Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,250,000

· Closed October 17, 2022

123 PROSPECT Place #2
Closed For Sale Co-op

$1,250,000

123 PROSPECT Place #2

Prospect Heights, Brooklyn

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MLS® #RLS10802533

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

N/A

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1931
Ownership Co-op
Maintenance $1,275/mo
Neighborhood Prospect Heights
Floor 2 of 4

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1931)
  • New Construction: Brand new building

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 2 of 4
Pets Yes
Cross Street FLATBUSH AVENUE and CARLTON AVENUE
Year Built 1931 (New)
Architectural Style Prewar
Parcel # 01150-0059-00123-000-0000002

Listing History

Event Date Price Change
Listed Jun 13, 2022 $1,189,000 -
Currently May 18, 2026 $1,250,000 +5.1%

Description

Shown By Appointment Only.

Set on one of Brooklyn's most prominent streets, no detail was overlooked when renovating this spectacular Parlor Level 1-Bedroom / 1-Bathroom home with a private garden in Prospect Heights.

Completed in 2018, the renovated open kitchen features a Sub-Zero refrigerator, Miele dishwasher, and Delonghi stove and oven. The dramatic living room features soaring ceilings, floor-to-ceiling casement windows, wood-burning fireplace and restored historic plaster moldings. The gracious and sun-filled primary suite features a cedar-lined walk-in closet and an additional sleeping/storage loft. Adjacent to the renovated bathroom with double vanity is the LG Washer and Dryer. The Mitsubishi split AC system completes the high-end finishes. The private backyard was also renovated in 2018 and includes a raised deck surrounded by lush greenery and new fencing.

Approximately 2/3 of the monthly maintenance goes towards the self-amortizing mortgage on the building. In 2031 the coop will own the building outright.

123 Prospect Place is a stately, well-maintained, pet-friendly, self-managed coop. The building's Brownstone facade was restored in 2016 and the roof and boiler were both replaced less than 3 years ago. The common areas were renovated in 2018. With only 5 units, this ideally located townhouse is just a few blocks from the Q, B, 2, and 3 trains, but the neighborhood has so many dining and shopping options, you may never want to leave.

Features & Amenities

Exterior Features

Garden

Appliances

Dryer Washer

Building Information

Financial Details

Maintenance $1,275/mo
Original Price $1,189,000
Sale Price $1,250,000
Previous Price $1,189,000

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

2

Price Reduced

17%

Sold (30 Days)

1

Median Sale Price

$635K

Live data from RLS at REBNY • Updated 5/18/26, 5:06 AM EST

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Location

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123 PROSPECT Place #2, Prospect Heights, Kings County • Near FLATBUSH AVENUE and CARLTON AVENUE

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1873
Year Built
153 years old
4
Floors
5
Residential Units
R6B
Zoning District
Walk-Up Apartments Historic District: Prospect Heights Historic District

Tax & Assessment

Assessed Value: $1,188,000
Land Value: $7,650
Exemptions: $0

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

Lot Area: 2,882 SF
Building Area: 4,664 SF
Built FAR: 1.62
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 monthly maintenance are $1,275 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.

Pet policy requires confirmation with the listing broker.

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: RLS10802533
First Listed: 6/13/2022
Price Changed: 10/18/2022
Closed: 10/17/2022
Contract Date: 6/13/2022

Listing Courtesy of Douglas Elliman Real Estate - Andrew Fishkind

Listing Contact: (917) 701-6337

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 9:06 AM UTC

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