11
Map
357 Prospect Place #1A
About This Property
The lower level has its own entrance/exit and is used as a 2nd bedroom/ private suite complete with its own half bath and great storage availability. The stacked washer/dryer is also located on the lower level. White oak herringbone patterned hardwood floors and a spacious layout set the tone for an impeccable interior design concept. Entertain guests in your fully equipped kitchen complete with custom white and wood grain cabinetry accented by granite counters. Carerra herringbone backsplashes and top of the line stainless steel appliances by Fisher & Paykel and Bertazzoni. Relax and recharge in your soothing, spa inspired bathrooms which features a deep-soaking bathtub, and highlighted by a beautiful combination of warm toned marble and limestone and accented by stunning custom designed walnut vanities. Additional features include oversized windows, CENTRAL AC and HEAT, and in unit WASHER/DRYER.
357 Prospect Place is a 7-Unit boutique condominium with seven exclusive units. Situated in prime Prospect Heights, the building is located nearby playgrounds, restaurants, bakeries and cafes, and Vanderbilt Avenue. Nearby subway lines are: B, Q, 2, 3, and C trains all within easy reach.
In Prospect Heights, natural and cultural attractions flourish with the Brooklyn Public Library, the Brooklyn Botanic Garden, Brooklyn Museum and magnificent Prospect Park literally at your fingertips. Shop for local, seasonal and farm-fresh produce at nearby Grand Army Plaza, where Greenmarket's flagship Brooklyn market resides.
LOW COMMON CHARGES AND TAXES.
Listed By
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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%.
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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 |
|---|---|---|---|
| Aug 17, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Price Decreased |
$775,000
↓ $50K
(6.1%) | |
| Price Decreased | |||
| Jun 11, 2026 | Price Decreased |
$825,000
↓ $70K
(7.8%) | |
| Price Decreased | |||
| May 1, 2026 | Price Decreased |
$895,000
↓ $100K
(10.1%) | |
| Price Decreased | |||
| Mar 24, 2026 | Price Decreased |
$995,000
↓ $100K
(9.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/20/2025
|
3 Bed
|
2 Bath
|
1430 ft²
|
$1,990,000
3 Bed
2 Bath
1430 ft²
|
$2,215,000
+11.31%
05/27/2025
|
Kathryn Johnson
Sotheby's International Realty, Inc.
| |
|
04/19/2022
|
2 Bed
|
2 Bath
|
-
|
$1,775,000
2 Bed
2 Bath
|
$1,775,000
06/23/2022
|
Jan Rosenberg
Prudential Douglas Elliman Real Estate
| |
|
04/06/2017
|
1 Bed
|
1 Bath
|
683 ft²
|
$800,000
1 Bed
1 Bath
683 ft²
|
-
-
|
Tyler Whitman
The Agency Brokerage
| |
|
10/21/2015
|
1 Bed
|
1 Bath
|
1230 ft²
|
$1,250,000
1 Bed
1 Bath
1230 ft²
|
-
06/29/2016
|
David Chi
Citi Habitats, Inc.
| |
|
12/24/2015
|
1 Bed
|
1 Bath
|
788 ft²
|
$725,000
1 Bed
1 Bath
788 ft²
|
-
06/09/2016
|
David Chi
Citi Habitats, Inc.
| |
|
05/07/2015
|
1 Bed
|
1 Bath
|
712 ft²
|
$825,000
1 Bed
1 Bath
712 ft²
|
-
-
|
David Chi
Elliman
| |
|
08/25/2015
|
1 Bed
|
1 Bath
|
683 ft²
|
$795,000
1 Bed
1 Bath
683 ft²
|
-
06/03/2016
|
Kevin Kemble
Citi Habitats, Inc.
| |
|
05/07/2015
|
3 Bed
|
2 Bath
|
1430 ft²
|
$1,449,000
3 Bed
2 Bath
1430 ft²
|
-
-
|
Kevin Kemble
The Corcoran Group
| |
|
07/07/2015
|
2 Bed
|
2 Bath
|
1161 ft²
|
$1,300,000
2 Bed
2 Bath
1161 ft²
|
-
06/02/2016
|
John Winters
Aptsandlofts.com
|
Building Info
- 11 Units
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017