357 PROSPECT PL #5A
About This Property
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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.
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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 23, 2022 | Sold | ||
| Sold | |||
| May 14, 2022 | In contract | - | |
| In contract | |||
| Apr 19, 2022 | Listed by Douglas Elliman Real Estate | $1,775,000 | |
| Listed by Douglas Elliman Real Estate | |||
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SUNNY PENTHOUSE OASIS: 2 Bedrooms, 2 Bathrooms, Full Terrace and Balcony! This boutique Prospect Heights condo unit offers a generous expanse of indoor and outdoor spaces. Natural light pours through oversized windows facing north, south and east, overlooking charming Prospect Heights. Enter the unit directly from the large keyed elevator and walk into the thoughtfully laid out, impeccably designed space. To the right is the stunning open layout chef's kitchen complete with custom white and wood grain cabinetry, accented by white granite countertops and Carrara herringbone backsplashes. Lustrous stainless steel appliances by Fisher & Paykel and Bertazzoni. Recessed and pendant lighting illuminate the space. The kitchen flows into the living and dining area which features one of the home's two outdoor spaces, providing a wall of natural light and a charming balcony. The well-proportioned custom designed entertainment and storage unit adds style and function to the living room. Connecting all the spaces are white oak herringbone patterned hardwood floors. Two generously sized, well separated bedrooms offer comfort and privacy. Each bedroom has excellent Elfa modular storage systems installed. Relax and recharge in your soothing, large spa like bathroom with warm-toned marble and limestone walk-in shower and double sink walnut vanities. The primary bedroom and hallway looks out onto a 220 sq ft L-shaped terrace with manicured potted planters. Hallway access makes this a perfect outdoor space, for both entertaining, gardening, and for quietly enjoying the neighborhood. Additional features for this unit include central heating and cooling, a stacked Bosch washer/dryer, and a large dedicated storage unit in the basement. Prospect Heights flourishes with life! Neighborhood amenities include the Brooklyn Public Library, Brooklyn Botanic Garden, Brooklyn Museum and magnificent Prospect Park. Enjoy many shopping and dining options nearby on Vanderbilt, Washington, and Flatbush Avenues, and throughout the neighborhood and in neighboring Park Slope. So many fine Brooklyn dining options, including Olmstead, Oxalis, Sofreh, and many more. Love cooking at home? Shop for local, seasonal and farm-fresh produce at nearby Grand Army Plaza's fabulous Greenmarket. Very near the Brooklyn Academy of Music (BAM) and the Barclay Center. Seven subway lines are all 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.
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| Jun 2, 2016 | Sold | ||
| Sold | |||
| Jul 22, 2015 | Listed by Aptsandlofts.com | $1,300,000 | |
| Listed by Aptsandlofts.com | |||
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New aptsandlofts.com Exclusive Introducing 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
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