Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
281 PARK Place
Closed For Sale Multi Family

$3,600,000

$1,517 per sq ft

281 PARK Place

Prospect Heights, Brooklyn

MLS® #RLS20006444

RLS at REBNY

Listing by Brown Harris Stevens Brooklyn LLC

4

Bedrooms

3.5

Baths

2,373

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 4
Bathrooms 4 full, 1 half
Living Area 2,373 sq ft
Lot Size 2,227 sq ft
Year Built 1931
Ownership None
Property Taxes $13,260/yr
Neighborhood Prospect Heights
Floor 1 of 3

Property Highlights

  • Views: Other
  • Style: WalkUp architecture
  • Character: Pre-war building (1931)

Property Details

Type Multi Family
Ownership None
Total Rooms 8
Baths 3 Full, 1 Half
Floor 1 of 3
View Other
Pets Yes
Year Built 1931
Living Area 2,373 sq ft
Architectural Style WalkUp
Basement Other
Lot Size 2,227 sq ft
Parcel # 01159-0084
Block/Lot 01159/0084

Listing History

Event Date Price Change
Listed Mar 3, 2025 $3,200,000 -
Currently May 17, 2026 $3,600,000 +12.5%

Description

Welcome to 281 Park Place, a charming four-family, four story, pre-war townhouse nestled in vibrant Prospect Heights on an over-sized 130" lot. This beautifully maintained property boasts 8 rooms, including generous sized bedrooms and 3.5 bathrooms. This home is currently set-up as an owner's triplex and top
floor rental. The parlor floor has a large living and dining space connected to the spacious, updated eat in kitchen opening to a beautiful 70" garden complete with water feature. The 2nd and 3rd floors include expansive, flexible living and sleeping space, blending the unique character of a pre-war home with modern conveniences, including washer/dryer and updated bathrooms with Italian tile. The top floor rental has been well maintained and can provide options for immediate income for the next owner. Prospect Heights is known for its rich culture and bustling atmosphere, offering an array of dining, shopping, and entertainment options. Near to Prospect Park, excellent transportation options and all that Brooklyn has to offer, this is a unique opportunity to balance living and income options that are right for you. Call today and discover the unique appeal of 281 Park Place!

Features & Amenities

Interior Features

Smoke Free Building Other Washer Hookup

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 3
Style WalkUp

Financial Details

RE Taxes $13,260/yr ($1,105/mo)
Original Price $3,200,000
Sale Price $3,600,000
Previous Price $3,200,000

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

36

Median Asking Price

$1.47M

Median $/Sqft

$1,370

Avg Days on Market

N/A

New This Week

2

Price Reduced

17%

Sold (30 Days)

1

Median Sale Price

$635K

Live data from RLS at REBNY • Updated 5/17/26, 8:36 AM EST

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Location

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281 PARK Place, Prospect Heights, Kings County

Building Information

Official NYC property records for this building

1898
Year Built
128 years old
3
Floors
4
Residential Units
R6B
Zoning District
Walk-Up Apartments Historic District: Prospect Heights Historic District

Tax & Assessment

Assessed Value: $604,350
Land Value: $109,800
Exemptions: $0

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

Lot Area: 2,227 SF
Building Area: 2,373 SF
Built FAR: 1.07
Allowed FAR: 2

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 annual property tax is $13,260, or roughly $1,105 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 2,373 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1931, making it approximately 95 years old.

This listing is None

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

At the current list price of $3,600,000 for 2,373 sq ft, the asking price per square foot is approximately $1,517. This figure is for reference only and may differ from appraised or assessed values.

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: RLS20006444
First Listed: 3/3/2025
On Market: 3/3/2025
Price Changed: 5/9/2025
Closed: 5/9/2025
Contract Date: 3/3/2025

Listing Courtesy of Brown Harris Stevens Brooklyn LLC - Peter Richard Grazioli

Listing Contact: (718) 613-2015

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 5/17/2026 at 12:36 PM UTC

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