153 Lincoln Place
153 Lincoln Place, Brooklyn, NY 11217
Park Slope, Brooklyn
BBL 3009487501 · BIN 3394280
- Year built
- 1886
- Type
- Condominium
- Units
- 10
- Floors
- 4
- Amenities
- Side yard. No doorman, elevator or on-site staff is documented
- Financing
- Set by the lender, not a board
- Landmark status
- Not an individual landmark; in the Park Slope Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Doorman
- No doorman
Every recorded sale at this building, 2007–2025
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2025
- $1,527
- floor-adjusted, 2 sales
- Listing discount
- 3.5%
- Recorded sales
- 28
- On record
- 2007–2025
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 153 Lincoln 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.
This is one of the few freestanding mansions in the North Slope, and among the most elaborate. Lamb & Rich designed it in 1886–87 for Frank L. Babbott, a merchant, art collector and president of the Packer Collegiate Institute, and his wife Lydia, a daughter of Charles Pratt. The connection to Pratt shows in the team. Lamb & Rich were among Pratt's preferred architects; they designed the Main Building at Pratt Institute. The builder was the Morris Building Company, Pratt's construction and development arm. The house fills 31 feet of frontage on a wider lot, with a turret, rolling rock-faced brownstone, and a side elevation as worked as the front.
The house did not stay single-family. Press accounts place a Presbyterian home for the aged here in the 1940s and 1950s. It later became a hotel with a poor reputation. The DOB record matches: a 2004 alteration application converted a Class B building, the code for transient and rooming-house occupancy, into permanent Class A apartments. The interior was gutted. The original detail inside was already gone.
The condominium is recent. SDS Lincoln LLC bought the property in 2007 and recorded the declaration in January 2009. It sold all ten units between February 2009 and July 2010, each to a separate buyer. The financial statements on file confirm no sponsor units remained at the end of 2022. Every apartment now changes hands by condominium deed. We checked because conversions this size sometimes turn out to be condops, where apartments trade as co-op shares. That is not the case here.
Architecture and unit composition
Ten apartments occupy four stories, with residential space in the attic and cellar: four on the first floor (1A–1D), three on the second (2A–2C) and three on the third (3A–3C). The Department of Finance roll puts them between about 1,030 and 1,640 square feet. The largest units, about 1,540 to 1,640 square feet, are 1A, 1C, 1D and 3A. The second floor has the smallest. The top-floor apartments sit under the slate roof. They are the units most exposed to the building's roof history, described below.
The facade is the value. The brownstone frieze, turret, dormers, chimneys and ornament are all under LPC jurisdiction. Window, masonry and roof alterations generally require LPC review, while specified routine maintenance is exempt. Determine the applicable standards and permit route for the actual scope before budgeting cost and time.
Building operations
The Lincoln is a small condominium run by an owner board with a professional managing agent. Its operating budget is modest. Audited statements show common-charge income of about $89,000 in 2022. The same statements show thin reserves: cash at year-end 2022 was about $34,000. As of those statements there had been no reserve study and no funding plan for future major repairs; confirm the current position. The association has paid for capital work mainly through special assessments:
- 2015 and 2017: Two assessments, $400,000 and $150,000, paid for a complete slate-roof replacement and an exterior restoration done under LPC review, per Habitat Magazine (2018). Common charges were raised at the same time.
- March 2022: A one-time assessment of about $38,000 for facade rehabilitation, legal costs and reserves, per the audited financial statements.
- July 2023: A first installment of about $124,000 for sewer repairs and stoop repair or replacement. The statements note that a second installment was still to be sized once the stoop scope was known.
The association has sued the developer to recover the cost of repairing the roof and other work it says was built defectively. As of the most recent audited statements on file (issued September 2023), the case was unresolved. A DOB filing for the roof and exterior program was signed off in January 2025.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $313 per room a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $1.15 per square foot a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- No doormanSource: The Roebling Team's building profile
- Elevator
- YesSource: 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 |
|---|---|---|---|---|---|
| Dec 16, 2025 | 1D | 3 BR · 3 BA · 1,644 sf | $2,400,000 | $1,460/sf | -4.0% |
| Feb 3, 2025 | 3B | 3 BR · 2.5 BA · 1,324 sf | $2,110,000 | $1,594/sf | -6.2% |
| Oct 17, 2024 | 3A | 3 BR · 2.5 BA · 1,555 sf | $2,325,000 | $1,495/sf | +3.3% |
| Aug 29, 2024 | 1C | 3 BR · 3 BA · 1,542 sf | $1,910,000 | $1,239/sf | -4.3% |
| May 13, 2024 | 2C | 3 BR · 2.5 BA · 1,422 sf | $2,375,000 | $1,670/sf | +5.6% |
| Sep 17, 2021 | 2A | 2 BR · 2 BA · 1,034 sf | $1,540,000 | $1,489/sf | +1.0% |
| Mar 8, 2021 | 2B | 3 BR · 2 BA · 1,127 sf | $1,475,000 | $1,309/sf | -1.7% |
| Dec 3, 2020 | 1C | 3 BR · 3 BA · 1,542 sf | $1,799,000 | $1,167/sf | -1.4% |
Market read. Most recent trades (2025) cleared a median $1,527/sf (floor-adjusted) across 2 sales. 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 3.5% 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 3-00948-7501; 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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What to know if you’re buying
Read the assessment history as the carrying cost. Four assessments in eight years, plus thin reserves and no reserve study, mean the next capital item will probably be funded the same way. Ask the managing agent for the current budget, the status of the second 2023 installment, and any work planned.
Get the litigation status in writing. Ask whether the suit against the developer has been resolved and whether any recovery or cost is still pending. Also ask whether any other claims involving the association are open. Your attorney should get this from the managing agent and board minutes.
Budget for Landmarks. Window, masonry and roof work on this facade must meet LPC standards. That shapes cost and timing for both owners and the association.
What to know if you’re selling
Lead with the architecture and the documented roof. Lamb & Rich, the Babbott and Pratt history, and a slate roof fully replaced under LPC review answer most of the questions buyers raise about old roofs.
Disclose the assessments up front. Buyers' attorneys will find them in the financials. If you explain them before they ask, they are easier to defend in negotiation.
Comparable buildings
If you're considering 153 Lincoln Place, also evaluate:
- 225 Lincoln Place — Caughey & Evans's 1923 co-op a block east in the same historic district
- 235 Lincoln Place — Charles Kreymborg's 1937 neo-Federal co-op on the same street
- 209 Lincoln Place — a ten-story 1920s co-op with its own parking lot, also in the district
- 1 Prospect Park West — the Knights of Columbus clubhouse at Grand Army Plaza, also converted from institutional use to a condominium
- 190 Garfield Place — a 1905 building converted to a 40-unit condominium in 1987, between Sixth and Seventh Avenues
- 10 Montgomery Place — Montrose W. Morris's 1910 walk-ups, a small North Slope conversion with its own capital timeline
- 412 Eighth Avenue — two 1920 walk-ups converted to a condominium in 2010; a comparable recent conversion
More Park Slope buildings
- 140 8th Avenue, 140 Eighth Avenue — 1936 co-op
- 144 Garfield Place — 1920 co-op
- 145 Park Place (Park Place Condominiums) — 1925 condop
- 155 15th Street (Harbor Hill) — 2011 condominium
- 156 Prospect Park West — 1899 co-op
- 157 Prospect Park West — 1899 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.
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646.939.7375 · c.cohen@compass.com