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Cooperative · 1844
44 Remsen Street
44 Remsen Street, Brooklyn, NY 11201
Buildings·Cooperative

44 Remsen Street

44 Remsen Street, Brooklyn, NY 11201

Brooklyn Heights, Brooklyn

BBL 3002510028 · BIN 3002127

At a glance
Year built
1844
Type
Cooperative
Units
10
Floors
4
Landmark
Designated
Board & building profile
Flip tax
Declining scale keyed to holding period: 3.0% if sold under 2 years, 2.5% under 3 years, 2.0% under 4 years, 1.5% under 5 years, none after 5 years
Financing
20% minimum down payment
Subletting
Permitted with board approval on a one-year lease; $500 application fee (renters and buyers); $50 per month sublet charge; all sublet charges must be current before a resale application is reviewed
Pets
All pets must be approved by the co-op board of directors (purchase application)

Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated April 2013 (fees/flip tax/down payment); February 1, 2006 (board package and fees)). Reported and subject to confirmation. Board policies can change by amendment — confirm at the offer stage.

The Data Room

Every recorded sale at this building, 2003–2025

Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.

1BR median
$610K
Recent range
$610K – $610K
Listing discount
0.0%
Recorded transfers
19
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at 44 Remsen Street 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.

44 Remsen Street is an 1844 Greek Revival house — one of the oldest buildings on the street and among the older residential structures in the Brooklyn Heights Historic District. Its LPC record names Augustus Moore as the developer, placing it in the same 1844 building season that produced 58 Remsen Street a few doors west under a different builder. That is the founding generation of Remsen Street: low, wide, plainly detailed Greek Revival houses put up while Brooklyn Heights was still becoming the country's first commuter suburb, before the Italianate rows of the 1850s and 1860s filled in around them and long before the interwar apartment houses arrived at the corners.

What makes the building worth understanding today is not the ornament — Greek Revival is the district's least demonstrative style — but the way it is governed. The house holds ten apartments across four floors on 1,604 shares, and 44 Remsen Street Owners Corp. runs it with an unusually specific rulebook for its size. The centerpiece is the flip tax, and it is not a flat percentage. It steps down with holding period: 3.0 percent on a resale inside two years, 2.5 percent inside three, 2.0 percent inside four, 1.5 percent inside five, and nothing at all after five. Most Brooklyn co-ops that charge a transfer fee charge the same fee whether the seller held for eighteen months or eighteen years. This corporation taxes speed and forgives patience.

The rest of the policy set is consistent. Twenty percent down. Subletting permitted, but only on a one-year lease, with board approval, a $500 fee, and a $50 monthly charge running the term — and unpaid sublet charges must be cleared before the board will look at a resale application. Pets require board approval. Alterations require an alteration agreement. Non-family occupants may not stay more than a month without written consent. It reads as a building that decided on purpose to be a house of long-term owner-occupants and to make the alternatives expensive rather than prohibit them.

Architecture and unit composition

The Greek Revival houses of the Heights are recognizable by restraint. The style, dominant here through the 1830s and 1840s, gives a four-story front with a raised stoop, plain rectangular stone lintels and sills, a low top story, a simple cornice, and an entrance framed with flat pilasters and an entablature — the American classical vocabulary applied to a narrow city lot. The LPC's district records classify 44 Remsen in exactly that register, and protection extends to the whole street wall: façade, stoop, ironwork, cornice, and windows all require Landmarks approval before change.

Inside, the ten apartments are the product of subdividing a single-family house, which means plan variety rather than plan repetition. There are no lines here in the apartment-house sense: a garden-level apartment, a parlor floor with the original ceiling heights, and upper-floor units under the low ceilings of the top story are three different products. Rear apartments look over the block interior, front apartments over Remsen Street's street trees. Evaluate the specific apartment; the building average tells you very little.

Building operations

44 Remsen Street Owners Corp. operates the building through Adventure Properties, Inc., a management firm on Clark Street, under a written board-approval package and fee schedule in place at least since February 2006. The process is conventional for a small co-op and unusually well documented for one: an application per purchaser, contract, credit release, net-worth statement, two personal and two business references, current tax returns, three months of bank statements, and — where financing — the commitment letter and a lender recognition agreement executed by the board president at closing. An interview may be requested; closings are held at the co-op attorney's office.

For an 1844 masonry house in a landmarked streetscape, the recurring capital obligations are the façade and stoop, the cornice, the roof, and the window sash, each of which runs through the LPC. There is no elevator and no staff, and the scale is small: the corporation's 2009 statements show maintenance income of about $84,000 against roughly $106,000 of total expense including depreciation, real estate taxes near $29,600, and a mortgage balance around $303,700. One major project moves everyone's maintenance and there is no payroll to cut. The financial statements in The Roebling Research Library run from the mid-1990s forward and are short — read the full run, not one year.

Policy framework

Flip tax: 3.0 percent under two years' ownership, 2.5 percent under three, 2.0 percent under four, 1.5 percent under five, none thereafter (April 2013 schedule). Confirm the current schedule and the base on which it is calculated before pricing a sale.

Financing: 20 percent minimum down payment (April 2013). Confirm the board's current requirement.

Subletting: Board approval required; one-year lease; $500 application fee for renters as well as buyers; $50 per month sublet charge. All sublet charges must be current before a resale package is reviewed.

Pets: All pets must be approved by the board of directors.

Occupancy and alterations: Without prior written board consent, a shareholder may not pledge the shares, alter the unit, sublease, permit non-family members to reside in the apartment for more than one month, or use the apartment for other than residential purposes. Cooperative-form homeowner's insurance covering the premises and all improvements is required.

Local Law 97

Compliance status
Not subject to Local Law 97

This building is below the 25,000 sq ft threshold at which LL97 emissions caps apply. No regulatory capital pressure from this law specifically, current or 2030.

See full Local Law 97 analysis →

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.

DateUnitApartmentPricePPSFvs. Ask
Sep 18, 20253
1 BA
$600,000+2.6%
Sep 13, 20248
1 BR · 1 BA
$610,000-2.4%
Jul 12, 20235
1 BR · 1 BA
$610,000+1.8%
Mar 15, 20214
2 BR · 2 BA
$1,650,000-12.9%
Jul 2, 20195
1 BR · 1 BA
$625,000+13.8%
Feb 1, 201910
1 BR · 1 BA · 500 sf
$583,000$1,166/sf+14.3%
Dec 7, 201612
3 BR
$1,190,000+0.0%
Dec 9, 20139
1 BR
$525,000+0.0%

Market read. $/sf is measured on the latest sales with reliable square footage (2019): a median $1,166/sf across 1 sale. The building has traded as recently as 2025. 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.

8+88%
$325,000 2009$610,000 2024
10 · 500 sf+64%
$355,000 ($710/sf) 2012$583,000 ($1,166/sf) 2019
9+32%
$399,000 ($665/sf) 2005$425,000 ($708/sf) 2006$525,000 2013
4+14%
$1,450,000 2013$1,650,000 2021
5-2%
$625,000 2019$610,000 2023
View all 19 recorded transfers, sortable

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 3-00251-0028) 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

Model the flip tax as an exit cost from day one. A sale inside two years carries 3.0 percent; after five years it carries nothing. If your horizon is short, that alone can decide the building.

Twenty percent down is the documented floor. Confirm the board's current requirement early — small boards revisit financing standards more often than large ones.

Read the full financial run. Ten apartments and no staff means one façade or roof cycle is felt by every shareholder. Ask about assessment history and reserves specifically.

Get the prospectus. The offering plan is not in general circulation here; management provides a copy for a fee, and your attorney should read it before contract.

What to know if you’re selling

Date the flip tax in your net sheet. Your closing date relative to your purchase date can move the fee by two and a half points of the sale price. Time it deliberately.

Clear the ledger first. Maintenance, assessments, late fees, and sublet charges must be paid in full before the board will review a purchaser's application. Nothing delays a small-co-op closing faster.

Sell the date. An 1844 Greek Revival house with an LPC-recorded builder is a real differentiator in a market where most conversion co-ops are anonymous. Put Augustus Moore and 1844 in the first paragraph.

Prepare a complete package. The board's checklist is specific and incomplete packages are returned.

Comparable buildings

If you're considering 44 Remsen Street, also evaluate:

Preparing a board package for this building?

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 44 Remsen Street?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com