The Abraham Lincoln (61 Eastern Parkway)
61 Eastern Parkway, Brooklyn, NY 11238
Prospect Heights, Brooklyn
BBL 3011790085 · BIN 3029634
- Year built
- 1930
- Type
- Cooperative
- Floors
- 6
- Flip tax
- Not documented in the files reviewed. Confirm with the managing agent
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Subletting by shareholders
- Permitted with conditions
- Dogs and cats
- Permitted with conditions
- Maximum financing
- 80% of the purchase price
- Doorman
- Full-time doorman
Every recorded sale at this building, 2004–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median, 2024–2026
- $660K
- 3 qualifying sales
- Recent range
- $630K – $1.7M
- Listing discount
- -2.4%
- Recorded transfers
- 55
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Eastern Parkway between Grand Army Plaza and Washington Avenue is a blockfront of several six-story prewar elevator buildings, alongside taller neighbors including Turner Towers, facing Olmsted and Vaux's parkway. At 1930, 61 Eastern Parkway is one of the later arrivals on a blockfront that mostly went up in the early and mid-1920s. With 40 apartments it is among the smaller co-ops on the row.
The conversion followed the pattern of the early-1980s Brooklyn co-op wave. 61 Eastern Parkway Associates bought the building in 1981 and filed a non-eviction plan in August 1983. Under a non-eviction plan, tenants who do not buy keep their apartments as renters. At filing, 26 of the 40 apartments for sale were rent-stabilized, six were rent-controlled and four were vacant. The plan offered 2,374 shares and closed in June 1984, with the sponsor taking back a $350,000 wraparound mortgage. The sponsor's principals held unsold shares in many other Brooklyn conversions, including 230 Park Place, 225 Park Place, 277 Washington Avenue, 360 Clinton Avenue and 72 Orange Street, per Amendment 34.
A non-eviction plan leaves a long sponsor tail, and this building still shows it. The latest amendment on file, from 2013, reports that 61 Eastern Parkway LLC held 432 unsold shares in seven apartments, about 18 percent of the corporation, all rented to tenants. ACRIS shows the LLC selling four of those apartments between 2013 and 2019. As many as three may remain with the holder of unsold shares, and that position is not confirmed by a current amendment. The same amendment reported that shareholders unrelated to the sponsor controlled the board.
Architecture and unit composition
The building is 100 feet wide on the parkway and 107 feet deep, on a lot 127 feet deep. Listing records describe a marble 1930s lobby and a garden reached through the lobby. A 2021 DOB filing covers repairs to the garden's masonry retaining wall and the front steps.
Schedule A of the plan shows seven apartments on a typical floor, from three-room, one-bath lines up to seven-room, two-bath lines, with one eight-room apartment. The 1983 room counts put the larger lines at six and seven rooms with two baths. For a parkway building of this size, that is a high share of family-sized apartments. DOB filings show steady apartment renovation, mostly kitchens and baths, and the 2008 combination of 6A and 6B.
The ground floor has changed use. At conversion, several first-floor apartments were being used as professional offices even though the certificate of occupancy designated them residential, and the plan warned purchasers about it. A 2011 application to turn the first-floor medical offices into two apartments was disapproved. A 2016 application to convert them into one apartment was approved, and the amended certificate of occupancy was issued in 2019.
Building operations
Underlying mortgage. In December 2021 the corporation recorded a $1.75 million first mortgage and a $500,000 credit line with National Cooperative Bank, replacing loans held by New York Community Bank since 2013. The rate and maturity are not in the documents on file. Ask for them, and ask how much of the line has been drawn.
Façade. Local Law 11, the city's Façade Inspection Safety Program, requires periodic inspections of taller buildings. Reports use three ratings: safe; "safe with a repair and maintenance program" (SWARMP), meaning conditions to fix by the completion date the engineer sets in the report, one to five years out; and unsafe. The Cycle 9 initial report, filed October 2022, rated the building SWARMP. DOB NOW shows a façade repair permit and sidewalk shed in 2023 and outriggers for façade work that December. A subsequent report filed November 2024 rated the building safe, which closed out the cycle's repairs.
Heating plant. In 2000 the building replaced a 3,000-gallon fuel-oil tank with a 2,000-gallon aboveground tank. In 2023 it installed a new chimney liner and extension, work that often goes with a boiler or fuel change. Confirm the current fuel and the age of the boiler.
J-51 history. J-51 is a city tax benefit for rehabilitation, credited as an abatement of part of the certified cost against taxes. DOF records three grants on this lot, none active:
- 1982: A 90 percent abatement on $53,300 of certified cost. Credits ended in the 1992 tax year.
- 1986: A 90 percent abatement on $33,000 of certified cost. Credits ended in the 1996 tax year.
- 2013 benefit start: A 90 percent abatement on $37,060 of certified cost, credited at about $3,088 a year. The final credit was applied in the 2024 tax year.
Primary-residence shareholders receive the city's co-op/condo abatement.
Policy framework
- Sales: Board consent and a board interview are required. The purchase application asks for a notarized net-worth statement, two years of tax returns, a lender commitment letter and a recognition agreement.
- Financing: The application form assumes 20 percent down. Confirm whether the board will go lower.
- Subletting: Board consent is required. Sublet fees are charged. Under the plan, apartments held by the holder of unsold shares may be sublet without board consent.
- Pets: Written board approval is required before any pet moves in.
- Alterations: Written board approval is required before work starts.
- Flip tax, pied-à-terre, guarantors, trust/LLC purchases: Not documented. Confirm with the managing agent.
Application and transaction fees
Fees below are from building management's published schedule, as of September 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Credit Check FeePer applicantRequired | Paid by Buyer | When With the application | Amount $75 per person | Refundable Non-refundable |
| Move-In FeeConditional | Paid by Buyer | When With the application | Amount $1,000.00 (if applicable) | Refundable Non-refundable |
| Processing FeeConditional | Paid by Buyer | When With the application | Amount $600 (if applicable) | Refundable Non-refundable |
| Move-Out FeeConditional | Paid by Shareholder | When With the application | Amount $1,000.00 (if applicable) | Refundable Non-refundable |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-In DepositConditional | Paid by Buyer | When With the application | Amount 500.00 (if applicable) | Refundable Refundable |
| Move-Out DepositConditional | Paid by Shareholder | When With the application | Amount 500.00 (if applicable) | Refundable Refundable |
Sublet
7 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-Out FeeConditional | Paid by Shareholder | When With the application | Amount $1,000.00 (If applicable) | Refundable Non-refundable |
| Credit Check FeePer applicantRequired | Paid by Subtenant | When With the application | Amount $75.00 per person | Refundable Non-refundable |
| Move-In FeeConditional | Paid by Subtenant | When With the application | Amount $1,000.00 (if applicable) | Refundable Non-refundable |
| Processing FeeConditional | Paid by Subtenant | When With the application | Amount 250.00 (if applicable) | Refundable Non-refundable |
| Monthly Sublet Fee-billed to shareholder's monthly maintenance billRecurring | Paid by Shareholder | When Upon approval | Amount 35% of the monthly maintenance | Refundable Not stated |
Deposits
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Move-Out DepositConditional | Paid by Shareholder | When With the application | Amount 500.00 (If applicable) | Refundable Refundable |
| Move-In DepositConditional | Paid by Subtenant | When With the application | Amount 500.00 (if applicable) | Refundable Refundable |
Refinance
1 item
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing Fee | Paid by Shareholder | When With the application | Amount $400 | Refundable Non-refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 80% of the purchase priceSource: building management's published schedule, as of September 2026
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Permitted with conditionsBoard approvalSource: The Roebling Team's building profile
- Pied-à-terre ownership
- Not verified
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Dogs and cats
- Permitted with conditionsRequire the board's written approval, per the purchase application. Listing records report cats and dogs allowedSource: The Roebling Team's building profile
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $471 per room a monthMedian of 5 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: recent listing records
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $3,351/yr
- Per unit / month range
- $0 – $7
- Modeled exposure split equally across 40 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2020–25 to 2025–30. 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 data last refreshed October 2026.
Photographs of The Abraham Lincoln
Recent sales
61 Eastern Parkway trades in the parkway prewar co-op market, priced per room, alongside the neighboring six-story buildings and the Plaza Street East co-ops at the west end of the row. ACRIS shows steady resale activity, including two recorded resales in the last 24 months. The six- and seven-room, two-bath lines set the building's top end, and the three-room lines trade well below them. Exposure matters, so compare parkway-facing lines and rear lines separately. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent transfers at this building, from The Roebling Research Library. 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 26, 2026 | 2E | 1 BR · 1 BA · 650 sf | $630,000 | $969/sf | +2.4% |
| Nov 26, 2024 | 6D | 3 BR · 2 BA | $1,665,000 | -1.8% | |
| Aug 8, 2024 | 2G | 1 BR · 1 BA | $660,000 | +5.6% | |
| Jul 2, 2024 | 4E | 1 BR · 1 BA · 650 sf | $675,000 | $1,038/sf | +12.5% |
| May 22, 2024 | 4D | 3 BR · 2 BA | $1,575,000 | -3.1% | |
| Aug 24, 2021 | 5E | 1 BR · 1 BA | $650,000 | +8.5% | |
| Jun 28, 2021 | 2D | 3 BR · 1 BA · 1,250 sf | $1,095,000 | $876/sf | +0.0% |
| Mar 17, 2021 | 6E | 1 BR · 1 BA | $600,000 | -7.7% |
Market read. Most recent trades (2026 to date) cleared a median $950/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. 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.
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 3-01179-0085). 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; square footage on co-ops is not officially recorded, figures shown are approximate.
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What to know if you’re buying
Ask about the sponsor position. Get the current number of apartments held by 61 Eastern Parkway LLC, whether it is current on maintenance, and whether any of its apartments are still rent-regulated. A small residual block is manageable. It still matters for lenders and for the vote count.
Get the 2021 loan terms. Balance, rate, maturity and prepayment terms, plus any draw on the $500,000 line.
Confirm the fuel and boiler. The 2023 chimney work suggests a plant change. Find out what was done and what was paid for it.
Check the certificate of occupancy for any first-floor apartment. The ground floor's history as professional space means the certificate matters. The 2019 amendment should cover the converted unit.
What to know if you’re selling
Lead with the parkway and the plan. Six- and seven-room lines with two baths are uncommon in prewar Prospect Heights. Market room count and the parkway frontage.
Have the capital answers ready. A safe Cycle 9 façade rating and a 2021 refinancing are clean answers. Put them in the package.
State the sponsor position accurately. Buyers' attorneys will ask. Get the figure from the managing agent before listing.
Comparable buildings
If you're considering The Abraham Lincoln, also evaluate:
- 41 Eastern Parkway: a 1926 co-op at the Grand Army Plaza end of the same blockfront, converted in 1983
- The Theodore Roosevelt (125 Eastern Parkway): a 1923 six-story co-op on the same block, converted in 1985–86
- 135 Eastern Parkway (Turner Towers): the block's 15-story, 186-apartment tower. The large-building alternative
- 175 Eastern Parkway: a 1922 co-op at the Washington Avenue end of the blockfront
- The Woodrow Wilson (255 Eastern Parkway): a 1924 Shampan & Shampan co-op farther east on the parkway
- 225 Eastern Parkway (The Traymore): a mid-size parkway building east of Washington Avenue
- 50 Plaza Street East: a 1925 co-op on the Grand Army Plaza arc, a short walk west
- 230 Park Place: an elevator co-op inside the historic district, from the same sponsor group's portfolio
More Prospect Heights buildings
- Museum Court, 115 Eastern Parkway — 1922 co-op
- Public School 9 Annex, 279 Sterling Place — 1895 co-op
- Rivera Court, 338 Prospect Place — 1931
- The Mark, 268 Saint Marks Avenue — 2013 condominium
- The Mark, 336 St. Marks Avenue — 2019 condominium
- The Mews at Grand Army Plaza (295 St Johns Place) — 1923 co-op
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 The Abraham Lincoln?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com