375 Lincoln Place
375 Lincoln Place, Brooklyn, NY 11238
Prospect Heights, Brooklyn
BBL 3011760047 · BIN 3029528
- Year built
- 1921
- Type
- Cooperative
- Units
- 39
- Floors
- 4
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Dogs
- Not permitted
- Cats
- Permitted
- Doorman
- Part-time doorman
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median, 2023–2026
- $1.2M
- 4 qualifying sales
- Recent range
- $650K – $1.8M
- Listing discount
- 0.0%
- Recorded transfers
- 52
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 375 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.
375 Lincoln Place is a 1921 four-story apartment house on a 125-foot frontage. It is effectively a building of the late 1980s inside a 1921 shell, and that shapes everything about it.
The ownership record shows how it got there. Between 1976 and 1982 the property passed through a series of realty corporations. In 1983 ACRIS records a deed from the Commissioner of Finance to the City of New York, which is the form a tax foreclosure takes, and a vacate order dated December 1983. By January 1985 the building was in private hands again and was being sold. Linplace Associates acquired it in July 1986. DOF records an alteration in 1987, and the building was deeded to 375 Lincoln Place Owners Corp. in June 1988.
That sequence explains the building's amenities. A building under a December 1983 vacate order would have had few or no tenants left to protect, which is consistent with the sponsor rebuilding it completely. The 1988 J-51 certification covers roughly $600,000 of work, which supports the listing-record description of an architect-renovated building. Four-story prewar buildings in Prospect Heights are usually walk-ups. This one has an elevator, a part-time doorman, laundry on every floor, a gym, a planted common roof deck, and apartments with private outdoor space. City data hasn't caught up: DOF still classes the lot C6, the code for a walk-up cooperative. Buyers and appraisers should rely on the building itself, not the class code.
The conversion is now almost forty years old. The reviewed ACRIS record shows transfers across all four floors from 2003 to 2026, without a named sponsor-entity seller in that period. That does not establish beneficial-owner independence or the absence of unsold-share rights; confirm the current share ledger, amendments and board-control disclosures.
Architecture and unit composition
From the street, 375 Lincoln Place is a long, low brick front of four stories, 125 feet wide and 84 feet deep. ACRIS apartment designations run from A through J on each floor, and one unit carries the suffix T. That points to a double-loaded plan: a central corridor with apartments on both sides, facing Lincoln Place and the rear yard. Listing records describe one-, two- and three-bedroom apartments, many with private outdoor space. DOB filings from 2010 onward include terrace repair along with roof and façade work.
Three counts are on the record: 39 units per DOF, 36 per most DOB filings and listing records, and 39 in a 2010 DOB filing. The simplest explanation is that apartments were combined after conversion and DOF was never updated. A pending 2026 filing to combine two fourth-floor apartments would lower the count again. The corporation's share ledger is the figure to rely on.
Building operations
Capital work. DOB filings show roof, façade and terrace repair in 2010. A 2015 filing covered a full roof replacement with new insulated roofing. Façade repair followed in 2018, with sidewalk sheds in 2010, 2014, 2017 and 2018 and a pipe scaffold in 2025. Filings do not confirm completion or condition; ask what was finished and whether any exterior work is currently open.
Underlying mortgage. The corporation has borrowed from a cooperative lender since 1998. It refinanced in 2005, 2013 and January 2022. The 2022 documents record a first mortgage in the low single-digit millions, plus a smaller companion loan that is probably a line of credit. Recorded figures are a starting point. Request the current balance, rate and maturity. Older listing records describe a small underlying mortgage taken for capital improvements and no assessments. That statement is undated, so confirm it.
J-51 history. J-51 is a city property-tax benefit for building rehabilitation. It combines an exemption, which keeps the added assessed value off the tax bill, with an abatement, a credit of part of the certified cost against taxes. DOF records three J-51 grants on this lot:
- 1974: A 12-year, 75 percent grant on a very small certified cost. Long since expired.
- 1988 (the conversion rehabilitation): A 90 percent abatement on about $607,400 of certified cost, with an exemption that phased out by the 2001 tax year. Abatement credits ran through the mid-2000s. Expired.
- 2013: A 90 percent abatement on $72,281 of certified cost, credited at about $6,023 a year. DOF's abatement roll shows it still active in the 2024 tax year. The remaining-balance figures suggest possible exhaustion around 2024–25 at that annual rate, but the reported 14-year term does not by itself establish a 2027 abatement deadline. Obtain the award and current bill to establish the actual credit and end date. The historical $6,023 annual credit averages under $200 across 36–39 apartments; actual share allocations and the current budget determine any maintenance effect.
Policy framework
- Pets: Cats only, per listing records.
- Subletting: Permitted, per listing records. Term limits and fees must come from the managing agent.
- Financing: Listing records give 10 percent and 20 percent minimum down. Treat 20 percent as the working assumption until the managing agent confirms otherwise.
- Guarantors: Allowed, per listing records.
- Flip tax: A transfer fee exists, per listing records. Get the amount and who pays it in writing before contract.
- Pied-à-terre, trust/LLC purchases, washer/dryer installation: Not documented. They must come from the managing agent.
- Landmarks: None applies.
Pets and in-unit washer/dryer
- Dogs
- Not permittedSource: The Roebling Team's building profile
- Cats
- PermittedSource: The Roebling Team's building profile
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Own an apartment here? Request an apartment-specific pricing review.
Monthly carrying charges in recent sales
- Maintenance, per room
- $410 per room a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $1.49 per square foot a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Part-time doormanSource: recent listing records
- Concierge
- YesSource: recent listing records
- Elevator
- YesSource: NYC Department of Buildings elevator records
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
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $6,709/yr
- Per unit / month range
- $0 – $14
- Modeled exposure split equally across 39 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Recent sales
375 Lincoln Place competes with the Prospect Heights prewar elevator co-ops, not the walk-ups its class code would suggest. This site uses price per room as one comparison method, with consistent room definitions, alongside verified area, condition and carrying costs; test any outdoor-space premium against matched sales. The reviewed ACRIS record contains transfers through 2026; report the count and dates over a defined period before comparing turnover with other buildings. Compare larger renovated terrace apartments with compact interior lines using identified, dated transactions rather than assigning them a neighborhood price rank. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| May 8, 2026 | 4F | 2 BR · 2 BA · 1,244 sf | $1,750,000 | $1,407/sf | +20.7% |
| Feb 14, 2025 | 1F | 2 BR · 2 BA · 1,260 sf | $1,197,000 | $950/sf | -4.2% |
| Dec 20, 2024 | 1H | 2 BR · 2 BA · 1,100 sf | $1,150,000 | $1,045/sf | +0.0% |
| Jul 13, 2023 | 2E | 1 BR · 1 BA | $650,000 | -3.7% | |
| Mar 9, 2023 | 2I | 2 BR · 1 BA | $805,000 | +0.8% | |
| Oct 18, 2022 | 3E | 1 BR · 1 BA | $699,000 | +0.0% | |
| May 19, 2022 | 4I | 2 BR · 2 BA | $1,475,000 | +18.0% | |
| Apr 11, 2022 | 3I | 2 BR · 1 BA | $830,000 | +0.6% |
Market read. Most recent trades (2026 to date) cleared a median $1,407/sf (floor-adjusted) across 1 sale. 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.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Jul 31, 2017 | 2F | $901,000 |
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 3-01176-0047). 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.
What would your apartment rent for?
Enter your apartment and I'll send you what it would rent for, from comparable closed leases at 375 Lincoln Place and nearby.
At the recent median sale of $1.2M (3 transfers in the past 24 months, since November 10, 2024), a buyer putting 25% down would pay about $25,009 to close, or 2.1% of the price.
- Mansion tax: $11,970
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $13,039
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
Settle the unit and share count first. DOF says 39 and DOB and listing records say 36, and a combination is pending. Your attorney should confirm the share allocation for your specific apartment.
Confirm the minimum down payment. A 10 percent minimum is rare among Brooklyn co-ops and would matter to your financing. It has been reported alongside 20 percent. Get the current figure from the managing agent before you plan financing around it.
Price the transfer fee. A flip tax is reported but its amount is not. It is part of your eventual exit cost.
No dogs. Listing records say cats only. If you have a dog, confirm the policy before you do anything else.
Verify any remaining J-51 credit. The historical award and balance do not establish today's benefit or its expiry. Underwrite maintenance from the current tax bill, award schedule and budget.
Expect a standard board package and interview. Plan on full financial disclosure. This is a corporation of 36 to 39 apartments.
What to know if you’re selling
Lead with what a four-story building rarely has. An elevator, a part-time doorman, laundry on every floor, a gym and a common roof deck set this building apart from the neighborhood's walk-ups. Say so.
Market the outdoor space by apartment. Private outdoor space is the building's premium feature. If your apartment has it, measure and photograph it. If it doesn't, the common roof deck is the answer to that question.
Correct the class code before the appraiser relies on it. DOF's C6 walk-up classification can mislead a lender's appraiser. Give them the building's elevator and service details up front.
Comparable buildings
If you're considering 375 Lincoln Place, also evaluate:
- 418 St Johns Place: the 1924 six-story elevator co-op on the same tax block, facing St Johns Place
- 125 Eastern Parkway (The Theodore Roosevelt): a 1923 six-story co-op directly south, on the parkway between the same two avenues
- 175 Eastern Parkway: a 1922 six-story co-op at the Washington Avenue end of the parkway
- 295 St Johns Place (The Mews at Grand Army Plaza): a 1923 courtyard co-op toward Grand Army Plaza, rehabilitated in the same 1980s conversion era
- 230 Park Place: an Art Deco elevator co-op inside the historic district
- 225 Park Place: a 1940 elevator co-op in the district, converted in 1985
- 50 Plaza Street East: a 1925 prewar co-op on the Grand Army Plaza arc
- 44 Butler Place (Butler Plaza): a 1925 building gut-renovated as condominiums in 1986–87. The closest parallel to this building's history, under condo ownership
More Prospect Heights buildings
- 34 Plaza Street East — 1956 co-op
- 357 Prospect Place — 2017 condominium
- 365 St. John's Place — 1909 co-op
- 382 Prospect Place — 1931 co-op
- 394 Lincoln Place — 1917 co-op
- 408 St Johns Place — 1924 co-op
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Prospect Heights.
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 375 Lincoln Place?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com