207 Park Place

207 Park Place is a Co-op located in Prospect Heights, Brooklyn. The building was first built in 1901 and is 125 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, 207 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 10 units. Of those, 10 are residential units. 207 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. Residents who own pets will be happy to hear that the building is pet-friendly. There are 19 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 207 days Meaning, listings tend to sell at a median of $1,030 price per square foot. The transaction that took the longest to complete was unit 3E, listed on Jul 11, 2019 for $1,545,000. This particular unit ultimately sold 314 days later for $1,530,000. The most recent transaction was for unit 4E, which was first advertised on Apr 24, 2023, sold for $1,801,000 on Nov 17, 2023. Fun fact, the oldest transaction we have on record took place on May 04, 1972. See the full transaction history for 207 Park Place below.

Prospect Heights, where 207 Park Place is located, has a median asking price of $865,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $1,559,000. For interested buyers, that means the building's median asking price is around 0.80% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $765,000. It is a 1-bedroom and 1-bathroom unit.