41 Clark Street

The building is a ten-story masonry block on a compact corner lot of roughly 2,900 square feet — narrow and tall by Brooklyn Heights standards, which is what hotel economics produced here in 1899 and what row-house development never would have. Its roughly 25,000 square feet across ten stories yields small floor plates and few apartments per floor, in masonry with terra-cotta trim: the turn-of-the-century commercial-hotel palette rather than the brownstone-and-brick vocabulary of the Heights' residential streets.

The apartments are hotel-conversion stock and behave like it — the ceiling heights and window proportions of 1899 hotel construction, laid out on the corridor logic of the original plan rather than the front-to-back arrangement of a purpose-built apartment house. The count has moved as apartments were combined; the 2015 certificate-of-occupancy amendment pins the current legal configuration, and a buyer's attorney should read it alongside the corporation's stock ledger. Value moves on exposure — Clark Street south, Hicks Street west, or the interior courtyard — floor, and renovation state.

41 Clark is operated by St. George Tower & Grill Owners Corp. as one of the corporation's two buildings: review the corporation's audited financials, reserves, insurance and capital plan together with any separate building schedules. The governing documents determine how costs are allocated between addresses. The May 2023 refinancing was recorded at $20 million; obtain its current balance, terms and any later financing before calculating carrying costs.

The capital record here is legible from public filings: Local Law 11 façade work on three elevations filed in 2011, and a 2020 filing covering roof replacement and waterproofing, parapet rebuilding, sill replacement, terra-cotta repair and exterior masonry. For an 1899 masonry building in a historic district, façade cycles are the recurring item; confirm that the 2020 work was completed and check current condition in recent engineering reports and board materials. Current staffing and managing agent should be confirmed with management; The Roebling Team remains the contact of record for clients.

Purchaser review: Standard cooperative board approval at the corporation level — expect the longer application and interview timeline of a large co-op rather than a small self-managed Heights building.

Subletting, pets, pied-à-terre use, financing limits and flip tax: Not publicly documented. These are corporation-level policies covering both buildings; the current purchase application and house rules control, and each should be confirmed in writing before contract.

Alterations: Anything affecting the exterior — windows, parapet, Clark Street storefronts — runs through the Landmarks Preservation Commission as well as the board.

Recent sales

Sales sourced from NYC Department of Finance recorded transfers (BBL 3-00231-0017). 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.

Underwrite the corporation, not the building. Read the audited financials, the recorded 2023 mortgage and current debt statement, reserve records and capital plan together. Confirm any separate building accounts and the governing allocation of expenses.

Confirm the certificate of occupancy and the stock ledger. The 2015 amendment recorded conjunctive mixed uses and filings have moved between twenty-four and twenty-eight residential units.

Price the mixed-use corner honestly. Ground-floor commercial tenancies are income to the corporation and noise to the lower floors. Both are real.

Façade filings on record. The records show LL11 repairs in 2011 and a 2020 roof, parapet, sill and terra-cotta campaign; confirm completion, current condition and what remains outstanding.

The location is a genuine differentiator. The 2/3 express entrance sits inside the former hotel complex; the Promenade is three blocks west.

Explain the corporation up front. Explain the shared corporation and provide the documents governing cost allocation, so buyers can assess the two-building structure without assuming equal or automatic sharing.

Lead with the St. George provenance. Present the St. George hotel history, the Tumbridge expansions, the Morris and Roth chapters and historic-district protection without ranking the history of other cooperatives.

Document the capital record. Put the filings for the 2020 roof, parapet and terra-cotta campaign in the deal room, with proof of completion and sign-off.

Price per room against the Heights prewar set, then adjust for maintenance. Buyers at this scale run the underlying-debt arithmetic themselves. Get ahead of it.

If you're considering 41 Clark Street, also evaluate:

• 44 Pineapple Street (St. George Tower) — the other building in the same cooperative corporation; the Emery Roth tower; compare apartment features and the applicable maintenance and cost allocations
• 60 Pineapple Street — another wing of the old hotel complex, converted to a loft-style cooperative in 1981
• 15 Clark Street — Slee & Bryson's prewar apartment house on the same corridor
• 35 Clark Street — prewar cooperative peer a block west
• 70 Clark Street — Clark Street cooperative alternative at comparable scale
• 45 Pineapple Street (Hamilton House) — the block's postwar full-service alternative
• 59 Pineapple Street — classic Fruit Streets prewar co-op, a quieter counterpoint
• 75 Henry Street — the large-scale Cadman Plaza-era cooperative nearby to the northeast