305 Prospect Place

305 Prospect Place is a Co-op located in Prospect Heights, Brooklyn. The building was first built in 1893 and is 131 years old. The lot that the building was built on is 29 feet wide and 100 feet long. The official lot area is listed as 2,900 square feet. The building itself is 29 feet wide and 70 feet long. In total, 305 Prospect Place has a total floor area of 7,192 square feet. Of that, 7,192 square feet are used for residential purposes. There are a total of 16 units. Of those, 16 are residential units. 305 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. 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 29 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 138 days Meaning, listings tend to sell at a median of $844 price per square foot. The transaction that took the longest to complete was unit 4A, listed on Oct 25, 2020 for $410,000. This particular unit ultimately sold 150 days later for $380,000. The most recent transaction was for unit 3A, sold for $0 on May 05, 2023. Fun fact, the oldest transaction we have on record took place on May 11, 1966. See the full transaction history for 305 Prospect Place below.

Prospect Heights, where 305 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 $397,500. For interested buyers, that means the building's median asking price is around 0.53% 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.