Back 849 Park Place
Off Market

849 Park Place

New York NY 11216

4410 sq. ft.
2640 sq. ft.
Multi-Family
Last sold for $2,250,000
Marc YaverbaumMarc Yaverbaum, last sold this property on 29 April 2026 after -44 days on market.

Overview

This property is being sold by a bankruptcy trustee via auction pursuant to a Court Order. 849 Park Place is a 25' X 105.58' lot improved by a semi-detached, 3-story, 5-family, walk-up residence. Bring your contractor as the improvement to the property is in need of an extensive renovation. Zoned R6, this property also presents a redevelopment opportunity of +/-5,808 total square feet. This property sells on April 29, 2026 at 11:00 a.m. (EST) via Zoom with an opening bid of no less than $2,300,000. Only those who qualify to bid in accordance with the Biding Procedures will receive a link to the participate at the Auction Sale. To be permitted to bid on the real property, by 5:00 p.m. (EST) on April 27, 2026, each prospective bidder must: (i) register with MYC by completing and returning the Registration Form; (ii) deliver to the Trustee the original signed Bidding Procedures; and (iii) tender the Required Deposit which is a bank check in the amount of $230,000 made payable to "David J. Doyaga, Sr. as Trustee". This property will be delivered in "as-is, where-is" condition. Any sale of this property is "all-cash" and will not be contingent upon financing. This property will be sold free and clear of all tenancies, occupancies, leasehold interests, liens, claims, and encumbrances. Disclaimer ... All information provided by MYC & Associates, Inc. is from public documents or third-party sources, is not guaranteed and should be independently verified. The information herein is subject to errors and omissions. The subject property may be sold or withdrawn from the market without notice. MYC & Associates, Inc. does not represent or warrant the accuracy, authenticity, or completeness of any information and is not liable for any reliance thereon.

Features

4410 sq. ft. floor area
2640 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in New York over the last 12 months, the estimated median property value of 849 Park Place is $1.7m.

Median value
$1.7m
Estimated value range
$1 - $2.5m
Median days on market
31
Estimated value trend
-14%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in New York. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 849 Park Place

2026
Sold
$2,250,000
29 Apr 2026 by Marc Yaverbaum
1981
Sold
$38,181
01 Sep 1981

Happy sellers in New York

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We have insufficient information to provide an overview of customer satisfaction for New York. Viewing the agent profiles, reviews and sales for New York can provide insights for this location.

Local market activity for multi families in New York

In the last 12 months, 5 multi families similar to 849 Park Place, have been sold.

This represents a 45% increase in multi families sales when compared to the previous 12 months.

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