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$495,000

For Sale

In contract 3/19/2026

429 ft²

$1,153 per ft²

1 room

Studio

1 bath

  • Condo

  • Crown Heights
  • Sponsor unit

Seller's agents

Pro

Licensed Associate Real Estate Broker

SERHANT.

Pro

Licensed Real Estate Salesperson

SERHANT.

This home has been saved by 76 users.

Listing by SERHANT., Limited Liability Broker, 372 West Broadway, New York, NY 10012

Common charges

$260/mo

Estimated payment

$3,603/mo

Taxes

$266/mo

Tax abatement

No info

About

Seller’s agent

/

Donna Strugatz

Licensed Associate Real Estate Broker

SERHANT.

Brad Mohr

Licensed Real Estate Salesperson

SERHANT.

description

SPECIAL END OF WINTER INCENTIVE: FOR CONTRACTS SIGNED BY MARCH 31, 2026,
SPONSOR WILL PAY 2 YEARS OF COMMON CHARGES

*The Residences at Prospect Place.
Elevated Boutique Living in the Heart of Brooklyn.*

Introducing The Residences at Prospect Place, with soaring ceilings, floor to ceiling picture windows, designer finishes, and garage parking create bespoke homes designed for a truly luxurious lifestyle.

Policies

  • Co-purchase allowed

  • Gifts allowed

  • Parents buying allowed

  • Pets allowed

  • Pied-a-terre allowed

  • Sublets allowed

Home features

  • Central air

  • Dishwasher

  • Hardwood floors

  • Washer/dryer

Building amenities

Services and facilities

  • Elevator

  • Parking

    Garage

  • Storage space

Wellness and recreation

No info on wellness and recreation

Shared outdoor space

  • Roof deck

About the building

The Residences at Prospect Place

701 Prospect Place, Brooklyn, NY 11216

Condo building inCrown Heights

18 units

7 stories

2025 built

Property history

  • Price Change: No changes
  • Sales start: 10/1/2025
DatePriceEvent

3/19/2026

$495,000

In contract

11/21/2025

$495,000

Listed by SERHANT.

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Explore Crown Heights

Transit

LocationDistance

Sat Park Place

0.23 miles

S2345at Franklin Av

0.35 miles

3at Nostrand Av

0.37 miles

LIRRat Nostrand Avenue

0.37 miles

S2345at Botanic Gardens

0.42 miles

About Crown Heights

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

Studio

$499K

RentalsMedian asking base rent

Studio

$2,908

Crown Heights has a lot going on. From the chaotic, commercial avenues of Nostrand and Utica to the wide, tree-lined esplanades of Eastern Parkway, the streets are always filled with locals shopping, catching up on the corner, and keeping tabs on neighbors. Walk down any of these streets and you're likely to find music playing from idling cars and bright Caribbean flags hanging from windows of apartment buildings. Every Labor Day, Crown Heights hosts the West Indian Day Parade, one of the city's largest annual street festivals which draws thousands of people from around the city and the world. The mix of people in such close proximity makes Crown Heights a fascinating microcosm of New York City. Living here, you'll be surrounded by a community with deep roots and rich heritage.

Learn more about Crown Heights