493 Park Place

493 Park Place is a condo located in Prospect Heights, Brooklyn. The building was first built in 1930 and is 94 years old. It was first renovated and altered in 1985. The lot that the building was built on is 20 feet wide and 131 feet long. The official lot area is listed as 2,620 square feet. In total, 493 Park Place has a total floor area of 4,450 square feet. Of that, 4,450 square feet are used for residential purposes. There are a total of 8 units. Of those, 8 are residential units. There are no commercial units in this building. 493 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 23 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 46 days The transaction that took the longest to complete was unit 4R, listed on Jul 02, 2020 for $599,000. This particular unit ultimately sold 46 days later for $575,000. The most recent transaction was for unit 1F, sold for $485,000 on Sep 09, 2022. Fun fact, the oldest transaction we have on record took place on Dec 30, 1986. See the full transaction history for 493 Park Place below.

Prospect Heights, where 493 Park Place is located, has a median asking price of $1,599,000 for condo buildings. Meanwhile, the building itself has a median asking price of $599,000. For interested buyers, that means the building's median asking price is around 0.63% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo 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.