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285 Prospect Place #4E
About This Property
Welcome to 285 Prospect Place #4E, a tastefully renovated 3 bed, 2 bath home in the heart of prime Prospect Heights.
This bright and airy apartment features an oversized, beautifully renovated and appointed kitchen with a large island/breakfast bar, stainless steel appliances, an abundance of built-in cabinets and generous counter space.
The sun-drenched living/dining room has plenty of space for unwinding, entertaining or working from home.
The master bedroom features built-in shelving, and a stylishly renovated master ensuite. Two further bedrooms complete this split floorplan and the third bedroom, currently set up with a space-saving loft bed, also functions as a quiet home office, perfect for those working from home.
With a second full bathroom, ample closet space, an in-unit washer and dryer and hardwood floors throughout, this gracious apartment is effortlessly stylish while remaining warm and inviting.
This beautifully maintained, pet-friendly pre-war coop building features a part-time super, common backyard, bike room and storage lockers available to rent. Pied-a-terre, co-purchasing and subletting are permitted with board approval.
Just minutes away from the bustling farmers market at Grand Army Plaza, the Brooklyn Museum, Brooklyn Botanical Gardens and fabulous dining and retail, this captivating home truly encapsulates the best of Brooklyn living.
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Cap Rate Calculator
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Feb 25, 2021 | No longer available | - | |
| No longer available | |||
| Feb 22, 2021 | Sold | ||
| Sold | |||
| Dec 3, 2020 | In contract | - | |
| In contract | |||
| Nov 6, 2020 | Price Decreased |
$999,000
↓ $151K
(13.1%) | |
| Price Decreased | |||
| Sep 19, 2020 | Price Increased |
$1,150,000
↑ $151K
(15.1%) | |
| Price Increased | |||
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