SOLD FOR $1,500,000
Listed at $1,600,000 · Sold 6.3% below asking · Closed December 15, 2020
$1,500,000
$574 per sq ft
Listed at $1,600,000 $-100,000 vs asking
231 Prospect Avenue #*
MLS® #RLS10599771
Listing by New York Living Solutions
5
Bedrooms
3.5
Baths
2,613
Sq. Ft.
N/A
Year Built
Sale Details
Property Summary
Description
A investors dream in prime South Slope: a brick, sunlit, legal three-family home, loaded with prewar details and a massive backyard, located just 5 blocks from Prospect Park and just one block from the NYC subway. Featuring sun-drenched southwestern exposure throughout, this house promises unlimited potential, whether via a comprehensive renovation into a charming one or two-family home, a valuable three-family rental property, or even a new development site with a sought-after location. Situated on a spacious 20 x 131 lot, the building's current square footage of 2613 (including the basement) can legally be expanded to a whopping 5266 SF, providing endless possibilities. An investor's keen eye and thoughtful hand will unearth many prewar treasures: beneath its current flooring are the homes original hardwood floors, and its interior crown molding and ornate exterior cornice adds graceful detail. Currently configured as a two-family, with 5 bedrooms and 2.5 bathrooms, the house retains gas and plumbing connections for a third unit if desired. A new hot water heater and a recent gut-renovation of 1.5 of the bathrooms offers contemporary convenience and reliability. Step outside and enjoy beautiful Prospect Park, and stroll the stylish shops, bars and cafes of nearby Seventh Avenue. Commuting to Manhattan and the rest of Brooklyn is a breeze via the R train at Prospect Avenue or the F and G lines at Fourth Avenue. Families enjoy the benefit of just a five-minute walk from its zoned primary school, the high-performing and community-focused P.S. 295. Dont miss this high-potential prewar property in an unbeatable Brooklyn location.
Property Details
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Listing courtesy of Melissa Leifer at New York Living Solutions. 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. This 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.