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Brooklyn / Prospect Heights / 11238

225 PARK PLACE

Boro3
Block1158
Lot61
BBL3011580061
Class D4Prospect Heights Historic District
Residential units
60
Units in total
60
Storeys
6
Year built
1940
Last alteration on file
-
Recorded transfers
62 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
5 Mar 2026$750,0001BSINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Sep 2025$1,500,0002GHSINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Mar 2025$1,035,0002ASINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Oct 2024$1,450,0006GFSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Sep 2024$1,175,0004DSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Aug 2024$933,0002JSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Jun 2024$1,450,0005CSINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Jun 2023$609,0003KSINGLE RESIDENTIAL COOP UNITRPTT&RET
4 May 2023$500,0004GSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Mar 2023$1,422,1796JSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Oct 2022$1,226,0002BSINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Aug 2022$1,350,0002GHSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Aug 2022$555,0003GSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Jun 2022$1,225,7671JSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Jan 2022$1,126,8564CSINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Nov 2021$525,0004KSINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Sep 2021$550,0001KSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Jun 2021$545,0005HSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Jun 2021$887,3635BSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Oct 2020$1,150,0001GHSINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Oct 2019$1,022,0006CSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Sep 2019$620,0001BSINGLE RESIDENTIAL COOP UNITRPTT&RET
2 Aug 2019$935,0002ASINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Dec 2018$970,0003CSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Dec 2018$950,0004ASINGLE RESIDENTIAL COOP UNITRPTT&RET
31 Oct 2018$582,0003KSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Jul 2018$900,0001ASINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Jun 2018$912,000#2FSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Jan 2018$1,050,0002ghSINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Aug 2017$1,060,0001DSINGLE RESIDENTIAL COOP UNITRPTT
10 Feb 2016$440,0001KSINGLE RESIDENTIAL COOP UNITRPTT&RET
22 Jan 2016$398,0002ESINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Aug 2015$777,0001ASINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Jun 2015$800,0004ASINGLE RESIDENTIAL COOP UNITRPTT&RET
20 May 2015$446,0613KSINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Mar 2015$851,0002BSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Feb 2015$900,0004DSINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Jan 2015$815,0003CSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Jan 2015$807,0002ASINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Oct 2013$900,0003DSINGLE RESIDENTIAL COOP UNITRPTT&RET
62 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20261$750,000--
20252$1,267,500$1,035,000$1,500,000
20244$1,312,500$933,000$1,450,000
20233$609,000$500,000$1,422,179
20225$1,225,767$555,000$1,350,000
20214$547,500$525,000$887,363
20201$1,150,000--
20193$935,000$620,000$1,022,000
20186$931,000$582,000$1,050,000
20171$1,060,000--
20162$419,000$398,000$440,000
20157$807,000$446,061$900,000
20132$1,057,500$900,000$1,215,000
20124$434,500$240,000$745,000
20113$276,000$275,000$362,250
20101$620,000--
20092$610,000$290,000$930,000
20082$654,500$610,000$699,000
20073$579,179$347,331$860,000
20062$622,227$594,454$650,000
20053$301,698$190,000$540,000
20041$234,123--
02

The building on the lot

Section through the lot

LOT 13,646 SQ FT6
Drawn from PLUTO: 6 storeys, 60,450 sq ft of building on 13,646 sq ft of lot, an average floor plate covering 74% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
13,646 sq ft
Building area
60,450 sq ft
Residential area
60,450 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
4.43
Residential FAR permitted
2
Zoning district
R6B
03

Assessment

Assessed land value
$106,650
Assessed total value
$4,633,200
Exempt value
$63,576
Assessed per residential unit
$77,220

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D4ELEVATOR COOPERATIVE
Neighbourhood
Prospect Heights
ZIP code
11238
Community district
Brooklyn 8
Council district
35
Coordinates
40.677263, -73.970141
05

Other buildings in Prospect Heights

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
595 DEAN STREETRM79820210-
662 PACIFIC STREETRM31220190-
535 CARLTON AVENUERM29720151-
550 VANDERBILT AVENUERM2782015363$1.11m
870 ATLANTIC AVED718920240-
135 EASTERN PARKWAYD41861926172$1.92m
700 PACIFIC STREETRM1682002284$1.27m
PACIFIC STREETD611320190-
500 ST JOHNS PLACED111219310-
34 PLAZA ST EASTD4111195699$730k
201 EASTERN PARKWAYD710019240-
1 GRAND ARMY PLAZARM942006176$1.88m

Every building on file in Prospect Heights