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Condominium · 2002
866 Eastern Parkway
866 Eastern Parkway, at Albany Avenue, Brooklyn — Crown Heights
Buildings·Condominium

866 Eastern Parkway

866 Eastern Parkway, at Albany Avenue, Brooklyn — Crown Heights

Crown Heights, Brooklyn

BBL 3012727501 · BIN 3378303

At a glance
Year built
2002
Type
Condominium
Units
23
Floors
7
Amenities
Elevator, intercom and parking component
Landmark status
Not an individual landmark; not in a historic district
NYC Landmarks Preservation Commission and City Planning records, updated February 2026

866 Eastern Parkway sales history: 6 recorded sales

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As seen inThe Wall Street Journal★ 92 reviews on Google

866 Eastern Parkway is a seven-story condominium with 23 residences above and alongside separately owned nonresidential space. The property includes parking lots and community-facility or professional units as well as apartments. That mixed structure explains why the overall condominium has many more tax lots than homes.

The building stands at Albany Avenue on Eastern Parkway, with additional addresses along the avenue. The Kingston Avenue subway station is a short distance west. Its construction in the early 2000s places it in an earlier generation of Crown Heights condominium development.

The residential tax benefit remains active on the 2027 roll. A separate commercial benefit applies within the same condominium property, so the two programs should be understood in relation to the particular lot being purchased. The largest residential owner holds two of the 23 apartments, leaving the apartment ownership broadly dispersed.

Architecture and unit composition

The residential portion rises within a seven-story elevator building. The property occupies a broad corner parcel, with roughly 100 feet of frontage recorded by DOF. Apartment sizes in the transaction history are commonly above 1,000 square feet, including several layouts around 1,300 to 1,400 square feet and some substantially larger homes.

The apartment inventory therefore contains relatively substantial interiors for a building with only 23 residences. The largest spaces do not all have the same use: professional and community-facility condominium units also occur in the property. Floor area alone does not identify a residential apartment.

The lower portion includes independently owned nonresidential premises, while parking spaces appear as separate condominium lots. An apartment, a parking interest and a professional unit can each transfer separately. These are distinct ownership interests within the same overall building.

Building operations

Elevator access and intercom entry serve the residential building. The mixed-use structure adds separately assessed nonresidential owners to the condominium alongside the apartment owners. Allocation of shared expenses follows the condominium's ownership interests and documents.

The residential 421-a benefit began in 2007 with a 25-year term. The commercial ICIP/ICAP benefit began in 2005 with its own 25-year term. Both appear as active on the 2027 roll, but they have different start years and apply to different categories of property.

DOF records identify individual parking lots receiving the commercial benefit. Parking ownership is therefore a separate issue from apartment ownership; an apartment purchaser needs to establish whether a parking lot is part of the same transaction. The residential tax benefit should not be assumed to describe that additional interest.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — under today's cap; material modeled 2030 exposure
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$15,617/yr
Per unit / month range
$0 – $57
Modeled exposure split equally across 23 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.

Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.

See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.

Inspection history
2015–20
Safe
2020–25
Safe
2025–30
Due
Next report due
by Feb 2029
Assessed · 2015–20 to 2020–25
$17,000 in filing penalties
payment status not in the record
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs are due by the deadline stated in the filing.
UnsafeLatest filing: unsafe conditions requiring corrective action.
How to read this, and where it comes from

QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).

Penalties shown are amounts DOB assessed against filings on record across 2015–20 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.

Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.

See the full facade history →

Recent sales

Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Apr 14, 20255B$999,000
Dec 9, 20242A$1,845,000
Jun 12, 20183E$999,950
Aug 24, 20173A$990,000
Feb 15, 20125A$560,000
May 16, 20085C$600,000

Sales sourced from NYC Department of Finance recorded transfers (BBL 3-01272-7501; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.

For owners

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Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.

The Roebling Report

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What to know if you’re buying

Confirm residential use for unusually large lower-floor offerings. The building contains large community-facility and office units as well as residential apartments. Calling a room a bedroom in the listing doesn't make its residential use lawful. A purchaser seeking a home should match the deeded lot to the approved residential occupancy before treating a large interior as an apartment.

Comparable buildings

  • 762 Park Place — A newer condominium with the same residential count and building height, useful for comparing a later construction generation.
  • 1748 Dean Street — A condominium of similar residential scale distributed in a much lower-rise form.
  • Hello Sterling — A larger condominium inventory in a similar mid-rise building format.
  • The Traymore — Another Eastern Parkway condominium from the 2000s with more residences sharing the property.
  • 1492 Bedford Avenue — A prewar condominium of similar residential scale, offering an older building type for comparison.

More Crown Heights buildings

The neighborhood

For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Crown Heights.

How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.

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Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com