181 Park Place

181 Park Place is a condo located in Prospect Heights, Brooklyn. The building was first built in 1931 and is 93 years old. It was first renovated and altered in 2013. The lot that the building was built on is 21 feet wide and 131 feet long. The official lot area is listed as 2,751 square feet. The building itself is 21 feet wide and 45 feet long. In total, 181 Park Place has a total floor area of 6,004 square feet. Of that, 6,004 square feet are used for residential purposes. There are a total of 3 units. Of those, 3 are residential units. There are no commercial units in this building. 181 Park Place has a total of 4 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Better yet, washer and dryers are allowed in each unit. 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 11 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 140 days and tend to sell below the original asking price of $2,375,000 by 3.18%. Meaning, listings tend to sell at a median of $1,340 price per square foot. The transaction that took the longest to complete was unit 1, listed on Apr 27, 2015 for $1,699,000. This particular unit ultimately sold 312 days later for $1,645,000. The most recent transaction was for unit 3, which was first advertised on Mar 17, 2022, sold for $2,900,000 on Jun 16, 2022. Fun fact, the oldest transaction we have on record took place on May 18, 1966. See the full transaction history for 181 Park Place below.

Prospect Heights, where 181 Park Place is located, has a median asking price of $1,599,000 for condo buildings. Meanwhile, the building itself has a median asking price of $2,375,000. For interested buyers, that means the building's median asking price is around 1.83% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.