Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

RENTED AT $4,500/mo

· Leased April 21, 2026

552 PROSPECT Place #3A
Closed For Rent Condo

$4,500/mo

$7 per sq ft

552 PROSPECT Place #3A

Crown Heights, Brooklyn

MLS® #RLS20077505

RLS at REBNY

Listing by Serhant

NYC FARE Act Notice: Under NYC Local Law 119 (effective June 2025), if the landlord hired the broker, the tenant is not responsible for the broker fee. Ask about fee responsibility before scheduling a viewing.

1

Bedroom

1

Bath

676

Sq. Ft.

2020

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 676 sq ft
Year Built 2020
Ownership Condo
Parking Garage
Neighborhood Crown Heights
Floor 3 of 6

Property Highlights

  • Views: Other
  • Outdoor Space: Terrace
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Floor 3 of 6
View Other
Pets Yes, SizeLimit
Year Built 2020
Living Area 676 sq ft
Parking Garage Available
Structure Type HighRise
Furnished Unfurnished
Basement Other
Block/Lot 01163/0027

Listing History

Event Date Price Change
Listed Mar 16, 2026 $4,500 -
Price Reduced Apr 20, 2026 $4,250 -5.6%

Description

This beautifully appointed 1-bedroom, 1-bathroom apartment combines thoughtful design with modern convenience. Spanning a generous 676 square feet, the apartment features 10-foot ceilings, hardwood floors, central air, dishwasher, and an in-unit washer and dryer. Best of all, the apartment opens to a private covered terrace of approximately 140 square feet.

The Chef's Kitchen

Designed for both the serious cook and frequent entertainer, the kitchen showcases a rich blend of custom walnut and matte lacquer European cabinetry with innovative storage solutions and refined design. A suite of paneled Fisher & Paykel appliances, a quartz waterfall countertop with dining bar, Grohe fixtures with pull-out nozzle, and an oversized Franke sink create a kitchen that is both beautiful and highly functional.

Unmatched Storage & Smart Living

The entry foyer features two custom California Closets, with a third wall-to-wall CC system in the bedroom that provides exceptional storage and organization. This home has also been upgraded with Lutron smart shades and bespoke light fixtures with smart controls, all compatible with Google Home or Alexa for seamless smart living.

Spa-Inspired Bathroom

The spa-inspired bathroom features Statuario marble slab tiles with hexagon mosaic flooring, complemented by Duravit and Villeroy & Boch fixtures, a custom walnut vanity with Carrara marble countertop, and elegant Grohe fittings.

Full Service Building

The building of 22 units offers a boutique feel where residents also enjoy access to a full-service collection of amenities including an elevator, 24-hour fitness center with a Peloton bike, shared rooftop space, resident lounge, virtual doorman, package room, and bike storage.

Hot water and gas are included. Tenants are responsible for electric (ConEd) and internet, with the home wired for Fios. Pets are allowed with landlord approval.

Features & Amenities

Interior Features

Building None Washer Hookup In Unit

Exterior Features

Private Outdoor Space Over60 Sqft Terrace

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 22
Stories 6
Structure HighRise

Rental Details

Available

3/16/2026

Security Deposit

$4,500

Fee Disclosure NYC FARE Act

Estimated Move-In Costs

First Month's Rent

$4,500

Security Deposit

$4,500

Application Fee

$20

Under NYC's FARE Act (Local Law 119), if the landlord hired the broker, the tenant is not responsible for the broker fee. Always confirm fee responsibility before signing.

Short-Term Rental Potential

Estimated income if operated as a compliant short-term rental under NYC Local Law 18:

$375
Est. nightly rate
65%
Avg. occupancy
$7,313
Est. monthly gross

Estimates only. Requires NYC DCWP registration (Local Law 18). Most co-ops and condos prohibit STR via bylaws. Verify with building management and an attorney before listing. Past income is not guaranteed.

Crown Heights is a dynamic and architecturally rich neighborhood in central Brooklyn. Famous for its grand boulevards and impressive collection of pre-war apartment buildings and brownstones, the area offers a sense of scale and history. Residents enjoy proximity to the Brooklyn Museum, the Botanic Garden, and a active restaurant scene along Franklin and Nostrand Avenues, making it a popular choice for those seeking space and culture.

Crown Heights Live Market Data

View Neighborhood

Active Listings

89

Median Asking Price

$1.50M

Median $/Sqft

$1,025

Avg Days on Market

N/A

New This Week

4

Price Reduced

22%

Sold (30 Days)

15

Median Sale Price

$1.40M

Live data from RLS at REBNY • Updated 4/30/26, 11:29 PM EST

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Location

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552 PROSPECT Place #3A, Crown Heights, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2019
Year Built
7 years old
6
Floors
22
Residential Units
R6A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $3,062,701
Land Value: $322,652
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 11,956 SF
Building Area: 22,545 SF
Built FAR: 1.89
Allowed FAR: 3

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 676 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2020, making it approximately 6 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property: Pets allowed with landlord approval. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $4,500 for 676 sq ft, the asking price per square foot is approximately $7. This figure is for reference only and may differ from appraised or assessed values.

To schedule a viewing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20077505
First Listed: 3/16/2026
On Market: 3/16/2026
Price Changed: 4/20/2026
Closed: 4/21/2026
Contract Date: 3/16/2026

Listing Courtesy of Serhant - Madeline Boutelle

Listing Contact: (614) 905-6956

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 3:29 AM UTC

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