$2,825,000 - $3,423,000
RENTED JAN 7, 2025
2 Beds
2 Baths
1,637 Sq Ft
$1,877 Price per Sq Ft

Last Sold December 13, 2021

Last sale price $2,700,000 $1,649 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $19,568/month

About This Home

As of December 2021

Introducing Residence 5C available for rent at One Prospect Park West

Spanning 1,637 square feet, this stunning two-bedroom, two-and-a-half-bathroom home offers a well-designed floor plan and direct, picturesque views of Prospect Park. With southeastern exposures and oversized windows, natural light pours into every room, providing an unbeatable combination of views and brightness that few homes in the building can match.

The entry gallery, a striking welcome to the residence, showcases a custom Frank Stella-inspired pattern on hand-laid reclaimed heart pinewood floors-a theme carried throughout the home. Just off the gallery is a 1920s-inspired powder room, complete with wainscoting, custom Workstead lighting, a beveled-edge mirror, and a washstand topped with elegant Calacatta Nero marble.

The dining room is perfectly positioned at the start of the entertaining area, seamlessly connected to the open kitchen and living room-ideal for hosting gatherings. A standout feature of Residence 5C is the custom dry bar, which includes ample storage and a wine fridge, nestled within a wall of cabinetry for additional convenience.

The kitchen is a chef's delight, featuring honed Estremoz marble countertops, a Calacatta Vagli marble island with a cast iron undermount sink, and a striking Brancusi-inspired Dornbracht chrome faucet. Equipped with high-end Wolf and Sub-Zero appliances and custom paneled cabinetry by Workstead, the kitchen offers both form and function. Thoughtfully designed, the cabinetry also includes slide-out drawers added by the current owners for extra utility. Two additional closets opposite the island further enhance the home's generous storage options. The kitchen flows into the great room through an open partition with elegant arched details, creating a spacious living area with oversized windows showcasing treetop views and an open sky.

The primary suite is a serene retreat, featuring custom oversized windows, detailed wall moldings, and a fully outfitted walk-in closet. The en-suite bathroom boasts luxurious Novelda Cream limestone slab walls and floors, Waterworks chrome fixtures, and a Bianco Dolomite marble-clad shower encased in a pyramid-glass and powder-coated steel door. A custom vanity with Calacatta Nero marble countertops and Duravit sinks adds an elevated, sophisticated touch. The secondary bedroom, equally tranquil, offers treetop views of Prospect Park, a double-door reach-in closet, and easy access to the second bathroom for added convenience.

Additional highlights of this remarkable home include dual-zone central air-conditioning, a full-size washer/dryer, walls of custom-fit closets, motorized shades on every window, and a separate storage cage and bike racks in the lower level for tenant use.

One Prospect Park West, originally built in the 1920s, blends Classic Revival architecture with modern luxury. Interiors, meticulously designed by the acclaimed Workstead studio, offer a thoughtful mix of historic charm and contemporary convenience. Residents enjoy an array of amenities, including a fully attended lobby, a library, a children's playroom, and a beautifully landscaped roof terrace featuring an apple orchard, lounge terrace, and sun deck. The outdoor kitchen, fitness studio, movement studio, steam room, and sauna provide an ideal space for relaxation and wellness. Additional amenities include a secured package room and an on-site resident manager.

Situated at the gateway to Park Slope, on the corner of Grand Army Plaza and Prospect Park, One Prospect Park West offers a rare opportunity to live in one of Brooklyn's most coveted neighborhoods. With the sprawling green space of Prospect Park just outside your door, you can enjoy the serenity of nature while remaining steps away from the vibrant city life of Brooklyn.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Nov 14, 2024
Sold by
Ippoliti Nicole and Kohli Aditya
Bought by
Ralf Holdings I Llc
Seller's Agent
Jay Glazer
Corcoran Group
Sold Price
$12,000
Views
2
Current Estimated Value
$3,073,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,061,094

Purchase Details

Listed on
Aug 11, 2021
Closed on
Dec 13, 2021
Sold by
One Ppw Owner Llc
Bought by
Ippoliti Nicole and Kohli Aditya
Seller's Agent
Zia O'Hara
Douglas Elliman Real Estate
List Price
$2,700,000
Sold Price
$2,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$2,160,000
Interest Rate
2.98%
Mortgage Type
Unknown

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ralf Holdings I Llc -- --
Ippoliti Nicole $2,700,000 --
Ippoliti Nicole $2,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wireless Propco Llc $277,173
Previous Owner One Ppw Owner Llc $2,160,000
Previous Owner Cmtg Jp Finance Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2025 01/07/25 Rented $12,000 0.0% --
12/09/2024 12/09/24 Under Contract -- -- --
10/01/2024 10/01/24 Price Changed $12,000 -13.7% $7 / Sq Ft
09/17/2024 09/17/24 For Rent $13,900 0.0% --
06/14/2023 06/14/23 Off Market $2,700,000 -- --
12/13/2021 12/13/21 Sold $2,700,000 0.0% $1,649 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $2,700,000 -- $1,649 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $28,387 $233,565 $6,696 $226,869
2023 $26,598 $216,826 $6,696 $210,130
2022 $24,768 $202,438 $6,696 $195,742
Source: Public Records

Agents Affiliated with this Home

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