RENTED APR 12, 2025

552 Prospect Place Unit 2 B Brooklyn, NY 11238

Crown Heights Neighborhood

Estimated Value: $1,264,804 - $1,550,000

2 Beds
2 Baths
1,000 Sq Ft
11,979 Sq Ft Lot

Last Sold May 11, 2021

Last sale price $1,175,000 $1,175 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,422/month

Highlights

  • Elevator
  • 4-minute walk to Park Place (S Line)
  • Central Air
  • Ebbets Field Middle School Rated 9+
  • Views
  • 5-minute walk to Stroud Playground

About This Home

As of April 2025

Parking Spot optional - 400/month! Owner occupied, showings are appointment only. Available May 15th.

Apartment 2B at 552 Prospect Place is a gorgeous two-bedroom, two-bathroom home featuring 10 foot ceilings, light from southern exposures, and your very own private balcony. Located in the 552 Prospect Place Condominium, in prime Crown Heights on the Prospect Heights border, the building features a virtual doorman, elevator, elegant lobby and lounge, bike room, and gym with Peloton bike.

The entry opens to a large thoughtfully designed dream kitchen. The dining area continues, and can easily accommodate a table for 10. The open chef's kitchen features custom-designed walnut and matte lacquer European cabinetry, ample storage, quartz countertops with a waterfall edge, a Fisher & Paykel refrigerator, dishwasher, five-burner range, and oven. The oversized Franke sink features Grohe fixtures, including a pull-out nozzle.

A hall closet hides a convenient and luxe Bosch washer and dryer.

The two bedrooms of the home are generously proportioned and filled with light from south facing windows. The primary bedroom includes an en-suite bathroom featuring a huge shower with Grohe fixtures. The vanities are custom walnut with Carrara marble counters.

Elegant wide-plank oak floors are found throughout the home. The apartment offers multi-zone heating and cooling.

Completed in 2021, the 22-residence 552 Prospect Place Condominium is a striking building with its brick and metal fa ade. The virtual doorman, elevator, package room with cold storage, bike room, gym, and private storage units comprise a perfect suite of amenities for its residents. The building is pet-friendly.

Found on a tree-lined residential block in prime Crown Heights between Franklin and Classon Avenues, the building is surrounded by all of the beloved shopping, dining, and other amenities of the neighborhood - La Flor Pizza, Cafe Mado, Shane's, Radio Bakery, Briscola Trattoria, and Agi's Counter are all close by. Stroll through the Brooklyn Museum, Botanical Gardens, or Prospect Park, a quick

552 Prospect Place is proximate to the Franklin Avenue 2/3/4/5- and C-train stations, as well as the Franklin Avenue Shuttle at Park Place.

Last Agent to Rent the Property

Phillip Johnson

Douglas Elliman Real Estate License #10401379887 Listed on: 04/12/2025

Douglas Elliman Real Estate

Co-Listed By

Peter Perez

Douglas Elliman Real Estate License #10401260855

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2020

Lot Details

  • 0.28

Parking

  • Garage

Home Design

  • 1,000 Sq Ft Home
  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Additional Features

  • South Facing Home
  • Central Air
  • Property Views

Listing and Financial Details

  • Property Available on 5/15/25
  • Legal Lot and Block 0027 / 01163

Community Details

Overview

  • 22 Units
  • High-Rise Condominium
  • Crown Heights Subdivision
  • 6-Story Property

Amenities

  • Elevator

Condo Details

Home Type

Condominium

Year Built

Built in 2020

Lot Details

0.28 Acres

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2025-05-15

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Crown Heights
  • Entry Level: 2
  • Structure Type: High Rise
  • ResoPropertyType: ResidentialLease
  • Pets No Pets Comments: case by case,
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Features: Dining Area
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1000.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: Other
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building None, Washer Hookup, In Unit
  • Green Building Features: Elevator(s)
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 22
  • Total Stories: 6
  • Year Built: 2020

Tax Info

  • Tax Block: 01163
  • Tax Lot: 0027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
May 10, 2021
Sold by
554 Prospect Place Llc
Bought by
Killheffer Erin
Seller's Agent
Deborah Rieders
Corcoran Group
List Price
$1,195,000
Sold Price
$1,175,000
Premium/Discount to List
-$20,000
-1.67%
Current Estimated Value
$1,377,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,951
Avg. Annual Appreciation
3.33%
Original Mortgage
$822,500
Outstanding Balance
$744,225
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$633,726
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Killheffer Erin $1,225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Killheffer Erin $822,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2025 04/12/25 Rented $6,400 +6.7% --
04/12/2025 04/12/25 Under Contract -- -- --
04/01/2025 04/01/25 For Rent $6,000 0.0% --
05/11/2021 05/11/21 Sold $1,175,000 -1.7% $1,175 / Sq Ft View Prior Sale
12/15/2020 12/15/20 For Sale $1,195,000 -- $1,195 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
Source: Real Estate Board of New York (REBNY)

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
2025 $15,035 $124,761 $13,745 $111,016
2024 $15,035 $129,117 $13,745 $115,372
2023 $14,295 $121,033 $13,745 $107,288
2022 $14,000 $117,054 $13,745 $103,309
2021 $12,509 $105,914 $13,745 $92,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20013151

Real Estate Board of New York (REBNY)

APN: 01163-1004

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