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434 Prospect Place

434 Prospect Place, Brooklyn, NY 11238
3 Units
434 Prospect Place is a condo located in Prospect Heights, Brooklyn. The building was first built in 1931 and is 93 years old. It was first renovated and altered in 2015. The lot that the building was built on is 20 feet wide and 131 feet long. The official lot area is listed as 2,620 square feet. The building itself is 20 feet wide and 48 feet long. In total, 434 Prospect Place has a total floor area of 4,296 square feet. Of that, 4,296 square feet are used for residential purposes. There are a total of 3 units. Of those, 3 are residential units. There are no commercial units in this building. 434 Prospect Place has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 11 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 106 days Meaning, listings tend to sell at a median of $1,131 price per square foot. The transaction that took the longest to complete was unit B, listed on Mar 28, 2019 for $1,250,000. This particular unit ultimately sold 106 days later for $1,285,000. The most recent transaction was for unit A, sold for $2,125,000 on Jan 25, 2022. Fun fact, the oldest transaction we have on record took place on Sep 24, 1982. See the full transaction history for 434 Prospect Place below.

Prospect Heights, where 434 Prospect Place is located, has a median asking price of $1,600,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,285,000. For interested buyers, that means the building's median asking price is around 0.20% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Building Style

Prewar

Pet Policy

Dogs Allowed / Cats Allowed

Facilities

Storage Available

Outdoor Space

Garden

Laundry

Washer / Dryer Allowed
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210121 Unit 1
01/21/2021
1
3 Bed
3 Bath
2009 ft²
$2,150,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2009 ft²
$2,125,000 -1.16%
01/25/2022
-
Sharon Burroughs
Corcoran Group
20190328 Unit B
03/28/2019
B
3 Bed
2 Bath
1136 ft²
$1,250,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1136 ft²
$1,285,000 +2.80%
07/12/2019
Sungwon Hwang
Compass

Building Info

Overview

    General

  • Year Built: 1931
  • First Altered Year: 2015
  • Building Count: 1
  • Floor Count: 3
  • Total Unit Count: 3
  • Residential Unit Count: 3
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 2,620
  • Lot Size Depth Feet: 131
  • Lot Size Frontage Feet: 20
  • Building Depth: 48
  • Building Frontage: 20
  • Gross Building Area: 4,296

    Building Floor Area

  • Residential Building Floor Area: 4,296

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: R1
  • Lot Type: 0
  • Land Use: 02
  • Irregular Lot Code: N

Neighborhood

  • Community District: 308
  • City Council District: 35
  • Police Precinct: 77
  • Fire Company: E219
  • Health Area: 2710
  • Sanitation District Borough: 3
  • Sanitation Subsection: 1A
  • School District: 17

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6B

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1162
  • Lot: 7503
  • Borough Block Lot: 3011627503

    Address

  • Full Address: 434 Prospect Place
  • Condominium Number: 4006
  • Zip Code: 11238

Valuation

    Assessments Valuation

  • Assessed Total Value: $605,250
  • Assessed Land Value: $70,650

    Exemptions

  • Exempt Total Value: $118,897
  • Exempt Land Value: $0

About Northwestern Brooklyn



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Frequently Asked Questions

What neighborhood is 434 Prospect Place located in?
The 434 Prospect Place is a condo located in the neighborhood of Prospect Heights in Northwestern Brooklyn, Brooklyn.
What is the average sales price for listings in 434 Prospect Place?
The average sales price for units in 434 Prospect Place is $1,285,000 , or $1,131/sqft. currently.

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