Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
400 Lincoln Place #5-C
Closed For Sale Co-op

$480,000

400 Lincoln Place #5-C

Prospect Heights, Brooklyn

MLS® #RLS10854180

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1924

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1924
Ownership Co-op
Maintenance $606/mo
Neighborhood Prospect Heights
Floor 5 of 5

Property Highlights

  • Views: City
  • Exposure: East,North,West facing
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 5
View City
Exposure East,North,West
Pets Yes
Cross Street Underhill Avenue/Washington Avenue
Year Built 1924
Architectural Style Prewar
Block/Lot 1179/103

Listing History

Event Date Price Change
Listed Feb 2, 2023 $480,000 -
Price Reduced Jun 8, 2023 $485,000 +1.0%

Description

90% financing allowed Can sublet for two consecutive years Around the corner from the Brooklyn Museum is a charming and spacious one-bedroom apartment, full of natural light and boasting city skyline views. Step inside the entry foyer, which leads to the kitchen and open living/dining area. Framed by two oversized windows, you can see the treetops over Lincoln Place. Down the hall is a sunny bedroom with an attached bathroom, large enough to fit a home office. The cooperative comprises 46 units, has a flexible sublet policy, and boasts strong financials. The common outdoor space was recently updated and now features a beautiful blue stone garden. Additionally, there is bike and locker storage for a fee, a laundry room in the basement, and a friendly community of residents. Pets are allowed. Nestled between Vanderbilt and Franklin Avenues, you cannot beat the excellent location and access to all the shops, stores, and restaurants. The Brooklyn Botanical Garden, Brooklyn Museum, Prospect Park, Brooklyn Public Library, and Eastern Parkway are just a few blocks away in either direction. And don't forget the fabulous culinary options on Washington Avenue, such as the Michelin-rated Oxalis, located right across the street. Public transportation options abound, with access to the 2, 3, 4, and 5 trains. There is currently a monthly assessment of $45 in place until June 2023, which is included in the advertised maintenance fee of $606. Be in touch for viewing anytime, or stop by our upcoming open house! More photo's coming soon!

Features & Amenities

Interior Features

Entrance Foyer Common Area

Exterior Features

Building Courtyard Building Roof Deck

Building Information

Financial Details

Maintenance $606/mo
Sale Price $480,000
Previous Price $485,000

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

35

Median Asking Price

$1.50M

Median $/Sqft

$1,370

Avg Days on Market

N/A

New This Week

2

Price Reduced

17%

Sold (30 Days)

1

Median Sale Price

$635K

Live data from RLS at REBNY • Updated 5/18/26, 3:22 AM EST

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Location

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400 Lincoln Place #5-C, Prospect Heights, Kings County • Near Underhill Avenue/Washington Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1924
Year Built
102 years old
5
Floors
46
Residential Units
R7A
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $2,986,650
Land Value: $180,000
Exemptions: $11,450

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

Lot Area: 8,000 SF
Building Area: 31,080 SF
Built FAR: 3.89
Allowed FAR: 4

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 $606 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1924, making it approximately 102 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: RLS10854180
First Listed: 2/2/2023
Price Changed: 6/8/2023
Closed: 6/8/2023
Contract Date: 1/31/2023

Listing Courtesy of Compass - Delson Abraham

Listing Contact: (917) 572-2583

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 5/18/2026 at 7:22 AM UTC

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