NOT LISTED FOR SALE

218 Park Place Unit 2W Proshei, NY 11238

Prospect Heights Neighborhood

Estimated Value: $970,000 - $1,733,000

2 Beds
2 Baths
-- Sq Ft
3,223 Sq Ft Lot

Last Sold November 23, 2020

Last sale price $1,174,500

Est. 13% increase in value since last sale

Current estimated payment $7,634/month

57 Days on Market

Highlights

  • No HOA
  • 2-minute walk to 7 Avenue (B,Q Line)
  • Garage
  • P.S. 9 The Sarah Smith Garnet School Rated A

About This Home

As of November 2020

Welcome home to the Twine on Park, an exemplary new boutique condominium on one of brownstone Brooklyn's most beautiful and conveniently located blocks. This immaculately renovated, completely unique development thoughtfully fuses two landmark townhouses, 218 and 220 Park Place and seamlessly blends old world design with the best of modern craftsmanship and materials.

Residence 2W at 220 Park Place is an impeccably designed 2 bedroom, 2 bathroom full floor unit with a large private south facing terrace.Appreciate the luxury and convenience of a new construction elevator building while living in a historic home on one of Brooklyn's most desirable brownstone blocks. All units feature keyed elevator access, and hand selected rift sawn white oak floors, Marvin windows, multi-zoned heating and cooling, private outdoor space for most units, high-end kitchens and baths, Virtual Doorman, and high-speed CAT6 ethernet with multiple access points. Each residence is different and offers its own distinct lifestyle. The chefs kitchens feature appliances by Wolf, Subzero, Bosch, Miele, white quartz counters, and custom white oak cabinetry. Baths feature radiant heat, Hansgrohe fixtures, and floor to ceiling tile.

The Twine is nestled on idyllic Park Place between Carlton and Vanderbilt which was ranked as # 21st out of NYC's tens of thousands of blocks. Prospect Heights is a neighborhood famed for it's landmark houses, Prospect Park, the state of the art new Barclays Center, superb dining and shopping, and some of the best subway access in NYC. This particular block is unusually wide and tree lined with some of Brooklyn's most stately homes and is perfectly situated equal distance to amenities on Vanderbilt, Flatbush, and 7th Avenues in Park Slope. Nearby culinary destinations include Olmstead, Fausto, Ample Hills Creamery, Chuko, James, and Sweet Chick. Express trains can be reached without even crossing a street for incredibly fast access to Manhattan. A true neighborhood, Prospect Heights has it all!

218 Park Place: this is not an offering, The complete offering terms are in an offering plan available from the File No. CD180044

Last Agent to Sell the Property

Alexander Maroni

Douglas Elliman Real Estate License #10301201619 Listed on: 08/04/2020

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,907

Year Built

  • Built in 1915

Lot Details

  • 3,223

Parking

  • Garage

Home Design

  • Entry on the 99th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 4-Story Property
  • No Cooling

Community Details

  • No Home Owners Association
  • 3 Units
  • Proshei Subdivision

Listing and Financial Details

  • Tax Block 1164

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,907

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Cross Street: Vanderbilt ave
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: PROSHEI
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Association: No
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 4
  • Year Built: 1915

Tax Info

  • Tax Block: 1164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Nov 20, 2020
Sold by
218-220 Park Place Llc
Bought by
Kalbus Alexandra D and Kalbus Porter J
Seller's Agent
Alexander Maroni
Douglas Elliman Real Estate
List Price
$1,250,000
Sold Price
$1,174,500
Premium/Discount to List
-$75,500
-6.04%
Current Estimated Value
$1,331,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,663
Avg. Annual Appreciation
2.59%
Original Mortgage
$920,000
Outstanding Balance
$818,669
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$512,494
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kalbus Alexandra D $1,185,217 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalbus Alexandra D $920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2020 11/23/20 Sold $1,174,500 -6.0% --
09/30/2020 09/30/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $1,250,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,907 $41,850 $12,247 $29,603
2024 $6,907 $37,789 $12,247 $25,542
2023 $6,589 $36,331 $12,247 $24,084
2022 $6,110 $30,607 $12,247 $18,360
2021 $6,089 $30,607 $12,247 $18,360
Source: Public Records

Agents Affiliated with this Home

  • Alexander Maroni

    Seller's Agent in 2020

    Alexander Maroni

    Douglas Elliman Real Estate

    (917) 704-3102

    9 in this area

    209 Total Sales

    Alexander Maroni
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10656508

Real Estate Board of New York (REBNY)

APN: 01164-1202

New York Kings County Brooklyn 11238 Prospect Heights

218 Park Place Unit 2W, Brooklyn, NY

This home is located at 218 Park Place Unit 2W, Proshei, NY 11238 since 04 August 2020 and is currently estimated at $1,331,163. This property was built in 1915. 218 Park Place Unit 2W is a home located in Kings County with nearby schools including P.S. 9 The Sarah Smith Garnet School, Berkeley Carroll Elementary School, and Berkeley Carroll School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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