418 St Johns Place
418 St Johns Place, Brooklyn, NY 11238
BBL 3011760036 · BIN 3029525
- Year built
- 1924
- Type
- Cooperative
- Units
- 36
- Floors
- 6
- Landmark
- No
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 418 St Johns 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.
418 St Johns Place is one of a matched pair of 1924 six-story elevator buildings in the middle of the St Johns Place block between Underhill and Washington Avenues. Its twin, 408 St Johns Place, stands next door on Lot 32, and the two share a rear courtyard. From the street they read as one development. On paper they are two separate cooperatives. A buyer comparing the two should treat them as neighbors, not as one building, because boards, finances and policies can differ.
The ownership record is simple until 1989. The building changed hands several times after the 1960s. 418 St. Johns Associates acquired it in 1986 and deeded it to 418 St. Johns Place Owners Corp. in November 1989. That was late in the 1980s Brooklyn conversion wave.
The sponsor stayed in the building for a long time. Under a non-eviction conversion, a sponsor keeps the apartments of tenants who don't buy and sells them as they turn over. ACRIS records sponsor-entity share sales here from 2004 through at least February 2020. That is more than thirty years after conversion. An active sponsor this long after conversion is the main underwriting question at this address. How many shares the sponsor still holds, whether they are leased, and what votes they carry on the board all affect lender approval and resale. The managing agent can answer all three.
The lot is outside the Prospect Heights Historic District, which is easy to get wrong. The district's 2009 boundary takes in parts of neighboring blocks, including the Underhill Avenue row on the block just northwest, but it does not reach Block 1176. Façade, window and roof work here goes through DOB, not LPC.
Architecture and unit composition
This is a six-story brick elevator house on an 87.5-foot frontage, 82 feet deep, with the rear yard given to the shared courtyard. Unit lines in ACRIS run A through F on each floor. That fits the layout listing records describe: six apartments on each upper floor and five on the ground floor. Listing records describe prewar interiors with high ceilings and hardwood floors, and a mix of one- and two-bedroom apartments with some larger units.
The unit count is 36 per DOF, 35 per DOB filings since 2015, and 35 per listing records. DOB filings from 2011 to 2013 carried 36, so the gap may reflect a combination recorded with DOB but not with DOF. Reconcile it against the share ledger.
Recent DOB filings show steady apartment-level renovation, including several jobs splitting one bathroom into two. One 2025 filing is for a non-combustible roof deck to create an accessory roof terrace. Listing records don't describe a common roof deck, so ask whether it is built and who may use it.
The sister building at 408 St Johns Place (Block 1176, Lot 32; 1924; 36 units per DOF) has no Roebling profile. It is the closest comparable in physical terms.
Building operations
Listing records describe a live-in superintendent and a voice intercom, with no doorman. DOB and DOB NOW filings show recent capital work:
- 2015: Boiler and oil burner replacement, and a chimney liner.
- 2021: North-façade repointing and repair, with a sidewalk shed.
- 2024: Demolition and rebuilding of the front and north parapets.
- December 2025: A mechanical filing for variable-refrigerant-flow (VRF) heat-pump systems. VRF is an electric heating-and-cooling system. The filing doesn't make clear whether the work is building-wide or limited to certain apartments. Ask, because it bears on the building's future energy costs and heating plant.
ACRIS shows the corporation refinancing its underlying mortgage (the building-wide loan the co-op carries) in 2003, 2010, 2013 and August 2022. The most recent loan is with a cooperative lender. Recorded amounts have been modest for a building of this size. Recorded figures can reflect only new money on a consolidated loan, though, so request the current balance, rate and maturity.
Policy framework
- Pets: Permitted case by case, per listing records.
- Subletting: Permitted after two years of occupancy, per listing records.
- Pied-à-terre and co-purchasing: Both listed as allowed in listing records dated June 2021. Parents buying for children are also listed as allowed. Policies change, so confirm current terms.
- Financing: 20 percent minimum down, per listing records.
- Flip tax, trust/LLC purchases, guarantors: Not documented. They must come from the managing agent.
- Landmarks: None applies.
Recent sales
418 St Johns Place trades in the Prospect Heights prewar co-op market. Co-ops there are priced per room, and six-story elevator buildings between Underhill and Washington compete with the Eastern Parkway co-ops one block south and the Plaza Street East buildings at Grand Army Plaza. ACRIS shows resale activity spread across the building's lines, alongside sponsor sales that ran to 2020. Within the building, price depends mainly on floor, whether the unit faces the street or the courtyard, room count and renovation quality. Through 2025, well-renovated upper-floor two-bedrooms set the top of the building's range. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
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 |
|---|---|---|
| May 19, 2026 | 2F | $562,800 |
| Feb 3, 2026 | 6A | $1,501,918.75 |
| Sep 9, 2025 | 3A | $1,675,418 |
| Apr 29, 2025 | 5A | $1,411,000 |
| Sep 11, 2024 | 6C | $995,000 |
| Jun 13, 2024 | 4B | $738,500 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-01176-0036) 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.
At the recent median sale of $1.5M (4 transfers since 2024), a buyer putting 25% down would pay about $29,201 to close, or 1.9% of the price.
- Mansion tax: $15,019
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $14,182
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
Ask about the sponsor's position first. The sponsor was still selling shares in 2020. Ask how many shares it holds, whether its apartments are leased, whether it is current on maintenance, and how many board seats it controls. Lenders ask the same questions, and a large sponsor block can limit financing.
Reconcile the unit count. DOF says 36 and DOB and listing records say 35. Get the share allocation for your specific apartment from the corporation.
Get the mechanical plan in writing. The 2015 boiler and the 2025 VRF filing point in different directions. Find out which system heats the building now, what is planned, and whether an assessment is attached to it.
Treat the policies as reported, not confirmed. Pets, sublets, pied-à-terre and financing terms here come from listing records, not a plan or house rules on file. Confirm each in the purchase application, along with any flip tax and any limits on trust or LLC purchases.
Expect a standard board package and interview. Plan for full financial disclosure. This is a 35-to-36-unit corporation, so the board will look closely at each buyer.
What to know if you’re selling
Sell the pair and the courtyard. The matched 1924 buildings around a shared garden are what set this block apart. Photograph the courtyard.
Put the building-level answers in the package. A buyer's lender will ask about the sponsor's holdings and the recent capital work. Supplying the answers early shortens the underwriting period.
Price against six-story elevator peers. The right comparables are prewar elevator co-ops of similar scale nearby, not the neighborhood's towers or new condominiums.
Comparable buildings
If you're considering 418 St Johns Place, also evaluate:
- 375 Lincoln Place: the four-story 1921 co-op on the same tax block, backing onto the Lincoln Place side. Gut-renovated for its 1988 conversion
- 125 Eastern Parkway (The Theodore Roosevelt): a 1923 six-story co-op one block south, between the same two avenues
- 175 Eastern Parkway: a 1922 six-story parkway co-op at the Washington Avenue end
- 295 St Johns Place (The Mews at Grand Army Plaza): a 1923 six-story courtyard co-op on the next St Johns Place block toward the plaza
- 230 Park Place: an Art Deco elevator co-op inside the historic district. The comparison for buyers who want the landmarked blocks
- 225 Park Place: a 1940 Colonial Revival elevator co-op in the district
- 50 Plaza Street East: a 1925 prewar co-op on the Grand Army Plaza arc
- 44 Butler Place (Butler Plaza): the 1925 condominium alternative nearby, for buyers weighing tenure
More Prospect Heights buildings
- 375 Lincoln Place — 1921 co-op
- 408 St Johns Place — 1924 co-op
- 41 Eastern Parkway — 1926 co-op
- 50 Plaza Street East — 1925 co-op
- 550 Vanderbilt Avenue — 2015 condominium
- 618 Dean Street (The Merchant House), 618 and 626 Dean Street — 2000 condop
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 418 St Johns Place?
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