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Cooperative · 1957
Kingsview Homes
130 St. Edwards Street, Brooklyn, NY 11201
Buildings·Cooperative

130 St. Edwards Street (Kingsview Homes)

130 St. Edwards Street, Brooklyn, NY 11201

BBL 3020680001 · BIN 3322038

At a glance
Year built
1957
Type
Cooperative
Units
292
Landmark
No
Amenities
Gated grounds with 24-hour security staff and a central security booth; resident superintendent, handyman and a porter for each building; laundry room in each building; five parking lots and two indoor parking ramps, rented first-come; a community room with a kitchen in the 130 St. Edwards Street building; limited storage with a waitlist; bicycle parking; playground; landscaped gardens maintained in part by shareholder volunteers — per the cooperative's published materials
Flip tax
Per the 2008 audited statements, 25% on transfers by shareholders of record as of September 28, 2005, and 5% for shareholders who bought after that date. Confirm the current schedule with the managing agent
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at Kingsview Homes 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.

Kingsview is a mid-century limited-equity cooperative that did what most of its generation did not: it left the limited-equity model, early and on its own terms, and has traded on the open market for two decades since. The 2005 reconstitution is the fact that governs value here. Before it, an apartment could only be sold back at a formula price; after it, shares trade at whatever a buyer will pay, subject to board approval and a flip tax that was set higher for shareholders who held through the conversion than for those who bought after it.

That history also explains the structure buyers see today. Kingsview is a single corporation owning five buildings on one tax lot, with a board that sets policy for the whole complex, a flip tax set at conversion, and a conventional real estate tax bill. None of that is unusual for a postwar Brooklyn cooperative. What is unusual is scale and setting: about three acres of landscaped grounds, parking on site, and Fort Greene Park across the street.

The third point is data. City and aggregator records disagree with the cooperative about the apartment count (292 is right) and the building count (five is right), and the most recent sales in the record are at the top of the building's range rather than typical of it. Read any headline figure for Kingsview against the full transfer record.

Architecture and unit composition

Kingsview was built as part of the 1950s Title I redevelopment that cleared blocks between Downtown Brooklyn and Fort Greene Park. Brown, Guenther & Booss designed the complex as freestanding brick slab towers in the International Style, set in open grounds rather than on the street wall — the tower-in-the-park model of the period, here at a moderate fifteen stories. The cooperative's own description is that almost every apartment is a corner apartment: each floor carries four or five units, and living rooms have a full wall of windows, with views over the park and toward Downtown Brooklyn from the upper floors.

The apartments were designed for long-term middle-income occupancy: large bedrooms, generous closets, and a walk-in storage closet at the entry of each apartment. Kitchens and baths vary widely with renovation history, as in any sixty-year-old cooperative where some apartments have changed hands several times and others not since the conversion.

Building operations

Kingsview is professionally managed, with a property manager on site part of the week, an administrative office open daily, a resident superintendent and a handyman for the complex, and a porter for each building. Security is staffed around the clock, with camera coverage of the grounds and common areas. Maintenance includes real estate taxes and some utilities.

The financial statements on file are old — 2007 and 2008 — and describe a building with modest debt, no required reserve study and a reserve fund funded in part by flip-tax receipts. The recorded mortgage history since then is consistent with continued low leverage: a Valley National Bank loan placed in 2014 and modified in 2020, small against the size of the complex. Ask for the two most recent audited statements, the current reserve balance, any open assessment, and the capital plan, including façade work under Local Law 11 on five fifteen-story buildings.

Recent sales

Kingsview has one of the deepest resale records of any Fort Greene cooperative: about 250 recorded share transfers against the lot, with a steady cadence of a dozen or so a year across all five buildings. Pricing is set by apartment size, floor, park exposure and renovation condition. The most recent recorded sales include the highest in the building's record, on upper-floor apartments in the St. Edwards Street and Ashland Place buildings; they are not representative of the typical transaction, which trades well below them. A two-sale median drawn from the top of the range will overstate the building.

The competitive set is other postwar Brooklyn cooperatives near the park — University Towers across Ashland Place and the Willoughby Walk towers to the east — more than the brownstone and new-construction condominium stock of Fort Greene proper. Index any market statement to the last complete year. 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.

12D+76%
$625,000 2015 → $820,000 2020 → $1,100,000 2023
10D+69%
$800,000 2025 → $1,250,000 2025 → $1,355,000 2026
15D+50%
$625,000 2015 → $935,000 2020
7D+40%
$642,000 2016 → $899,000 2016
2A+37%
$520,000 2015 → $710,000 2019

Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Aug 24, 202610D$1,355,000
May 5, 20265B$750,000
Feb 13, 20262C$561,000
Jan 8, 202616A$815,000
Sep 22, 202510D$1,250,000
Aug 19, 202510C$638,000

Sales sourced from NYC Department of Finance recorded transfers (BBL 3-02068-0001) 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.

What would buying here cost?

At the recent median sale of $755K (10 transfers since 2024), a buyer putting 25% down would pay about $11,381 to close, or 1.5% of the price.

  • Mansion tax: $0
  • No mortgage recording tax or title insurance on a co-op purchase
  • Attorneys, lender, building fees and filings: $11,381

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

Confirm there is no residual restriction on your apartment. The 2005 reconstitution removed the limited-equity controls; ask the managing agent to confirm in writing that nothing survives on the specific apartment, including any sponsor or treasury-stock arrangement.

Get the flip tax schedule in writing. The tiered 25% and 5% flip tax recorded in 2008 may have been changed since. It affects your exit, and it affects which sellers are motivated.

No pets. The cooperative's published materials state that pets are not allowed. Confirm current policy before you contract if it matters to you.

Get the board's financial requirements. Financing ceiling, post-closing liquidity and sublet policy are not published. Run the Co-op Board Qualification Calculator against the real numbers.

What to know if you’re selling

Price to the right comparables. Buyers will reach for the most recent headline sale. Your apartment's floor, exposure, size and condition matter more than the last print, and there are enough recorded transfers to build a real comparable set.

Know your flip tax tier. Whether you owned before or after September 28, 2005 changes your net proceeds materially.

Comparable buildings

If you're considering Kingsview Homes, also evaluate:

More Fort Greene buildings

The neighborhood

For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Fort Greene.

Preparing a board package for this building?

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 Kingsview Homes?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com