205 Park Place

205 Park Place is a Co-op located in Prospect Heights, Brooklyn. The building was first built in 1901 and is 123 years old. The lot that the building was built on is 38 feet wide and 131 feet long. The official lot area is listed as 4,978 square feet. The building itself is 38 feet wide and 98 feet long. In total, 205 Park Place has a total floor area of 12,572 square feet. Of that, 12,572 square feet are used for residential purposes. There are a total of 16 units. Of those, 16 are residential units. 205 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. There are 37 closings on record, of which we have matching data for 10 listings. In the past 3 years, a listing in this building will typically remain on the market for about 97 days Meaning, listings tend to sell at a median of $885 price per square foot. The transaction that took the longest to complete was unit 13, listed on Sep 05, 2017 for $699,000. This particular unit ultimately sold 142 days later for $667,500. The most recent transaction was for unit 5, which was first advertised on Apr 17, 2023, sold for $850,000 on Jul 12, 2023. Fun fact, the oldest transaction we have on record took place on May 04, 1972. See the full transaction history for 205 Park Place below.

Prospect Heights, where 205 Park Place is located, has a median asking price of $835,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $660,000. For interested buyers, that means the building's median asking price is around 0.21% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op 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.