$975,000
NEW CONSTRUCTION

701 Prospect Place Unit 302 Brooklyn, NY 11216

Crown Heights Neighborhood

Estimated payment $6,461/month

1 Bed
1 Bath
745 Sq Ft
$1,309 Price per Sq Ft

Highlights

  • New Construction
  • Terrace
  • Balcony
  • City View
  • Elevator
  • Central Air

About This Home

SPECIAL END OF WINTER INCENTIVE: FOR CONTRACTS SIGNED BY MARCH 31, 2026,

SPONSOR WILL PAY 2 YEARS OF COMMON CHARGES

The Residences at Prospect Place.

Elevated Boutique Living in the Heart of Brooklyn.

Introducing The Residences at Prospect Place, where private outdoor spaces in every unit, soaring ceilings, floor to ceiling picture windows, designer finishes, and garage parking create bespoke homes designed for a truly luxurious lifestyle.

Life at 701 Prospect Place puts you in the epicenter of it all. Situated a block away from Franklin Avenue which offers an array of Michelin Rated Restaurants, gourmet take out, and chic cocktail bars and local shops.

Ideally located blocks from Brooklyn's cultural hub with the Brooklyn Botanic Garden, The Brooklyn Museum, Brooklyn Children's Museum, Prospect Park and the historic and vibrant brownstone Brooklyn neighborhood where Prospect Place calls home.

Introducing this bespoke, brand new spacious 1-bedroom, 1-bathroom condo with a private eastern facing outdoor balcony which invites a seamless indoor-outdoor lifestyle.

This stunning home features massive floor-to-ceiling windows that let in abundant eastern light in the open-plan living room, dining room, and kitchen, with 7-inch oak floors imported from Spain and soaring 10-foot ceilings.

This designer home blends a thoughtful, sun-flooded layout with a beautiful selection of luxurious, refined finishes.

The chef's open kitchen boasts spacious honed Bria Elephantino quartz countertops, custom walnut-veneered Cucine cabinetry, an elegant Hansgrohe faucet, a Faber Inca oven hood, and a suite of high-end appliances including a Bosch dishwasher, Bertazzoni cooktop and oven, and a Fisher & Paykel refrigerator.

The bedroom features a walk-in closet and floor to ceiling eastern facing windows. The pristine full bathroom is wrapped in large-format Prissmacer porcelain tiles, and features a custom Lucena Bath vanity, a mirrored medicine cabinet, Artos fittings, and a deep Duravit soaking tub with shower.

Central heating and cooling and an LG washer and dryer tower are also included.

The Residences at Prospect Place is Crown Heights' newest boutique condominium. The Residences at Prospect Place has a common rooftop terrace with spectacular views for alfresco meals, entertaining, sun lounging, and more. Private garage parking spaces and two private rooftop cabanas are also available for purchase.

Moments from Atlantic Avenue, Prospect Heights, and Barclays Center, the neighborhood offers an unparalleled blend of energy and charm. Convenient access to the A, C, 2, 3, 4, and 5 subway lines ensures a seamless connection to the rest of the city.

THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD24-0334 PROSPECT PLACE BROOKLYN LLC, 533 FLATBUSH AVENUE, SUITE 313, BROOKLYN, NY 11225.

Listing Agent

Donna Strugatz

Serhant License #10301207567 Listed on: 02/18/2026

Serhant

Co-Listing Agent

Bradley Mohr

Serhant License #10401252493

Property Details

Home Type

  • Condominium

HOA Fees

  • $463 Monthly HOA Fees

Parking

  • Garage

Home Design

  • New Construction
  • Entry on the 3rd floor

Interior Spaces

  • 745 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer Hookup

Outdoor Features

  • Balcony
  • Terrace

Additional Features

  • East Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 0026 / 01225

Community Details

Overview

  • 18 Units
  • High-Rise Condominium
  • Crown Heights Subdivision
  • 7-Story Property

Amenities

  • Elevator

Property Details

Home Type

Condominium

Lot Details

0 Sq Ft Lot

HOA Fees

$463 per month

Listing Details

  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Entry Level: 3
  • Structure Type: High Rise
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Fireplace: No
  • Living Area: 745.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: Terrace, Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Elevator(s)
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 463.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Rental Info

  • Land Lease: No

Building Info

  • New Construction: Yes
  • Units: 18
  • Total Stories: 7

Tax Info

  • Tax Block: 01225
  • Tax Lot: 0026

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2026 02/18/26 For Sale $975,000 -- $1,309 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20072613

Real Estate Board of New York (REBNY)
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