--- title: "405 Park Place, New York City, NY 11238" description: "405 Park Place, New York City, NY 11238 — Multi Family Brownstone in Prospect Heights, Brooklyn, NY. Listing Price $5,200,000. 6 bed, 5 bath, 3,440 sqft Illustrative Buyer Commission Share of $78,000 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/405-park-place-ny-11238" source: "Real Estate Rebate Team" dateModified: "2026-10-02T10:51:31.675Z" status: "Active" --- # 405 Park Place, New York City, NY 11238 Multi Family Brownstone in Prospect Heights, Brooklyn, NY Courtesy of Compass Last updated: October 2, 2026, 6:51 AM ## At a Glance - **Listing Price**: $5,200,000 - **Beds**: 6 - **Total Baths**: 5 - **Sqft**: 3,440 - **Monthly Taxes**: $771 / mo - **Price per Sqft**: $1,512 - **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**: $5,200,000 - **Illustrative Buyer Commission Share**: -$78,000* - **Illustrative Net Cost**: $5,122,000 *Illustrative Buyer Savings of $78,000 — 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) ![405 Park Place, New York City, NY 11238 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/07923850-4c5f-4610-aad3-7d7cac0c5f29.webp) ![405 Park Place, New York City, NY 11238 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/63fed403-aed3-40be-aab3-b4bc0c4c655d.png) ![405 Park Place, New York City, NY 11238 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1f1df17b-df67-4b9e-a1ff-4c1ac2390320.jpg) ![405 Park Place, New York City, NY 11238 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ea0461b2-c16f-497d-8cb5-1d798aa2ce09.jpg) ![405 Park Place, New York City, NY 11238 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cfe5e078-31df-4f14-ad12-b7b76d07fc88.jpg) ![405 Park Place, New York City, NY 11238 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/934f9696-b2ee-41f5-bd4d-6867179d004e.jpg) ![405 Park Place, New York City, NY 11238 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ae3072e4-90dd-40e5-9ae8-74f2f25050b1.jpg) ![405 Park Place, New York City, NY 11238 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9e81fbf5-b06a-4341-bbce-a2853d46b8b1.jpg) ![405 Park Place, New York City, NY 11238 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7326625a-11d8-43c1-9456-5e729b81c414.jpg) ![405 Park Place, New York City, NY 11238 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/df60206b-dec2-418a-8e62-a99c31af0117.jpg) ## Property Overview Welcome to 405 Park Place, a beautiful four-story, three-family brownstone on one of the most sought-after, tree-lined blocks in vibrant Prospect Heights, Brooklyn. Set on an extra-deep 131 foot lot, this home offers space, character, and the potential to generate six-figure annual rental income. The owner's garden parlor duplex features a spacious eat-in country-style kitchen, a formal dining room and living room that flow together in an open-concept layout, and a convenient half bath. Upstairs, the parlor floor serves as the private living quarters, featuring two bedrooms, each with its own en-suite bathroom. The grand parlor room, currently used as a bedroom, features oversized windows, stained glass transoms, high ceilings, and a decorative ceiling medallion. Throughout the home, original details add warmth and character, including original hardwood floors, pocket doors, five-panel wood doors, detailed baseboard moldings, built-in cabinetry, an ironing board cabinet, cedar-lined closet, French doors, tin ceiling, and original bannister with spindles and newel post. The parlor-level foyer retains its grand original entry doors and pier mirror. Each unit has its own washer and dryer, dishwasher, microwave, and central heating and air conditioning with stainless steel LG appliances. Additional storage is available in the basement. For buyers looking to own a piece of Brooklyn history while creating substantial rental income, four o five Park Place offers a rare combination of historic character, generous space, and income-producing potential. ## Property Details - **Property Type**: Triplex - **Beds**: 6 - **Total Baths**: 5 - **Rooms**: 14 - **Sqft**: 3,440 sqft - **Stories**: 3 - **Year Built**: 1901 - **Price per Sqft**: $1,512 - **Monthly Taxes**: $771 / mo - **Listed On**: Oct 2, 2026 - **Days on Market**: 1 Days ### Residence Features - Central Air - Central - Electric - Common On Floor - Common Area - In Unit - Building Barbecue - Building Garden - Building Outdoor Grill - Building Permeable Paving - Private Entrance - Private Outdoor Space Over 60 Sqft - Private Yard - Chandelier - Crown Molding - Entrance Foyer - Eat-in Kitchen - Granite Counters - High Ceilings - His and Hers Closets - Kitchen Island - Recessed Lighting - Soaking Tub - Walk-In Closet(s) - Cooktop - Dishwasher - ENERGY STAR Qualified Appliances - Gas Cooktop - Refrigerator - Range Hood - Stainless Steel Appliance(s) - Ceramic Tile - Hardwood - Parquet - Full - Security System - Skylight(s) ## Estimated Monthly Payment **$27,065 / month**, assuming a 20% down payment ($1,040,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $26,294 - **Property Taxes**: $771 Estimates only. Actual payments may vary. Confirm terms with your lender. ## About The Building ### 405 Park Place 405 Park Place, Brooklyn, NY 11238 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1901 - **Active Units**: 1 - **Floors**: 3 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/405-park-place) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/405-park-place-ny-11238) | 6 | 5 | 3,440 sqft | $1,512 | $5,200,000 | Compass | Oct 2, 2026 | 0 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 - [405 Park Place — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/405-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.