--- title: "207 Park Place #1FE, New York City, NY 11238" description: "207 Park Place #1FE, New York City, NY 11238 — Prospect Heights, New York City, NY. Listing Price $799,000. 1 bed, 1 bath Illustrative Buyer Commission Share of $11,985 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/207-park-place-1fe-ny-11238" source: "Real Estate Rebate Team" dateModified: "2026-09-23T01:27:49.235Z" status: "Active" --- # 207 Park Place #1FE, New York City, NY 11238 Prospect Heights, New York City, NY Courtesy of Compass Last updated: September 22, 2026, 9:27 PM ## At a Glance - **Listing Price**: $799,000 - **Beds**: 1 - **Baths**: 1 - **Common Charges**: $740 / 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**: $799,000 - **Illustrative Buyer Commission Share**: -$11,985* - **Illustrative Net Cost**: $787,015 *Illustrative Buyer Savings of $11,985 — 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 (9) ![207 Park Place #1FE, New York City, NY 11238 — photo 1 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8f26d0e9-0172-493d-ae43-e546d9f63500.jpg) ![207 Park Place #1FE, New York City, NY 11238 — photo 2 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4c1a97b6-0240-4a3c-a433-604aae97e3e1.jpg) ![207 Park Place #1FE, New York City, NY 11238 — photo 3 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4034fad0-1173-4af1-b801-fdc27685b740.jpg) ![207 Park Place #1FE, New York City, NY 11238 — photo 4 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1fd284e8-f3c2-46f1-a3e9-a8ee89a71559.jpg) ![207 Park Place #1FE, New York City, NY 11238 — photo 5 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/293617c8-2174-42fc-b641-4fe5afad3961.jpg) ![207 Park Place #1FE, New York City, NY 11238 — photo 6 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8dc1ea9b-9171-44b7-af41-79b9ea99c2b5.jpg) ![207 Park Place #1FE, New York City, NY 11238 — photo 7 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6f41e5a0-30e9-4a1f-8866-5de00040f43f.jpg) ![207 Park Place #1FE, New York City, NY 11238 — photo 8 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c3ac8e3f-7551-458f-89de-c9b76e301938.jpg) ![207 Park Place #1FE, New York City, NY 11238 — photo 9 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c7ff2153-c6a0-46bb-8e48-32cea0a54440.jpg) ## Property Overview Timeless Prospect Heights Charm with Modern Comfort Set on one of Prospect Heights’ prettiest tree-lined streets, this inviting pre-war one-bedroom co-op captures the character and elegance of Brooklyn living while offering thoughtful modern updates. Step into a gracious living room framed by original architectural details, including beautifully preserved moldings and a decorative fireplace that creates a warm and distinctive focal point. Ten-foot ceilings and hardwood floors throughout add to the home’s spacious, airy feel. The renovated kitchen combines style and functionality, with excellent storage and an open layout that connects seamlessly to the living room—ideal for everyday living and entertaining. All apartment windows were replaced in 2023, offering an added layer of comfort and efficiency. The bedroom provides a peaceful retreat with an en suite bathroom and ample closet space. Residents also enjoy a communal garden, bike storage, and deeded private basement storage. Ideally positioned in the heart of Prospect Heights, the building puts the best of Brooklyn right outside your door. The B/Q subway is at the end of the block, while Prospect Park is only two blocks from home. The neighborhood boasts an impressive selection of cafés, restaurants, and neighborhood favorites all within easy reach—making this a truly exceptional place to call home. ## Property Details - **Property Type**: Co-op - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Stories**: 4 - **Year Built**: 1931 - **Common Charges**: $740 / Monthly - **Listed On**: Sep 9, 2026 - **Days on Market**: 21 Days ### Residence Features - Natural Gas - See Remarks - Hardwood ## Estimated Monthly Payment **$4,780 / month**, assuming a 20% down payment ($159,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,040 - **Common Charges**: $740 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 3 apartments at 207 Park Place have recorded sales since September 2021, the most recent for $735,000 in August 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 1FW (Apartment) | 1 | 511 | $735,000 | $1,438/ft² | August 7, 2025 | MLS | | 4E (Apartment) | 3 | — | $1,801,000 | — | November 17, 2023 | City record · MLS | | 3-E (Apartment) | 3 | — | $1,800,000 | — | August 2, 2023 | 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 - **This home**: $799,000 - **Median sold price**: $730,000 - **Difference**: +$69,000 (+9.5%) - **Comparable sales**: 19 - **Sales from**: October 2024 – June 2026 - **Middle half of those sales**: $675,000 – $1,022,500 Based on co-op one-bedroom sales in Prospect Heights. Square footage is recorded for only 7 of these 19 sales (37%), 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. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Prospect Heights instead. ### How these sales were negotiated - **Sale-to-list price**: 101.5% (17 sales) - **Sold below asking**: 24% (17 sales) - **Typical time to find a buyer**: 42 days (18 sales) - **Typical time to close**: 81 days (18 sales) Based on co-op one-bedroom sales in Prospect Heights with the required listing and closing data. Sample sizes vary by metric. 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. ### Price trend Median sale price, co-op one-bedroom sales in Prospect Heights | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $549,500 | 10 | | 2018 | $671,500 | 12 | | 2020 | $687,500 | 11 | | 2021 | $621,000 | 19 | | 2022 | $680,000 | 17 | | 2023 | $620,000 | 13 | | 2024 | $750,926 | 16 | Based on recorded co-op one-bedroom sales in Prospect Heights. Sales data through June 2026. 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 207 Park Place](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/207-park-place) ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 10 apartments. The corporation’s 2026 property tax bill was $38,747 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 207 Park Place](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/207-park-place) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 207 Park Place 207 Park Place, Brooklyn, NY 11238 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1931 - **Active Units**: 1 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/207-park-place) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [1FE](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/207-park-place-1fe-ny-11238) | 1 | 1 | — | — | $799,000 | Compass | Sep 9, 2026 | 21 days | ## Prospect Heights Overview of Prospect Heights [Explore Prospect Heights](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Prospect Heights - [Park Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/park-slope) - [Clinton Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/clinton-hill) - [Fort Greene real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/fort-greene) - [Boerum Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill) - [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park) - [Gowanus real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gowanus) ## Related Links - [207 Park Place — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/207-park-place) - [Prospect Heights neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights) - [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.