Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $965,000

· Closed October 23, 2024

338 Prospect Place #1C
Closed For Sale Condo

$965,000

338 Prospect Place #1C

Prospect Heights, Brooklyn

MLS® #RLS10991398

RLS at REBNY

Listing by Compass

2

Bedrooms

1.5

Baths

N/A

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2 full, 1 half
Year Built 1931
Ownership Condo
HOA/Common Charges $618/mo
Property Taxes $4,812/yr
Neighborhood Prospect Heights
Floor 1 of 5

Property Highlights

  • Outdoor Space: Patio
  • Style: WalkUp architecture
  • Character: Pre-war building (1931)

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 1 Full, 1 Half
Floor 1 of 5
Pets Yes, CatsOk, DogsOk
Year Built 1931
Architectural Style WalkUp
Flooring Hardwood
Furnished Unfurnished
Parcel # 01160-1004
Block/Lot 01160/1004

Listing History

Event Date Price Change
Listed Feb 5, 2024 $1,175,000 -
Price Reduced Oct 23, 2024 $999,000 -15.0%
Currently May 17, 2026 $965,000 -3.4%

Description

-Condo -Investor friendly -Full time doorman -Private outdoor space within a courtyard shared amongst three neighbors. In one of the most sought-after Prospect Heights Condominiums, this beautiful flex two-bedroom, one-and-a-half-bathroom duplex features spacious interiors, outstanding storage, a 300-square-foot outdoor space and a full-time doorman. The flexible floor plan begins on the upper level with a spacious living/dining room and a lovely windowed kitchen featuring sleek white cabinetry, a butcher-block countertop and stainless steel appliances. Tall ceilings and large east-facing windows, Hardwood floors, handsome millwork, solid-core doors, upscale hardware and beautiful lighting add a designer ambiance throughout. The windowed bedroom on this level is joined by an updated full bathroom with a large tub/shower and a marble console vanity. A spiral staircase leads to the expansive lower-level bedroom, where you'll find plenty of room for a home office, fitness area, or additional sleeping and living space. Three roomy closets, including a walk-in, and a powder room with a marble vanity and contemporary fixtures complete the layout. Outside, you have your own private outdoor space within a courtyard sectioned off and shared amongst three neighbors. Rivera Court is a stately 1931 condominium where residents enjoy 24-hour doorman service, a live-in superintendent, a bike room, smartcard laundry facilities, low monthly common charges and pet-friendly accommodations. Positioned directly next to the beloved Underhill Playground, the building also offers direct access to Grand Army Plaza, Prospect Park, the Brooklyn Library and The Botanical Garden and Museum. Enjoy an outstanding year-round farmer's market, and discover Park Slope's exceptional shopping, dining, and nightlife nearby. Transportation is effortless, with 2/3, B, Q, C, 4/5 and Franklin Avenue shuttle trains, excellent bus service, and CitiBike stations all nearby.

Features & Amenities

Interior Features

High Ceilings Common On Floor Common Area Flooring: Hardwood

Exterior Features

Courtyard Patio

Appliances

Dishwasher

Building Information

Building Data View Compliance & Permits
Total Units 51
Stories 5
Style WalkUp

Financial Details

Common Charges $618/mo
RE Taxes $4,812/yr ($401/mo)
Original Price $1,175,000
Sale Price $965,000
Previous Price $999,000

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

36

Median Asking Price

$1.47M

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 5/17/26, 6:55 PM EST

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Location

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338 Prospect Place #1C, Prospect Heights, Kings County

Floor Plans

Floor Plan 1
Floor Plan 2

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 $618 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $4,812, or roughly $401 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom and 1 half 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: RLS10991398
First Listed: 2/5/2024
On Market: 2/5/2024
Price Changed: 10/23/2024
Closed: 10/23/2024
Contract Date: 2/5/2024

Listing Courtesy of Compass - Hoffman Hildreth

Listing Contact: (646) 431-2260

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 10:55 PM UTC

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