Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,180,000

· Closed February 7, 2024

406 PROSPECT Place #2
Closed For Sale Condo

$1,180,000

406 PROSPECT Place #2

Crown Heights, Brooklyn

MLS® #RLS10932830

RLS at REBNY

Listing by Brown Harris Stevens Brooklyn LLC

2

Bedrooms

1

Bath

N/A

Sq. Ft.

2017

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 2017
Ownership Condo
HOA/Common Charges $590/mo
Property Taxes $12,300/yr
Neighborhood Crown Heights
Floor 2 of 4

Property Highlights

  • Views: Other
  • Exposure: West facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Floor 2 of 4
View Other
Exposure West
Cooling Other
Pets Yes
Year Built 2017
Architectural Style WalkUp
Basement Other
Block/Lot 01824/0000

Listing History

Event Date Price Change
Listed Oct 19, 2023 $1,200,000 -
Currently May 17, 2026 $1,180,000 -1.7%

Description

Welcome to 406 Prospect Place, a beautiful and intimate two unit new development located on the border of Prospect Heights and Crown Heights. This easily furnishable two bedroom one bath residence offers high-quality craftsmanship with sleek, stylish finishes, making it the perfect home for the modern design enthusiast.

Upon entering, you're welcomed with an abundance of natural light from the South-West exposure, filling the space with a warm and inviting ambiance. The kitchen highlights custom oak cabinetry with integrated under-cabinet LED lighting complimented by Statuary Marble countertops and backsplash. Ample storage and an exclusive Bosch appliance package merge both beauty and functionality to this culinary haven.

The bathroom showcases an elegant honed Carrara White Picket wet wall and flooring creating a stunning waterfall effect. The floating custom oak and Oyster White Carrara marble vanity is perfectly adorned with brushed gold Rbrohant fixtures. Topping it off with a deep soaking tub paired with a perfect green ceramic tub wall creating a spa-like demeanor. Additional apartment features include great storage and washer-dryer in unit.

Relax and recharge in the private 242 SF terrace, creating the perfect space to unwind after a long day or simply grilling and dining al fresco with friends. 406 Prospect Place is surrounded by cherished Brooklyn staples such as Olmsted, Mayfield, Chuko and Alta Calidad and just moments away from the magnificent Brooklyn Museum and Brooklyn Botanical Gardens. Offering excellent train access to Manhattan, a bounty of green space thanks to Prospect Park, fantastic entertainment, and nightlife options. Please call or e-mail today to schedule a private showing.

The complete offering terms are in an Offering Plan available from Sponsor. File NO. CD220167. Sponsor: GRAND PROSPECT GROUP LLC. 221 WEST 37TH STREET, 5TH FLOOR NEW YORK, NY 10018. Equal Housing Opportunity.

Features & Amenities

Interior Features

Smoke Free Building None Building Washer Dryer Install Allowed

Exterior Features

None Terrace

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 4
Style WalkUp

Financial Details

Common Charges $590/mo
RE Taxes $12,300/yr ($1,025/mo)
Original Price $1,200,000
Sale Price $1,180,000
Previous Price $1,200,000

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

90

Median Asking Price

$1.61M

Median $/Sqft

$990

Avg Days on Market

N/A

New This Week

6

Price Reduced

22%

Sold (30 Days)

2

Median Sale Price

$1.31M

Live data from RLS at REBNY • Updated 5/17/26, 6:10 PM EST

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Location

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406 PROSPECT Place #2, Crown Heights, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2016
Year Built
10 years old
4
Floors
2
Residential Units
R6A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $559,350
Land Value: $25,200
Exemptions: $0

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

Lot Area: 1,113 SF
Building Area: 3,740 SF
Built FAR: 3.36
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 $590 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $12,300, or roughly $1,025 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 2017, making it approximately 9 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: RLS10932830
First Listed: 10/19/2023
On Market: 10/19/2023
Price Changed: 2/8/2024
Closed: 2/7/2024
Contract Date: 10/19/2023

Listing Courtesy of Brown Harris Stevens Brooklyn LLC - Angely Rangel

Listing Contact: (718) 613-2824

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 5/17/2026 at 10:10 PM UTC

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