$1,895,000
Original price: $1,950,000
- 6 Beds
- 3 Baths
- 3,000 sqft
565 Eastern Pkwy, Brooklyn, NY 11216
Est. Mortgage $11,186/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1901
$632/sqft
Local Information
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About this House
Welcome to 565 Eastern Parkway – A Remarkable Opportunity for Homeowners and Investors Alike!
This vacant 2-family townhouse offers exceptional potential for both personal use and income generation. Located on the iconic Eastern Parkway, this is a rare opportunity to create your dream home or maximize its investment potential in one of Brooklyn's most sought-after neighborhoods.
Boasting an impressive footprint, this is a great-sized townhouse with tremendous upside, making it the perfect opportunity to bring your contractor and vision to create a truly spectacular home tailored to your needs.
Key Features:
3-Story Townhouse: Three spacious living floors plus a full cellar, offering endless possibilities for redesign and customization.
Separate entrance for garden level apartment
Generous Dimensions: The building measures 20' × 50' on all four levels and sits on an expansive 20' × 100' lot.
Flexible Owner's Layout: An ideal opportunity to create a spacious owner's duplex on the upper floors while renting out the garden apartment for additional income to help offset your mortgage.
Excellent Investment Potential: A rare value-add opportunity in a prime Brooklyn location.
Additional Highlights:
Large front yard overlooking the picturesque Eastern Parkway
30-foot backyard
Just moments from the Nostrand Ave, Kingston Ave, and Franklin Ave subway stations
Surrounded by an abundance of restaurants, cafés, bars, and just minutes from Prospect Park
Offered at $1.895M, this is an exceptional opportunity to restore and customize a classic Brooklyn townhouse exactly to your taste. Whether you're an end user looking to create your forever home or an investor seeking a value-add project, 565 Eastern Parkway offers tremendous upside.
Don't miss this rare opportunity to bring your contractor and transform this property into something truly extraordinary
This vacant 2-family townhouse offers exceptional potential for both personal use and income generation. Located on the iconic Eastern Parkway, this is a rare opportunity to create your dream home or maximize its investment potential in one of Brooklyn's most sought-after neighborhoods.
Boasting an impressive footprint, this is a great-sized townhouse with tremendous upside, making it the perfect opportunity to bring your contractor and vision to create a truly spectacular home tailored to your needs.
Key Features:
3-Story Townhouse: Three spacious living floors plus a full cellar, offering endless possibilities for redesign and customization.
Separate entrance for garden level apartment
Generous Dimensions: The building measures 20' × 50' on all four levels and sits on an expansive 20' × 100' lot.
Flexible Owner's Layout: An ideal opportunity to create a spacious owner's duplex on the upper floors while renting out the garden apartment for additional income to help offset your mortgage.
Excellent Investment Potential: A rare value-add opportunity in a prime Brooklyn location.
Additional Highlights:
Large front yard overlooking the picturesque Eastern Parkway
30-foot backyard
Just moments from the Nostrand Ave, Kingston Ave, and Franklin Ave subway stations
Surrounded by an abundance of restaurants, cafés, bars, and just minutes from Prospect Park
Offered at $1.895M, this is an exceptional opportunity to restore and customize a classic Brooklyn townhouse exactly to your taste. Whether you're an end user looking to create your forever home or an investor seeking a value-add project, 565 Eastern Parkway offers tremendous upside.
Don't miss this rare opportunity to bring your contractor and transform this property into something truly extraordinary
Contact this Building
Last check for updates: about 5 hours ago
Listing by: Lang Realty LLC, (305) 890-1374
Rafael Gutnick
Source: StreetEasy, MLS#S1837976
Home Details for 565 Eastern Pkwy
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MLS Status: Active |
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Interior Details Number of Rooms: 10 |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 3000 Square Feet |
Heating & Cooling No Cooling |
Fireplace & Spa No Fireplace |
View No View |
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Exterior Home Features Patio / Porch: OtherExterior: GardenGarden |
Parking & Garage No Garage |
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Days on Market: 65 |
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Year Built Year Built: 1901 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
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Price List Price: $1,895,000Price Per Sqft: $632 |
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Direction & Address City: BrooklynCommunity: Crown Heights |
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Listing Agent Listing ID: S1837976 |
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Building Area Building Area: 3000 Square Feet |
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HOA Fee: No HOA Fee |
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Special Conditions: Resale |
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Mls Number: S1837976Listing Url |
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STREETEASY Property ID: 24390666STREETEASY Building ID: 82013 |
Around this home
What Locals Say about Crown Heights
At least 1259 Trulia users voted on each feature.
93 % Say there are sidewalks
91 % Say it's walkable to grocery stores
85 % Say it's dog friendly
84 % Say it's walkable to restaurants
74 % Say streets are well-lit
64 % Say kids play outside
62 % Say people would walk alone at night
56 % Say there's holiday spirit
55 % Say neighbors are friendly
48 % Say they plan to stay for at least 5 years
45 % Say there are community events
42 % Say yards are well-kept
37 % Say it's quiet
31 % Say car is needed
29 % Say parking is easy
26 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Market trends in New York
Last updated August 2026
Avg. sale price
$818K
$21.67KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$704
$22MoM
Available listings
16526
1221MoM
Home Value
Trulia Estimate
$1.92MSince last month
Decreased$79K (-3.9%)Since last year
Decreased$8K (-0.4%)Since last sale
Increased$471K (+32.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +29% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.92M |
| August 2026 | $1.87M |
| July 2026 | $2M |
| June 2026 | $1.7M |
| May 2026 | $1.93M |
| April 2026 | $1.93M |
| March 2026 | $1.98M |
| February 2026 | $1.93M |
| January 2026 | $1.91M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Multi-Family Home | $1,465,000 | 03/31/26 | 5 | 3 | 2,348 | |
0.14 | Multi-Family Home | $2,325,000 | 05/12/26 | 6 | 3 | 3,600 | |
0.21 | Multi-Family Home | $2,175,000 | 02/03/26 | 5 | 3 | 2,656 | |
0.24 | Multi-Family Home | $1,925,000 | 09/25/25 | 9 | 3.5 | 3,000 | |
0.32 | Multi-Family Home | $1,400,000 | 10/24/25 | 5 | 4 | 3,000 | |
0.05 | Multi-Family Home | $2,975,000 | 07/22/26 | 4 | 4 | 3,210 | |
0.52 | Multi-Family Home | $1,637,549 | 03/17/26 | 6 | 3 | 3,200 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $1,700,000 | 24 | 8 | - | For Sale | |
0.05 | $2,975,000 | 4 | 4 | 3,210 | Recently Sold | |
0.10 | $2,987,600 | 6 | 3 | - | Off Market | |
0.08 | $2,150,000 | 7 | 3 | 3,355 | For Sale | |
0.08 | $2,018,100 | 6 | 3 | 3,207 | Off Market | |
0.12 | $1,739,200 | 3 | 2 | 2,040 | Off Market | |
0.13 | $1,390,000 | 3 | 1 | 1,520 | Recently Sold | |
0.09 | $1,550,000 | Studio | 8 | 3,800 | For Sale | |
0.09 | $1,550,000 | Studio | 8 | - | For Sale | |
0.14 | $1,500,000 | 4 | 3 | 2,750 | Recently Sold | |
0.13 | $1,087,100 | 3 | 1 | 1,250 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 10, 2026 Source: StreetEasy #S1837976 | PriceChange | $1,895,000 Price decreased by 3% |
Jul 13, 2026 Source: StreetEasy #S1837976 | Listed For Sale | $1,950,000 |
Jun 9, 2026 Source: N/A | Sold | $1,450,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,742 | $1,823,000 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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Frequently asked questions about 565 Eastern Pkwy
- What is the estimated monthly payment for 565 Eastern Pkwy?Based on a $1,895,000 list price with 20% down at today's rates, the estimated monthly payment for 565 Eastern Pkwy in Brooklyn, NY is approximately $11,431 (about $10,219 principal & interest, $1,137 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 565 Eastern Pkwy compare to homes in Brooklyn?565 Eastern Pkwy in Brooklyn, NY is listed at $1,895,000, about 132% above the $818K median sale price in Brooklyn.
- What do residents say about the Crown Heights neighborhood?Residents describe the Crown Heights neighborhood in Brooklyn, NY as pedestrian-friendly, walkable to grocery stores, and dog-friendly. See homes for sale in Crown Heights, Brooklyn.
- What are the closest schools to 565 Eastern Pkwy?The closest schools to 565 Eastern Pkwy in Brooklyn, NY are Medgar Evers College Preparatory School (Middle/High, rated 6/10), Ps 138 (Pre-K/Elementary/Middle, rated 9/10), The School Of Integrated Learning (Middle, rated 10/10).
565 Eastern Pkwy, Brooklyn, NY 11216 is a 6 bedroom, 3 bathroom, 3,000 sqft multi-family built in 1901. 565 Eastern Pkwy is located in Crown Heights, Brooklyn. This property is currently available for sale and was listed by StreetEasy on Jul 13, 2026. The MLS # for this home is MLS# S1837976.

