1390 Eastern Parkway
Description
ARE YOU LOOKING FOR A TURNKEY INVESTMENT OPPORTUNITY?
You won't want to bypass this one. The upgrades for a rental property are exceptional; all separate meters, tankless water systems operating for each unit along with the Nest thermostat. Generating approximately $90K from May to December, low operating costs and exceptionally low taxes under $3K, this is a true gem with absolutely zero work to be done except turning the key.
Experience luxury and expansive living at this stunning, solid-brick,...
ARE YOU LOOKING FOR A TURNKEY INVESTMENT OPPORTUNITY?
You won't want to bypass this one. The upgrades for a rental property are exceptional; all separate meters, tankless water systems operating for each unit along with the Nest thermostat. Generating approximately $90K from May to December, low operating costs and exceptionally low taxes under $3K, this is a true gem with absolutely zero work to be done except turning the key.
Experience luxury and expansive living at this stunning, solid-brick, 3-family residence on Eastern Parkway. With a generously sized 3,795 lot, whether you're searching for your ideal home or a savvy investment, this property offers low operating expenses and strong rental income potential. It is a perfect choice for both homeowners and investors alike.
This entire property has been renovated with precision and style, featuring high-end finishes, stainless steel appliances which include brand-new designer kitchens and bathrooms with neutral tone palettes. Throughout each floor, you will find wide plank oak hardwood floors adding warmth, in addition to the natural lighting beaming in from its bay windows and skylights. The exceptionally high ceilings enhance each unit to exude an expansive feel.
The property features a thoughtfully designed layout consisting of 4 stories with the cellar. As you enter the garden level, a flexible 3+ bedroom, 3-bathroom duplex connects to a finished basement with its exceptional high ceilings, adding extra living space and direct access to a massive private backyard. Heading up to the second story, it offers a comfortable 3-bedroom, 2-bathroom unit, open floorplan kitchen/dining combo with a kitchen island. Moving along to the 3rd story, you enter into another open layout where the kitchen and living and dining space fuse.
It consists of spacious 4-bedroom, 3-bathroom full-floor unit.
Each unit has a washer dryer and also has separate hot water heaters for each unit's convenience, an upgraded HVAC system, and a brand-new main sewer line. A shared driveway at the rear of the property ensures ample parking for residents which is a great plus.
The highly desirable Crown Heights neighborhood along the historic Grand Eastern Parkway, this residence is just blocks from the 3/4 subway lines, providing easy access to local businesses, Prospect Park, and a quick commute to Manhattan, not to mention the fantastic property taxes which fall under $3,000 annually!
Listing Agents
![Haritini Pandis]()
haritini.pandis@compass.comP: (917)-468-8010
![Joseph Vassallo]()
joseph.vassallo@compass.comP: (917)-685-6453
![House N Key Team]()
housenkey@compass.comP: (718)-921-0500
Amenities
- Common Garden
- Hardwood Floors
- Bay Windows
- Walk Up
- Washer / Dryer in Unit
- Total Renovation
- Recessed Lighting
- Gas Heat
Property Details for 1390 Eastern Parkway
| Status | Active |
|---|---|
| Days on Market | 391 |
| Taxes | $230 / month |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 16.0 |
| Compass Type | Multi Family |
| MLS Type | - |
| Year Built | 1910 |
| Lot Size | 3,795 SF / 24' x 156' |
| County | Kings County |
| Buyer's Agent Compensation | 1% |
| Compensation Remarks | n/a |
Building
1390 Eastern Pkwy
Location
Building Information for 1390 Eastern Parkway
Payment Calculator
$10,185 per month
30 year fixed, 6.845% Interest
$9,955
$230
$0
Property History for 1390 Eastern Parkway
| Date | Event & Source | Price |
|---|---|---|
| 09/30/2025 | Listed (Active) Manual | $1,899,999 |
| 09/30/2025 | Temporarily Off Market Manual | — |
| 05/19/2025 | Price Change Manual | $1,995,000 |
| 05/12/2025 | Listed (Active) Manual | $2,099,999 |
| 05/12/2025 | Temporarily Off Market Manual | — |
| 02/05/2025 | Price Change Manual | $2,099,000 |
| 11/29/2024 | Price Change Manual | $2,268,000 |
| 11/29/2024 | Price Change Manual | $2,270,000 |
| 10/12/2024 | Listed (Active) Manual | $2,295,000 |
| 05/15/2024 | — | |
| 05/09/2024 | $1,995,000 | |
| 05/03/2024 | $1,995,000 +146.8% / yr | |
| 04/04/2024 | — | |
| 04/03/2024 | Contract Signed OLR #94820TH | $1,995,000 |
| 03/13/2024 | Listed (Active) OLR #94820TH | $1,995,000 |
| 05/24/2023 | $850,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1390 Eastern Parkway
Schools near 1390 Eastern Parkway
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 189 Lincoln Terrace PublicK to 8 | ||
New Heights Middle School Public6 to 8 | ||
ASPIRATIONS DIPLOMA PLUS HIGH SCHOOL Public9 to 12 | ||
Is 340 Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.