Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Warburg
Property view

557 St Marks Avenue, 
Brooklyn, NY 11216

$1,600,000


5

Beds


3

Baths


2,272

Sq Ft


Townhouse

Sold

Listed by

Marvin Chu

Mike Laurent

Corcoran Group

MLS#

RPLU-33423107609

Source:

NY REBNY

Sorry, we are unable to map this address

About This Home

557 St Marks Avenue

Welcome to 557 Saint Marks, a two-family townhouse brimming with potential that's primed for both users and developers! Located in the heart of vibrant Crown Heights. this distinguished brick property offers an ideal opportunity to create a personalized masterpiece on an exceptionally desirable block. Adding to its allure and generous lot dimensions of 17' x 128.5', the 2.0 FAR (Floor Area Ratio) allows for approximately 2,100 buildable SF for expansion and development. Remarkably low taxes and its coveted tax-class 1 status make this a sustainable asset for years to come!

The existing layout, consisting of a 4-bedroom, 2-bathroom duplex over a 1-bedroom, 1-bathroom garden apartment, offers both user-friendliness and the added bonus of an income-producing unit. Common elements include amazing (and multiple) exposures, original parquet wood floors, large windows, and spacious living areas. The expansive backyard on an extra-deep lot fulfills the dreams of a true outdoor lover. A single-family conversion to a triplex layout is easily achievable!

With its unrivaled location nestled between Bedford and Franklin Avenues, 557 Saint Marks offers easy access to an array of cultural and outdoor attractions, including dining options and transportation links, making it a highly desirable property to call home. Nearby subway lines include the A/C/S/2/3/4/5, while Prospect Park, the Brooklyn Museum, and Grand Army Plaza are within a mile away. Embrace the opportunity to transform this townhouse into a stunning residence in one of Brooklyn's most sought-after neighborhoods.

Home Facts

Townhouse

3 Baths

5 Bedrooms

Built in 1925

Price Summary

1,600,000

$704 per Sq. Ft.

MLS #:

RPLU-33423107609

Sold:

September 13, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,272 Sq. Ft.


Structure

Structure

Building Area:

2,272 Sq. Ft.

Year Built:

1925


Finances & Disclosures

Finances

Price:

$1,600,000

Price per Sq. Ft:

$704 per Sq. Ft.

MLS Logo
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. RLS Data display by Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.