Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
399 Sterling Place

For Sale · Listing by Compass

399 Sterling Place

Prospect Heights, Brooklyn

$3,995,000

Interested in this property?

$3,995,000

$1,061 per sq ft

399 Sterling Place

Prospect Heights, Brooklyn

MLS® #RLS20124222

RLS at REBNY

Listing by Compass

Open House Scheduled

Sunday, November 8 • 1:30 PM – 3:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

4
Bedrooms
4
Baths
3,764
Sq. Ft.
1901
Year Built

Quick Summary

Bedrooms 4
Bathrooms 4
Living Area 3,764 sq ft
Lot Size 2,282 sq ft
Year Built 1901
Ownership None
Property Taxes $10,677.84/yr
Neighborhood Prospect Heights
Floor 1 of 3

Property Highlights

  • Style: WalkUp architecture
  • Character: Pre-war building (1901)

Property Details

Type Single Family Residence
Ownership None
Total Rooms 11
Baths 4 Full
Floor 1 of 3
Pets Yes
Year Built 1901
Living Area 3,764 sq ft
Architectural Style WalkUp
Structure Type MultiFamily,Townhouse
Furnished Unfurnished
Lot Size 2,282 sq ft
Parcel # 01166-0080
Block/Lot 01166/0080

Listing History

Event Date Price Change
Listed Nov 4, 2026 $3,995,000 -
Currently Nov 5, 2026 $3,995,000 -

Description

Some houses are defined by their finishes. Others are defined by their character. At 399 Sterling Place, the original details tell the story. Set on a beautiful, tree-lined block in Prospect Heights, this four-story townhouse is ready for its next chapter, offering a rare opportunity to restore a home with remarkable architectural character. Spanning approximately 3,920 square feet, including the basement, the property measures 17.42 feet wide and sits on an exceptionally deep 131-foot lot. Configured as a legal three-family residence, the home offers an impressive footprint and room to explore a variety of possibilities. Its historic façade and original stoop offer a glimpse of what awaits inside: intricate moldings, decorative fireplace mantels, detailed woodwork, substantial paneled doors, and soaring ceilings. These are the kinds of details that give a Brooklyn townhouse its identity, and here, they remain the starting point for what comes next. The possibilities are considerable. Reimagine the property as an impressive single-family home, create a generous owner's residence with additional rental income, or explore a restored three-family configuration. With four full stories and a flexible existing layout, the next owner has the opportunity to shape the house around their own vision. Beyond the property, Prospect Heights offers a lively mix of dining, culture, and green space. Local restaurants include Panca BK, Fausto, and Gertrude's, while Prospect Park, the Brooklyn Museum, and the Brooklyn Botanic Garden are all nearby. The 2, 3, B, and Q trains provide convenient access to the rest of Brooklyn and Manhattan. For the buyer who appreciates the craftsmanship of an earlier era and understands the potential of a great townhouse, 399 Sterling Place is an opportunity to create something truly lasting. Bring your architect, bring your contractor, and imagine what this house could become.

Features & Amenities

Interior Features

See Remarks

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 3
Structure MultiFamily,Townhouse
Style WalkUp

Financial Details

RE Taxes $10,677.84/yr ($890/mo)

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

32

Median Asking Price

$1.25M

Median $/Sqft

$1,421

Avg Days on Market

N/A

New This Week

1

Price Reduced

19%

Sold (30 Days)

14

Median Sale Price

$1.37M

Live data from RLS at REBNY • Updated 11/4/26, 9:46 PM EST

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Location

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399 Sterling Place, Prospect Heights, Kings County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1898
Year Built
128 years old
3
Floors
3
Residential Units
R6B
Zoning District
Walk-Up Apartments Historic District: Prospect Heights Historic District

Tax & Assessment

Assessed Value: $217,560
Land Value: $26,160
Exemptions: $0

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

Lot Area: 2,282 SF
Building Area: 2,996 SF
Built FAR: 1.31
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 $0 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $10,677.84, or roughly $890 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 4 full bathrooms.

The listed interior living area is 3,764 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1901, making it approximately 125 years old.

This listing is None

Pet policy requires confirmation with Milton Coste.

At the current list price of $3,995,000 for 3,764 sq ft, the asking price per square foot is approximately $1,061. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.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: RLS20124222
First Listed: 11/4/2026
On Market: 11/4/2026
Price Changed: 11/4/2026
Contract Date: 10/20/2026

Listing Courtesy of Compass - Tali Berzak

Listing Contact: (917) 246-8581

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 11/5/2026 at 2:46 AM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Prospect Heights Market Update

14 sales last 30 days · $1.25M median · 2.3 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Single Family Residence Neighborhood Prospect Heights Borough Brooklyn
County Kings
Floor 1 of 3
Year Built 1901
First Listed 11/4/2026
Style WalkUp
Living Area 3,764 sqft
Annual Tax $10,677.84

Monthly Costs Estimate

Down Payment 20%

$799,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $890
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $3M to $4,999,999 at 1.50%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$59,925

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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