1405 Prospect Place

1405 Prospect Place is a Co-op located in Weeksville, Brooklyn. The building was first built in 1910 and is 114 years old. The lot that the building was built on is 100 feet wide and 128 feet long. The official lot area is listed as 12,711 square feet. The building itself is 100 feet wide and 108 feet long. In total, 1405 Prospect Place has a total floor area of 38,520 square feet. Of that, 38,520 square feet are used for residential purposes. There are a total of 40 units. Of those, 40 are residential units. 1405 Prospect Place has a total of 4 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Both dogs and cats are allowed in the building! There are 19 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 236 days and tend to sell below the original asking price of $400,000 by 15.66%. Meaning, listings tend to sell at a median of $494 price per square foot. The transaction that took the longest to complete was unit A1, listed on Mar 30, 2021 for $395,000. This particular unit ultimately sold 344 days later for $370,000. The most recent transaction was for unit B1, sold for $410,000 on Aug 01, 2023. Fun fact, the oldest transaction we have on record took place on Apr 09, 1976. See the full transaction history for 1405 Prospect Place below.

Weeksville, where 1405 Prospect Place is located, has a median asking price of $410,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $400,000. For interested buyers, that means the building's median asking price is around 0.02% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $440,000. It is a 2-bedroom and 1-bathroom unit.