357 Prospect Pl #1B
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 29, 2016 | Sold | ||
| Sold | |||
| Feb 27, 2016 | Listed by Halstead dba Brown Harris Stevens Residential Sales LLC | $1,125,000 | |
| Listed by Halstead dba Brown Harris Stevens Residential Sales LLC | |||
| | |||
|
Introducing Prospect Contemporary, the latest project to hit the Prospect Heights market. Apartments boast 9' ceilings and several units featuring open kitchens with oversized breakfast bars that flow into a generous living room and dining area. Kitchens are appointed with Viscon white granite countertops, undermount sinks with Danze single lever chrome faucet, stainless steel appliances including Fisher & Paykel and Bertazzoni, Arebescato Carrara marble herringbone backsplash, and custom wood cabinetry. The luxurious bathrooms include polished marble wall tile and honed marble floor tile in the master bath, chrome shower controls and faucets, Colossae Bone Limestone floor tile, deep-soaking bathtubs, custom wood vanities, and Toto commodes. Each apartment has also been outfitted with luxury fixtures, recessed hi-efficiency lighting, generous closet space, solid white oak herringbone hardwood floors, double paned windows, a high performance heating and cooling system allowing for personal climate control, floor-to-ceiling windows, a state-of-the-art voice and video intercom, and a washer and dryer hookup. Several units have private outdoor space and there is a common roof deck with stunning city views as well as a keyed elevator. 357 Prospect Place is a new boutique condominium development consisting of only seven units, offering an intimate selling experience. 357 Prospect Place is centrally located between Washington Avenue and Underhill Avenue with subway access via the C train at Washington Avenue and Fulton Street, the B & Q trains at 7th Avenue, the 2/3/4 trains at Grand Army Plaza and the S train at Park Place. Prospect Heights is a well-established and diverse neighborhood in the heart of Brownstone Brooklyn. It offers excellent train access to Manhattan, a bounty of green space thanks to Prospect Park, and fantastic entertainment, Brooklyn Museum, Brooklyn Zoo, and dining and nightlife options. The arrival of the Barclay's Arena has brought even more entertainment options, not the least of which is the Brooklyn Nets. This building is sandwiched between the Vanderbilt, Washington, and Franklin retail strips which have numerous grocery stores, coffee shops, bakeries, restaurants, and nightlife. This is not an offering. The complete offering terms are available in an offering terms from the sponsor, Prospect Upreal LLC, CD #14-0174
| |||
| Oct 21, 2015 | Listed by Citi Habitats, Inc. | $1,250,000 | |
| Listed by Citi Habitats, Inc. | |||
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017