Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,450,000

· Closed June 7, 2024

225 PARK Place #5C
Closed For Sale Co-op

$1,450,000

225 PARK Place #5C

Prospect Heights, Brooklyn

MLS® #RLS10966768

RLS at REBNY

Listing by Corcoran Group

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1940

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1940
Ownership Co-op
Maintenance $1,374/mo
Neighborhood Prospect Heights
Floor 5 of 6

Property Highlights

  • Views: City
  • Exposure: South facing
  • Style: WalkUp architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 5 of 6
View City
Exposure South
Pets Yes
Year Built 1940
Architectural Style WalkUp
Basement Other
Parcel # 01158-0061-00225-000-000005C
Block/Lot 01158/0061

Listing History

Event Date Price Change
Listed Feb 18, 2024 $1,495,000 -
Currently May 18, 2026 $1,450,000 -3.0%

Description

225 Park Place, unit 5C, is an exquisitely-renovated, perfectly-located TWO BEDROOM, TWO BATH coop, sited on the cusp of two of Brooklyn's favorite neighborhoods PROSPECT HEIGHTS and Park Slope. Just a heartbeat from Prospect Park, this move-in ready home has been RENOVATED from top to bottom in the most comfortably ELEGANT way possible. From the carefully considered marble and Frigidaire Gallery appliances in the windowed cook's kitchen, to the beautiful and contemporary new take on subway tile in the bathrooms, this apartment is a CLASSIC, waiting for you. On the fifth floor of a lovely old-world, ELEVATOR building, facing treetops, and constantly full of light, Unit 5C offers a spacious layout and smart choices. The living area is expansive, the bedrooms, generous. In this pet-friendly, well-cared-for coop, you'll find a wonderfully-tended COURTYARD ready for afternoon relaxation, a clean and inviting laundry room - with its own lending library - and an outstanding staff: live-in super and concierge. And there's a virtual doorman! SPONSOR SALE, so NO BOARD APPROVAL, and buyer pays transfer taxes. Near all that these two neighborhoods have to offer, and an easy stroll to BAM and TFANA, it is located right off Vanderbilt, where you'll find numerous restaurants, interesting shops, and the farmers market at Grand Army Plaza, as well as the B/Q, 2/3 express trains. A terrific reason to call Brooklyn, HOME.

Features & Amenities

Interior Features

Smoke Free Building Other

Exterior Features

None

Building Amenities

Elevators Green Building

Building Information

Building Data View Compliance & Permits
Total Units 59
Stories 6
Style WalkUp

Financial Details

Maintenance $1,374/mo
Original Price $1,495,000
Sale Price $1,450,000
Previous Price $1,495,000

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 5/17/26, 10:25 PM EST

Similar Listings in Prospect Heights

View All

Location

Loading map...

225 PARK Place #5C, Prospect Heights, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1940
Year Built
86 years old
6
Floors
60
Residential Units
R6B
Zoning District
Elevator Apartments Historic District: Prospect Heights Historic District

Tax & Assessment

Assessed Value: $4,633,200
Land Value: $106,650
Exemptions: $68,646

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

Lot Area: 13,646 SF
Building Area: 60,450 SF
Built FAR: 4.43
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 $1,374 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1940, making it approximately 86 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: RLS10966768
First Listed: 2/26/2024
On Market: 2/18/2024
Price Changed: 6/7/2024
Closed: 6/7/2024
Contract Date: 2/26/2024

Listing Courtesy of Corcoran Group - Carol Graham

Listing Contact: (718) 637-3883

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 2:25 AM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton