285 Prospect Place

285 Prospect Place is a Co-op located in Prospect Heights, Brooklyn. The building was first built in 1925 and is 99 years old. It was first renovated and altered in 2015. The lot that the building was built on is 53 feet wide and 131 feet long. The official lot area is listed as 7,225 square feet. The building itself is 53 feet wide and 108 feet long. In total, 285 Prospect Place has a total floor area of 19,564 square feet. Of that, 19,564 square feet are used for residential purposes. There are a total of 23 units. Of those, 23 are residential units. 285 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. For your convenience, laundry is located in the building. Love to bike? Store your bike in the building's bike storage rather than your own apartment. Alternatively, take a stroll around the building's courtyard and garden. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 34 closings on record, of which we have matching data for 15 listings. In the past 3 years, a listing in this building will typically remain on the market for about 139 days Meaning, listings tend to sell at a median of $677 price per square foot. The transaction that took the longest to complete was unit 4E, listed on Jun 29, 2020 for $1,195,000. This particular unit ultimately sold 238 days later for $999,000. The most recent transaction was for unit 4C, which was first advertised on Feb 16, 2022, sold for $515,000 on Jul 07, 2022. Fun fact, the oldest transaction we have on record took place on Oct 06, 1966. See the full transaction history for 285 Prospect Place below.

Prospect Heights, where 285 Prospect Place is located, has a median asking price of $837,500 for co-op buildings. Meanwhile, the building itself has a median asking price of $515,000. For interested buyers, that means the building's median asking price is around 0.39% 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.

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.