285 PROSPECT PL #2C
About This Property
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 20, 2019 | No longer available | - | |
| No longer available | |||
| Jul 16, 2019 | Sold | ||
| Sold | |||
| Apr 23, 2019 | In contract | - | |
| In contract | |||
| Mar 19, 2019 | Listed by Corcoran Group | $550,000 | |
| Listed by Corcoran Group | |||
| | |||
|
2C is a completely renovated, move-in ready, one bedroom apartment in the heart of Prospect Heights.Step into the foyer and immediately notice the four over-sized windows that bring in beautiful light throughout the day. The chef-inspired kitchen was recently redone with Caesarstone countertops, subway tile backsplash and Perlick fridge/freezer drawers. For a true spa experience, the bathroom has heated floors, a 14-inch rain shower, marble walls, and a custom glass shower wall. For your added enjoyment, there is a built-in Bluetooth sound system with ceiling speakers, which allows you to play music from your phone.Nestled on a lovely tree-lined block, 285 Prospect Place is a well-run co-op with immediately available storage in the basement for only $20 a month. Bike racks are also available. There is also a shared backyard that is pin-drop quiet.The building is a short distance to the Grand Army Plaza 2 and 3 trains and the B and Q trains on 7th Ave/Flatbush. Additionally, Prospect Park and the Saturday Farmers Market is just down the street. Barclays Center, the Brooklyn Library, Brooklyn Museum, and Botanical Garden are also nearby. A grocery store, bars, and restaurants are just around the corner.There is an assessment of $97.89 until December 2020.
| |||
| Jul 7, 2014 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/01/2025
|
1 Bed
|
1 Bath
|
-
|
$599,000
1 Bed
1 Bath
|
$640,000
+6.84%
02/24/2026
|
Nadine Adamson
Brown Harris Stevens
| |
|
02/16/2022
|
1 Bed
|
1 Bath
|
-
|
$515,000
1 Bed
1 Bath
|
$515,000
07/07/2022
|
ANGELA L PETERKIN
AP Realty Group NY LTD
| |
|
04/28/2021
|
1 Bed
|
1 Bath
|
-
|
$650,000
1 Bed
1 Bath
|
$665,000
+2.31%
08/04/2021
|
Michael Simmon-Pappadakos
The Agency Brokerage
| |
|
04/20/2021
|
1 Bed
|
1 Bath
|
650 ft²
|
$515,000
1 Bed
1 Bath
650 ft²
|
$515,000
09/22/2021
|
Zachary Assael Berkowitz
Tungsten Property
| |
|
06/29/2020
|
3 Bed
|
2 Bath
|
-
|
$999,000
3 Bed
2 Bath
|
$999,000
02/22/2021
|
Tamara Abir
Compass
| |
|
07/01/2019
|
1 Bed
|
1 Bath
|
-
|
$530,000
1 Bed
1 Bath
|
$499,000
-5.85%
12/18/2019
|
Alexandra Gupta
Corcoran Group
| |
|
03/19/2019
|
1 Bed
|
1 Bath
|
-
|
$550,000
1 Bed
1 Bath
|
$540,000
-1.82%
07/16/2019
|
Lawrence Schier
Corcoran Group
| |
|
01/31/2017
|
1 Bed
|
1 Bath
|
-
|
$450,000
1 Bed
1 Bath
|
$450,000
02/05/2021
|
Alyssa Morris
Compass
| |
|
04/05/2016
|
2 Bed
|
1 Bath
|
-
|
$768,900
2 Bed
1 Bath
|
$768,900
07/12/2016
|
Alyssa Morris
Compass
| |
|
04/06/2015
|
1 Bed
|
1 Bath
|
600 ft²
|
$420,000
1 Bed
1 Bath
600 ft²
|
$420,000
11/23/2015
|
Georgine Paulin
Compass
| |
|
10/31/2014
|
1 Bed
|
1 Bath
|
-
|
$449,000
1 Bed
1 Bath
|
$480,000
+6.90%
02/03/2015
|
Jared Lafrenais
Douglas Elliman Real Estate
| |
|
06/26/2014
|
1 Bed
|
1 Bath
|
685 ft²
|
$415,000
1 Bed
1 Bath
685 ft²
|
$415,000
09/22/2014
|
Christine Muldoon
Compass
| |
|
06/18/2014
|
1 Bed
|
1 Bath
|
650 ft²
|
$425,000
1 Bed
1 Bath
650 ft²
|
$418,000
-1.65%
09/08/2014
|
Korie Nicole Enyard
The Corcoran Group
| |
|
01/29/2014
|
1 Bed
|
1 Bath
|
-
|
$399,000
1 Bed
1 Bath
|
-
07/07/2014
|
Tasha Trice
Halstead dba Brown Harris Stevens Residential Sales LLC
| |
|
06/10/2013
|
3 Bed
|
2 Bath
|
-
|
$849,000
3 Bed
2 Bath
|
$849,000
11/08/2013
|
Dawn Frojen
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017