12
Map
$2,245,000
●
Condo -
In Contract
357 PROSPECT Place #2A
Brooklyn, NY 11238
3 Beds
2 Baths
1,430 Ft²
$12,278
Est. Monthly
$1,254
HOA / Fees
2.52%
Cap Rate
About This Property
Welcome to 357 Prospect Place, 2A, a rare Prospect Heights home
that delivers something almost impossible to find: a private
backyard with an apartment that is not on the ground floor. Even
better, there are no stairs. Enjoy your off your own private
elevator entrance and directly into a bright, thoughtfully laid out
three bedroom in excellent condition, where nearly 900 square feet
of elevated outdoor space is yours alone.
South facing windows pour natural light through the main living areas all day long. The living room is generously proportioned with space for a couch and chairs. The current owners installed a projector that they will leave for the next owners as well. A proper dining room and a well appointed kitchen each allow real separation between spaces for cooking, gathering, and relaxing.
The defining feature of 2A is of course the outdoor space. The primary bedroom opens onto a private balcony that leads to your own garden. Once situated in the backyard, there is plenty of shade coverage from a large tree and ample privacy.
The primary bedroom has ample space for a king bed and includes a walk in closet and en suite bath. The two additional bedrooms could fit a queen bed if desired and have ample closet space. In unit washer and dryer and two full bathrooms complete the picture. A storage unit is deeded in the basement as well.
The location is quintessential Prospect Heights. You are on the same block as Underhill Playground and one block from the Vanderbilt Avenue Open Streets, home to neighborhood favorites like Gertrude's, Grimm Tavern, and Wallace Wine Bar. Radio Bakery and Gold Star Beer Counter are two blocks away on Underhill Avenue. Washington Avenue is right there too, with Bearded Lady and the newly opened Zig Zag, and a grocery store sits right on the corner for everyday ease.
Convenient access to the B,Q at 7th Avenue, the 2,3 at Grand Army Plaza, or the C at Clinton-Washington Avenue. You're also five blocks from the Central Library, the Brooklyn Museum, the Brooklyn Botanic Garden, and Prospect Park.
South facing windows pour natural light through the main living areas all day long. The living room is generously proportioned with space for a couch and chairs. The current owners installed a projector that they will leave for the next owners as well. A proper dining room and a well appointed kitchen each allow real separation between spaces for cooking, gathering, and relaxing.
The defining feature of 2A is of course the outdoor space. The primary bedroom opens onto a private balcony that leads to your own garden. Once situated in the backyard, there is plenty of shade coverage from a large tree and ample privacy.
The primary bedroom has ample space for a king bed and includes a walk in closet and en suite bath. The two additional bedrooms could fit a queen bed if desired and have ample closet space. In unit washer and dryer and two full bathrooms complete the picture. A storage unit is deeded in the basement as well.
The location is quintessential Prospect Heights. You are on the same block as Underhill Playground and one block from the Vanderbilt Avenue Open Streets, home to neighborhood favorites like Gertrude's, Grimm Tavern, and Wallace Wine Bar. Radio Bakery and Gold Star Beer Counter are two blocks away on Underhill Avenue. Washington Avenue is right there too, with Bearded Lady and the newly opened Zig Zag, and a grocery store sits right on the corner for everyday ease.
Convenient access to the B,Q at 7th Avenue, the 2,3 at Grand Army Plaza, or the C at Clinton-Washington Avenue. You're also five blocks from the Central Library, the Brooklyn Museum, the Brooklyn Botanic Garden, and Prospect Park.
Unit Size
1,430 Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,570
Property Type
Condo
Property Taxes
-
HOA Dues
$1,254
Year Built
2014
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 days ago (RLS #RLS20110370)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2026 | In contract | - | |
| In contract | |||
| Aug 6, 2026 | Listed by Decode Real Estate | $2,245,000 | |
| Listed by Decode Real Estate | |||
| Jun 7, 2016 | Sold | ||
| Sold | |||
| Jul 22, 2015 | Listed by Aptsandlofts.com | $1,449,000 | |
| Listed by Aptsandlofts.com | |||
| | |||
|
New aptsandlofts.com Exclusive Introducing the grand opening of 357 Prospect Place Condominiums a brand new addition to the vibrant streetscapes of Prospect Heights, Brooklyn, please email us at [email protected] Experience the pinnacle of boutique city living at 357 Prospect Place, Prospect Heights?s newest condominium development located minutes away from prized neighborhood landmark, Prospect Park. Nestled in between charming nineteenth-century brownstones, 357 Prospect Place is comprised of one, two and three-bedroom residences with stunning modern finishes, a cozy atmosphere and a contemporary elegance that is certain to capture your attention. White oak herringbone patterned hardwood floors and spacious layouts set the tone for an impeccable interior design concept. Entertain guests in your new chef?s kitchen complete with custom white and wood grain cabinetry accented by White granite countertops, Carerra herringbone backsplashes and lustrous stainless steel appliances by Fisher & Paykel and Bertazzoni. Relax and recharge in your soothing, spa inspired bathrooms which feature deep-soaking bathtubs or stand-up showers, and are highlighted by a beautiful combination of warm toned marble and limestone and accented by stunning custom designed walnut vanities. Additional features include a passenger elevator, oversized windows, central heating and cooling, washer/dryer connections, and private outdoor space in select units. 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. Meet your friends for Sunday brunch on Vanderbilt Avenue, imbibe in unique cocktails and raw bar at The Bearded Lady on Washington or spend an evening at Cookland for an upscale dining experience. Shop for local, seasonal and farm-fresh produce at nearby Grand Army Plaza, where Greenmarket's flagship Brooklyn market resides. And be sure to visit the Barclays Center, home of the NBA's Brooklyn Nets and future home of the NY Islanders, located just moments away in the northwestern corner of the neighborhood. Travel anywhere within Brooklyn or Manhattan via seven subway lines nearby, including the C train at Washington Avenue & 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. This is not an offering. The complete offering terms are available in an offering terms from the sponsor, Prospect Upreal LLC, CD #14-0174
| |||
| Jul 7, 2015 | Listed by Aptsandlofts.com | $1,449,000 | |
| Listed by Aptsandlofts.com | |||
| | |||
|
New aptsandlofts.com Exclusive Introducing the grand opening of 357 Prospect Place Condominiums a brand new addition to the vibrant streetscapes of Prospect Heights, Brooklyn, please email us at [email protected] Experience the pinnacle of boutique city living at 357 Prospect Place, Prospect Heights?s newest condominium development located minutes away from prized neighborhood landmark, Prospect Park. Nestled in between charming nineteenth-century brownstones, 357 Prospect Place is comprised of one, two and three-bedroom residences with stunning modern finishes, a cozy atmosphere and a contemporary elegance that is certain to capture your attention. White oak herringbone patterned hardwood floors and spacious layouts set the tone for an impeccable interior design concept. Entertain guests in your new chef?s kitchen complete with custom white and wood grain cabinetry accented by White granite countertops, Carerra herringbone backsplashes and lustrous stainless steel appliances by Fisher & Paykel and Bertazzoni. Relax and recharge in your soothing, spa inspired bathrooms which feature deep-soaking bathtubs or stand-up showers, and are highlighted by a beautiful combination of warm toned marble and limestone and accented by stunning custom designed walnut vanities. Additional features include a passenger elevator, oversized windows, central heating and cooling, washer/dryer connections, and private outdoor space in select units. 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. Meet your friends for Sunday brunch on Vanderbilt Avenue, imbibe in unique cocktails and raw bar at The Bearded Lady on Washington or spend an evening at Cookland for an upscale dining experience. Shop for local, seasonal and farm-fresh produce at nearby Grand Army Plaza, where Greenmarket's flagship Brooklyn market resides. And be sure to visit the Barclays Center, home of the NBA's Brooklyn Nets and future home of the NY Islanders, located just moments away in the northwestern corner of the neighborhood. Travel anywhere within Brooklyn or Manhattan via seven subway lines nearby, including the C train at Washington Avenue & 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. This is not an offering. The complete offering terms are available in an offering terms from the sponsor, Prospect Upreal LLC, CD #14-0174
| |||
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Property Highlights
Elevator
Interior Details
Full Bathrooms: 2
Interior Features: Storage
Appliances: Dishwasher
Laundry Features: Washer Hookup, In Unit, BuildingOther
Rooms: 5
Basement: Other
Exterior Details
Square Footage: 1430
Year Built: 2016
Patio and Porch Features: None, Balcony
Pool Features: BuildingNone
Tax Lot: 1103
Utilities Details
Cooling Type: Other
Location Details
HOA Fee: $1,254
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
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
Prospect Contemporary
357 Prospect Place, Brooklyn, NY 11238
- 11 Units
- 1 Unit for Sale
About Northwestern Brooklyn
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Listed by: Kathryn Johnson
Listing Courtesy of Decode Real Estate
Last Updated: 5 days ago
Last Checked: 6 minutes ago
Data Source: REBNY (©2026 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Decode Real Estate
Last Updated: 5 days ago
Last Checked: 6 minutes ago
Data Source: REBNY (©2026 Real Estate Board of New York)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017