250 Park Place

250 Park Place is a Co-op located in Prospect Heights, Brooklyn. The building was first built in 1915 and is 109 years old. It was first renovated and altered in 1985. The lot that the building was built on is 59 feet wide and 100 feet long. The official lot area is listed as 5,900 square feet. The building itself is 59 feet wide and 83 feet long. In total, 250 Park Place has a total floor area of 16,160 square feet. Of that, 16,160 square feet are used for residential purposes. There are a total of 16 units. Of those, 16 are residential units. 250 Park Place has a total of 5 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Don't forget to take full advantage of the roof deck where you can soak up some sun during summer or host a get together with your friends and family. Alternatively, take a stroll around the building's garden. 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 19 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 123 days The transaction that took the longest to complete was unit 2A, listed on Sep 21, 2021 for $899,000. This particular unit ultimately sold 211 days later for $986,000. The most recent transaction was for unit 3B, which was first advertised on Apr 24, 2023, sold for $1,030,000 on Aug 10, 2023. Fun fact, the oldest transaction we have on record took place on Apr 26, 1977. See the full transaction history for 250 Park Place below.

Prospect Heights, where 250 Park Place is located, has a median asking price of $845,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $800,000. For interested buyers, that means the building's median asking price is around 0.05% 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.