Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,710,000

· Closed August 22, 2016

295 Prospect Place
Closed For Sale Multi Family

$3,710,000

295 Prospect Place

Prospect Heights, Brooklyn

MLS® #RLS10058362

RLS at REBNY

Listing by The Corcoran Group

Studio

Bedroom

0

Bath

N/A

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Year Built 1931
Neighborhood Prospect Heights

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1931)

Property Details

Type Multi Family
Baths null Full
Pets Yes
Cross Street Vanderbilt Avenue / Underhill Avenue
Year Built 1931
Architectural Style Prewar
Parcel # 01152-0066
Block/Lot 1152/66

Listing History

Event Date Price Change
Listed Apr 12, 2016 $3,900,000 -
Price Reduced May 2, 2016 $3,475,000 -10.9%
Currently Jun 10, 2026 $3,710,000 +6.8%

Description

295 Prospect Place ~ Nestled on Prospect Place, arguably Prospect Heights most precious blocks you will find this spectacular 2 unit, 4 story home. No expense was spared in gut renovating this tasteful red brick turn of the century home complete with every creature comfort wrapped in a gracious and traditional town-home layout. Enter the parlor level and be blinded by the light streaming through the back glass and steel curtain wall architecture that transforms the entire building. The neutral reclaimed antique heart pine tongue and groove floors throughout the parlor are handsomely stained dark and the upper floors find them bleached and milky in color creating a beachy feeling. The working fireplace is the centerpiece of the front parlor living room as you pass into the fantastic center white marble chefs kitchen with Bosch and Liebherr appliances, custom mill-work and a handsome accommodating island that easily seats 6 for casual dining. The back parlor features the stunning dining room which looks out onto the new deck complete with grill with the lush and blooming back garden below. This level has a powder room tucked away as well as amazing storage too. Up one flight to the bedrooms and master with enormous ensuite spa bath. The top floor features an over-sized skylight that bathes the center of the house with beautiful light. The top floor den complete with custom mill-work is a perfect spot for movie night and quiet time alike. The lower level of the house has a tastefully renovated income producing 1 bedroom apartment with its own private entrance under the stoop. This unit too boasts the glass and steel curtain wall off the back, a fabulous new kitchen and spa bath. Central A/C and top floor laundry room are a few more luxuries to add to the list. Turn of the century details such as fireplaces and mantels, over-sized windows and lofty proportions also await you.

Building Information

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

$1.12M

Median $/Sqft

$1,248

Avg Days on Market

N/A

New This Week

3

Price Reduced

25%

Sold (30 Days)

5

Median Sale Price

$1.10M

Live data from RLS at REBNY • Updated 6/9/26, 11:26 PM EST

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Location

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295 Prospect Place, Prospect Heights, Kings County • Near Vanderbilt Avenue / Underhill Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1887
Year Built
139 years old
3
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings Historic District: Prospect Heights Historic District

Tax & Assessment

Assessed Value: $175,260
Land Value: $152,520
Exemptions: $0

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

Lot Area: 1,643 SF
Building Area: 3,336 SF
Built FAR: 2.03
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

According to MLS records, the building was constructed in 1931, making it approximately 95 years old.

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: RLS10058362
First Listed: 4/12/2016
Price Changed: 5/2/2016
Closed: 8/22/2016
Contract Date: 4/12/2016

Listing Courtesy of The Corcoran Group - Jessica Buchman

Listing Contact: (917) 579-8641

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 6/10/2026 at 3:26 AM UTC

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