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285 PROSPECT Place #2E
About This Property
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What does this mean?
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.
How is cap rate calculated?
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 |
|---|---|---|---|
| Sep 22, 2021 | Sold | ||
| Sold | |||
| Aug 10, 2021 | In contract | - | |
| In contract | |||
| Jun 3, 2021 | In contract | - | |
| In contract | |||
| Apr 20, 2021 | Listed by Tungsten Property | $515,000 | |
| Listed by Tungsten Property | |||
| |||
|
Welcome home to your charmed & spacious one-bedroom apartment located on a picture-perfect, tree-studded street in the prime of Prospect Heights.Unit 2E features hardwood floors, stainless appliances and space enough for many moods & moments with its cascading light & 9 foot high ceilings. An entrance hallway leads to an open living room anchored by an island kitchen suitable for both the chef and the casual home cook alike. An airy large bedroom hosts lovely built-in shelving with picture frame molding throughout offering yet another winsome detail.The building, a beautifully maintained pre-war co-op is just a stone's throw from Brooklyn's ever-stunning Prospect Park. Pet-friendly with a common backyard, bike room, and storage lockers for rent, both pied-a-terre & subletting are allowed with board approval.Less than a 5-minute walk from the Grand Army Plaza, 2,3,4 & the B & Q trains on Flatbush, you'll have an easy door-to-door commute virtually anywhere. For your leisure, the Botanical Gardens, Barclays Center, the Brooklyn Museum, as well as a variety of great shopping, restaurants & cafes are dotted throughout the neighborhood for your enjoyment. Contact Zach to come take a look today.
| |||
| Sep 9, 2014 | No longer available | - | |
| No longer available | |||
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