701 Prospect Place, Unit 301

$1,375,000
Price
2
Beds
994 Sq. Ft.
$1,383 / Sq. Ft.
994
Sq. Ft.
$1,383
per Sq. Ft.

Description

The Residences at Prospect Place. Elevated Boutique Living in the Heart of Brooklyn. Introducing The Residences at Prospect Place, where private outdoor spaces in every unit, soaring ceilings, floor to ceiling picture windows, designer finishes, and garage parking create bespoke homes designed for a truly luxurious lifestyle. Life at 701 Prospect Place puts you in the epicenter of it all. Situated a block away from Franklin Avenue which offers an array of Michelin Rated Restaurants, gourmet take...The Residences at Prospect Place. Elevated Boutique Living in the Heart of Brooklyn. Introducing The Residences at Prospect Place, where private outdoor spaces in every unit, soaring ceilings, floor to ceiling picture windows, designer finishes, and garage parking create bespoke homes designed for a truly luxurious lifestyle. Life at 701 Prospect Place puts you in the epicenter of it all. Situated a block away from Franklin Avenue which offers an array of Michelin Rated Restaurants, gourmet take out, and chic cocktail bars and local shops. Ideally located blocks from Brooklyn's cultural hub with the Brooklyn Botanic Garden, The Brooklyn Museum, Brooklyn Children's Museum, Prospect Park and the historic and vibrant brownstone Brooklyn neighborhood where Prospect Place calls home. Introducing this bespoke, brand new spacious 2-bedroom, 2-bathroom condo with a south facing balcony which invites a seamless indoor-outdoor lifestyle. This stunning home features massive floor-to-ceiling windows that let in abundant southern light in the open-plan living room, dining room, and kitchen, with 7-inch oak floors imported from Spain and soaring 10-foot ceilings. This designer home blends a thoughtful, sun-flooded layout with a beautiful selection of luxurious, refined finishes. The chef's open kitchen boasts spacious honed Bria Elephantino quartz countertops, custom walnut-veneered Cucine cabinetry, an elegant Hansgrohe faucet, a Faber Inca oven hood, and a suite of high-end appliances including a Bosch dishwasher, Bertazzoni cooktop and oven, and a Fisher & Paykel refrigerator. The primary suite features a walk-in closet and a pristine en-suite bathroom with large-format Prissmacer porcelain tiles, a custom Lucena Bath double vanity, a mirrored medicine cabinet, Artos fittings, and a walk-in rainfall shower. The second bedroom has a reach-in closet, and the second bathroom has a deep Duravit soaking tub with shower. Central heating and cooling and an LG washer and dryer tower are also included. The Residences at Prospect Place is Crown Heights' newest boutique condominium. The Residences at Prospect Place has a common rooftop terrace with spectacular views for alfresco meals, entertaining, sun lounging, and more. Private garage parking spaces and two private rooftop cabanas are also available for purchase. Moments from Atlantic Avenue, Prospect Heights, and Barclays Center, the neighborhood offers an unparalleled blend of energy and charm. Convenient access to the A, C, 2, 3, 4, and 5 subway lines ensures a seamless connection to the rest of the city. The complete offering terms are in an offering plan available from sponsor. File no. Cd24-0334 prospect place brooklyn llc, 533 flatbush avenue, suite 313, brooklyn, ny 11225.

Property Details for 701 Prospect Place, Unit 301

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City
LISTING UPDATED: 12/15/2025 09:56 PM

Property Details for 701 Prospect Place, Unit 301

StatusActive
MLS IDRLS20052234
Days on Market82
Taxes$640 / month
Common Charges$628 / month
Min. Down Pymt80%
Total Rooms5.0
Compass TypeCondo
MLS TypeCondo
Year Built-
CountyKings County

Location

Listing Courtesy of Serhant
Add your commute

Building Information for 701 Prospect Place, Unit 301

Building/Complex701 Prospect PlFloor3Stories-Residences-Pet Policy-Pet Policy Details-Year Built-Building Age-

Payment Calculator

$2,967 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,699

Property Taxes

$640

Maintenance/Common Charges

$628

The Payment Calculator is for illustrative purposes only.

Property Information for 701 Prospect Place, Unit 301

Summary
Location and General Information
  • Subdivision Name: Crown Heights
  • Stories Total: 7
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 0026
  • Tax Deduction Percent: .00%
  • Tax Block: 01225
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Building Tax Lot: 0026
  • Tax Monthly Amount: 640.0
  • Tax Abatement YN: false
Parking
  • Garage: Yes
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 994.0
  • Living Area Units: SquareFeet
Building Information
  • Building Features: Elevators
  • Landmark Status YN: false
  • Building Laundry Features: Other
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: false
Property and Assessments
  • New Development: Yes
  • Sponsor Unit: Yes
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: Condominium
  • Number Of Shares: 0
  • New Construction: Yes
  • Structure Type: HighRise
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: Balcony
  • Patio And Porch Features: Terrace
Interior Features
  • Cooling: CentralAir
  • Entry Level: 3
  • Fireplace: No
  • Dining Type: Alcove
  • Kitchen Condition: Excellent
  • Floor Number: 3
  • Basement: No
  • Cooling: Yes
  • Laundry Features: WasherHookup, InUnit
  • Bathroom Condition: Excellent
  • ElevatorsTotal: 1
Multi Family
Multi-Family Information
  • Unit Line: 01
  • Number Of Units Total: 18
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Attendance Type: None
  • Land Lease: No

Property History for 701 Prospect Place, Unit 301

DateEvent & SourcePriceAppreciationLink
Oct 1, 2025

Listed (Active)

RLS RESO #RLS20052234

$1,375,000
DateEvent & SourcePrice
10/01/2025

Listed (Active)

RLS RESO #RLS20052234

$1,375,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 701 Prospect Place, Unit 301

This home is within New York City Geographic District #17.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
P.S. 138
PublicPK to 8

ASPIRATIONS DIPLOMA PLUS HIGH SCHOOL
Public9 to 12

The School Of Integrated Learning
Public6 to 8

Medgar Evers College Preparatory School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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701 Prospect Place, Unit 301 is a condo for sale in Crown Heights. This property was listed for sale on October 1, 2025 by Serhant, it's currently listed at $1,375,000. This listing's school district is New York City Geographic District #17. Nearby schools include P.S. 138, ASPIRATIONS DIPLOMA PLUS HIGH SCHOOL and The School Of Integrated Learning. 701 Prospect Place, Unit 301 is a 2-bed, 2-bath, 994 sqft condo.

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Listing Courtesy of Serhant

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.