Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,630,000

· Closed November 23, 2022

948 PROSPECT Place #NA
Closed For Sale Multi Family

$1,630,000

$429 per sq ft

948 PROSPECT Place #NA

Crown Heights, Brooklyn

MLS® #RLS10810531

RLS at REBNY

Listing by Corcoran Group

7

Bedrooms

5

Baths

3,800

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 7
Bathrooms 5
Living Area 3,800 sq ft
Year Built N/A
Neighborhood Crown Heights

Property Highlights

  • Location: Crown Heights, Brooklyn
  • Property Type: Multi Family

Property Details

Type Multi Family
Total Rooms 17
Baths 5 Full
Pets Yes
Living Area 3,800 sq ft
Parcel # 01235-0036

Listing History

Event Date Price Change
Listed Apr 27, 2022 $1,800,000 -
Price Reduced Nov 28, 2022 $1,700,000 -5.6%
Currently May 18, 2026 $1,630,000 -4.1%

Description

Get an enormous amount of square footage and rooms for a low price per square foot in this 21ft wide, 60-61ft deep, three-story home built in 2002 between New York and Brooklyn Aves.

Prime Crown Heights directly on border of CH North Historic District, around corner from Brooklyn Children's Museum and Brower Park, and a few short blocks from restaurants, bars, cafes and nightlife on Nostrand and Franklin Aves. Plus two parking spots in front.

A good opportunity for either an investor .... or a primary resident looking for a large home and parking, plus significant rental space to help pay the mortgage. Public record states building as 4368sf on a 21x128ft lot, buildable to as much as 6529sf. Floor-planner measured building 21ft wide by 60-61ft deep for approximately 3800sf as currently built. Large backyard, balcony on top floor.

Legal 2-family, currently configured with two 3BR 2bath rental apartments above and a separate living space on the first floor. Two alternate layout floor-plans show 4.5BR 3bath duplex plus 3BR 2bath rental reconfigurations (not professionally evaluated, consult with an architect to determine feasibility of any alternate layout/alterations). Current tenants month to month, can be delivered vacant.

Features & Amenities

Appliances

Washer Dryer Allowed

Building Information

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

5

Price Reduced

22%

Sold (30 Days)

2

Median Sale Price

$1.31M

Live data from RLS at REBNY • Updated 5/18/26, 2:33 AM EST

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Location

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948 PROSPECT Place #NA, Crown Heights, Kings County

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3

Building Information

Official NYC property records for this building

2002
Year Built
24 years old
3
Floors
2
Residential Units
R6
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $103,860
Land Value: $27,240
Exemptions: $0

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

Lot Area: 2,687 SF
Building Area: 4,368 SF
Built FAR: 1.63
Allowed FAR: 2.43

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

This property has 7 bedrooms and 5 full bathrooms.

The listed interior living area is 3,800 square feet. Verify dimensions independently during due diligence.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,630,000 for 3,800 sq ft, the asking price per square foot is approximately $429. 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 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: RLS10810531
First Listed: 4/27/2022
Price Changed: 11/28/2022
Closed: 11/23/2022
Contract Date: 4/27/2022

Listing Courtesy of Corcoran Group - Jonah Cohen

Listing Contact: (413) 429-6781

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 6:33 AM UTC

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