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Cooperative · 1967
Whitman Close
75 Henry Street, Brooklyn, NY 11201
Buildings·Cooperative

75 Henry Street (Whitman Close)

75 Henry Street, Brooklyn, NY 11201

Brooklyn Heights, Brooklyn

BBL 3002170001 · BIN 3326019

At a glance
Year built
1967
Type
Cooperative
Units
341
Floors
33
Landmark
No
Board & building profile
Flip tax
10% of sale price on first transfer of shares after the 2002 reconstitution; 2% on each subsequent transfer
Subletting
Prohibited without prior written board consent (proprietary lease ¶4A); sublease rents assignable to the corporation at board option

Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2026-08). Board policies can change by amendment — confirm at the offer stage.

The Data Room

Every recorded sale at this building, 2002–2026

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

1BR median
$798K
Recent range
$500K – $2.4M
Listing discount
1.0%
Recorded transfers
341
Considering a sale?

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

A Private Pricing Opinion — what your apartment at Whitman Close 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.

75 Henry Street is the largest cooperative in Brooklyn Heights, and its history compresses the whole postwar argument about what the neighborhood should be. The superblock it occupies was created by the Cadman Plaza urban-renewal program — Robert Moses's plan to clear the blocks between the Heights and the civic center, which the neighborhood's civic groups fought through the late 1950s until the City approved a compromise scheme in 1961 mixing high-rise towers with low-rise townhouses. Whitman Close was the result on this block: a 33-story tower over landscaped grounds, rows of townhouse apartments, and the Pineapple Walk pedestrian retail strip, completed in 1967 under the Mitchell-Lama middle-income program. The development takes its name from Walt Whitman, and the connection is specific to the ground it stands on — the Rome Brothers print shop, where Whitman set type for the first edition of Leaves of Grass in 1855, stood within the renewal site.

The original marketing brochure, preserved in Columbia's Avery Library, credits the design to Morris Lapidus Associates — a genuine curiosity of the Brooklyn skyline, since Lapidus's fame rests on the curvaceous Miami Beach resort hotels of the 1950s. At Cadman Plaza his firm worked in the sober register of publicly financed housing: an exposed-frame tower with generous light and air, set back from the street in the tower-in-the-park planning idiom the historic district next door was created to prevent. The juxtaposition still defines the address — from the tower's upper floors the entire protected low-rise Heights spreads out below, with the harbor, the Brooklyn Bridge, and lower Manhattan beyond, a view envelope that almost nothing inside the historic district can offer and that the district's height limits protect.

The building's second defining event was economic. In 2002 the shareholders reconstituted Whitman Owner Corporation out of the Mitchell-Lama program — an early and consequential privatization among Brooklyn's middle-income cooperatives. Reconstitution converted decades of below-market equity into market-rate shares, and it left a policy signature that governs every trade in the building today: a transfer fee of 10 percent of the sale price on the first post-reconstitution transfer of each apartment, stepping down to 2 percent on subsequent transfers. The structure was designed to recapture windfall gains for the corporation as original Mitchell-Lama-era shareholders sold, and it has worked as designed — the cooperative's audited statements show transfer fees contributing hundreds of thousands of dollars to revenue in a typical year.

The third thing every buyer and seller should understand is that Whitman Owner Corporation is a landlord as well as a housing corporation. The cooperative owns the Pineapple Walk retail strip — the diner, grocery, and neighborhood stores that serve the north Heights — and a three-level underground garage, and that commercial income (approaching $2 million in recent audited years) subsidizes maintenance in a way few Heights cooperatives can match. The strip's value has also been tested: in late 2015 a developer offered in excess of $75 million for the Pineapple Walk parcel, proposing a 40-story tower, with direct payments to shareholders that would have run from roughly $120,000 for studio owners upward. On January 15, 2016, shareholders voted the sale down — a decision consistent with the neighborhood's long pattern of choosing context over capitalization, and one that kept the cooperative's commercial income stream intact.

Architecture and unit composition

The tower carries 341 apartments across 33 floors — studios through larger family layouts — in the efficient double-loaded-corridor planning of the Mitchell-Lama era, with the 18 two- and three-bedroom townhouse apartments in adjacent low-rise structures completing the cooperative's 359 units. Apartment finishes vary widely by renovation vintage, as is typical for a privatized middle-income building: original-condition apartments trade at meaningful discounts to renovated stock, and renovation quality is the largest single pricing variable inside the building.

The exposures are the asset. East-facing apartments look over Cadman Plaza Park and the civic center; west- and south-facing apartments on upper floors carry the protected panorama across the historic district to the harbor, the Promenade skyline view in reverse. Because the surrounding historic district caps heights at rowhouse scale and the Cadman Plaza superblocks are essentially built out, upper-floor view lines here are about as stable as tower views get in Brooklyn.

The complex's site plan is pure 1960s planning: the tower in a landscaped setting, the townhouse rows mediating toward the street, and Pineapple Walk — a pedestrian retail lane owned by the cooperative — threading the superblock. The 2016 fight over the strip's future is the best evidence of how integral the ensemble is to the north Heights streetscape.

Building operations

Whitman Owner Corporation operates with union (32BJ) staff, a laundry room, and the three-level underground garage, with shareholder parking generating steady income for the corporation. The commercial portfolio — five Pineapple Walk stores totaling approximately 14,000 square feet — produced approaching $2 million of annual revenue in recent audited years, a substantial offset against operating costs for a 359-unit cooperative. The corporation retains certiorari counsel on an ongoing basis to protest the property's taxable assessment, which has risen steeply — real estate taxes are the cooperative's largest single expense line.

Capital work has been continuous and documented in the audited statements: exterior and walkway restoration, a garage structural project, plumbing upgrades, laundry room renovation, and boiler work across recent cycles. The corporation carries a $16.8 million underlying mortgage at 4.16 percent maturing January 1, 2029; the refinancing environment at maturity is a factor sophisticated buyers should model, since a higher-rate refinancing would flow through to maintenance. Recent years have also seen recurring operating assessments alongside maintenance increases — the audited statements document assessments of roughly $41 to $47 per share in 2022–2023 and a budgeted assessment thereafter — typically timed against the City's co-op tax abatement so the net effect on shareholders is muted. Audited financials, the proprietary lease, and house rules are maintained in The Roebling Research Library and shared with clients during diligence.

Policy framework

Only board-documented policies are listed; the board's current practices govern.

Transfer fee: 10 percent of the sale price on the first transfer of an apartment's shares following the 2002 reconstitution; 2 percent on each subsequent transfer. Confirm which tier applies to the specific apartment early — it materially changes seller net proceeds and therefore pricing.

Subletting: Prohibited without prior written consent of the corporation under the proprietary lease; at the board's option, sublease rents may be assigned to the corporation. Treat this as a primary-residence building.

Occupancy: The apartment may be used only as a private dwelling for the shareholder and immediate family; guest occupancy beyond one month in a calendar year requires approval.

Financing and board package: Financing limits and current application requirements are set by the board and are not publicly documented; confirm with the managing agent at offer stage.

Pets and alterations: Governed by current house rules; the alteration framework in the lease covers appliances, air conditioners, and built-ins. Confirm current rules during diligence.

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.

Inspection history
2005–10
SWARMP
2010–15
Safe
2015–20
SWARMP
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2028
Assessed · 2005–10 to 2020–25
$15,000 in filing penalties
payment status not in the record
The three grades, in buyer terms
SafeLatest filing: Safe — no repairs required at that inspection.
SWARMPLatest filing: repairs required before the next inspection cycle.
UnsafeLatest filing: unsafe conditions requiring corrective action.
How to read this, and where it comes from

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).

Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. 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 record last verified September 2026.

See the full facade history →

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
Aug 6, 20268C
1 BA
$558,000+0.0%
Jun 11, 202615E
2 BR · 2 BA · 1,200 sf
$1,300,000$1,083/sf+8.8%
Jun 4, 202623D
1 BA
$650,000+4.0%
Apr 15, 202618J
1 BA
$535,000-2.6%
Apr 13, 202620E
2 BR · 2 BA
$1,375,000-1.4%
Apr 9, 202630K
3 BR · 2 BA
$2,150,000+2.4%
Feb 19, 202617J
1 BA · 600 sf
$508,000$847/sf-5.0%
Feb 4, 202614C
1 BA
$575,000+0.0%

Market read. Most recent trades (2026) cleared a median $986/sf across 2 sales. Median listing discount 1.5% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

14B · 900 sf+180%
$510,000 2005$739,000 2007$1,430,000 ($1,589/sf) 2017
TH41+164%
$1,015,000 2009$2,675,000 2017
11L+160%
$360,000 2004$570,000 2012$935,000 2025
4E · 1,200 sf+137%
$695,500 ($580/sf) 2011$1,452,100 ($1,210/sf) 2015$1,650,000 ($1,375/sf) 2024
24F · 740 sf+135%
$360,000 ($486/sf) 2005$625,000 ($845/sf) 2008$699,000 ($945/sf) 2014$845,000 ($1,142/sf) 2022

Other recent transfers

DateUnitPrice
Sep 2, 200411L$360,000
May 25, 200429L$395,000
View all 341 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 3-00217-0001) 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

This is the value entry to Brooklyn Heights, with real trade-offs. Postwar fabric, Mitchell-Lama-era layouts, and a primary-residence policy culture — in exchange for per-room pricing well below the prewar Heights, commercial income that supports the operating budget, and high-floor views nothing in the historic district can match.

Model the carry, including assessments. Maintenance has risen with real estate taxes, and the corporation has run recurring operating assessments alongside the co-op abatement. Ask for the current maintenance, any active assessment, and the abatement treatment on the specific apartment, and run the True Monthly Carrying Cost analysis on the combined number.

Understand the 2029 mortgage maturity. The underlying mortgage's January 2029 maturity is a known refinancing event; the rate achieved then will influence maintenance in the 2030s.

Ask which transfer-fee tier applies. A first post-reconstitution transfer carries a 10 percent fee paid by the seller; that history is apartment-specific and shapes how sellers price.

Transit and daily life are genuinely strong. Clark Street (2/3), High Street (A/C), and Borough Hall are all close; Pineapple Walk's stores sit at the building's base; Cadman Plaza Park and the Brooklyn Bridge Park approaches are across the street.

What to know if you’re selling

Price per room against the building's own record. The market for 75 Henry is deep and self-referential; same-line, same-exposure trades anchor value far better than prewar Heights comparables.

Lead with light, views, and renovation. High-floor open exposures over the historic district are the building's scarcest asset; a documented, board-approved renovation is the second-strongest pricing lever.

Disclose the transfer fee early. If yours is a first post-reconstitution transfer, the 10 percent fee belongs in your net-proceeds math from day one; buyers' brokers will find it in diligence regardless.

Prepare for a traditional co-op process. Board package, interview, and primary-residence underwriting apply. Transparent financials shorten the path.

Comparable buildings

If you're considering 75 Henry 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 Whitman Close?

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

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com