375 Prospect Pl #2B
About This Property
ntroducing 375 Prospect Place -- an architecturally designed boutique 8-unit condominium residence on a beautiful tree-lined and brownstone-rich street in vibrant Prospect Heights. Its bold exterior beautifully showcases the strategic placement of its windows that allow for daylight to flood every unit in addition to interior floor plans that maximize every inch of living space.
You'll appreciate the wide plank 4-inch white oak flooring that graces every unit as well as the imported high performance triple pane windows for energy efficiency, reducing sound and resisting condensation. Kitchens are sleekly modern and radiate style with polished Quartz countertops, bright white cabinetry, stainless steel Bosch and KitchenAid appliances. If you enjoy cooking, you'll be drawn to the cutting-edge Bosch Magnetic Induction Range. With the option of using direct, responsive heat for an entire zone, you'll have the capability to heat food two times faster than electric ranges.
Unwind and recharge in the spa-like and well-organized bathrooms equipped with high performance porcelain stoneware flooring. Enormous and uncluttered, these sanctuaries offer high-end custom-built vanities, stunning Grohe fixtures, generous Kohler soak-in' tubs, and clean white and grey Statuario Venato ceramic tiles.
When you live at 375 Prospect Place, you'll be in the center of the Brooklyn as everyone thinks of it - crowded, close to Manhattan, swarming with ethnic flair, unusual shopping venues, multicultural restaurants and the magnificent Prospect Park. From baseball to bicycling, skating to nature programs, there are hundreds of ways to enjoy these 585 acres of scenic beauty. Grand Army Plaza features some of the largest, most impressive buildings in all of Brooklyn: the Brooklyn Public Library, which is the site for the colorful West Indian Parade every Labor Day, the beautiful Botanic Gardens and the striking Brooklyn Museum. Sample spicy Mexican cuisine at Chavella's or check out Tooker Alley, the speakeasy style bar on Washington. For the most delicious pizza, head over to Franny's and for Middle Eastern fare, reserve a table at Zaytoon's. When the mood strikes for West Indian/Caribbean food, you'll find the best at The Islands or Gladys' on Franklin. And lastly, your Saturdays will be spent strolling through the most amazing Farmers Market at Grand Army Plaza for the freshest meats and produce.
This is truly the best of Brooklyn just minutes away from Manhattan via 6 train lines: B, Q, F, G, #2 an #5.
*813.77 Square Feet
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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%.
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/10/2023
|
2 Bed
|
1 Bath
|
1045 ft²
|
$1,280,000
2 Bed
1 Bath
1045 ft²
|
$1,280,000
02/22/2024
|
Charles Pigott
Corcoran Group
| |
|
05/21/2021
|
1 Bed
|
1 Bath
|
814 ft²
|
$770,000
1 Bed
1 Bath
814 ft²
|
$770,000
09/28/2021
|
Jordan Shea
Douglas Elliman Real Estate
| |
|
01/20/2021
|
2 Bed
|
1 Bath
|
-
|
$1,125,000
2 Bed
1 Bath
|
$1,095,000
-2.67%
06/02/2021
|
Jessica Buchman
Corcoran Group
| |
|
09/16/2016
|
Studio
|
1.5 Bath
|
1046 ft²
|
$975,000
Studio
1.5 Bath
1046 ft²
|
-
-
|
Douglas Perlson
Perlson Douglas J
| |
|
05/05/2016
|
1 Bed
|
1 Bath
|
813 ft²
|
$810,000
1 Bed
1 Bath
813 ft²
|
$810,000
03/15/2017
|
Douglas Perlson
RealDirect Brokerage Services
| |
|
03/04/2016
|
2 Bed
|
1 Bath
|
-
|
$1,195,000
2 Bed
1 Bath
|
$1,241,250
+3.87%
10/11/2016
|
Douglas Perlson
RealDirect Brokerage Services
| |
|
10/02/2015
|
1 Bed
|
1 Bath
|
813 ft²
|
$825,000
1 Bed
1 Bath
813 ft²
|
$799,326
-3.11%
02/05/2021
|
Douglas Perlson
Perlson Douglas J
| |
|
10/02/2015
|
2 Bed
|
1 Bath
|
1053 ft²
|
$1,050,000
2 Bed
1 Bath
1053 ft²
|
$1,050,000
09/09/2016
|
Douglas Perlson
RealDirect Brokerage Services
|
Building Info
- 8 Units
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017