115 Willow Street
115 Willow Street, Brooklyn, NY 11201
Brooklyn Heights, Brooklyn
BBL 3002350028 · BIN 3001791
- Year built
- 1926
- Type
- Cooperative
- Units
- 39
- Floors
- 6
- Flip tax
- Not documented in the materials reviewed; confirm at offer stage
- Landmark status
- Not an individual landmark; in the Brooklyn Heights Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Pets
- Pets permitted with conditions; species not stated
- Maximum financing
- 75% of the purchase price
- Doorman
- Part-time doorman
- Financing
- 25% minimum down reported in recent coverage (listing coverage)
- Subletting
- Governed by proprietary lease with board oversight; house rules bind subtenants; current policy to be confirmed
- Pets
- Domesticated pets only, subject to board approval; privileges revocable on written notice (house rules adopted May 2010)
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2010). Reported and subject to confirmation. Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median, 2024–2026
- $1.1M
- 3 qualifying sales
- Recent range
- $910K – $2.9M
- Listing discount
- -2.9%
- Recorded transfers
- 36
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 115 Willow Street 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.
115 Willow Street is the building the tenants bought for themselves. When the owner of the six-story Gothic apartment house between Clark and Pierrepont put the property in play at the start of the 1980s conversion wave, the residents did not wait for a sponsor's terms: the 115 Willow Street Tenants Association — representing more than 60 percent of the building — raised its own down payment under a Department of Law exemption, took assignment of the October 30, 1980 offering plan, and contracted to buy the building for $1,635,000, closing in 1983. The amended plan allocated 10,000 shares across 38 apartments and offered insiders their homes at $150 per share against an outsider price of $368.60 — the arithmetic of a tenant-led deal, with the discount flowing to the people who organized it.
The building the tenants bought is a Gothic apartment house among row houses. Slee & Bryson — the Brooklyn firm best known for its Colonial Revival work, including Albemarle Terrace — worked here in Gothic dress: pointed-arch window surrounds, multi-paned glazing, a castellated parapet, and chimneys that give the roofline a storybook profile. When it opened in 1927 with 32 apartments, the marketing promised the Jazz Age essentials — elevator service and electric refrigeration in suites of about four rooms — and the building has carried high ceilings, wood floors, and picture rails through to the present. It stands on a block of Federal and Greek Revival row houses two blocks from the Promenade, inside the Brooklyn Heights Historic District, which the LPC designated in 1965 as the city's first.
Today the building operates as a characteristic Willow Street small co-op with a service level unusual for its size: a part-time doorman on evening coverage, a live-in superintendent, central laundry, bike storage, and a shared backyard garden with the block's interior quiet. Units now number 39 by the city's count — subdivision and combination have moved the figure around the original 32 and the plan's 38 — and the inventory runs from one-bedrooms through combined spreads, priced per room in the district's prewar mid-tier.
For buyers, the proposition is the block itself plus the building's history: Willow Street address, district-core quiet, real services, and a co-op its tenants bought for themselves. Review the current budget, audited statements, debt and any assessments.
Architecture and unit composition
The 39 units distribute across six floors around a single elevator core, in configurations from one-bedrooms — many descending from the original four-room suites — through combinations assembled over the decades. Period fabric is the pricing axis: high ceilings, wood floors, picture rails, and the Gothic fenestration read strongest in units that have been renovated with rather than against them. Willow-facing units take the row-house streetscape and western light toward the Promenade blocks; rear units face the garden side and the interior of the block shared with the Hicks Street co-ops, and are the building's quietest tier.
Construction is 1920s masonry with fire escapes, and the LPC layer applies to windows and any façade-adjacent work — routine in the district, but a step renovating buyers should schedule for. Alterations run through the managing agent's alteration agreement with board approval; contractor hours are weekday-limited under the house rules.
Building operations
115 Willow runs as a serviced small cooperative under 115 Willow Street Corporation: evening doorman coverage, a live-in superintendent, central laundry, and the shared garden, with professional management administering access, alteration, and sale procedures. The house rules — adopted in their current form in 2010 — are practical rather than punitive: a 70 percent carpet rule, quiet hours from 11 p.m. to 8 a.m., garden hours of 10 a.m. to 10 p.m., board-approved and revocable pet privileges, and notification requirements for sales and open houses. Smoking is prohibited in all interior and exterior common spaces.
The offering plan and first amendment, house rules, and a multi-year run of the corporation's financial statements are maintained in The Roebling Research Library and shared with clients during diligence.
Policy framework
Purchase approval: Board approval required (standard cooperative); sale listings and open houses require notice to the superintendent and board under the house rules.
Pets: Domesticated pets only, subject to board approval; privileges are revocable on written notice — a documented rule, so factor it into any pet-dependent purchase.
Subletting: Governed by the proprietary lease with board oversight; the house rules bind subtenants and roommates. Confirm the current sublet policy and any term limits before structuring an investment-minded offer.
Financing: A 25 percent minimum down payment has been reported in recent coverage; confirm the board's current posture directly.
Carpet: 70 percent coverage outside kitchens, baths, and closets.
Renovations: Written application and managing-agent alteration agreement with board approval; weekday contractor hours, with quiet Saturday work only by advance approval.
Flip tax and washer/dryer policy: Not documented in the materials reviewed; confirm at offer stage.
Application and transaction fees
Fees below are from building management's published schedule, as of July 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
5 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeConditional | Paid by Buyer | When With the application | Amount 350 (If applicable) | Refundable Non-refundable |
| Credit Check Report FeePer applicant | Paid by Buyer | When With the application | Amount $50 per applicant. | Refundable Non-refundable |
| Criminal Background Check Fee | Paid by Buyer | When With the application | Amount $50 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In Deposit | Paid by Buyer | When With the application | Amount $500 | Refundable Refundable |
| Move-Out DepositConditional | Paid by Shareholder | When With the application | Amount $500 (If seller has already moved out, set to zero ($0) ) | Refundable Refundable |
Sublet
5 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeConditional | Paid by Subtenant | When With the application | Amount 250 (If applicable) | Refundable Non-refundable |
| Background Check FeePer applicant | Paid by Subtenant | When With the application | Amount $50 per applicant. | Refundable Non-refundable |
| Credit Report Fee | Paid by Subtenant | When With the application | Amount $50 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move Out Deposit | Paid by Shareholder | When With the application | Amount $500 | Refundable Refundable |
| Move-In Deposit | Paid by Subtenant | When With the application | Amount $500 | Refundable Refundable |
Refinance
3 items
Management's “less refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $250 | Refundable Non-refundable |
Management's “more refinance” schedule
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $250 | Refundable Non-refundable |
| Credit Check FeePer applicant | Paid by Shareholder | When With the application | Amount $50 per applicant | Refundable Non-refundable |
Alteration
4 items
Major alteration
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Alteration Processing Fee | Paid by Resident | When With the application | Amount $250 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Alteration Security Deposit | Paid by Resident | When With the application | Amount $500 | Refundable Refundable |
Minor alteration
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Alteration Processing Fee | Paid by Resident | When With the application | Amount $250 | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Alteration Security Deposit | Paid by Resident | When With the application | Amount $500 | Refundable Refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 75% of the purchase price25% minimum down reported in recent coverage (listing coverage)Source: The Roebling Research Desk's building record, 2010
Pets and in-unit washer/dryer
- Pets
- Pets permitted with conditions; species not statedDomesticated pets only, subject to board approval; privileges revocable on written notice (house rules adopted May 2010)Source: The Roebling Research Desk's building record, 2010
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $491 per room a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Part-time doormanSource: The Roebling Team's building profile
- Live-in superintendent
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Garden, bike storage, laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $12,012/yr
- Per unit / month range
- $0 – $26
- Modeled exposure split equally across 39 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Aug 18, 2026 | 5F | 2 BR · 1 BA | $1,200,127 | +23.1% | |
| May 15, 2025 | 2D | 2 BR · 1 BA | $1,150,000 | +0.0% | |
| Apr 2, 2025 | 5A | 3 BR · 2 BA · 1,600 sf | $2,880,000 | $1,800/sf | +2.9% |
| Jul 31, 2024 | 6F | 2 BR · 1 BA | $910,000 | -24.2% | |
| Feb 22, 2024 | 1EF | 4 BR · 2 BA | $2,250,000 | +18.7% | |
| Sep 23, 2022 | 3A | 2 BR · 2 BA | $2,200,000 | -2.2% | |
| Jul 26, 2022 | 2C | 2 BR · 1 BA | $1,105,000 | +7.8% | |
| Jun 16, 2022 | 4E | 2 BR · 1 BA | $998,000 | -5.0% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,800/sf (recorded) across 1 sale. The building has traded as recently as 2026. Median listing discount 0.0% from the last ask.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
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 3-00235-0028). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 115 Willow Street and nearby.
At the recent median sale of $1.2M (3 transfers in the past 24 months, since October 31, 2024), a buyer putting 25% down would pay about $25,052 to close, or 2.1% of the price.
- Mansion tax: $12,001
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $13,050
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
The block is the asset; the building is the value route in. Willow between Clark and Pierrepont is row-house Brooklyn Heights at its most intact, and this is one of the few ways to own on it at apartment pricing. Judge value against the block's scarcity, not just the unit's square footage.
Buy the period fabric where it survives. Gothic windows, high ceilings, and picture rails are the building's character. Compare recent sales of units that keep them with renovated units of similar size, floor and exposure; retained period detail can affect buyer interest, but it does not guarantee a premium or protect against a loss on resale.
Take the documented rules seriously. Pet approval is board-granted and revocable, carpet coverage is enforced, and financing has been reported at 25 percent minimum down. None of it is unusual for the district; all of it belongs in your offer planning.
Know the conversion history. The co-op was created by its own residents. Submit a complete, well-prepared board package, and review the current budget, audited statements, debt and any assessments.
What to know if you’re selling
Tell the conversion story. A building its tenants organized to buy in 1983 has a documented provenance; it belongs in the narrative alongside the architecture.
Photograph the Gothic. Window surrounds, parapet, and chimneys distinguish this building from every generic prewar comparable; exterior and detail photography earn their space in the marketing file.
Anchor per-room pricing to configuration and condition. The spread between period-intact, renovated, and combined units is the real pricing axis; the building's own line history — not neighborhood averages — makes the case.
Flag the process practicalities early. Superintendent and board notice before listing and showings is a house rule; building it into the marketing timeline avoids friction with the neighbors who will vote on your buyer.
Comparable buildings
If you're considering 115 Willow Street, also evaluate:
- 128 Willow Street — prewar co-op neighbor across the street
- 149 Willow Street — small co-op peer farther south on Willow
- 135 Willow Street — the postwar services alternative with garage on the same street
- The Mansion House (145 Hicks Street) — the nearby 1935 doorman co-op; the services step-up
- 130 Hicks Street — the postwar entry-tier co-op back-to-back on the same block interior
- 70 Clark Street — prewar elevator co-op by the Clark Street station
- 72 Orange Street — 1937 prewar co-op on the fruit streets; the sibling character play two blocks north
- 160 Columbia Heights — the Promenade-adjacent co-op tier for buyers stepping up
- 2 Grace Court — larger prewar co-op in the district's southern blocks
More Brooklyn Heights buildings
- 11 Schermerhorn Street — 1914 co-op
- 110 Livingston Street — 1926 condominium
- 114 Clinton Street — 1923 co-op
- 118 Remsen Street — 1900 condominium
- 123 Henry Street — 1894 co-op
- 123 Pierrepont Street — 1849 co-op
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Brooklyn Heights.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
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 115 Willow Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com