Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $735,000

· Closed March 19, 2021

Closed For Sale Condo

$735,000

338 Prospect Place #5-I

Prospect Heights, Brooklyn

MLS® #RLS10671235

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1931
Ownership Condo
HOA/Common Charges $940/mo
Property Taxes $4,500/yr
Neighborhood Prospect Heights
Floor 5 of 5

Property Highlights

  • Views: City
  • Exposure: South,West facing
  • Outdoor Space: Rooftop

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 5 of 5
View City
Exposure South,West
Pets Yes
Cross Street Underhill Avenue/Washington Avenue
Year Built 1931
Architectural Style Prewar
Block/Lot 1160/7501

Listing History

Event Date Price Change
Listed Sep 28, 2020 $735,000 -
Currently May 18, 2026 $735,000 -

Description

SOARING CEILINGS & MASSIVE PRIVATE ROOF TERRACE! Views abound from this top floor, one-bedroom home featuring an oversized rooftop escape. Nestled in the heart of Prospect Heights, this home offers sun-drenched living and panoramic views both inside and out. The open south and west-facing living/dining area offer soaring ceiling heights and three oversized windows that frame charming neighborhood and treetop views. Custom recessed lighting and hardwood floors further elevate this loft-like space. Just off the dining area is a windowed kitchen with ample storage space and stainless steel appliances. The south-facing master bedroom offers sweeping views and two large closets. Accessible directly from your home, the massive private rooftop space awaits. This crown jewel boasts panoramic views of both Brooklyn and Manhattan. This private oasis offers plenty of room for entertaining, gardening, or lounging. Situated in the heart of Prospect Heights, The Rivera Court Condominium is a 50-unit, pet-friendly, full-service building with a live-in super, 24-hour doorman, central laundry, and bike storage. Enjoy the sought after cultural attractions conveniently located nearby, including The Brooklyn Museum, Prospect Park, Brooklyn Library, The Botanic Gardens & the Grand Army Plaza Saturday Farmer's Market. Enjoy many fabulous shops, bars, cafes & restaurants, including Faun, Olmstead & more. Easy access to the 2,3,4,5, B & Q trains, Zipcars & a Citibike station.

Features & Amenities

Interior Features

Dining Area Entrance Foyer Common Area

Exterior Features

Building Courtyard Building Roof Deck Rooftop

Building Information

Financial Details

Common Charges $940/mo
RE Taxes $4,500/yr ($375/mo)
Sale Price $735,000

Prospect Heights is a compact Brooklyn neighborhood anchored by the Brooklyn Public Library, Grand Army Plaza, Prospect Park, and the Brooklyn Museum. The real estate market features historic brownstones, pre-war cooperatives, and new developments like Pacific Park, with 2/3/B/Q/4 train service.

Prospect Heights Live Market Data

View Neighborhood

Active Listings

35

Median Asking Price

$1.50M

Median $/Sqft

$1,370

Avg Days on Market

N/A

New This Week

3

Price Reduced

17%

Sold (30 Days)

1

Median Sale Price

$635K

Live data from RLS at REBNY • Updated 5/18/26, 4:51 PM EST

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Location

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338 Prospect Place #5-I, Prospect Heights, Kings County • Near Underhill Avenue/Washington Avenue

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
5
Floors
51
Residential Units
R6B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $3,337,200
Land Value: $101,248
Exemptions: $20,610

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

Lot Area: 13,100 SF
Building Area: 34,201 SF
Built FAR: 2.61
Allowed FAR: 2

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 $940 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $4,500, or roughly $375 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1931, making it approximately 95 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. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10671235
First Listed: 9/28/2020
Price Changed: 3/19/2021
Closed: 3/19/2021
Contract Date: 9/29/2020

Listing Courtesy of Compass - Teka Barron Klopfenstein

Listing Contact: (646) 554-5593

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.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 8:51 PM UTC

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