Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
866 Prospect Place

For Sale · Listing by Corcoran Group

866 Prospect Place

Crown Heights, Brooklyn

$3,499,000

Interested in this property?
Active For Sale Multi Family

$3,499,000

$583 per sq ft

866 Prospect Place

Crown Heights, Brooklyn

MLS® #RLS20091496

RLS at REBNY

Listing by Corcoran Group

7
Bedrooms
4
Baths
6,000
Sq. Ft.
1925
Year Built

Quick Summary

Bedrooms 7
Bathrooms 4
Living Area 6,000 sq ft
Lot Size 2,250 sq ft
Year Built 1925
Ownership None
Property Taxes $5,004/yr
Neighborhood Crown Heights
Floor 1 of 3

Property Highlights

  • Views: Other
  • Outdoor Space: Deck
  • Character: Pre-war building (1925)

Property Details

Type Multi Family
Ownership None
Total Rooms 18
Baths 4 Full
Floor 1 of 3
View Other
Pets Yes
Year Built 1925
Living Area 6,000 sq ft
Structure Type Townhouse
Furnished Unfurnished
Lot Size 2,250 sq ft
Parcel # 01234-0033
Block/Lot 01234/0033

Listing History

Event Date Price Change
Listed May 15, 2026 $3,250,000 -
Currently Jul 28, 2026 $3,499,000 +7.7%

Description

Elegant & Expansive Two Family on Leafy Prospect Place, Crown Heights North Historic District Welcome to 866 Prospect Place, a landmarked 6,000-square-foot (that's only $573 per square foot!) Renaissance Revival limestone built in 1897 by legendary architect George P. Chappell. Situated on an expansive 125-foot-deep lot on arguably one of the neighborhood's most architecturally significant bucolic blocks, this stately four-story, two-family residence offers an ideal configuration: a grand 4-bedroom owner's triplex over an income-generating big 3-bedroom garden-level apartment. The grandness of the house may not be underestimated. Generous light filters throughout the expansive home all day long. The striking limestone facade is adorned with carved floral reliefs, arched transoms and the structure has three polygonal bay windows. Limestones are noted for their durability and for their lovely gray hues. Inside, the airy, sunny Parlor Floor opens to a sweeping fluted staircase, soaring ceiling height, and a sun-drenched expansive living room featuring grand windows with details that are extraordinarily rare & beautiful. The rear of the Parlor Floor features a contemporary light-filled eat-in kitchen that flows seamlessly onto a private morning deck lush with foliage and full of potential. A regal dining room with vaulted ceilings, pocket doors, brass hardware, and original cabinetry wonderful for entertaining. Parquet flooring unifies the rooms with inlay bordering. The upper floors prioritize space and functionality. The third floor offers two generous bedrooms with dedicated en-suite baths, offering the luxury of privacy. The entire fourth floor serves as a dedicated primary sanctuary, boasting a bright & airy bedroom with treetop views, a marble-and-brass bathroom, two bright skylights, and two more versatile rooms - a home office, an art studio? More bedrooms? The 1,500-square-foot garden rental provides a reliable three-bedroom, one-bathroom floor-through high-income producing rental, replete with its own washer/dryer & dishwasher. The house is set behind a manicured front garden of boxwood & heirloom roses and is situated on one of the prettiest blocks in Brooklyn. The property features updated kitchens and baths, new appliances, the installation of a copper water main from lead (better for brain health!), new hot water heater and furnace systems. The basement is both dry and has high ceilings. 866 Prospect Place is a true architectural masterpiece. It has many unique and extraordinarily beautiful features. It is bright, airy, has wonderful flow and magnanimous proportions. Enjoy unparalleled access to Brower Park, The Children's Museum, the Brooklyn Botanic Garden, The Brooklyn Museum, Franklin Avenue & Vanderbilt Avenue vibrant dining scenes, Union Market and Farmers' Markets at both Brower Park and Prospect Park, the 2/3/4/5 on Eastern Parkway, and A-express trains. One of the owners is a licensed real estate professional. Showings by private appointment only.

Features & Amenities

Interior Features

Smoke Free See Remarks

Exterior Features

Private Outdoor Space Over60 Sqft Deck

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 3
Structure Townhouse

Financial Details

RE Taxes $5,004/yr ($417/mo)
Original Price $3,250,000
Previous Price $3,250,000

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

75

Median Asking Price

$1.29M

Median $/Sqft

$1,086

Avg Days on Market

N/A

New This Week

5

Price Reduced

23%

Sold (30 Days)

16

Median Sale Price

$1.45M

Live data from RLS at REBNY • Updated 7/28/26, 3:32 PM EST

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Location

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866 Prospect Place, Crown Heights, Kings County

Building Information

Official NYC property records for this building

1897
Year Built
129 years old
3
Floors
2
Residential Units
R6
Zoning District
Two Family Dwellings Historic District: Crown Heights North II Historic District

Tax & Assessment

Assessed Value: $211,920
Land Value: $32,040
Exemptions: $0

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

Lot Area: 2,250 SF
Building Area: 5,774 SF
Built FAR: 2.57
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

The current listed annual property tax is $5,004, or roughly $417 per month. Verify the current assessment with your attorney before closing.

This property has 7 bedrooms and 4 full bathrooms.

The listed interior living area is 6,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1925, making it approximately 101 years old.

This listing is None

Pet policy requires confirmation with Milton Coste. Additional notes: UnitNo

At the current list price of $3,499,000 for 6,000 sq ft, the asking price per square foot is approximately $583. 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: RLS20091496
First Listed: 5/15/2026
On Market: 5/15/2026
Price Changed: 5/30/2026
Contract Date: 5/15/2026

Listing Courtesy of Corcoran Group - Andrea Helen Ryder

Listing Contact: (917) 833-0009

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 7/28/2026 at 7:32 PM UTC

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Crown Heights Market Update

16 sales last 30 days · $1.29M median · 4.7 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood Crown Heights Borough Brooklyn
County Kings
Floor 1 of 3
Year Built 1925
First Listed 5/15/2026
Living Area 6,000 sqft
Annual Tax $5,004

Monthly Costs Estimate

Down Payment 20%

$699,800

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 $417
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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