715 Prospect Place Unit 1B Brooklyn, NY 11216
Crown Heights NeighborhoodEstimated payment $8,174/month
Highlights
- Balcony
- Patio
- North Facing Home
About This Home
Welcome to 715 Prospect Place, Unit 1B, nestled in the vibrant community of Crown Heights!This charming condo offers an inviting sanctuary, featuring a delightful blend of spaciousness and modern comforts.
Currently configured as a 2-bedroom apartment, this 1,345-square-foot space can be easily adapted into a 3-bedroom unit. Explore the alternate floor plan we've created with a contractor to see the potential generous three bedrooms.
Each room could accommodate a queen (or king)-size bed with a substantial closet and large windows.
As you step inside, the soaring 13-foot ceilings make a grand impression above your modern eat-in kitchen.
The bedroom on the main floor features the same dramatic ceilings and large-scale windows, complementing the space. A dedicated storage space is also built above the bedroom closet.
The 360-square-foot private balcony and garden offer a serene escape for a morning coffee or a summer barbecue. The open living area, accented with elegant design and abundant natural light, makes for an excellent setting to unwind or host gatherings.
The primary bedroom on the lower level accommodates a king-sized bed with ample space for additional furniture. The washer and VENTED dryer are full-sized.
Additionally, this building, The Sinclair—a boutique condominium with 16 units —benefits from a tax abatement, offering significant savings for the next ten years.
Located on a quiet block in Crown Heights, 715 Prospect Place is situated a few blocks from the A/C trains at Nostrand Avenue and the 2,3,4,5 trains at Franklin Avenue. There are several quality grocery stores nearby, including a Union Market a few blocks away. Numerous dining establishments and entertaining bars on Franklin and Nostrand Avenues are accessible with a quick walk.
715 Prospect Place is also a 5-10 minute walk from the new Asphalt Green facility at the Major Owens Center, which features fitness facilities, as well as swimming, basketball, and pickleball. Enjoy the best that Brooklyn has to offer with Prospect Park, Brower Park, and Brooklyn Museum all within walking or biking distance.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $210
Year Built
- Built in 2006
HOA Fees
- $1,423 Monthly HOA Fees
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,345 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Outdoor Features
- Balcony
- Patio
Additional Features
- North Facing Home
- No Cooling
Community Details
- 16 Units
- Sinclair, The Condos
- Crown Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 1102 / 01226
Map
Home Values in the Area
Average Home Value in this Area
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 | $210 | $117,729 | $14,062 | $103,667 |
| 2024 | $210 | $112,954 | $14,062 | $98,892 |
| 2023 | $206 | $108,738 | $14,062 | $94,676 |
| 2022 | $154 | $104,721 | $14,062 | $90,659 |
| 2021 | $206 | $93,360 | $14,062 | $79,298 |
| 2020 | $101 | $103,601 | $14,062 | $89,539 |
| 2019 | $210 | $106,927 | $14,062 | $92,865 |
| 2018 | $214 | $100,077 | $14,061 | $86,016 |
| 2017 | $214 | $87,662 | $14,061 | $73,601 |
| 2016 | $217 | $87,662 | $14,061 | $73,601 |
| 2015 | $169 | $80,648 | $14,061 | $66,587 |
| 2014 | $169 | $83,381 | $14,061 | $69,320 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | Pending | -- | -- | -- |
| 09/16/2025 09/16/25 | For Sale | $1,275,000 | 0.0% | $948 / Sq Ft |
| 06/22/2025 06/22/25 | Off Market | $1,275,000 | -- | -- |
| 05/28/2025 05/28/25 | For Sale | $1,275,000 | -- | $948 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $999,999 | -- | |
| Deed | $999,999 | -- | |
| Deed | $999,999 | -- | |
| Deed | $499,000 | -- | |
| Deed | $499,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | Purchase Money Mortgage | |
| Closed | $750,000 | Purchase Money Mortgage | |
| Previous Owner | $349,300 | Purchase Money Mortgage |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20026825
APN: 01226-1102
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