35 Clark Street
35 Clark Street, Brooklyn, NY 11201
Brooklyn Heights, Brooklyn
BBL 3002300017 · BIN 3001724
- Year built
- 1922
- Type
- Cooperative
- Units
- 34
- Floors
- 7
- Landmark
- Designated
- Flip tax
- 1% of gross sale price paid by BUYER plus 1% paid by SELLER (per purchase application closing terms)
- Financing
- Max 80% financing; board will not approve sales financed above 80% of purchase price
- Subletting
- Board approval; 1 year + 1 renewal, 2-year cap (exceptions case-by-case); fee 10%/25%/50% of net rent by year (eff. June 2019); 25% cap on sublets+sponsor units; waitlist; board may halt below 75% owner-occupancy
- Pets
- Only by express revocable board permission (house rules E-1); leashed/carried in public areas
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2019 policy documents). Board policies can change by amendment — confirm at the offer stage.
35 Clark Street is a textbook example of the building type that anchors the Brooklyn Heights co-op market: an early-1920s elevator apartment house by a name-brand prewar architect, converted to cooperative ownership in the 1980s, and run since by a resident board with conservative, fully documented policies. LPC district records attribute the 1922 building to George F. Pelham, whose office produced apartment houses across New York at a pace few rivals matched; the Heights examples of his tier brought Manhattan apartment-house planning — foyer entries, separated bedroom wings, generous room counts — to a brownstone-scaled district.
The location is the building's strongest card. Clark Street between Willow and Hicks sits at the practical center of the Heights: the Clark Street 2/3 express station is essentially at the corner, the Promenade is a three-block walk west, and the retail spines of Montague and Henry Streets are equidistant. For commuters, this is among the best-connected addresses in the district — a genuine one-seat express ride to Wall Street and Midtown from a landmarked block.
The ownership history is unusually continuous. Sponsor L&L Properties had owned the building since 1964 before converting it under a non-eviction plan dated July 30, 1985 — a small-portfolio landlord conversion typical of the Heights' 1980s co-op wave. The plan allocated 5,836 shares across 32 offered apartments, alongside a professional office (Apartment A-6, a doctor's office under a renewable professional lease with a documented option to convert to residential shares) and a superintendent's unit. Sponsor-era unsold shares persisted for decades — a 2007 amendment still listed a handful of holder-of-unsold-shares apartments — which matters for understanding the building's resale history and its 25% sublet-and-sponsor cap.
Today the cooperative presents as a disciplined, well-papered small co-op: written sublet policy with escalating fees, a double-sided 1% flip tax, an 80% financing ceiling, and a documented alteration regime. Buyers who want policy clarity — and sellers who want a board whose rules survive lender scrutiny — will find the paperwork here unusually complete.
Architecture and unit composition
The seven-story building holds 32 residential apartments in Pelham's early-1920s planning vocabulary — roughly four to five units per floor across lettered lines, in the studio-to-two-bedroom range typical of the Heights' interwar elevator tier, with the professional office at A-6 on the ground floor. The share schedule from the 1985 plan (5,836 shares across the offered apartments) remains the basis for maintenance allocation; per-share economics are the correct lens for comparing units here, and the building's papers document the share count for each apartment. The building retains its interior courtyard, fire escapes on the secondary elevations, a single passenger elevator with a basement service elevator run, basement laundry, and designated storage for each unit.
Building operations
35 Clark Apts. Corp. is managed by Advanced Management Services of Brooklyn, with a live-in superintendent on a documented part-time schedule supplemented by the managing agent's service infrastructure. The building's operating documents — house rules revised 2014, sublet policy revised 2019, superintendent responsibilities memo, and alteration agreement — are all current-generation and internally consistent, which is not a given at this scale of co-op. Alterations require board sign-off with a $500 refundable deposit, $1 million contractor insurance naming the co-op and agent, and weekday work hours; construction deliveries route through the basement and the Hicks Street side gate rather than the lobby.
Recent sales
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Oct 3, 2025 | E5 | $1,175,000 |
| Nov 15, 2024 | F3 | $875,000 |
| Aug 22, 2024 | C4 | $1,187,500 |
| Feb 14, 2024 | B3 | $885,000 |
| Jun 12, 2023 | D4 | $1,190,000 |
| Jan 24, 2023 | F3 | $829,000 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-00230-0017) 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 to know if you’re buying
Budget both flip-tax legs correctly. The buyer pays 1% of the gross price here — a closing cost most Heights co-ops do not impose on purchasers. Run it through your closing-cost model alongside the standard items.
The 80% financing ceiling is generous for a co-op. Most peer Heights cooperatives require 20–25% down or more; 35 Clark's documented 80% ceiling widens the eligible buyer pool at the margin.
Understand the sublet runway before you buy as a flexible asset. Two years maximum, escalating fees, and a building-wide cap: this is a home-first co-op, and investors should look to the district's condominiums instead.
Check the professional unit's status. Apartment A-6's professional lease carries a documented conversion option; its status affects share count and, marginally, everyone's maintenance allocation.
The station is the amenity. Express 2/3 service at the corner substitutes for much of what an amenity floor provides elsewhere; weigh it accordingly against higher-carrying-cost alternatives.
What to know if you’re selling
Disclose the buyer-side flip tax early. Sophisticated purchasers will find it in the application package; surfacing it in the deal sheet avoids renegotiation at contract.
Package the co-op's paperwork as a strength. Current house rules, a written sublet policy, and a documented alteration regime read as good governance to buyers' attorneys and lenders.
Price per room against the Clark–Pineapple–Henry cluster. The right comps are the surrounding interwar elevator co-ops, adjusted for the express-station premium and specific light and renovation level.
Plan for board timing. Application, interview, and approval realistically add several weeks; the building's own documents describe the interview-to-decision cadence, so build it into the contract timeline.
Comparable buildings
If you're considering 35 Clark Street, also evaluate:
- 70 Clark Street — larger prewar co-op on the same corridor
- 15 Clark Street — boutique prewar co-op closer to the Promenade end of Clark
- 145 Hicks Street — 100-plus-unit prewar co-op one block away
- 130 Hicks Street — mid-size prewar Hicks Street co-op
- 55 Hicks Street — smaller prewar co-op in the north Heights
- 160 Henry Street — 1924 original-ownership cooperative two blocks east
- 129 Columbia Heights — 1907 Beaux-Arts co-op at Clark and Columbia Heights
- 44 Pineapple Street — major prewar Heights co-op alternative
- The Breukelen (57 Montague Street) — grand-scale Montague Street prewar co-op
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.
Considering a move at 35 Clark Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
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A Private Pricing Opinion — what your apartment at 35 Clark Street 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.