- Year built
- 1929
- Type
- Condominium
- Landmark
- No
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 744 Park 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.
744 Park Place is a 1929 brick walk-up with carved stone trim, renovated and converted into eight condominium homes of three and four bedrooms. Large-format family layouts in a small condominium are uncommon in this part of Crown Heights, where most recent product is one- and two-bedroom new construction.
The plan has a long record. It was submitted in November 2023, accepted in January 2025, and has three amendments, one of which issued a new Schedule A with updated real estate taxes. The sponsor recorded the condominium declaration in July 2025. The Department of Finance has created condominium number 6286 for the building. Billing lot 7501 and unit lots 1001 through 1008 replace the original tax lot.
Architecture and residences
The building is four stories on a 33-foot lot. Residences range from about 1,170 to 2,142 square feet, per listing records. Seven of the eight have private outdoor space, mostly roof decks of 120 to 273 square feet, and each comes with a basement storage room. Published finishes include brushed white oak engineered floors, Bertazzoni appliances, Cambria quartz counters with kitchen islands, marble primary baths, multi-zone climate control and in-unit laundry. There is no elevator and no doorman.
The renovation's architect of record is not identified in the public filings reviewed for this page.
Offering and pricing
Per the offering plan filed with the New York State Attorney General (plan CD230318), the plan was submitted November 20, 2023 at $16,200,000 and accepted January 6, 2025 at $17,000,000, an average of $2.125 million per home. The amendment record:
- Amendment 1 (April 2025): a notice of effectiveness on two units, or 25 percent, in contract, effective April 3, 2025
- Amendment 2 (December 2025): new Schedule A, updated real estate taxes, and a first year of operation moved to March 1, 2026
- Amendment 3 (July 2026): a second notice of effectiveness on two units, or 25 percent, in contract, effective June 24, 2026
The database carries June 24, 2026 as the effective date and records two units sold. The plan was declared effective twice. Ask sponsor's counsel which notice governs, since the first contracts may have lapsed or been replaced.
Published asks in 2025 and 2026 ran from about $1.535 million for a three-bedroom on the second floor to $1.995 million for a top-floor four-bedroom, an average near $1,100 per square foot for the homes then available. One brokerage record shows a top-floor home sold at $1,975,000. A recorded deed for that sale had not appeared in ACRIS as of this review. Published monthly common charges run about $370 to $400, with real estate taxes near $280 to $300 a month. Confirm both against the current Schedule B budget.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
See full Local Law 97 analysis →Recent sales
Recent closings 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 |
|---|---|---|
| Oct 1, 2021 | 8 | $4,015,000 |
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-01239-7501; each condominium apartment is its own tax lot). 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.
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Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
A conversion, not new construction. The shell and much of the structure date from 1929. Ask for the engineer's report in the plan, the scope of the 2025 alteration, and what was replaced in the roof, façade and mechanical systems.
Effectiveness. Confirm which notice of effectiveness controls and how many units are under contract today.
Walk-up. There is no elevator; the top-floor homes and roof decks are reached by stairs.
Closing costs. In sponsor sales the buyer customarily pays the New York State transfer tax (0.4%) and the New York City real property transfer tax (1.425% above $500,000), plus the mansion tax of 1% at $1 million. Use the calculators below to run your price.
Low carrying costs. Common charges and taxes in the listing records are low for the size of the homes. Ask how the real estate taxes in Amendment 2 were projected and whether they assume a phase-in that ends.
Comparable buildings
If you're considering 744 Park Place, also look at these Crown Heights condominiums:
- 762 Park Place — 23-residence, seven-story condominium on the next block east, completed in 2018
- 529 Park Place — eight-residence condominium with garden duplexes and an elevator
- 715 Prospect Place — The Sinclair, 16 residences across two walk-up buildings
- 579 Washington Avenue — 16-residence condominium created by combining two older buildings
- 1000 Union Street — 20-residence new-construction condominium with terraces and parking
- 823 Classon Avenue — 24-residence new-construction condominium near the Brooklyn Museum
More Crown Heights buildings
- 622 Grand Avenue — 2009 condominium
- 630 Grand Avenue — 2024 condominium
- 720 Nostrand Avenue (Urban Nostrand) — 2018 condominium
- 762 Park Place — 2018 condominium
- 800 Dean Street — condominium
- 817 Classon Avenue — 2025 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Crown Heights.
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 744 Park Place?
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646.939.7375 · c.cohen@compass.com