NOT LISTED FOR SALE

686 Park Place Brooklyn, NY 11216

Crown Heights Neighborhood

Estimated Value: $1,948,000 - $3,246,000

-- Bed
-- Bath
3,348 Sq Ft
$776/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $2,250,000 $672 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $14,477/month

72 Days on Market

About This Home

As of July 2018

Stunning period detail with highly detailed woodwork ... and the best location near Franklin avenue in the hippest stretch of prime Crown Heights. Gorgeous original mantles, grand Parlor pier mirror, fretwork, bay-windows, wood-inlay on floors, and vintage built in cabinetry throughout. Convert to a stunning Single Family, Two Family or keep as a Three, this magnificent Three Family townhouse sits 19.75ft wide and 55ft deep on a 131ft deep lot with a landscaped yard that goes on forever, including your own fish pond. Currently set up with an apartment on each floor - top floor 2 to 3BR, parlor floor 1 to 2BR, garden level 2BR, and separate finished cellar - 3348sf on the public record, the finished cellar rec area with 7ft ceilings makes for approx 4248sf of usable space. Keep as a three-unit to maximize your income, or reconfigure to create truly magnificent six-bedroom upper duplex and a garden-cellar duplex rental.Close to the Franklin Ave 2/3/4/5, and all the restaurants, bars and nightlife of Franklin Avenue. This is a truly rare townhouse offering. Call now to be among the first to view later in April.

Last Agent to Sell the Property

Jonah Cohen

Corcoran Group License #10301209913 Listed on: 04/08/2018

Corcoran Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,798

Year Built

  • Built in 1900

Lot Details

  • 2,570

Community Details

  • 3 Units
  • Crown Heights Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,798

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cross Street: Franklin Avenue/Bedford Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Building Info

  • Units: 3
  • Year Built: 1900

Tax Info

  • Tax Lot: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2018
Closed on
Jul 20, 2018
Sold by
Kujat Krista
Bought by
Byrne Eugene and Lister Kalen
Seller's Agent
Jonah Cohen
Corcoran Group
List Price
$2,250,000
Sold Price
$2,250,000
Current Estimated Value
$2,598,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,609
Avg. Annual Appreciation
2.41%
Original Mortgage
$1,912,500
Outstanding Balance
$1,667,814
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$995,992

Purchase Details

Closed on
Aug 15, 2005
Sold by
Smith Jean and Smith Joseph
Bought by
Kujat Krista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,250
Interest Rate
5.68%

Purchase Details

Closed on
Jun 5, 1984
Sold by
Stadow Realty Corp
Bought by
Smith Jean
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Byrne Eugene $2,355,000 --
Kujat Krista $815,000 --
Kujat Krista $815,000 --
Smith Jean -- --
Smith Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrne Eugene $1,912,500
Previous Owner Kujat Krista $7,790
Previous Owner Kujat Krista $55,250
Previous Owner Kujat Krista $556,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $2,250,000 0.0% $672 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
04/08/2018 04/08/18 For Sale $2,250,000 -- $672 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $3,798 $123,900 $22,860 $101,040
2024 $3,798 $118,440 $22,860 $95,580
2023 $3,840 $123,360 $23,820 $99,540
2022 $3,746 $104,340 $23,820 $80,520
2021 $3,726 $97,020 $23,820 $73,200
2020 $1,747 $109,980 $23,820 $86,160
2019 $3,296 $109,560 $23,820 $85,740
2017 $3,188 $15,638 $3,259 $12,379
2016 $2,949 $14,754 $4,151 $10,603
2015 $1,779 $13,919 $5,874 $8,045
2014 $1,779 $13,132 $6,463 $6,669
Source: Public Records

Agents Affiliated with this Home

  • Jonah Cohen

    Seller's Agent in 2018

    Jonah Cohen

    Corcoran Group

    (413) 429-6781

    4 in this area

    32 Total Sales

    Jonah Cohen
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10049193

Real Estate Board of New York (REBNY)

APN: 01238-0028

New York Kings County Brooklyn 11216 Crown Heights

686 Park Place, Brooklyn, NY

This home is located at 686 Park Place, Brooklyn, NY 11216 since 08 April 2018 and is currently estimated at $2,598,609, approximately $776 per square foot. This property was built in 1900. 686 Park Place is a home located in Kings County with nearby schools including Elijah Stroud Middle School, Explore Exceed Charter Lower School, and Epiphany Lutheran School.

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Real Estate Board of New York (REBNY) 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.

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