31TY0894236 Listed on: 11/21/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,350

Year Built

  • Built in 1899

Lot Details

  • 2,555 Sq Ft Lot
  • Lot Dimensions are 20x127.75
  • Two or More Common Walls
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,285 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Brooklyn Collegiate Middle School
  • Brooklyn Collegiate High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 70 / 1464
  • Assessor Parcel Number 01464-0070

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,350

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Multi Family
  • Property Condition: Fair
  • Levels: Three Or More
  • Year Built: 1899
  • New Construction: No
  • Attribution Contact: 631-253-2952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Full, Unfinished
  • Total Bedrooms: 11
  • Living Area: 3285
  • SquareFootage: 3285.00
  • SquareFootageSource: Appraisal
  • NumberOfKitchens: 3

Exterior Features

  • Construction Materials: Brick
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 3
  • SeparateHotwaterHeaterDetail: Y

Association/Amenities

  • Community Features: Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Brooklyn Collegiate

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 20x127.75
  • Lot Size Sq Ft: 2555
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 01464-0070
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 2350.16
  • Tax Block: 1464
  • Tax Lot: 70
  • Tax Map Number: 01464-0070

MLS Schools

  • High School: Brooklyn Collegiate
  • Middle School District: Brooklyn 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2025
Sold by
Hudson Restoration & Development Inc
Bought by
Park Place Associates Llc
Current Estimated Value
$1,087,970

Purchase Details

Listed on
Nov 21, 2023
Closed on
Dec 22, 2023
Sold by
Leary Beryl and Leary Burrell
Bought by
Hudson Restoration & Development Inc
Seller's Agent
Karlene Tyson
Tysons Real Estate Co
Buyer's Agent
Karlene Tyson
Tysons Real Estate Co
List Price
$989,000
Sold Price
$950,000
Premium/Discount to List
-$39,000
-3.94%
Views
839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Feb 11, 2019
Sold by
Fitelson Geraldine and Hill Geraldine
Bought by
Leary Burrell C and Lewis Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,050
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 1997
Sold by
Hill John C and Hill Lola
Bought by
Hill Geraldine and Leary Beryl
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Park Place Associates Llc -- --
Hudson Restoration & Development Inc $950,000 --
Hudson Restoration & Development Inc $950,000 --
Leary Burrell C -- --
Leary Burrell C -- --
Hill Geraldine -- Chicago Title Insurance Co
Hill Geraldine -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leary Burrell C $217,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $950,000 0.0% $289 / Sq Ft
12/06/2023 12/06/23 Off Market $950,000 -- --
11/21/2023 11/21/23 For Sale $989,000 -- $301 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,345 $49,800 $24,420 $25,380
2024 $2,345 $58,620 $24,420 $34,200
2023 $2,350 $71,940 $24,420 $47,520
2022 $2,181 $67,620 $24,420 $43,200
2021 $2,170 $52,200 $24,420 $27,780
2020 $1,628 $63,300 $24,420 $38,880
2019 $2,035 $60,720 $24,420 $36,300
2018 $1,966 $9,643 $3,312 $6,331
2017 $1,856 $9,105 $4,934 $4,171
2016 $1,718 $8,594 $6,051 $2,543
2015 $1,036 $8,109 $4,103 $4,006
2014 $1,036 $8,109 $4,370 $3,739
Source: Public Records

Agents Affiliated with this Home

  • Karlene Tyson

    Seller's Agent in 2023

    Karlene Tyson

    Tysons Real Estate Co

    (516) 398-3915

    1 in this area

    51 Total Sales

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Map

Source: OneKey® MLS

MLS Number: KEY3517582

OneKey® MLS

APN: 01464-0070

New York Kings County Brooklyn 11233 Ocean Hill

1851 Park Place, Brooklyn, NY

This home is located at 1851 Park Place, Brooklyn, NY 11233 since 21 November 2023 and is currently estimated at $1,042,506, approximately $317 per square foot. This property was built in 1899. 1851 Park Place is a home located in Kings County with nearby schools including P.S. 156 Waverly, P.S. Is 155 Nicholas Herkimer, and P.S. 178 Saint Clair Mckelway.

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