Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
55 Parade Place #A10

For Sale · Listing by Sothebys International Realty

55 Parade Place #A10

Prospect Park South, Brooklyn

$575,000

Interested in this property?
Active For Sale Co-op

$575,000

55 Parade Place #A10

Prospect Park South, Brooklyn

MLS® #RLS20083778

RLS at REBNY

Listing by Sothebys International Realty

1
Bedroom
1
Bath
N/A
Sq. Ft.
1927
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Lot Size 20,152 sq ft
Year Built 1927
Ownership Co-op
Maintenance $576/mo
Neighborhood Prospect Park South
Floor 1 of 6

Property Highlights

  • Views: Park Greenbelt
  • Exposure: East facing
  • Character: Pre-war building (1927)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 1 of 6
View Park Greenbelt
Exposure East
Pets Yes
Year Built 1927
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 20,152 sq ft
Block/Lot 05060/0008

Listing History

Event Date Price Change
Listed Apr 14, 2026 $625,000 -
Currently Sep 14, 2026 $575,000 -8.0%

Description

Across from the Parade Grounds: Spacious One-Bedroom with $576 Maintenance Welcome to Residence A10 at 55 Parade Place—a bright, spacious one-bedroom with exceptionally low monthly maintenance, convenient first-floor access and a standout location directly across from the Parade Grounds. Offered at $575,000, A10 is an appealing option for buyers ready to move from renting to owning without taking on high monthly carrying costs. Its generous layout, low maintenance and future rental flexibility also make it attractive to buyers thinking longer term. A welcoming entry foyer opens into a generous living and dining area with plenty of room to relax, entertain and create a dedicated work-from-home space. The renovated, windowed kitchen features granite countertops, stainless steel appliances and excellent storage. The king-size bedroom has room for additional furnishings, while abundant closet space adds everyday practicality. An in-unit washer and dryer may also be installed with board approval. The first-floor setting makes coming and going especially easy—whether returning from the park, walking the dog or carrying groceries home. The apartment has also consistently attracted renters, adding another level of flexibility for a future owner. Subject to board approval, the building permits subletting, giving owners options as their needs change. A10 can serve as a comfortable primary residence today with the potential to become a rental property in the future. Directly across the street, the Parade Grounds offer more than 40 acres of recreation, including tennis courts, playing fields, dog runs and a seasonal café. Prospect Park is approximately a block and a half away, with wooded trails, open lawns and activities throughout the year. The B and Q trains provide convenient access to Manhattan, while the Brooklyn Botanic Garden, Brooklyn Museum, Brooklyn College and neighborhood cafés and restaurants are all nearby. 55 Parade Place is a well-maintained, pet-friendly cooperative with a live-in superintendent, common laundry room and intercom security. With generous space, low monthly maintenance, rental flexibility and two of Brooklyn’s best green spaces just outside your door, Residence A10 offers lasting value in Prospect Park South.

Features & Amenities

Interior Features

Entrance Foyer Elevator Galley Kitchen Kitchen Window Building None Common On Floor Flooring: Hardwood

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 73
Stories 6
Structure HighRise

Financial Details

Maintenance $576/mo
Original Price $625,000
Previous Price $625,000

About Prospect Park South

View All Prospect Park South Listings

Prospect Park South is a designated New York City historic district featuring over 200 architect-designed homes in Queen Anne, Tudor Revival, Colonial Revival, and Italianate styles, many with spacious front yards and original period details. The B and Q trains stop at Parkside Avenue and Prospect Park stations, placing Downtown Brooklyn and Manhattan within easy reach. The neighborhood borders Prospect Park's southern edge, providing direct access to 526 acres of green space including the Parade Ground's athletic fields.

Prospect Park South Live Market Data

View Neighborhood

Active Listings

22

Median Asking Price

$723K

Median $/Sqft

$999

Avg Days on Market

N/A

New This Week

0

Price Reduced

50%

Sold (30 Days)

4

Median Sale Price

$724K

Live data from RLS at REBNY • Updated 9/14/26, 4:35 PM EST

Similar Listings in Prospect Park South

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Location

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55 Parade Place #A10, Prospect Park South, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1927
Year Built
99 years old
6
Floors
73
Residential Units
R7A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $2,656,800
Land Value: $317,250
Exemptions: $0

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

Lot Area: 20,152 SF
Building Area: 85,716 SF
Built FAR: 4.25
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 $576 per month. Confirm the exact amount with Milton Coste 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 1927, making it approximately 99 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 Milton Coste 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: RLS20083778
First Listed: 4/14/2026
On Market: 4/14/2026
Price Changed: 9/14/2026
Contract Date: 4/14/2026

Listing Courtesy of Sothebys International Realty - Melissa Vance

Listing Contact: (212) 431-2440

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 9/14/2026 at 8:35 PM UTC

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Prospect Park South Market Update

4 sales last 30 days · $723K median · 5.5 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Co-op Neighborhood Prospect Park South Borough Brooklyn
County Kings
Floor 1 of 6
Year Built 1927
First Listed 4/14/2026
Maintenance $576/mo

Monthly Costs Estimate

Down Payment 20%

$115,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $576
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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