220 Berkeley Place

The building occupies an 11,250-square-foot lot and holds about 43,900 square feet of recorded gross floor area across six stories — a ratio near 3.9 against the 3.0 residential FAR of the block's R7B contextual zoning. That simple comparison does not establish legal zoning floor area or what could be built on the site.

The 61 residences run to the postwar Brooklyn standard of studios, one-bedrooms and two-bedrooms, with the sixth floor carrying the building's best light and the mid-block position sparing the front line of avenue noise. There are no terraces and no through-floor units of the sort a brownstone conversion produces; the value spread between apartments is set almost entirely by floor, exposure and renovation state. Because the building runs a single passenger elevator bank and no freight car, moves are scheduled with the superintendent and the front door is attended while it is open — a small operational detail that also tells you the scale of the staff.

220 Berkeley Place Housing Corp. has run the building since the 1981 closing, under professional management with a resident superintendent handling the physical plant. The corporation's financial records in The Roebling Research Library run back to the early 2000s, which supports trend-level diligence on maintenance growth, reserve practice and assessment history — the three questions that matter most in a self-contained co-op with no commercial income to lean on.

Review façade, roof, parapet, elevator, boiler and riser condition and planned work at this 1955 masonry building. FISP generally applies above six stories; confirm applicability to this stated six-story building before requesting statutory cycle filings. Exterior alterations require LPC review in addition to applicable DOB permits, but approval requirements alone do not establish relative cost or duration. Ask for the current capital plan, scope, bids and permit history.

Pets: The house rules prohibit dogs and condition other birds and animals on revocable written permission. The September 28, 2026 management schedule lists pets as not allowed; confirm the operative rule for cats and other animals without assuming either source supersedes the other.

Purchaser review: Full board package — two years of tax returns, income and cash-flow statements, business and personal references, a prior-landlord statement, proof of homeowner's insurance — followed by an interview. Recognition agreement and commitment letter are required where financing is involved.

Financing: The September 28, 2026 management schedule states maximum financing of 80% of purchase price; confirm current applicability and other approval requirements. Refinancing and home-equity borrowing require board consent on the same terms.

Subletting: The house rules require board consent, including non-family occupancy beyond one month. Management’s September 28, 2026 schedule adds one year of residence before waiting-list eligibility, a two-year sublease term, at most two one-year extensions and a cap of 20% of non-sponsor apartments. Confirm current availability and operative terms.

Alterations: Written notice to the board with the contractor's scope; anything structural or involving wall removal requires an engineer's certification at the shareholder's expense, licensed and insured contractors, and the corporation and managing agent named as additional insureds. Floors must be 80 percent covered.

Insurance: Every shareholder must carry general liability coverage with a current certificate on file.

Move deposits: $500 refundable in each direction; weekday moves only, 9:00 a.m. to 5:00 p.m.

Flip tax: No flip-tax formula is established in the reviewed materials. Confirm the current adopted fee, if any.

Pied-à-terre: Considered case by case, according to the September 28, 2026 management schedule. Confirm current applicability against the operative rules and application.

Washer/dryer: In-unit washers and dryers are not allowed according to the September 28, 2026 management schedule. Confirm the operative rule and any apartment-specific exception.

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.

Market read. Most recent trades (2026 to date) cleared a median $858/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 0.0% from the last ask.

Sales sourced from NYC Department of Finance recorded transfers (BBL 3-01063-0026). 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.

Confirm the pet rule before you fall for an apartment. Dogs are prohibited under the house rules on file. This is not a policy that quietly goes unenforced in a building where every purchaser signs the rules as part of the board package.

Price the postwar plan honestly. You are buying closets, square rooms and a workable kitchen, and giving up ceiling height and original detail. That is a good trade for many buyers and a bad one for others; decide which you are before you compare this to a brownstone floor-through.

Landmarks applies even though the building is postwar. Windows and any façade work require LPC approval. Ask what the last window program cost and whether one is pending.

Read the board package requirements early. Two years of returns, multiple references, a landlord statement and an interview — the review is thorough, and the September 28, 2026 management schedule reports an 80% purchase-price financing ceiling, with other board requirements to confirm.

Model the carrying cost with no commercial income. There is no garage, no retail and no professional space subsidizing the budget. Maintenance and assessments carry the building.

Lead with the plan, not the vintage. Photograph the closets, the room proportions and the kitchen. The apartment's argument against a converted brownstone is functional, and it has to be shown rather than asserted.

Disclose the pet rule up front. Screening for it early costs you a few showings and saves you a dead contract after board submission.

Price against the district's mid-scale elevator co-ops. The right comparable set is the six-story buildings between Seventh and Eighth Avenues, not the Plaza Street and Prospect Park West towers with doormen and heavier maintenance.

Have the board package assembled in advance. In a building with a full financial review and an interview, a seller who can hand a buyer the exact requirement list shortens the deal by weeks.

If you're considering 220 Berkeley Place, also evaluate:

• 235 Lincoln Place — 1937 co-op one block north; the prewar alternative at similar scale inside the same district
• 225 Lincoln Place — six-story 1920s co-op a block north; larger, with a documented flip tax and sublet framework
• 209 Lincoln Place — the ten-story 1928 elevator co-op a block north, with its own parking lot
• 140 8th Avenue — the 1936 Art Deco co-op at Carroll Street; the district's largest interwar apartment house
• 814 Carroll Street — 1950 co-op of similar postwar vintage a few blocks south
• 20 Plaza Street East — 1940 co-op on Grand Army Plaza; the larger, more service-heavy alternative
• 40 Prospect Park West — 1942 park-front co-op outside the district line
• 343 4th Avenue — the 2006 Fourth Avenue condominium; the condo-ownership alternative in the same neighborhood