Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,850,000

· Closed January 23, 2025

40 PARK Place
Looking for something similar?
Closed For Sale Multi Family

$2,850,000

40 PARK Place

Park Slope, Brooklyn

MLS® #RLS11003011

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

5

Bedrooms

2

Baths

N/A

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms 5
Bathrooms 2
Lot Size 2,000 sq ft
Year Built 1901
Ownership None
Property Taxes $9,156/yr
Neighborhood Park Slope
Floor 1 of 3

Property Highlights

  • Views: Other
  • Fireplace: 1 fireplace
  • Style: WalkUp architecture

Property Details

Type Multi Family
Ownership None
Total Rooms 10
Baths 2 Full
Floor 1 of 3
View Other
Pets Yes
Year Built 1901
Architectural Style WalkUp
Basement Other
Lot Size 2,000 sq ft
Parcel # 00941-0026
Block/Lot 00941/0026

Description

Welcome to 40 Park Place, a rare opportunity to own a home in the highly sought-after Park Slope neighborhood in Brooklyn. This property presents a canvas for you to transform it into your dream home, offering a unique chance to create a space that reflects your style and preferences, and awaits its next owner. Currently configured as a legal 2-family dwelling, this property offers flexibility. Seamlessly convert it into a single-family home. This lovely home envelopes you in warmth and character as you walk through timeless with original details invoking classic nostalgia.

This 20x45 home has over 2,760 sq ft of livable space featuring 5 bedrooms and 2 full baths. Composed of two apartments. Unit 1- 3 bedrooms, 1 bath, Unit 2 - 2 bedrooms, 1 bath. This townhouse with a north/west orientation, high ceilings, a total of 5 marble fireplaces, and oversized windows, and two original floor-length built-in gilded mirrors.

Situated on a designated tree-lined block, 40 Park Place offers an excellent location between 5th and 6th avenues. Close proximity to everything Park Slope has to offer, Grand Army Plaza farmers Market, the Brooklyn Public Library, Brooklyn Botanical Gardens, Barclay's Center, Prospect Park, 20 minutes to Manhattan, and the finest cafes, restaurants many reasons to live in this vibrant Neighborhood.

Features & Amenities

Interior Features

Smoke Free In Unit Fireplace (1)

Building Amenities

Green Building

Building Information

Total Units 2
Stories 3
Style WalkUp

Financial Details

RE Taxes $9,156/yr ($763/mo)
Original Price $3,200,000
Sale Price $2,850,000
Previous Price $2,999,999

Park Slope is a well-known Brooklyn neighborhood, recognized for its tree-lined streets and preserved brownstones. Bordering the western edge of Prospect Park, the neighborhood offers convenient access to green space. The real estate market features a mix of historic townhouses, cooperatives, and modern condominiums, within walking distance of the park.

Park Slope Live Market Data

View Neighborhood

Active Listings

88

Median Asking Price

$1.75M

Median $/Sqft

$1,422

Avg Days on Market

N/A

New This Week

15

Price Reduced

13%

Sold (30 Days)

23

Median Sale Price

$1.67M

Live data from RLS at REBNY • Updated 3/25/26, 7:33 PM EST

Similar Listings in Park Slope

View All

Location

Loading map...

40 PARK Place, Park Slope, Kings County

MLS® ID: RLS11003011
First Listed: 8/21/2024
On Market: 8/21/2024
Price Changed: 2/3/2025
Closed: 1/23/2025
Contract Date: 8/21/2024

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Traci Byers

Listing Contact: (212) 381-2578

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 3/25/2026 at 11:33 PM UTC

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

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

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton