41 Eastern Parkway
41 Eastern Parkway, Brooklyn, NY 11238
Prospect Heights, Brooklyn
BBL 3011790096 · BIN 3029636
- Year built
- 1926
- Type
- Cooperative
- Units
- 60
- Floors
- 12
- Landmark
- No
- Subletting
- Plan as filed (1983): a shareholder has the right to sell or sublet provided the purchaser or subtenant is first approved by the Board of Directors, WHICH APPROVAL MAY NOT BE UNREASONABLY WITHHELD, or by tenant-shareholders owning at least 51% of outstanding shares. Deliberately contrasted on the page with the 'may be unreasonably refused' language in the 230 Park Place plan. Current board practice unverified.
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 1983 plan as filed). Reported and subject to confirmation. Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 3BR median
- $1.7M
- Recent range
- $720K – $2.3M
- Listing discount
- 1.3%
- Recorded transfers
- 57
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Copley Plaza. The Historic Districts Council's Prospect Heights survey lists the 1926 building under that name; the 1983 offering plan gives no common name, and the sponsor of the conversion operated as Copley Plaza Company 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.
Run the Department of Finance figures for every building on the parkway blockfront between Underhill Avenue and Washington Avenue and one number jumps out. 41 Eastern Parkway carries about 125,300 square feet of building area across 60 apartments. The fifteen-story cooperative four hundred feet east carries 220,000 square feet across 186. The six-story building at the museum end carries 85,000 across 78. The six-story building next door to that carries about 50,600 across 51. On a gross basis this building averages roughly 2,080 square feet per apartment; its neighbors average between 990 and 1,180. Whatever else is true about the parkway, the largest apartments on it are here.
That is a consequence of the building's shape rather than an accident of its programming. It is twelve stories on a lot of under 12,000 square feet, with a hundred feet of parkway frontage and a footprint about a hundred by a hundred and four. Only one other building on the blockfront rises above seven stories. Everything else on the parkway is a six-story elevator house of the type the 1920s building code encouraged — fireproof only through the second floor, walkable in a pinch, and cheap to finance. This one went up in 1926 on a different premise: fewer, larger apartments stacked twelve high, with the floor area that implies. Its bulk today is roughly 10.58 FAR against the 6.02 the R8X district would allow, which is another way of saying the building predates the rules that would prevent it.
The conversion file has a feature that separates this cooperative from most of its neighbors and that will follow a buyer through diligence. Two of the building's units were professional offices, and at conversion the sponsor did not sell them. The apartment corporation kept title, issued no shares against them, and offered long-term professional leases instead — leases whose holders have no vote and no shareholder rights. The plan reserved 8,337 authorized-but-unissued shares to be allocated only if those units were ever converted to residential apartments. That structure has three live consequences: professional-lease income sits in the corporation's budget alongside maintenance; the share base is smaller than the unit count implies; and there is a latent path by which the corporation could someday enlarge that base. Ask the board where all three stand today.
The transfer language is the other thing worth reading closely, because it runs the opposite way from what buyers in this corridor often assume. Some 1980s Brooklyn plans state expressly that board approval may be unreasonably refused. This one does not. The plan as filed gives a shareholder the right to sell or sublet subject to board approval which may not be unreasonably withheld, with an alternative route through shareholders holding at least 51 percent of the outstanding shares. Four decades of board practice may have layered term limits, fees and waiting periods on top of that; the underlying document is nonetheless unusually shareholder-friendly, and it is worth knowing which document controls before you write an offer.
Finally, the tax posture. Copley Plaza Company bought the building on March 1, 1979 at a basis of $768,000, and transferred it to the apartment corporation in a Section 351 tax-free exchange rather than a sale. The corporation therefore holds the sponsor's basis, not a stepped-up one. The plan flags this in its own special-risks section: if the corporation ever sells the property, voluntarily or otherwise, the capital gain would be computed off that low basis. Nothing about it affects a routine apartment purchase. It matters if you are ever asked to vote on a transaction involving the building itself.
Architecture and unit composition
Twelve stories of masonry with a hundred feet of parkway frontage, about 124,800 square feet of residential area and roughly 500 square feet of non-residential space on the tax roll. The plan's share schedule allocated 1,663 shares in blocks across the offered apartments, with the allocation set by size, location, amenities and desirability — the standard formula, but applied to a stock whose apartments are unusually large to begin with. At $3,000 a share to outside purchasers, the 1983 offering priced the whole building at just under $5 million.
The apartment plans are 1920s middle-class Brooklyn at generous scale: entry galleries, defined rooms, separated sleeping and living zones. Four decades of shareholder ownership have produced combinations, reconfigurations and a wide range of renovation states, so the 1983 share allocation is an imperfect guide to what any given apartment is today. The building's height means the upper floors clear the parkway's tree canopy and open toward Grand Army Plaza and the park; the lower floors sit inside it. That difference is priced, and it should be seen in person rather than inferred from a floor number.
Because the property is outside the Prospect Heights Historic District, interior and exterior work here are governed the same way: board approval and Department of Buildings permits, with no Landmarks review layer. On a twelve-story masonry building facing a scenic landmark, that is a meaningful simplification of any window or façade project.
Building operations
At conversion the building ran on union labor — the plan records two full-time and one part-time employee housed on site rent-free with utilities provided, under a contract that expired in April 1984 — with a leased laundry concession paying the corporation a 40 percent commission, and mortgage indebtedness of roughly $638,000 assumed by the apartment corporation. Those are 1983 numbers and none of them describes the building today. The cooperative's current Department of Housing Preservation and Development registration names FirstService Residential as managing agent.
The capital items that matter in a twelve-story 1926 building are the elevators, the roof and parapet, the heating plant and risers, and the Local Law 11 façade cycle — the last of which is the expensive one at this height, and which has now run through many cycles since 1926. The Department of Finance records an alteration in 2016; ask what it covered. Request three years of financial statements, the reserve balance, the assessment history, the last two façade filings, and the terms of the underlying mortgage.
One line item is specific to this building: the professional-lease income. Find out what the two leases produce, when they expire, and whether the board has ever considered converting either unit to residential use and issuing shares against it. That question sits at the intersection of the budget, the share base and the corporation's tax position, and it is not one a managing agent will volunteer.
Policy framework
Transfers and subletting: The plan as filed permits a shareholder to sell or sublet with board approval that may not be unreasonably withheld, or with the consent of shareholders holding at least 51 percent of outstanding shares. Current board practice — waiting periods, term limits, fees — is a separate question and should be obtained in writing.
Professional units: Two units are held by the corporation under long-term leases with no shares allocated. They are not part of the sellable inventory as filed.
Escape clause: The proprietary lease carries the customary provision allowing a shareholder to surrender the apartment and shares without compensation, effective on a date following the third anniversary of consummation, on stated conditions. It is a period feature and rarely used; know that it exists.
Flip tax or transfer fee: Not documented in the plan reviewed. A cooperative of this vintage may well have adopted one by amendment. Ask the board directly.
Pets, pied-à-terre, washer-dryer, financing minimums, move-in fees: Not documented. Confirm against the current house rules and purchase application.
Landmarks: None applicable. Exterior alterations proceed through the Department of Buildings.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $0 (under cap)
- Per unit / month range
- —
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 →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Recent sales
Recent transfers 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 |
|---|---|---|---|---|---|
| Jun 5, 2026 | 10C | 1 BR · 1 BA | $1,075,000 | +13.2% | |
| Jan 23, 2025 | 11E | 2 BR · 2 BA | $1,695,000 | +2.7% | |
| Nov 22, 2024 | 8B | 4 BR · 2.5 BA | $2,325,000 | +16.3% | |
| Nov 7, 2024 | 1D | 3 BR · 2 BA · 1,692 sf | $1,550,000 | $916/sf | -6.1% |
| Sep 19, 2024 | 3A | 3 BR · 2 BA · 1,989 sf | $2,050,000 | $1,031/sf | -6.8% |
| Jul 22, 2024 | 11D | 3 BR · 2.5 BA | $1,629,200 | +1.8% | |
| Jun 20, 2024 | 12D | 3 BR · 2 BA | $1,580,000 | -1.3% | |
| May 8, 2024 | 1BC | 3 BR · 2.5 BA | $1,800,000 | -5.3% |
Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $918/sf across 2 sales. The building has traded as recently as 2026. Median listing discount 0.4% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
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 |
|---|---|---|
| May 31, 2017 | 10C | $772,513 |
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 3-01179-0096) 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 on co-ops is not officially recorded, figures shown are approximate.
What to know if you’re buying
Verify the apartment's shares against the corporate records. The 1983 plan says 53 apartments in one place and 58 in another, and the tax roll says 60 residential units. That is a paperwork question with a real answer in the share ledger, and it belongs to your attorney early.
Ask about the two professional units. They are owned by the corporation, carry no shares, and produce lease income. Their terms, expirations and any conversion plan affect the budget and the share base.
Read the transfer language, then ask what the board actually does. The plan's standard is that approval may not be unreasonably withheld. Board practice in 2026 is a separate document.
Price the height. Twelve stories on a parkway lined with six-story buildings means the upper floors have an outlook the neighbors cannot match, and the lower floors do not. Visit the actual apartment.
Get the underlying mortgage and the façade file. A twelve-story 1926 masonry envelope is the most expensive thing this corporation owns. Balance, rate and maturity on the debt; the last two Local Law 11 filings on the building.
What to know if you’re selling
Lead with the square footage, because the numbers support it. Roughly 2,080 gross square feet per apartment on the Department of Finance rolls, against 990 to 1,180 for the six-story buildings along the same parkway. Very few brownstone-belt cooperatives can make that claim from public data.
Name the height. This and the cooperative at 135 Eastern Parkway are the only buildings above seven stories on the blockfront. Upper-floor listings should say so.
Explain the no-Landmarks position accurately. Eastern Parkway is a scenic landmark; the buildings along it are not regulated by that designation, and the 2009 historic district stops at the parkway. Window replacement and façade work here do not go through the Landmarks Preservation Commission. Buyers coming from the district blocks price that difference once it is explained.
Assemble the board package before the first offer. Financials, reserve balance, assessment history, house rules, sublet policy, flip tax, professional-lease status and the alteration approvals for any work done to the unit.
Comparable buildings
If you're considering 41 Eastern Parkway, also evaluate:
- 135 Eastern Parkway (Turner Towers) — the other tall building on the blockfront and the neighborhood's largest prewar cooperative; the closest direct peer
- 125 Eastern Parkway (The Theodore Roosevelt) — 1923 six-story co-op on the same block; the low-rise comparison
- 175 Eastern Parkway — 1920s parkway co-op at the Brooklyn Museum end, with an unusually wide apartment range
- 50 Plaza Street East — the other twelve-story prewar cooperative in the immediate area, on the plaza rim
- 34 Plaza Street East — the large postwar cooperative on the plaza arc
- 20 Plaza Street East — 1940 six-story co-op holding the curve of Grand Army Plaza
- 230 Park Place — the Art Deco elevator co-op inside the Prospect Heights Historic District; the landmarked comparison
- 225 Park Place — Colonial Revival elevator co-op inside the district line
- 39 Plaza Street West — the Rosario Candela cooperative on the western arc of the plaza
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 The Copley Plaza. The Historic Districts Council's Prospect Heights survey lists the 1926 building under that name; the 1983 offering plan gives no common name, and the sponsor of the conversion operated as Copley Plaza Company?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.