1796 EASTERN Parkway

$1,299,999

MLS# RLS20106646 · Crown Heights

Price reduced$1,349,000 to $1,299,999$49,001 (3.6%) off

Originally listed at $1,349,000. Price last reduced on August 17, 2026.

Listed July 31, 2026 · 98 days on the market

6 Beds 4 Baths

About This Property

SHOWING FRIDAY, 10/2 12PM - 1PM BY APPOINTMENT ONLY

1796 Eastern Parkway Brooklyn, NY 11233 Own a Brooklyn Home While Rental Income Helps Pay Your Mortgage Legal 3-Units Delivered Vacant FHA Eligible Offered at $1,299,999

Here's your opportunity to own a spacious Brooklyn home while generating rental income to help offset your monthly mortgage. Whether you're a first-timer or looking to move up from a condo or townhouse, 1796 Eastern Parkway offers the flexibility to live comfortably while building long-term wealth through real estate. The owner's duplex features 3 bedrooms, 1.5 bathrooms, and direct access to the backyard, providing the feel of a private home. Upstairs are two additional apartments-a one-bedroom and a two-bedroom-that can generate income to help reduce your housing costs. With FHA financing available with as little as 3.5 Percent down (for qualified buyers), homeownership may be more attainable than you think. Built in 2003 and offering approximately 4,136 square feet, this legal three-unit home also includes two off-street parking spaces, a valuable convenience in Brooklyn. A Great Opportunity to Make It Your OwnThe property is being offered "As Is" and will require repairs and updates. A recent home inspection identified maintenance items and deferred repairs, giving buyers the opportunity to renovate the home to their own style while building equity over time. Rather than paying a premium for someone else's renovations, you can invest in improvements that match your vision and budget.

Why You Will Love It Legal three-unit property Delivered completely vacant Owner's duplex with 3 bedrooms, 1.5 baths, and backyard access Additional one-bedroom and two-bedroom rental apartments FHA financing available for qualified buyers Two off-street parking spaces Built in 2003 Approximately 4,136 square feet Opportunity to customize and add value Rental income can help offset your monthly mortgage Convenient access to transportation, shopping, restaurants, parks, and neighborhood amenities Live Smart. Build Wealth.Imagine owning a home where rental income helps cover your monthly expenses while you enjoy the comfort of your own spacious duplex. As your equity grows and rental income increases over time, your home becomes more than just a place to live-it becomes an investment in your future. Whether you're purchasing your first multi-unit property or upgrading to a home with more space and income potential, 1796 Eastern Parkway offers a rare opportunity to live in one home while benefiting from two additional rental units. Offered at $1,349,000. Sold As Is.

Property Features

Policies

  • Pets allowed
  • Smoke-free

Home features

  • Washer/dryer in unit
  • Wall air conditioning units
  • Private outdoor space (over 60 sq ft)

Building amenities

Services and facilities

  • Assigned parking
  • Garage parking
  • Green building

Estimate

Monthly Cost & Closing Costs

The rate is a placeholder, not a quote. Enter the one your lender gives you.

$7,397 / month

  • Principal and interest$6,574
  • Property taxes$823

Due at closing

  • Down payment (20%)$260,000
  • NYS “mansion tax” (1%)$13,000
  • Mortgage recording tax (1.925%)$20,020

Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.

About the Building

1796 Eastern Parkway is a 3-story walk-up apartments in Crown Heights, completed in 2003 and home to 3 residential units.

The closest subway is Rockaway Av (C), about a 8-minute walk. Ocean Hill Playground is roughly 3 minutes away on foot.

Compiled from NYC public records and open data.

Year Built
2003
Stories
3
Units
3
Building Type
Walk-Up Apartments

View 1796 Eastern Parkway building profile and all listings →

Location & Nearby

Map

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1796 EASTERN Parkway

Subway

  • CRockaway AvAbout 8 min walk
  • LAtlantic AvAbout 9 min walk
  • ACJLZBroadway JunctionAbout 9 min walk

Parks

  • Ocean Hill PlaygroundAbout 3 min walk
  • Howard PlaygroundAbout 4 min walk
  • Hilltop PlaygroundAbout 6 min walk

Public schools · Elementary schools

  • Achievement First Brownsville Charter School · CharterAbout 5 min walk
  • Uncommon Brownsville North Charter School NYC · CharterAbout 6 min walk
  • Christopher Avenue Community SchoolAbout 6 min walk

Middle schools

  • Brownsville Collaborative Middle SchoolAbout 6 min walk
  • Brooklyn Environmental Exploration School (Bees)About 12 min walk

High schools

  • Brooklyn Collegiate: a College Board SchoolAbout 5 min walk
  • Eagle Academy for Young Men IIAbout 11 min walk

Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.

The Neighborhood

About Brooklyn

Crown Heights is covered by our Brooklyn guide.

A dynamic borough offering architecturally significant residences, world-class culture, and an unmatched creative energy.

Walkability

9/10

Public transit

8/10

Schools

7/10

Dining

9/10

Groceries & parks

8/10

Explore Brooklyn

Listing Courtesy of Corcoran Group

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RLS: Real Estate Board of New York Residential Listing Service

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.