NOT LISTED FOR SALE

727 Prospect Place Unit 4B Brooklyn, NY 11216

Crown Heights Neighborhood

Estimated Value: $1,245,000 - $1,643,000

2 Beds
2 Baths
-- Sq Ft
2006 Built

Last Sold January 22, 2021

Last sale price $1,040,000

Est. 32% increase in value since last sale

Current estimated payment $7,228/month

Highlights

  • Wood Flooring
  • Terrace
  • Balcony
  • High Ceiling
  • No HOA
  • Entrance Foyer

About This Home

As of March 2024

Welcome home to this bright and airy 2 bed/ 2 bath duplex with 2 private outdoor spaces! This apartment features clean-cut modern finishes, an open kitchen layout with large quartz island, breakfast bar, full sized stainless steel appliances, in-unit washer/ dryer, and both a private balcony and private terrace large enough for patio furniture.

Both bedrooms (one on each floor) comfortably accommodate king sized beds plus furniture (dressers, desks, etc). The primary (second floor) has a large walk-in closet. The living room easily fits a full sized couch, coffee table, and console center. The second floor foyer is perfect for a home office or home workout space.

727 Prospect Place is a boutique 8 residence condo located in the heart of Crown Heights with some of the best social and dining options right outside your door - Hart's (Mediterranean) Chavela's (Mexican), Nourish Thai and more all within a few blocks. Easy access transit options with the S train only 2 blocks away at Park Pl station, and the 2/3 and 4/5 trains at Franklin Ave station.

Reach out today to schedule a private showing!

Last Agent to Rent the Property

Heema Khedr

Compass License #10401276262 Listed on: 02/05/2024

Compass

Co-Listed By

Jack Elliot Heard

Compass License #10401252006

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $296

Year Built

  • Built in 2006

Home Design

  • Entry on the 4th floor

Interior Spaces

  • High Ceiling
  • Entrance Foyer
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 8 Units
  • Crown Heights Subdivision
  • 5-Story Property

Listing and Financial Details

  • Property Available on 3/5/24
  • Tax Block 01226

Condo Details

Home Type

Condominium

Est. Annual Taxes

$296

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-03-05

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Crown Heights
  • Entry Level: 4
  • Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Features: Entrance Foyer, High Ceilings, Kitchen Island
  • Appliances: Dishwasher, Stainless Steel Appliance(s)
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Terrace, Balcony

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: In Unit, See Remarks
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 30.000000x100.000000

Building Info

  • New Construction: No
  • Units: 8
  • Total Stories: 5
  • Year Built: 2006

Tax Info

  • Tax Block: 01226
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
Jan 21, 2021
Sold by
Hughes Brian and Hughes Leslie
Bought by
Dhoc Realty Llc
Seller's Agent
Lauren Fernandes
Compass
List Price
$1,040,000
Sold Price
$1,040,000
Current Estimated Value
$1,376,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,136
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
May 26, 2010
Sold by
Prospect Gardens Llc
Bought by
Hughes Brian and Hughes Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,762
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Dhoc Realty Llc $1,040,000 --
Hughes Brian $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Brian $500,762
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2024 03/05/24 Rented $5,500 0.0% --
03/04/2024 03/04/24 Under Contract -- -- --
02/05/2024 02/05/24 For Rent $5,500 0.0% --
01/22/2021 01/22/21 Sold $1,040,000 0.0% $791 / Sq Ft View Prior Sale
12/15/2020 12/15/20 Pending -- -- --
06/10/2009 06/10/09 For Sale $1,040,000 -- $791 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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
2025 $296 $134,039 $17,194 $116,845
2024 $296 $111,673 $17,194 $94,479
2023 $290 $93,061 $17,194 $75,867
2022 $289 $91,413 $17,194 $74,219
2021 $290 $73,145 $17,194 $55,951
2020 $143 $80,022 $17,194 $62,828
2019 $298 $98,978 $17,194 $81,784
2018 $301 $86,053 $11,959 $74,094
2017 $301 $86,053 $14,107 $71,946
2016 $305 $83,385 $15,069 $68,316
2015 $238 $77,209 $16,634 $60,575
2014 $238 $71,490 $17,072 $54,418
Source: Public Records

Agents Affiliated with this Home

  • Heema Khedr

    Landlord's Agent in 2024

    Heema Khedr

    Compass

    (917) 270-8834

    41 Total Sales

    Heema Khedr
    Section Image
  • Jack Elliot Heard

    Landlord's Co-Listing Agent in 2024

    Jack Elliot Heard

    Compass

    (347) 931-6355

    42 Total Sales

    Jack Elliot Heard
    Section Image
  • Lauren Fernandes

    Seller's Agent in 2021

    Lauren Fernandes

    Compass

    (914) 830-9920

    2 in this area

    18 Total Sales

    Lauren Fernandes
    Section Image
  • Eugenia Vainberg

    Seller Co-Listing Agent in 2021

    Eugenia Vainberg

    Andrew J Markowitz Real Estate LLC

    (646) 573-0323

    1 in this area

    3 Total Sales

    Eugenia Vainberg
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10954152

Real Estate Board of New York (REBNY)

APN: 01226-1008

New York Kings County Brooklyn 11216 Crown Heights

727 Prospect Place Unit 4B, Brooklyn, NY

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