Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $699,000

· Closed October 6, 2014

40 PROSPECT Park W #1E
Closed For Sale Co-op

$699,000

40 PROSPECT Park W #1E

Park Slope, Brooklyn

MLS® #RLS10470082

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

N/A

Sq. Ft.

1942

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1942
Ownership Co-op
Maintenance $1,084/mo
Neighborhood Park Slope
Floor 1 of 6

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1942)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 1 of 6
Pets Yes
Cross Street Garfield Place & 1st Street
Year Built 1942
Architectural Style Prewar
Parcel # 01075-0035-00040-000-000001E

Listing History

Event Date Price Change
Listed Jun 16, 2014 $599,000 -
Currently May 4, 2026 $699,000 +16.7%

Description

Come live in the heart of Park Slope directly across the street from Prospect Park! This 1.5 bedroom pre-war coop apartment boasts original detail and charm, including archways, built-ins, hardwood floors and abundant closet space. A renovated kitchen with stainless steel appliances completes the picture. This full-service, pet-friendly coop building offers a doorman, common laundry, super, additional storage and bike room. Enjoy all of the conveniences of 7th Avenue just moments away with Prospect Park on your doorstep!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Building Data View Compliance & Permits
Total Units 62
Stories 6
Style Prewar

Financial Details

Maintenance $1,084/mo
Original Price $599,000
Sale Price $699,000
Previous Price $599,000

Park Slope is a well-known Brooklyn neighborhood, recognized for its tree-lined streets and preserved brownstones. Bordering the western edge of Prospect Park, the neighborhood offers convenient access to green space. The real estate market features a mix of historic townhouses, cooperatives, and modern condominiums, within walking distance of the park.

Park Slope Live Market Data

View Neighborhood

Active Listings

108

Median Asking Price

$1.62M

Median $/Sqft

$1,376

Avg Days on Market

N/A

New This Week

12

Price Reduced

17%

Sold (30 Days)

23

Median Sale Price

$1.59M

Live data from RLS at REBNY • Updated 5/3/26, 10:53 PM EST

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Location

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40 PROSPECT Park W #1E, Park Slope, Kings County • Near Garfield Place & 1st Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1942
Year Built
84 years old
6
Floors
62
Residential Units
R8X
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $5,809,950
Land Value: $324,450
Exemptions: $20,610

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 13,900 SF
Building Area: 67,134 SF
Built FAR: 4.83
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,084 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1942, making it approximately 84 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10470082
First Listed: 6/16/2014
Price Changed: 6/8/2017
Closed: 10/6/2014
Contract Date: 6/15/2014

Listing Courtesy of The Corcoran Group - Katie A Feola

Listing Contact: (718) 877-5508

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 2:53 AM UTC

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