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1487 Prospect Place

1487 Prospect Place, Brooklyn, NY 11213
Condo in Weeksville
36 Units
1487 Prospect Place is a condo located in Weeksville, Brooklyn. The building was first built in 2007 and is 17 years old. It was first renovated and altered in 2009. The lot that the building was built on is 234 feet wide and 98 feet long. The official lot area is listed as 59,532 square feet. The building itself is 234 feet wide and 52 feet long. In total, 1487 Prospect Place has a total floor area of 36,900 square feet. Of that, 36,900 square feet are used for residential purposes. There are a total of 36 units. Of those, 36 are residential units. There are no commercial units in this building. 1487 Prospect Place has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 62 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 103 days Meaning, listings tend to sell at a median of $510 price per square foot. The transaction that took the longest to complete was unit 1, listed on Feb 12, 2016 for $399,000. This particular unit ultimately sold 123 days later for $0. The most recent transaction was for unit 1, sold for $600,000 on Jun 22, 2023. Fun fact, the oldest transaction we have on record took place on Sep 08, 2010. See the full transaction history for 1487 Prospect Place below.

Weeksville, where 1487 Prospect Place is located, has a median asking price of $645,000 for condo buildings. Meanwhile, the building itself has a median asking price of $437,000. For interested buyers, that means the building's median asking price is around 0.32% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20160212 Unit 1
02/12/2016
1
2 Bed
1 Bath
-
$399,000
bedrooms
2 Bed
bathrooms
1 Bath
-
06/14/2016
Shaniqua C Carter
Halstead dba Brown Harris Stevens Residential Sales LLC
20160204 Unit 2
02/04/2016
2
3 Bed
1 Bath
931 ft²
$475,000
bedrooms
3 Bed
bathrooms
1 Bath
square feet
931 ft²
$475,000
04/26/2016
Shaniqua C Carter
Halstead dba Brown Harris Stevens Residential Sales LLC

Building Info

Overview

    General

  • Year Built: 2007
  • First Altered Year: 2009
  • Building Count: 12
  • Floor Count: 3
  • Total Unit Count: 36
  • Residential Unit Count: 36
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 59,532
  • Lot Size Depth Feet: 98
  • Lot Size Frontage Feet: 234
  • Building Depth: 52
  • Building Frontage: 234
  • Gross Building Area: 36,900

    Building Floor Area

  • Residential Building Floor Area: 36,900

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: R3
  • Lot Type: 5
  • Land Use: 02
  • Irregular Lot Code: N

Neighborhood

  • Community District: 308
  • City Council District: 36
  • Police Precinct: 77
  • Fire Company: L123
  • Health Area: 5020
  • Sanitation District Borough: 3
  • Sanitation Subsection: 3A
  • School District: 17

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1362
  • Lot: 7502
  • Borough Block Lot: 3013627502

    Address

  • Full Address: 1499 Prospect Place
  • Condominium Number: 3326
  • Zip Code: 11213

Valuation

    Assessments Valuation

  • Assessed Total Value: $1,427,119
  • Assessed Land Value: $104,411

    Exemptions

  • Exempt Total Value: $1,369,099
  • Exempt Land Value: $0

About Central Brooklyn



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Frequently Asked Questions

What neighborhood is 1487 Prospect Place located in?
The 1487 Prospect Place is a condo located in the neighborhood of Weeksville in Central Brooklyn, Brooklyn.
What is the average sales price for listings in 1487 Prospect Place?
The average sales price for units in 1487 Prospect Place is $437,000 , or $510/sqft. currently.

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