11 Sterling Place (Sterling Court)
11 Sterling Place, Brooklyn, NY 11217
BBL 3009417501 · BIN 3019034
- Year built
- 1935
- Type
- Condop
- Units
- 36
- Floors
- 5
- Landmark
- No
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Sterling Court would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
Sterling Court is a Park Slope condominium with a municipal origin story. By the early 1980s the 1935 factory building at Fifth Avenue and Sterling Place had been vacated and taken by the City for unpaid taxes. In 1984 the City, through HPD, sold it to Sterling Court Associates under a Land Disposition Agreement approved by the Board of Estimate. The building was one of 14 City-owned properties on Fifth Avenue between Dean and Union Streets in the City's Shopsteading Program, per the offering plan. The sponsor rebuilt it as 36 apartments over three Fifth Avenue stores and began selling in the summer of 1986.
The ownership structure is simple. ACRIS shows sponsor deeds to individual buyers from August 1986 onward, and every apartment has traded by deed since. This is a condominium on its own tax lot, not a co-op corporation holding a unit inside a condominium, so there is no board interview, no share-loan financing ceiling and no co-op flip tax.
The location is a corner on Fifth Avenue's restaurant and retail strip in north Park Slope. The plan's 1986 description of the block, with many storefront buildings vacant and City-owned, is a useful measure of how much the avenue has changed. One more detail from the plan: it lists the sponsor's address as 1638 Eighth Avenue, the lot where Prospect Park Terrace was built two decades later.
Architecture and unit composition
The building is a five-story brick industrial structure with a cellar, running about 144 feet along Sterling Place. The residential floors hold four ground-floor duplexes (1A through 1D) and eight lines (A through H) on floors two through four. The fifth floor had eight units in the plan and carries seven on the current roll.
Unit sizes vary widely because the conversion followed the factory's floor plate. The E line is the smallest, about 560 square feet; the A through D lines on the upper floors run about 1,030 to 1,310. The ground-floor duplexes are the largest at 2,000 to 2,280 square feet, and 1A and 1B open onto private rear yards at the cellar level. Some residences have access to street vaults under the sidewalk, which the plan describes as usable for storage.
The roof is split. The east portion is common space for passive recreation. The west portion is divided into private areas for certain fifth-floor units: the plan assigned them to 5E through 5H. A 2014 DOB alteration filing covered structural work to install two decks, and the 2017 house rules said new roof rules would follow once the roof deck was finished. Confirm the current roof layout and which units hold exclusive rights.
The street façades carry a house-rule restriction: no through-wall air conditioners, condensers or dishes on the Sterling Place or Fifth Avenue fronts.
Building operations
Sterling Court runs as a small condominium with a managing agent and a board of managers elected from the owners. Heating and hot water are unit-level systems, so owners carry their own equipment and energy costs.
The 2018–2019 audited statements on file show a lean operation: common charges of about $218,000 a year, a special assessment in 2018, and year-end 2019 cash of about $105,000, of which about $93,000 sat in the reserve fund. The condominium retired its only note, a ten-year capital loan, early in 2019. The auditor noted that no reserve study had been done. These figures are several years old. Ask for the most recent audit, the budget and any assessment history before signing.
The three commercial units pay a share of insurance, repairs and certain other costs according to their common interests, per the plan. Commercial owners do not use the lobby, halls or roof.
Policy framework
- Right of first refusal: The board holds it on every sale and rental. The managing agent processes applications; the fee is $350
- Pets: Written consent required, revocable at the board's or managing agent's discretion
- Renovations: Four weeks' written notice to the board for structural work (walls, doorways, relocating a kitchen or bath, plumbing changes, decks). Construction is limited to weekdays from 8 a.m. to 5 p.m.
- Floors: 80 percent of floor area outside kitchens, baths and closets must be covered with carpet or sound-deadening material unless the board consents otherwise
- Fines: An escalating schedule for rule violations, starting at $100 and rising to $500 by the third infraction in a calendar year
Recent sales
Sterling Court trades as a prewar industrial conversion condominium, priced per square foot, with a wide spread between the compact E-line units and the ground-floor duplexes. Location on the Fifth Avenue corner, private roof or yard space, and size drive the spread. Through 2025, the last complete year, the building saw steady turnover typical of a 36-unit condominium, with the larger upper-floor lines and duplexes setting the top of the range.
Because there is no abatement, carrying costs are straightforward: common charges plus a full tax bill. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Jun 11, 2026 | 1A | $2,530,000 |
| Aug 12, 2025 | 4A | $1,720,000 |
| Jul 22, 2025 | 4B | $1,335,000 |
| May 9, 2023 | 4B | $1,262,500 |
| Aug 27, 2021 | 1C | $1,735,000 |
| May 21, 2021 | 4A | $1,510,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-00941-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.
At the recent median sale of $1.72M (3 transfers since 2024), a buyer putting 25% down would pay about $31,750 to close, or 1.8% of the price.
- Mansion tax: $17,200
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $14,550
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
Keep up with Sterling Court and its market
The Roebling Report, monthly: Manhattan sales data and analysis, including buildings likeSterling Court. Unsubscribe anytime.
We’ll use your email for The Roebling Report and note your interest in this building. See our privacy policy.
What to know if you’re buying
Get current financials. The most recent audit on file is for 2019 and shows modest reserves and no reserve study. Ask for the latest statements, the budget, and any assessments since 2019.
Confirm the unit count and your unit's lot. The plan offered 36 apartments; the tax roll now carries 35. If you are buying on the fifth floor, confirm the lot and any combination history.
Check roof and yard rights. Private roof areas and the 1A/1B yards are limited common elements tied to specific units. Get the floor plans and the declaration language for the unit you are buying.
Inspect the unit's heating and hot water equipment. Owners maintain their own systems; age and condition belong in the inspection.
What to know if you’re selling
Lead with the corner and the conversion. A 1935 factory at Fifth Avenue and Sterling Place, rebuilt under the City's 1980s disposition program, is a story buyers remember.
Document outdoor rights. If your unit carries a roof area, a rear yard or vault access, show it on the floor plan and cite the declaration.
Have the paperwork ready. The board's right of first refusal and the managing agent's application process set the timeline. A complete package, current financials and a clean common-charge account keep closing on schedule.
Comparable buildings
If you're considering 11 Sterling Place, also evaluate:
- 44 Butler Place (Butler Plaza) — a 1925 building gut-renovated into a 60-unit condominium on J-51 benefits; the closest conversion-era match nearby
- 443 12th Street — warehouse-to-residential loft co-op in the South Slope whose J-51 has run its course
- 444 12th Street — the former Ansonia Clock factory, converted to a 37-unit condominium with parking
- 420 12th Street — the co-op half of the Ansonia block; the same industrial lineage in co-op form
- 700 Pacific Street — a large industrial loft condominium conversion in Prospect Heights
- 145 Park Place — Park Slope condominium near Flatbush Avenue with ground-floor commercial units
- 759 President Street — a 1984 conversion of a former hospital complex in Park Slope; the same conversion generation
More Park Slope buildings
- 1 Prospect Park West — 1925 condominium
- 10 Montgomery Place (Montten Slope), 10 Montgomery Place and 133 Eighth Avenue — 1910 co-op
- 100 Sterling Place — 1990 condominium
- 113–117 Sterling Place (Sterling Atrium), 113 and 117 Sterling Place — 1920 co-op
- 125 Prospect Park West — 1916 co-op
- 130 Eighth Avenue (814 Carroll Street) — 1950 co-op
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Park Slope.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at Sterling Court?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.