--- title: "1701 ALBEMARLE Road #B5, New York City, NY 11226" description: "1701 ALBEMARLE Road #B5, New York City, NY 11226 — Prospect Park South, New York City, NY. Listing Price $850,000. 2 bed, 1 bath Illustrative Buyer Commission Share of $12,750 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11226/1701-albemarle-road-b5-B5-ny-11226" source: "Real Estate Rebate Team" status: "Active" --- # 1701 ALBEMARLE Road #B5, New York City, NY 11226 Prospect Park South, New York City, NY Courtesy of Douglas Elliman Real Estate ## At a Glance - **Listing Price**: $850,000 - **Beds**: 2 - **Baths**: 1 - **Common Charges**: $661 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $850,000 - **Illustrative Buyer Commission Share**: -$12,750* - **Illustrative Net Cost**: $837,250 *Illustrative Buyer Savings of $12,750 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![1701 ALBEMARLE Road #B5, New York City, NY 11226 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/97679290-9314-4d44-86ae-ea95f09c4912.jpg) ![1701 ALBEMARLE Road #B5, New York City, NY 11226 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5b02a558-1b7a-4d04-abc1-8fc27764ad34.jpg) ![1701 ALBEMARLE Road #B5, New York City, NY 11226 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8984501d-0c89-4364-953e-272946970665.jpg) ![1701 ALBEMARLE Road #B5, New York City, NY 11226 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fec9fef5-c115-4a66-8f53-c3f4afd7ee9f.jpg) ![1701 ALBEMARLE Road #B5, New York City, NY 11226 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a90b294a-a5aa-4b45-82d3-bb7a833fe338.jpg) ![1701 ALBEMARLE Road #B5, New York City, NY 11226 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4db29ad4-7a71-4d8a-8e3f-7ebc877a5387.jpg) ![1701 ALBEMARLE Road #B5, New York City, NY 11226 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a007c6bd-274a-4ef8-ae0f-ad4051868ca6.jpg) ![1701 ALBEMARLE Road #B5, New York City, NY 11226 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b093f2c7-768a-42f6-bfa8-b464668b0c5e.jpg) ![1701 ALBEMARLE Road #B5, New York City, NY 11226 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/67ac8470-1364-4b8a-9ef4-67bd3d92b11d.jpg) ![1701 ALBEMARLE Road #B5, New York City, NY 11226 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ba8f7505-0e27-4b4e-9c60-3bdc58554a9f.jpg) ## Property Overview Great opportunity to purchase an affordable two bedroom home in the one of the area's most sought-after buildings! This spacious apartment has many desirable features and a floor plan that offers the flexibility to create an additional room. Upon entering, to your left is a large eat-in kitchen with great corner windows, a dishwasher and tons of cabinet and counter space. An extra large foyer makes for a great home office area, or a space to hold a formal dining table. Both the primary bedroom and living room are extremely large; the bedroom has four huge windows with two exposures and lots of light! Both a bathtub and a separate shower stall are featured in the windowed bathroom; the shower stall can be converted to hold an in-unit washer/dryer which are allowed on approval. There is a good sized second bedroom and throughout the apartment are pre-war details, hardwood floors, and plenty of closet space. Berkeley Square is a popular art deco co-op with strong financials, healthy reserves, and affordable maintenance. Additionally, the co-op owns several rental units in the building providing long-term financial security for the building. The building has three full-time doormen, a live-in super, a full-time porter, a bike room, common outdoor space, extra storage available for rent (possible waitlist), and parking in a gated adjacent lot for $125/month (waitlist). Close to Prospect Park and all it has to offer including the nearby LeFrak center, with ice skating rink in the winter, and roller skating and splash pad in the summer. Berkeley Square is adjacent to the private, cooperatively owned Knickerbocker Tennis Club. One block from the B and Q trains at Church Avenue and close to the revamped Kings Theatre, as well as all the amenities of Church Avenue and Cortelyou Road, including the year-round Cortelyou farmers market. It's also less than a mile from the Kensington Dog Run. Furnished photos are virtually staged. ## Property Details - **Property Type**: Co-op - **Beds**: 2 - **Baths**: 1 - **Rooms**: 4 - **Stories**: 6 - **Year Built**: 1937 - **Common Charges**: $661 / Monthly - **Listed On**: May 30, 2026 - **Days on Market**: 106 Days ## Sales Evidence ### Recent closed sales 17 apartments at 1701 ALBEMARLE Road have recorded sales since September 2021, the most recent for $702,000 in April 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | E8 (Apartment) | 1 | 900 | $702,000 | $780/ft² | April 30, 2026 | City record · MLS | | F9 (Apartment) | 1 | — | $630,000 | — | February 9, 2026 | City record · MLS | | A10 (Apartment) | — | — | $655,000 | — | July 1, 2025 | City record | | C5 (Apartment) | 3 | — | $999,999 | — | November 4, 2024 | City record · MLS | | B12 (Apartment) | 2 | — | $1,050,000 | — | August 27, 2024 | City record · MLS | | B6 (Apartment) | — | — | $480,000 | — | July 9, 2024 | City record | | E7 (Apartment) | 2 | — | $1,050,000 | — | March 15, 2024 | City record · MLS | | B14 (Apartment) | 1 | 900 | $800,000 | $889/ft² | November 10, 2023 | City record | | C15 (Apartment) | 2 | 1,100 | $895,000 | $814/ft² | January 17, 2023 | City record · MLS | | B3 (Apartment) | 1 | — | $1,180,000 | — | August 23, 2022 | City record · MLS | | D2 (Apartment) | 1 | — | $726,000 | — | June 9, 2022 | City record · MLS | | F5 (Apartment) | 2 | 1,050 | $925,000 | $881/ft² | May 31, 2022 | City record · MLS | | C8 (Apartment) | — | — | $263,000 | — | April 25, 2022 | City record | | D3 (Apartment) | 3 | 1,375 | $1,325,000 | $964/ft² | February 28, 2022 | City record · MLS | | C2 (Apartment) | 1 | 950 | $755,000 | $795/ft² | February 23, 2022 | City record · MLS | | F1 (Apartment) | — | — | $575,000 | — | December 28, 2021 | City record | | E14 (Apartment) | 1 | — | $475,000 | — | October 21, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable two-bedroom sales at 1701 ALBEMARLE Road is $987,500, based on 4 sales between May 2022 and August 2024. This home is asking $850,000, $137,500 below that median. The middle half of those sales closed between $917,500 and $1,050,000. - **Median closed price**: $987,500 - **Middle half**: $917,500 – $1,050,000 - **Based on**: 4 two-bedroom sales at 1701 ALBEMARLE Road - **Period**: May 2022 – August 2024 Square footage is recorded for only 2 of these 4 sales (50%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 4 of these sales with a published asking price, the median closed at 96.7% of what it originally asked. 50% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 96.7% of the original ask - **Closed below ask**: 50% of 4 sales - **Listed → in contract**: 49 days (about 7 weeks) - **In contract → closed**: 69 days (about 10 weeks) Across the 4 of these sales with a published asking price, the median closed at 96.7% of what it originally asked. 50% of them closed below the original ask. Half of these homes were in contract within 49 days (about 7 weeks) of coming to market, based on the 3 with a recorded listing date. Once a deal was agreed, closing took a further 69 days (about 10 weeks), based on the 3 with both dates recorded. A co-op board package and its interview account for much of that. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 4 two-bedroom sales at 1701 ALBEMARLE Road, May 2022 – August 2024. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 1701 ALBEMARLE Road](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1701-albemarle-road) ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 84 apartments. The corporation’s 2026 property tax bill was $415,808 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 1701 ALBEMARLE Road](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1701-albemarle-road) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 1701 ALBEMARLE Road Prospect Park South · Stock Cooperative 1701 ALBEMARLE Road, Brooklyn, NY 11226 A building in Prospect Park South, currently featuring 2 active listings. - **Year Built**: 1937 - **Total Units**: 2 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1701-albemarle-road) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [B5](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11226/1701-albemarle-road-b5-B5-ny-11226) | 2 | 1 | — | — | $850,000 | Douglas Elliman Real Estate | May 30, 2026 | 106 days | | [D3](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11226/1701-albemarle-road-d3-D3-ny-11226) | 3 | 2 | 1,375 sqft | $1,055 | $1,450,000 — In contract | Douglas Elliman Real Estate | Apr 23, 2026 | 143 days | ## Estimated Monthly Payment **$4,959 / month**, assuming a 20% down payment ($170,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,298 - **Common Charges**: $661 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Prospect Park South Explore more real estate and insights about Prospect Park South. [Explore Prospect Park South](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park-south) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Prospect Park South - [Windsor Terrace real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/windsor-terrace) - [South Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/south-slope) - [Park Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/park-slope) - [Prospect Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights) - [Gowanus real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gowanus) ## Related Links - [1701 ALBEMARLE Road — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/1701-albemarle-road) - [Prospect Park South neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park-south) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.