Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $475,000

· Closed September 8, 2025

231 Park Place #12
Closed For Sale Co-op

$475,000

231 Park Place #12

Prospect Heights, Brooklyn

MLS® #RLS20020854

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1931
Ownership Co-op
Maintenance $786/mo
Neighborhood Prospect Heights
Floor 1 of 4

Property Highlights

  • Style: WalkUp architecture
  • Climate Control: Other
  • Character: Pre-war building (1931)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 1 of 4
Heating Natural Gas
Cooling Other
Pets Yes, CatsOk, DogsOk
Year Built 1931
Architectural Style WalkUp
Flooring Hardwood
Furnished Unfurnished
Parcel # 01158-0058-00231-000-0000012
Block/Lot 01158/0058

Listing History

Event Date Price Change
Listed May 2, 2025 $499,000 -
Currently May 7, 2026 $475,000 -4.8%

Description

Why pay $4000 for rent when you can own this for $3400/month with 20% down or $3700/month with only 10% down? Welcome to this charming 1-bedroom, 1-bathroom home in the sweet spot of Prospect Heights, at the nexus of Park Slope and only minutes from Prospect Park. Warm and inviting, this is the perfect starter home and a rare opportunity to join one of Brooklyn’s most vibrant and sought-after communities at an affordable price point. Step inside this first floor apartment to discover a thoughtfully designed space with an open kitchen which seamlessly flows into the dining area and living room, creating a perfect setting for casual gatherings and everyday living. This prewar apartment has 9’ ceilings, lovely hardwood floors, arched doorways and ceiling fans in the living/dining area as well as the bedroom. The windowed kitchen includes a new stainless steel refrigerator and gas stove, ample counter space and lots of cabinets for storage. The bedroom includes a closet with custom shelving. 231 Park Place is a well-run self-managed pet-friendly 16-unit co-op building on a coveted block in the heart of Prospect Heights, just 2 blocks west of Park Slope and literally the epicenter of the vast amenities of both these dynamic neighborhoods. Building amenities include bike storage, part-time super and storage unit available to rent ($40/mo.) on a first come, first serve basis. Co-purchasing, gifting and guarantors are allowed. This lovely home is just steps from Vanderbilt Ave which has a thriving community of popular restaurants, bakeries and cafes, gourmet food shops, bookstores, and vintage shops. It is also the site of Brooklyn’s only Open Streets program where the community can enjoy open auto-free space for outdoor dining, events and recreation every weekend during Spring and Summer. Just a few blocks to the Saturday Farmer’s Market at Grand Army Plaza, Prospect Park, Brooklyn Public Library, Brooklyn Museum of Art, Brooklyn Botanic Garden and Barclays Center. 3 train stops away from Manhattan via the B, Q down the block and only a few minutes walk to the 2, 3 at Grand Army Plaza. Don't miss the opportunity to make this delightful property your own!

Features & Amenities

Interior Features

High Ceilings See Remarks Flooring: Hardwood

Appliances

Gas Cooktop Stainless Steel Appliances

Building Information

Building Data View Compliance & Permits
Total Units 16
Stories 4
Style WalkUp

Financial Details

Maintenance $786/mo
Original Price $499,000
Sale Price $475,000
Previous Price $499,000

Prospect Heights is a compact Brooklyn neighborhood anchored by the Brooklyn Public Library, Grand Army Plaza, Prospect Park, and the Brooklyn Museum. The real estate market features historic brownstones, pre-war cooperatives, and new developments like Pacific Park, with 2/3/B/Q/4 train service.

Prospect Heights Live Market Data

View Neighborhood

Active Listings

42

Median Asking Price

$1.47M

Median $/Sqft

$1,346

Avg Days on Market

N/A

New This Week

8

Price Reduced

7%

Sold (30 Days)

9

Median Sale Price

$1.55M

Live data from RLS at REBNY • Updated 5/7/26, 9:07 AM EST

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Location

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231 Park Place #12, Prospect Heights, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1919
Year Built
107 years old
4
Floors
16
Residential Units
R6B
Zoning District
Walk-Up Apartments Historic District: Prospect Heights Historic District

Tax & Assessment

Assessed Value: $975,600
Land Value: $186,300
Exemptions: $11,450

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 5,175 SF
Building Area: 12,986 SF
Built FAR: 2.51
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $786 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1931, making it approximately 95 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20020854
First Listed: 5/2/2025
On Market: 5/2/2025
Price Changed: 9/10/2025
Closed: 9/8/2025
Contract Date: 4/10/2025

Listing Courtesy of Compass - Helen Chee

Listing Contact: (347) 733-5801

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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/7/2026 at 1:07 PM UTC

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