Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $449,000

· Closed October 28, 2021

566 PROSPECT Place #1D
Closed For Sale Co-op

$449,000

566 PROSPECT Place #1D

Crown Heights, Brooklyn

MLS® #RLS10704992

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

N/A

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1931
Ownership Co-op
Maintenance $611/mo
Neighborhood Crown Heights

Property Highlights

  • Exposure: South facing
  • Style: Prewar architecture
  • Climate Control: Window Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 1 Full
Exposure South
Cooling Window Units
Pets CatsOk
Cross Street Classon Avenue & Franklin Avenue
Year Built 1931
Architectural Style Prewar
Parcel # 01163-0033-00566-000-000001D

Listing History

Event Date Price Change
Listed Mar 15, 2021 $495,000 -
Currently May 18, 2026 $449,000 -9.3%

Description

Amazing location and low monthly maintenance make this lovely pre-war, Crown Heights apartment a wonderful place to call home! South Eastern light streams through the double-paned windows into the unique prewar layout that boasts nine foot ceiling heights, an open windowed kitchen with washer/dryer and plenty of room for entertaining! This oversized 1 bedroom has great closets, windows in every room, and a large private storage space in the basement top off this incredible find! Wait- did I mention the apartment also comes with a HUGE private deck and garden. Currently accessible through the building this space is large enough for your urban garden, BBQ, and sun tanning dreams. Start planning your housewarming party now! 566 Prospect Place is a 20 unit self-managed coop building with low monthlies. Parents buying and guarantors are permitted. Subletting allowed on a case-by-case basis after 2 years of ownership. Cats only. The building's hallways were just completely redesigned! Wonderfully placed between Classon Ave and Franklin Ave, in bustling Crown Heights. With numerous restaurants, cafes, bookstores and more just moments away, you'll never run out of exciting neighborhood hotspots to explore. Stroll down to The Brooklyn Museum and Botanical Gardens, or hop on the 2, 3, 4, 5, C, S & LIRR trains that will have you in Manhattan in less than 30 minutes!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Total Units 20
Stories 4
Style Prewar

Financial Details

Maintenance $611/mo
Original Price $495,000
Sale Price $449,000

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

91

Median Asking Price

$1.57M

Median $/Sqft

$1,001

Avg Days on Market

N/A

New This Week

6

Price Reduced

23%

Sold (30 Days)

2

Median Sale Price

$1.31M

Live data from RLS at REBNY • Updated 5/18/26, 2:01 PM EST

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Location

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566 PROSPECT Place #1D, Crown Heights, Kings County • Near Classon Avenue & Franklin Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
4
Floors
20
Residential Units
R6A
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $983,700
Land Value: $26,550
Exemptions: $0

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

Lot Area: 5,796 SF
Building Area: 14,984 SF
Built FAR: 2.59
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 monthly maintenance are $611 per month. Confirm the exact amount with the listing broker before making an offer.

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 co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

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: RLS10704992
First Listed: 3/15/2021
Price Changed: 5/4/2021
Closed: 10/28/2021
Contract Date: 3/15/2021

Listing Courtesy of The Corcoran Group - Justine Lee-Mills

Listing Contact: (734) 660-4753

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 6:01 PM UTC

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