Crown Heights, Brooklyn, NY 11216
Property Type
Condo
Views
City
Central AC
Yes
Patio/Porch
Terrace, Balcony
Pets Allowed
Building Yes, No
Maintenance/CC
$463 (Monthly)
Financing Allowed
20%
RE Tax
$473 (Monthly)
Listing courtesy of Donna L Strugatz of Serhant.
SPECIAL EARLY SPRING INCENTIVE: FOR CONTRACTS SIGNED BY MAY 31, 2026, SPONSOR WILL PAY 2 YEARS OF COMMON CHARGES OPEN HOUSE IS BY APPOINTMENT ONLY, PLEASE CONTACT LISTING BROKER TO SCHEDULE 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 1-bedroom, 1-bathroom condo with a private eastern facing outdoor balcony which invites a seamless indoor-outdoor lifestyle. This stunning home features massive floor-to-ceiling windows that let in abundant eastern 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 bedroom features a walk-in closet and floor to ceiling eastern facing windows. The pristine full bathroom is wrapped in large-format Prissmacer porcelain tiles, and features a custom Lucena Bath vanity, a mirrored medicine cabinet, Artos fittings, and 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.
1
1
1
Brooklyn
20%
RLS20072613
745 Sqft
$463 (Monthly)
Crown Heights
Condo
$473 (Monthly)
City, F, S, T, Yes - City
Elevator(s)
Elevator(s)
1
Building Other, Washer Hookup, In Unit
High Rise
18
7
Condominium
Building Yes, No
Crown Heights
Brooklyn
Terrace, Balcony
City, F, S, T, Yes - City
$463 (Monthly)
$473 (Monthly)
20%
Dishwasher
Other
Yes - Central Air
Yes
Walk-In Closet(s)
3
Total$5,732.50/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
701 Prospect Place #302, New York City, NY
Open in Google Maps| Address | Size | Sold For |
|---|---|---|
| 345 Montgomery Street #3C #3CCrown Heights | 1 BR / 1 BA | $447,500 |
| 237 Albany Avenue #NA #NACrown Heights | 1 BR / 1.5 BA | $770,000 |
| 383 Lenox Road #3D #3DCrown Heights | 1 BR / 1 BA | $490,997 |
| 383 Lenox Road, #3D #3DCrown Heights | 1 BR / 1 BA | $490,997 |
| 591 Washington Avenue #1 #1Crown Heights | 1 BR / 1.5 BA | $1,040,000 |
| 382 Eastern Parkway #2B #2BCrown Heights | 2 BR / 1 BA | $813,000 |
| 496 Prospect Place, #GARDEN #GARDENCrown Heights | 2 BR / 1.5 BA | $1,495,000 |
| 496 Prospect Place, #5 #5Crown Heights | 2 BR / 2 BA | $1,425,000 |
| 496 Prospect Place, #3 #3Crown Heights | 2 BR / 2 BA | $1,325,000 |
| 406 Prospect Place, #2 #2Crown Heights | 2 BR / 1 BA | $1,180,000 |
| 1007 Bergen Street #1B #1BCrown Heights | 2 BR / 2.5 BA | $1,285,000 |
| 1007 Bergen Street #1A #1ACrown Heights | 2 BR / 2 BA | $1,385,000 |
Closed sales recorded by Brown Harris Stevens agents.

Crown Heights is a diverse Brooklyn neighborhood known for its rich cultural heritage, charming brownstones, and strong sense of community.
RLSat REBNYThis 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.
Last Updated: May 4, 2026 at 4:25 AM
RLS Data displayed by Brown Harris Stevens