231 Park Place

231 Park Place is a Co-op located in Prospect Heights, Brooklyn. The building was first built in 1919 and is 105 years old. The lot that the building was built on is 40 feet wide and 131 feet long. The official lot area is listed as 5,175 square feet. The building itself is 40 feet wide and 100 feet long. In total, 231 Park Place has a total floor area of 12,986 square feet. Of that, 12,986 square feet are used for residential purposes. There are a total of 16 units. Of those, 16 are residential units. 231 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. Both dogs and cats are allowed in the building! There are 52 closings on record, of which we have matching data for 8 listings. In the past 3 years, a listing in this building will typically remain on the market for about 101 days The transaction that took the longest to complete was unit 15, listed on Sep 25, 2015 for $460,000. This particular unit ultimately sold 252 days later for $511,000. The most recent transaction was for unit 15, sold for $705,000 on Apr 24, 2023. Fun fact, the oldest transaction we have on record took place on Apr 14, 1972. See the full transaction history for 231 Park Place below.

Prospect Heights, where 231 Park Place is located, has a median asking price of $837,500 for co-op buildings. Meanwhile, the building itself has a median asking price of $662,000. 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.

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 $875,000. It is a 2 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $570,000. It is a 525 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 1 one-bedroom, 1 two-bedroom, units for sale! The median price of all the active units for sale in the building is $722,500. Collectively, the median square footage of these active units for sale is 263 sqft. Active units for sale at 231 Park Place are mostly 1.5-bedroom apartments Active units for sale at 231 Park Place have a median count of 1.5 bedrooms and have a median count of 1 bathroom.