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425 Lincoln Place

425 Lincoln Place, Brooklyn, NY 11238
6 Units
425 Lincoln Place is a Co-op located in Prospect Heights, Brooklyn. The building was first built in 1907 and is 117 years old. The lot that the building was built on is 28 feet wide and 100 feet long. The official lot area is listed as 2,800 square feet. The building itself is 28 feet wide and 85 feet long. In total, 425 Lincoln Place has a total floor area of 5,670 square feet. Of that, 5,670 square feet are used for residential purposes. There are a total of 6 units. Of those, 6 are residential units. 425 Lincoln Place has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Only cats are allowed in the building. There are 24 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 145 days Meaning, listings tend to sell at a median of $1,005 price per square foot. The transaction that took the longest to complete was unit 1RT, listed on Apr 05, 2016 for $390,000. This particular unit ultimately sold 296 days later for $390,000. The most recent transaction was for unit 1RG, which was first advertised on Jun 29, 2023, sold for $830,000 on Sep 15, 2023. Fun fact, the oldest transaction we have on record took place on Aug 17, 1982. See the full transaction history for 425 Lincoln Place below.

Prospect Heights, where 425 Lincoln 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 $622,500. For interested buyers, that means the building's median asking price is around 0.26% 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.

Building Features

Facilities

Bike Room
Storage Available
Laundry Room

Building Style

Prewar

Pet Policy

Cats Allowed
Dogs Allowed / Cats Allowed

Laundry

Washer / Dryer Allowed

Outdoor Space

Garden
This property description is generated based on publicly available data.

6 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230629 Unit 1RG
06/29/2023
1RG
1 Bed
1 Bath
-
$785,000
bedrooms
1 Bed
bathrooms
1 Bath
$830,000 +5.73%
09/15/2023
Ii Davis
Douglas Elliman Real Estate
20230418 Unit 3R
04/18/2023
3R
1 Bed
1 Bath
-
$749,000
bedrooms
1 Bed
bathrooms
1 Bath
$825,000 +10.15%
07/31/2023
Charles Pigott
Corcoran Group
20210510 Unit 1RG
05/10/2021
1RG
1 Bed
1 Bath
700 ft²
$725,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
700 ft²
$747,500 +3.10%
09/10/2021
Shii Ann Huang
Compass
20200623 Unit 2L
06/23/2020
2L
1 Bed
1 Bath
-
$550,000
bedrooms
1 Bed
bathrooms
1 Bath
$520,000 -5.45%
12/18/2020
Jamey Heinlein
Compass
20160405 Unit 1RT
04/05/2016
1RT
1 Bed
1 Bath
400 ft²
$390,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
400 ft²
$390,000
01/26/2017
Gregory Smith
Citi Habitats, Inc.
20150527 Unit 2L
05/27/2015
2L
1 Bed
1 Bath
-
$425,000
bedrooms
1 Bed
bathrooms
1 Bath
-
11/09/2015
IBREHEM RAHMAN
TOWN Residential, LLC.

Building Info

Overview

    General

  • Year Built: 1907
  • Building Count: 1
  • Floor Count: 3
  • Total Unit Count: 6
  • Residential Unit Count: 6
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 2,800
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 28
  • Building Depth: 85
  • Building Frontage: 28
  • Gross Building Area: 5,670

    Building Floor Area

  • Residential Building Floor Area: 5,670

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 4
  • Facilities Floor Area Ratio: 4

Building

  • Building Type: C6
  • Lot Type: 5
  • Land Use: 02
  • Irregular Lot Code: N
  • Extension Code: N

Neighborhood

  • Community District: 308
  • City Council District: 35
  • Police Precinct: 77
  • Fire Company: E280
  • Health Area: 2720
  • Sanitation District Borough: 3
  • Sanitation Subsection: 1A
  • School District: 17

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7A

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1177
  • Lot: 46
  • Borough Block Lot: 3011770046

    Address

  • Full Address: 425 Lincoln Place
  • Zip Code: 11238

Valuation

    Assessments Valuation

  • Assessed Total Value: $539,100
  • Assessed Land Value: $9,900

    Exemptions

  • Exempt Total Value: $9,840
  • Exempt Land Value: $0

About Northwestern Brooklyn



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Frequently Asked Questions

What neighborhood is 425 Lincoln Place located in?
The 425 Lincoln Place is a Co-op located in the neighborhood of Prospect Heights in Northwestern Brooklyn, Brooklyn.
What is the average sales price for listings in 425 Lincoln Place?
The average sales price for units in 425 Lincoln Place is $622,500 , or $1,005/sqft. currently.

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