Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $400,000

Listed at $429,000 · Sold 6.8% below asking · Closed January 12, 2021

400 Lincoln Place #5-F
Closed For Sale Co-op

$429,000

400 Lincoln Place #5-F

Prospect Heights, Brooklyn

MLS® #RLS10667837

RLS at REBNY

Listing by The Agency

1

Bedroom

1

Bath

N/A

Sq. Ft.

1924

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1924
Ownership Co-op
Maintenance $485/mo
Neighborhood Prospect Heights
Floor 5 of 5

Property Highlights

  • Exposure: South facing
  • Style: Prewar architecture
  • Character: Pre-war building (1924)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 5 of 5
Exposure South
Pets Yes
Cross Street Underhill Avenue/Washington Avenue
Year Built 1924
Architectural Style Prewar
Block/Lot 1179/103

Listing History

Event Date Price Change
Listed Sep 15, 2020 $429,000 -
Currently May 18, 2026 $429,000 -

Description

To rent or to own that is the question? Here is a great opportunity to pay yourself and not your landlord! This top floor one bedroom affords you the ability to own in prime Prospect Heights just steps from everything that makes Brooklyn so desirable: Prospect Park, Brooklyn Museum, The Botanical Gardens, and countless interesting shops and local restaurants. This charming apartment is ideal for someone looking to make the space their own incorporating beautiful picture framed walls, solid wood cabinetry, four large windows, and enough space for a comfortable living & dining area. The bedroom affords you the option for a full bedroom set or a hybrid bedroom area with a separate work/desk space. Whatever it is you decide 5F can be a sanctuary in the middle of it all while building equity rather than debt. This non-smoking, pet-friendly co-op building also has private storage, bike room, laundry room, video intercom, live-in super & is professionally managed.

Features & Amenities

Interior Features

Common Area

Exterior Features

Building Courtyard Building Roof Deck

Building Information

Financial Details

Maintenance $485/mo
Sale Price $400,000

Prospect Heights is a compact Brooklyn neighborhood anchored by the Brooklyn Public Library, Grand Army Plaza, Prospect Park, and the Brooklyn Museum. The real estate market features historic brownstones, pre-war cooperatives, and new developments like Pacific Park, with 2/3/B/Q/4 train service.

Prospect Heights Live Market Data

View Neighborhood

Active Listings

35

Median Asking Price

$1.50M

Median $/Sqft

$1,370

Avg Days on Market

N/A

New This Week

3

Price Reduced

17%

Sold (30 Days)

1

Median Sale Price

$635K

Live data from RLS at REBNY • Updated 5/18/26, 7:29 PM EST

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Location

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400 Lincoln Place #5-F, Prospect Heights, Kings County • Near Underhill Avenue/Washington Avenue

Building Information

Official NYC property records for this building

1924
Year Built
102 years old
5
Floors
46
Residential Units
R7A
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $2,986,650
Land Value: $180,000
Exemptions: $11,450

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

Lot Area: 8,000 SF
Building Area: 31,080 SF
Built FAR: 3.89
Allowed FAR: 4

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 $485 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 1924, making it approximately 102 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: RLS10667837
First Listed: 9/15/2020
Price Changed: 2/5/2021
Closed: 1/12/2021
Contract Date: 9/16/2020

Listing Courtesy of The Agency - Michael Simmon-Pappadakos

Listing Contact: (646) 789-3142

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 5/18/2026 at 11:29 PM UTC

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