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11 Park PlaceBrooklyn, NY 11217

For Sale

$4,795,000

Smart Buyer Rebate $59,938

Welcome to 11 Park Place, a rare opportunity in the heart of prime Park Slope.

This fully renovated 3-unit townhouse combines modern living with excellent income potential in one of Brooklyn’s most desirable neighborhoods. Each residence has been thoughtfully updated with hardwood floors, spacious layouts, sleek kitchens with stainless steel appliances, and in-unit washer/dryers—making it completely turnkey for both residents and investors.

For those looking to live in Park Slope while leveraging rental income, this property offers the best of both worlds. Unit 1, currently available, is a spacious two-bedroom, two-and-a-half-bath duplex featuring a huge finished cellar level with direct access to a large private backyard and deck—perfect for indoor-outdoor living. With two additional units already leased and generating strong returns, an owner-occupant can enjoy a beautifully renovated home while offsetting expenses through rental income. For investors, it’s a prime addition to any portfolio, with immediate cash flow in place.

Current rent roll:

Unit 1: Currently listed at $9,000/month

Unit 2: Leased at $7,000/month

Unit 3: Leased at $7,500/month

Ideally located just blocks from Prospect Park, multiple subway lines, Barclays Center, and Park Slope’s endless shopping and dining, this property checks all the boxes for both lifestyle and investment.

Contact us today for the full rent roll and expense breakdown. Don’t miss the chance to own a fully renovated, high-income property in one of Brooklyn’s most sought-after neighborhoods.

Listed by Adam Sadel

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License #10301214188

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Compass

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(201) 370-8465

Listed by JOSHUA GOLAN

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License #10301215797

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Compass

Last updated September 03, 2025

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Source: REBNY #RLS20043261

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorth Slope
  • Bedrooms6
  • Bathrooms6.5
  • Days on Prevu19
  • Taxes$9,804/year
  • Size3,500 sqft
  • Price per sqft$1,370

Amenities

  • Dishwasher

Location

Mortgage Calculator

Listing History

08/18/2025
Listed by Compass
$4,795,000

Estimated Closing Costs

Total
$176,846
Attorney Fees
$4,000
NYC Mansion Tax
$71,925
Title Insurance
$21,578
Bank Attorney
$1,500
Mortgage Recording Tax
$73,843
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $4,795,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 11 Park Place

Association

Amenities

  • Pets Allowed: Building No, No

Exterior

Construction

  • Number Of Units Total: 3
  • Property Condition: Excellent
  • Stories Total: 3
  • Structure Type: Multi Family
  • Year Built: 1899
  • Entry Level: 1

Measurements

  • Building Area Total: 3,500
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 17
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $9,804.00

Interior

Features

  • Appliances: Dishwasher
  • Flooring: Hardwood
  • Interior Features: Breakfast Bar, High Ceilings

Measurements

  • Living Area: 3,500
  • Living Area Units: SquareFeet

Rooms

  • Basement: Full
  • Has Basement: Yes
  • Bathrooms Full: 6
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 7
  • Bedrooms Total: 6
  • Rooms Total: 12

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Park Slope
  • Tax Block: 00938
  • Tax Lot: 0078

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: In Unit, See Remarks

Based on information from Real Estate Board of New York and/or other sources. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.