118 Sterling Place
118 Sterling Place, between Sixth and Seventh Avenues · Park Slope
Park Slope, Brooklyn
BBL 3009457504 · BIN 3019280
- Year built
- 1920
- Type
- Condominium
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
Every recorded sale at this building, 2009–2024
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2024
- $1,440
- floor-adjusted, 1 sale
- Listing discount
- 0.5%
- Recorded sales
- 27
- On record
- 2009–2024
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 118 Sterling Place 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.
118 Sterling Place combines the scale of a four-story prewar walk-up with condominium ownership. Its sixteen residences are principally compact apartments, with one-bedroom and two-bedroom configurations appearing in the inventory. Apartment storage and bicycle facilities occupy the basement.
The building's non-eviction conversion was accepted by the Attorney General in June 2008 and became effective in August 2009. The sponsor was 118 Sterling Place, LLC. Initial individual closings followed that year, and later sales include both sponsor offerings and resales.
Architecture and unit composition
Recorded apartment areas commonly fall between approximately 510 and 700 square feet. The smaller plans and larger one-bedroom homes have different room arrangements despite their relatively close overall sizes. Some layouts provide a separate dining room; others use a room beside the living area as an additional bedroom.
High ceilings, windowed kitchens and wood floors recur across renovated apartments. Top-floor homes require three flights above the entrance level.
Renovations have introduced contemporary kitchens and bathrooms into the older apartment shell. In-unit laundry appears among the homes. The building remains a walk-up, and the residential interiors occupy the original four-story structure.
Building operations
Each apartment has dedicated basement storage, and there is bicycle storage. All sixteen tax lots are residential. The largest owner holds three apartments, approximately 19% of the inventory.
The Attorney General's 2022 filing identifies a non-sponsor-controlled board. That establishes a documented period of owner control despite the continued presence of retained apartments. The building's long-running J-51 benefit ended after its recorded thirty-four-year term; current ownership is outside that program.
Policy framework
Pets: Confirm the current policy with the managing agent. In-unit washer/dryer: Present in apartments — confirm installation requirements with the managing agent.
Building staffing and amenities
- Elevator
- NoSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Bike storage, storageSource: 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
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
See full Local Law 97 analysis →Recent sales
Recent closings 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 |
|---|---|---|---|---|---|
| Jul 9, 2024 | 3A | 2 BR · 1 BA · 670 sf | $965,000 | $1,440/sf | -1.4% |
| Jun 27, 2022 | 4C | 2 BR · 1 BA · 517 sf | $795,000 | $1,538/sf | -0.5% |
| Dec 13, 2019 | 4A | 2 BR · 1 BA · 640 sf | $835,000 | $1,305/sf | -1.2% |
| Dec 1, 2017 | 3BSponsor Sell-Out | 700 sf | $274,598 | $392/sf | — |
| Dec 1, 2017 | 3ASponsor Sell-Out | 2 BR · 610 sf | $239,292 | $392/sf | — |
| Dec 1, 2017 | 1ASponsor Sell-Out | 500 sf | $196,141 | $392/sf | — |
| Dec 1, 2017 | 2DSponsor Sell-Out | 510 sf | $200,064 | $392/sf | — |
| Dec 1, 2017 | 1DSponsor Sell-Out | 1 BR · 510 sf | $200,064 | $392/sf | — |
Market read. Most recent trades (2024) cleared a median $1,440/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 0.5% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
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 3-00945-7504; each condominium apartment is its own tax lot). 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 from recorded condo declarations and offering plans.
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Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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Comparable buildings
- 153 Lincoln Place: A smaller condominium conversion within a Romanesque Revival mansion.
- 64 Seventh Avenue: A prewar walk-up condominium in a Thomas Stent apartment house.
- Park Union: A small condominium created through conversion and vertical enlargement.
- The Merchant House: A condominium conversion of industrial buildings, with loft-style layouts.
- 145 Park Place: A larger mid-2000s condominium development with elevator access and varied street-facing elevations.
More Park Slope buildings
- 115 St. Marks Place — 1910 condominium
- 118 Eighth Avenue — 1936 co-op
- 118 St. Marks Place — 1899 condominium
- 12 Lincoln Place — 1918 co-op
- 120 Prospect Park West — 1899 co-op
- 123 Sixth Avenue — 1880 condominium
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.
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646.939.7375 · c.cohen@compass.com