41 Grace Court
41 Grace Court, Brooklyn, NY 11201
Brooklyn Heights, Brooklyn
BBL 3002510043 · BIN 3002134
- Year built
- 1960
- Type
- Cooperative
- Units
- 33
- Floors
- 6
- Landmark
- Designated
Grace Court's apartment layer has three buildings and three eras. 1 Grace Court and 19 Grace Court are mid-1920s brick houses that took the Hicks Street end of the block as the Heights' mansion era ended. 2 Grace Court is the street's large prewar co-op. 41 Grace Court is the fourth chapter and the outlier: a 1960s elevator building, by a postwar commercial architecture firm, that exists because the Heights was not yet landmarked when it was built.
The site is the point. Ten of the row houses on Remsen Street own street-facing back gardens that open onto Grace Court — an arrangement that has given the cul-de-sac its greenery for more than 170 years and is one of the reasons the block reads the way it does. Three of those garden lots were assembled and built on, over neighborhood opposition and a lawsuit, and the result is the apartment house at 41–45 Grace Court. Five years later the Landmarks Preservation Commission designated the Brooklyn Heights Historic District, and the remaining gardens came under protection. The pressure never went away: as recently as 2024 the Commission rejected a proposed townhouse on a subdivided garden lot next door at 39 Grace Court, with commissioners criticizing the design as out of character and proportion for the street. Anyone buying at 41 Grace Court should understand that the vacant green frontage beside the building is privately owned, is under active development interest, and is protected only by Landmarks review rather than by zoning or covenant.
The architect attribution rewards a second look. Wechsler & Schimenti was a production practice — a firm that built apartment houses at volume in the postwar decades and went on to co-author large Manhattan commissions in the 1980s. Inside a historic district assembled almost entirely from Greek Revival, Italianate, and 1920s prewar fabric, an attribution to a mid-century commercial firm is genuinely unusual, and the LPC's own records reflect the awkwardness by recording the material as brick and declining to assign a style at all.
The cooperative chapter is late and short. Grace Court Associates took title in November 1984, at the height of the Heights conversion wave, and closed the co-op conversion on June 19, 1987, taking back a $450,000 purchase-money mortgage from Grace Court Owners Corp. The corporation has refinanced sparingly since — Independence Savings Bank in 1991, J.P. Morgan Investment Management in 1998, and a $350,000 facility with Dime Community Bank in November 2018 — which is a light debt profile by Heights standards and the kind of fact that carries real weight in a lender's file.
Architecture and unit composition
The building is six stories of brick set back on the south side of the cul-de-sac, scaled below the neighboring row houses' cornice conversation but plainly of another decade. Mid-century apartment planning governs the interiors: efficient rectangular rooms, lower ceilings than the district's prewar stock, casement or double-hung glazing in metal-framed openings, and closet and kitchen layouts drawn to 1960 rather than 1925 assumptions. For buyers moving between Heights buildings, that is the real trade — 41 Grace Court gives up prewar proportion and detail and gets back a simpler, more efficient plan, a newer building envelope, and a lower maintenance load than the staffed prewar tier.
City records carry 33 residential units across the six floors. Line-by-line layouts, share allocations, and combination history are maintained in The Roebling Research Library and shared with clients during diligence. The building's scarcest attribute is the same one the whole street trades on: south and west exposures over garden lots and low row-house rooflines, with no through traffic in front.
Building operations
Grace Court Owners Corp. runs the building on the district's mid-century model — elevator, superintendent service, no doorman — and the underlying debt profile suggests a corporation that has funded capital work from maintenance and reserves rather than from serial refinancing. Prospective purchasers should review the current audited financial statements, the reserve position, any assessment history, and the Local Law 11 façade cycle. Because the building sits inside the Brooklyn Heights Historic District, exterior work — windows included — runs through Landmarks review, which for a 1960 building means the Commission is reviewing replacement of mid-century assemblies rather than restoration of historic ones, a process worth understanding before planning any alteration.
Management is not documented in the public record; confirm the current managing agent during diligence.
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 |
|---|---|---|
| Aug 28, 2023 | 6C | $876,000 |
| Jul 31, 2023 | 1B | $855,000 |
| Sep 1, 2021 | 6C | $775,000 |
| Jun 25, 2021 | 2E | $520,000 |
| Apr 1, 2020 | #5E | $506,000 |
| Jul 16, 2019 | 5B | $850,000 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-00251-0043) 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
You are buying the street more than the building. A dead-end block with Richard Upjohn's Grace Church at one end, a harbor overlook at the other, and no through traffic is not reproducible; the mid-century interior is the price of admission to it.
Understand the garden lots next door. The open green frontage beside the building is privately owned, has been the subject of repeated development applications, and is protected by Landmarks review rather than by any permanent restriction. Ask what is currently pending before the Commission.
Confirm every policy in writing. Pets, subletting, pied-à-terre use, financing minimums, and any flip tax are not documented in the public record for this corporation. All five should come from the board or managing agent at offer stage rather than from assumption.
Landmarks jurisdiction still applies. A 1960 building inside a 1965 district is fully subject to LPC review for exterior work, including window replacement. Budget the process, not just the product.
Ask about reserves and the façade cycle. With 33 units, each shareholder carries a meaningful slice of any capital project. The light underlying mortgage is encouraging; the reserve balance and the LL11 status are what confirm it.
What to know if you’re selling
Lead with Grace Court. The cul-de-sac, Grace Church, the garden frontage, and the walk to the Promenade are the differentiators. Interior finish ranks second to address on this block.
Name the architect. Most Heights postwar buildings go unattributed. A documented Wechsler & Schimenti commission inside the city's first historic district is a listing line no competing postwar co-op in the neighborhood can copy.
Price against the district's postwar tier, not its prewar tier. The right comparables are the Heights' mid-century elevator co-ops. Buyers cross-shopping prewar rooms will misread the value on plan alone.
Have the financials ready. A small corporation with modest underlying debt is an easy story to tell, and it moves faster with a buyer's lender when the statements are in the deal room from day one.
Comparable buildings
If you're considering 41 Grace Court, also evaluate:
- 19 Grace Court — Sugarman & Berger's 1925 co-op directly across the cul-de-sac; the prewar alternative on the same street
- 1 Grace Court — the boutique 1920s co-op at the Hicks Street corner, on the Prentice mansion site
- 2 Grace Court — the street's large prewar co-op; more units and a deeper amenity bench
- 60 Remsen Street — the 1955 co-op one block north; the closest like-for-like postwar comparison in the southern Heights
- 70 Clark Street — 1947–48 co-op of similar unit count; the district's earlier postwar generation
- 45 Pineapple Street (Hamilton House) — the north Heights' full-service alternative at a comparable price tier
- 8 Remsen Street — the boutique co-op on the same tax block, converted in 1974
- 76 Remsen Street — 23-unit prewar co-op on a comparably quiet block
- 2 Montague Terrace — boutique prewar co-op on the Heights' other quiet enclave
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.
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