255 Eastern Parkway (The Woodrow Wilson)
255 Eastern Parkway, Brooklyn, NY 11238
BBL 3011817501 · BIN 3029652
- Type
- Condominium
- Units
- 90
- Floors
- 6
- Landmark
- No
- Flip tax
- In force — audited statements record flip-tax income — but the rate is not stated in the documents on file
Every recorded sale at this building, 2003–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,277
- Listing discount
- 0.0%
- Recorded sales
- 109
- On record
- 2003–2026
Eastern Parkway is why this building exists in the form it does. Olmsted and Vaux laid it out between 1870 and 1874 as the world's first parkway — a central roadway flanked by planted malls and service roads, modeled on the boulevards Olmsted had walked in Paris and Berlin. For fifty years almost nothing was built along it. Then, in the mid-1920s, the parkway filled in at once with exactly this building type: elevator apartment houses for a professional middle class leaving denser Brooklyn and the Lower East Side, named for English and French streets or for American presidents — hence a 1924 building named for a president three years out of office.
Shampan & Shampan's design is one of the brothers' better essays: early Art Deco with Gothic detailing, entered through a marble lobby behind landscaped gardens. It opened with a 24-hour doorman and apartments of two to seven rooms, the larger with maid's rooms and two baths, renting from $75 to $210 a month — more than the same management asked for comparable space on Prospect Park West.
A century later it is still a doorman building on the parkway with unusually large prewar plans, and it is a condominium — the fact that most distinguishes it commercially, since nearly every prewar building on this stretch is a cooperative. That means no board package in the cooperative sense, financing governed by the lender rather than house policy, and a straightforward path for an owner who intends to lease.
Three things belong in diligence, all from the documents.
A quarter of the building is still an unsold-unit rental block. The Thirty-Second Amendment, filed in 2022, discloses that a holder of unsold units — RSP UAP-4 Property LLC — owns a block of apartments it rents rather than sells, carrying roughly $17,900 a month in common charges against roughly $25,500 a month in rent collected. That is close to a quarter of the building's total monthly billing. The amendment states the holder is current, does not control the Board, and has not pledged the units as collateral. This is concentration rather than distress: one owner carries roughly a quarter of the vote and the budget, and a quarter of the building turns over as tenancies rather than sales.
A $1 million capital assessment ran from 2017 to 2021 and has concluded. Adopted in July 2017 at roughly $20,833 a month across the building, it commenced that September over 48 months; statements record $250,000 of assessment income in each of 2019 and 2020. Any listing history from that window embeds a monthly assessment that should now be gone.
There is a small mortgage, and it matures in 2027. The condominium refinanced the note on the superintendent's apartment on August 31, 2017: $675,000, ten-year term, $3,645 a month at 4.16 percent, maturing August 31, 2027. Modest for a building this size, but a real maturity inside the next twelve months at a rate no longer available.
Architecture and unit composition
The building runs 175 feet along the parkway and holds roughly 100,800 square feet of residential area across 90 apartments — an average near 1,120 square feet, generous by any modern standard and the building's central competitive advantage. Lines are lettered with unit numbers by floor, the legacy of a plan built for two- to seven-room layouts; combinations since the 1920s mean there is no clean line-to-line equivalence, and the three-bedroom stock varies substantially. The lot also sits well below its envelope, at a built FAR of 3.19 against a permitted 4.00. Unused development rights on a parkway lot are not hypothetical — ask whether the board has considered a rooftop addition or an air-rights transfer, and whether any easement or zoning-lot merger has been recorded.
Building operations
The Woodrow Wilson runs as a resident-governed condominium with a doorman, live-in superintendent and porter under professional management. Review runs through the Board's right of first refusal rather than an interview — but the right extends to leases as well as sales, which is the board's principal control over occupancy.
Capital posture, from the audited statements for 2020 and 2019: common-charge income flat year over year at roughly $862,000; ancillary income from laundry, parking, bicycle and storage; reserves across two accounts just under $600,000 at the end of 2020; and a 2021 budget approved with no increase in common charges and a $250,000 reserve contribution. Capital-improvement payables swung by nearly half a million dollars between 2019 and 2020 — the signature of a large project running through those years, matching a buildings record that shows window-lintel restoration and brick crack repair in 2013 and parapet replacement, pointing and roof repairs in 2017.
This is 1924 load-bearing masonry with an ornamented parapet, and the façade cycle is the recurring capital event. Ask for the current Local Law 11 status, today's reserve balance, the five-year capital plan, and the Local Law 97 position in writing.
Policy framework
The mechanics of the right of first refusal, from the offering plan on file, are worth understanding before you structure an offer. Exercising it on a purchase requires an affirmative vote of owners holding a majority of common interests; on a lease, the Board may act alone, without a vote. Unsold units held by the sponsor or its designees are exempt entirely. Subletting terms, financing conditions and any minimum down payment beyond the lender's are not documented in the records available to us — request the current house rules.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $18,189/yr
- Per unit / month range
- $0 – $17
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Recent sales
The Woodrow Wilson trades as prewar condominium space, and the right comparison is dollars per square foot against prewar condominium and cooperative product between Grand Army Plaza and Nostrand Avenue — not against Crown Heights new construction, whose apartments are roughly two-thirds the size. Two adjustments matter: the condominium structure earns a premium over the cooperatives that dominate the parkway, and that premium should be isolated rather than folded into a per-foot number; and comparables from 2017 through 2021 carried a monthly assessment that has since concluded. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings at this building, curated by The Roebling Team research desk. 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 15, 2026 | B14 | 2 BR · 1 BA · 925 sf | $1,215,000 | $1,314/sf | +21.6% |
| May 13, 2026 | C9 | 2 BR · 1 BA · 1,150 sf | $1,425,000 | $1,239/sf | +11.4% |
| Jun 24, 2025 | F5 | 630 sf | $625,000 | $992/sf | off-mkt |
| May 14, 2025 | D14 | 2 BR · 1 BA · 925 sf | $1,035,000 | $1,119/sf | -5.5% |
| Jan 31, 2025 | E8 | 2 BR · 1 BA · 896 sf | $1,100,000 | $1,228/sf | +2.3% |
| Oct 29, 2024 | C11 | 3 BR · 1 BA · 1,320 sf | $1,395,000 | $1,057/sf | +0.7% |
| Sep 14, 2023 | B14 | 2 BR · 1 BA · 925 sf | $1,050,000 | $1,135/sf | -4.1% |
| Aug 14, 2023 | F1 | 3 BR · 2 BA · 1,400 sf | $1,800,000 | $1,286/sf | +2.9% |
Market read. Most recent trades (2026) cleared a median $1,277/sf across 2 sales. 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 3-01181-7501) 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; square footage from recorded condo declarations and offering plans.
Comparable buildings
If you're considering the Woodrow Wilson, also evaluate:
- 135 Eastern Parkway (Turner Towers) — the parkway's best-known 1920s cooperative, two blocks west; the direct prewar comparison in the opposite tenure
- 175 Eastern Parkway — the 1922 cooperative facing the Brooklyn Museum; similar vintage and scale
- 41 Eastern Parkway — the 1926 twelve-story cooperative with the largest average apartments on the parkway; the space-per-dollar benchmark
- 125 Eastern Parkway (The Theodore Roosevelt) — a 1923 parkway building with a very different ownership history
- 856 Washington Avenue — a small Prospect Heights condominium near the Brooklyn Museum; the boutique alternative
- 111 Montgomery Street — the 163-unit Crown Heights new-development condominium; amenity against prewar space
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.
Considering a move at The Woodrow Wilson?
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Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Woodrow Wilson 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.