Two Boutique Condos in an 1898 Prospect Heights Building at 273 Park Place

Nov 1

Welcome to 273 Park Place, two condos inside an 1898 house on a classic Prospect Heights block, a few steps from Grand Army Plaza and the top corner of Prospect Park. The sponsor, RH Park Place LLC, is the same group behind 139 Saint Marks Avenue a few blocks away. This is one of my favorite blocks in the city. It's convenient to everything but has perfect brownstone charm, and I believe this is the first converted condo on the block, so I'm excited to see how it comes together.

Where Things Stand

The offering plan for 273 Park Place was submitted to the New York State Attorney General on May 14, 2026, and is awaiting acceptance. No units are for sale yet, there is no public pricing, and reservations can't be taken. Across the 53 Brooklyn projects I've tracked from filing to acceptance, most were accepted 5 to 9 months after filing (about 7 months is typical), which points to acceptance between now and roughly February 2027. Join my early access list below and you'll hear about pricing and launch timing before it reaches StreetEasy.

What We Know So Far

Two condos in a renovated 1898 two-family house, with a new one-story addition in the DOB filing
About 4,000 square feet of total floor area, or roughly 2,000 square feet per home
Likely large floor-through or duplex homes with three or more bedrooms, based on that size (the final mix isn't public yet)
Offering plan filed: May 14, 2026
What's next: Attorney General review typically takes several months, and pricing becomes public once the plan is accepted

Buying in a New Development?

New construction works differently than a resale: offering plans, sponsor contracts, closing costs and timelines all have their own rules.

Read my guide to buying a new development condo →

A Closer Look at the Building

With only two homes, 273 Park Place is about as intimate as a condo building gets, the kind of building where you actually know your one neighbor. The renovation keeps the 1898 house's historic character while bringing the systems and layouts fully up to date, and adds a one-story addition. It's a brownstone-scale walk-up with an intercom. Final pricing, common charges and the unit mix will be public once the plan is accepted.

Prospect Heights Highlights

Prospect Heights is the most central piece of brownstone Brooklyn, bordering Park Slope, Crown Heights, Fort Greene and Clinton Hill all at once. Prospect Park, the Brooklyn Museum, the Brooklyn Botanic Garden and the Central Library are all within a few blocks, and Vanderbilt and Washington Avenues carry the neighborhood's restaurants and cafes.

The 2 and 3 at Grand Army Plaza, about a 3-minute walk
The B and Q at 7th Avenue, about 5 minutes
The C at Clinton-Washington Avenues, about 10 minutes
Prospect Park, the Brooklyn Museum and the Brooklyn Botanic Garden, all a short walk away

Katie's Take

I track every new development filing in Brooklyn, and this one stands out as one of three two-home brownstone conversions in Prospect Heights' pipeline, each with homes of roughly 1,800 to 2,400 square feet, far larger than the 1,100 to 1,300 square foot homes at most of the neighborhood's buildings now selling. Its sister filing at 139 Saint Marks Avenue went in a day earlier from the same team, so the two will likely be accepted and priced around the same time. If you want a family-size condo near Grand Army Plaza, follow both, since there will only be four homes between them.