311 Eastern Parkway is a new five-condo building on Eastern Parkway between Classon and Franklin Avenues, where Prospect Heights meets Crown Heights. It's one I walk by every day: south-facing windows on a wide, open boulevard like Eastern Parkway get great natural light, and the Franklin Avenue 2, 3, 4 and 5 are right at the corner.
Where Things Stand
The Attorney General accepted the offering plan on February 4, 2026, and sales started on February 17. As of November 1, 2026, four of the five homes are listed, one hasn't been publicly listed yet, and none are in contract. The penthouse has already had a price cut, from $2,250,000 to $1,995,000. Join my early access list below and you'll hear when prices or availability change here, before it reaches StreetEasy.
The Numbers So Far
As of November 1, 2026, from the public listings:
Available now: the Garden Triplex, a three-bedroom home with two full baths and two powder rooms, 2,003 square feet, opening onto a private backyard of about 20 by 30 feet
Asking price: $2,375,000, about $1,186 per square foot, with common charges plus taxes of about $2,971 per month
Available now: Residences 3 and 4, two-bedroom, one-bath homes of 932 square feet, each with its own private rooftop space
Asking prices: $1,275,000 and $1,295,000 (about $1,368 and $1,390 per square foot), with common charges plus taxes of about $2,104 per month
Available now: Penthouse 6, a three-bedroom, two-bath duplex of 1,165 square feet with a private terrace, asking $1,995,000 (about $1,712 per square foot), about $2,600 per month
In contract: none yet
Available home: Garden Triplex, 3 bed, $2,375,000
Available home: Residence 3, 2 bed, $1,275,000
I can share details on Residence 4, the penthouse, and the home here that isn't publicly listed yet. Send me a note.
Buying in a New Development?
New construction works differently than a resale: offering plans, sponsor contracts, closing costs and timelines all have their own rules.
A Closer Look at the Building
This is a ground-up building designed around Passive House principles: certified Passive House windows and doors, triple-pane glass, a heavily insulated shell, multi-zone heat pumps and an energy recovery system that brings in filtered fresh air around the clock. In practice that means a home that stays quiet and comfortable on a busy boulevard. Inside there's custom white oak millwork, radiant heated bathroom floors and an in-unit washer and dryer.
No two layouts are alike. The Garden Triplex has the most space and its own backyard. Residences 3 and 4 are full-floor two-bedrooms where a keyed elevator opens right into the home, each with a private rooftop space. Penthouse 6 is a duplex with 18-foot ceilings in the living area and the primary suite on its own level. The building has an elevator, a bike room, storage and a shared roof deck.
Want floor plans? Send me a note and I'll share them.
Crown Heights Highlights
This stretch of Eastern Parkway, the tree-lined boulevard Olmsted and Vaux laid out, sits between brownstone Prospect Heights to the west and the restaurants and cafes of Franklin Avenue in Crown Heights. The Brooklyn Museum, the Brooklyn Botanic Garden and Prospect Park are all a short walk away.
The 2, 3, 4 and 5 at Franklin Avenue, plus the Franklin Avenue shuttle, about a 2-minute walk
The 2 and 3 at Eastern Parkway (Brooklyn Museum), about 8 minutes on foot
The Brooklyn Museum and Brooklyn Botanic Garden a few blocks west, with Prospect Park just beyond
Franklin Avenue's restaurants and cafes around the corner
Katie's Take
I track every new development in Brooklyn, and here's how this one compares: 311 Eastern Parkway is asking about $1,414 a square foot on average, well below 515 Dean Street (about $1,790) and The Prospect (about $1,668), the two Prospect Heights condos that are getting contracts right now. Unlike those two, it has no contracts after more than eight months of selling, and the penthouse has already been cut. If the Passive House build and the parkway light appeal to you, this is a building where a buyer should have real room to negotiate.
Want to see it in person? Let's talk.
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