Park Place Condominium

Park Place Condominium is a condo located 145 Park Place, in North Slope, Brooklyn. The building was first built in 1925 and is 99 years old. It was first renovated and altered in 2005. The lot that the building was built on is 125 feet wide and 100 feet long. The official lot area is listed as 14,723 square feet. In total, 145 Park Place has a total floor area of 76,245 square feet. Of that, 68,487 square feet are used for residential purposes. About 7,758 square feet of the building are used for commercial purposes. There are a total of 76 units. Of those, 47 are residential units. There are 29 commercial units. 145 Park Place has a total of 8 floors. Thankfully, the building is equipped with elevator service. Residents can acccess the 2 elevators in 145 Park Place.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 114 closings on record, of which we have matching data for 41 listings. In the past 3 years, a listing in this building will typically remain on the market for about 122 days and tend to sell above the original asking price of $1,467,500 by 0.32%. Meaning, listings tend to sell at a median of $1,124 price per square foot. The transaction that took the longest to complete was unit 4A, listed on Sep 08, 2020 for $1,695,000. This particular unit ultimately sold 320 days later for $1,725,000. The most recent transaction was for unit 8A, which was first advertised on May 05, 2023, sold for $2,275,000 on Oct 31, 2023. Fun fact, the oldest transaction we have on record took place on Dec 12, 2006. See the full transaction history for Park Place Condominium below.

North Slope, where 145 Park Place is located, has a median asking price of $1,525,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,467,500. For interested buyers, that means the building's median asking price is around 0.04% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $1,595,000. It is a 1,860 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $580,000. It is a 595 sqft studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, no one-bedroom, 1 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $1,087,500. Collectively, the median square footage of these active units for sale is 1,228 sqft. Active units for sale at 145 Park Place have a median count of 1 bedrooms and have a median count of 1.5 bathrooms.