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701 PROSPECT Place 403Brooklyn, NY 11216

For Sale

$1,450,000

Smart Buyer Rebate $18,125

SPECIAL SPRING INCENTIVE: FOR CONTRACTS SIGNED BY JUNE 30, 2026

SPONSOR WILL PAY 2 YEARS OF COMMON CHARGES

OPEN HOUSE IS BY APPOINTMENT ONLY, PLEASE CONTACT LISTING BROKER TO SCHEDULE

The Residences at Prospect Place.

Elevated Boutique Living in the Heart of Brooklyn.

Introducing The Residences at Prospect Place, where private outdoor spaces in every unit, soaring ceilings, floor to ceiling picture windows, designer finishes, and garage parking create bespoke homes designed for a truly luxurious lifestyle.

Life at 701 Prospect Place puts you in the epicenter of it all. Situated a block away from Franklin Avenue which offers an array of Michelin Rated Restaurants, gourmet take out, and chic cocktail bars and local shops.

Ideally located blocks from Brooklyn's cultural hub with the Brooklyn Botanic Garden, The Brooklyn Museum, Brooklyn Children's Museum, Prospect Park and the historic and vibrant brownstone Brooklyn neighborhood where Prospect Place calls home.

Introducing this bespoke, brand new 2-bedroom, 2-bathroom condo with an eastern facing private terrace which invites a seamless indoor-outdoor lifestyle.

This stunning home features massive floor-to-ceiling windows that let in abundant eastern light in the open-plan living room, dining room, and kitchen, while 7-inch oak floors imported from Spain and soaring 10-foot ceilings.

This designer home blends a thoughtful, sun-flooded layout with a beautiful selection of luxurious, refined finishes.

The chef's open kitchen boasts spacious honed Bria Elephantino quartz countertops, custom walnut-veneered Cucine cabinetry, an elegant Hansgrohe faucet, a Faber Inca oven hood, and a suite of high-end appliances including a Bosch dishwasher, Bertazzoni cooktop and oven, and a Fisher & Paykel refrigerator.

The primary suite features a walk-in closet and floor to ceiling eastern facing windows and a pristine en-suite bathroom with large-format Prissmacer porcelain tiles, a custom Lucena Bath double vanity, a mirrored medicine cabinet, Artos fittings, and a walk-in rainfall shower. The second bedroom has a reach-in closet, and the second bathroom has a deep Duravit soaking tub with shower.

Central heating and cooling and an LG washer and dryer tower are also included.

The Residences at Prospect Place is Crown Heights' newest boutique condominium. The Residences at Prospect Place has a common rooftop terrace with spectacular views for alfresco meals, entertaining, sun lounging, and more. Private garage parking spaces and two private rooftop cabanas are also available for purchase.

Moments from Atlantic Avenue, Prospect Heights, and Barclays Center, the neighborhood offers an unparalleled blend of energy and charm. Convenient access to the A, C, 2, 3, 4, and 5 subway lines ensures a seamless connection to the rest of the city.

THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD24-0334 PROSPECT PLACE BROOKLYN LLC, 533 FLATBUSH AVENUE, SUITE 313, BROOKLYN, NY 11225.

Listed by Ryan Serhant

·

Serhant LLC

·

646-480-7665

Last updated July 14, 2026

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Source: OneKey #1025297

Listing Facts

  • TypeCondo
  • NeighborhoodCrown Heights
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu19
  • Taxes$7,728/year
  • Size1,004 sqft
  • Price per sqft$1,444

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

07/13/2026
Listed by Serhant LLC
$1,450,000

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$14,500
Title Insurance
$6,525
Bank Attorney
$1,500
Mortgage Recording Tax
$22,330
Other Closing Costs
$4,000
Total
$52,855

Estimated closing costs are based on the list price of $1,450,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 701 PROSPECT Place 403

Association

Amenities

  • Pets Allowed: No

Exterior

Construction

  • Stories Total: 8
  • Year Built: 2025
  • Entry Level: 4

Features

  • Patio And Porch Features: Terrace
  • View: City, Skyline

Measurements

  • Building Area Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $7,728.00

Interior

Measurements

  • Living Area: 1,004
  • Living Area Source: Other

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Rooms Total: 5

Other

Location

  • Subdivision Name: Crown Heights
  • Tax Block: 01824
  • Tax Lot: 0026

Parking

Parking

  • Garage: Yes

Schools

Elementary School

  • Elementary School District: Contact Agent

High School

  • High School: Contact Agent
  • High School District: Contact Agent

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2 bathrooms in this condo at 701 PROSPECT Place 403.

What schools are nearby to 701 PROSPECT Place 403?

Nearby schools include the Contact Agent High School.

What are the annual taxes for 701 PROSPECT Place 403?

Annual taxes for this condo are estimated at $7,728.

How does 701 PROSPECT Place 403 compare to other condos in Crown Heights?

This condo is listed 45% above the average price for condos in Crown Heights and has been on the market for 74 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 1,004 sqft.

701 PROSPECT Place 403 is a 2-bedroom, 2-bath condo for sale in Brooklyn NY 11216. On Prevu for 19 days at $1,450,000. This home features 1,004 square feet of living space, located in Crown Heights. The median listing price for condos in this area is $1,250,000. Nearby schools include Contact Agent High School. Additional amenities include private outdoor space. View other condo listings in Brooklyn.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.