701 Prospect Place, Unit 302

For Sale
$975,000
1 Bed · 1 Bath · 745 ft² · Crown Heights

Key Details

Price
$975,000
Beds
1 Bed
Baths
1
Sq Ft
745
Price / Sq Ft
$1,309
Total Rooms
3
Property Type
Condo
Condition
Excellent
Unit
302
Floor
3
Status
For Sale

Description

SPECIAL SUMMER INCENTIVE: FOR CONTRACTS SIGNED BY AUGUST 31, 2026

SPONSOR WILL PAY 2 YEARS OF COMMON CHARGES

OPEN HOUSE IS BY APPOINTMENT ONLY, PLEASE CONTACT LISTING BROKER TO SCHEDULE

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.

Important Stuff

Common Charges$463/mo
Taxes$473/yr
Financing / Down Payment80%
PetsUnknown

Home Features

Balcony Bicycle Room City View Dishwasher Elevator Garage Laundry In Unit New Development Sponsor Unit Terrace

Building Amenities

Elevator Garage

Building Info

Address701 Prospect Place
Total Units18
Stories7
Building TypeCondo
Building Pets PolicyPets OK

Map

History

ListedFebruary 18, 2026
Days on Market172
Last UpdatedAugust 5, 2026

Full public sale/price history isn't available through our listing feed for this property.

What It'll Cost

Known monthly carrying costs (excludes mortgage): $502/mo · Common Charges $463 · Taxes $39/mo (est.)

For a full breakdown of closing costs, mansion tax, mortgage recording tax, and title insurance on this $975,000 purchase, use our NYC Buyer Closing Cost Calculator and our Commission Rebate Calculator to see how much NestApple can rebate you at closing.

Buying in NYC? When you buy with a NestApple agent, we rebate two-thirds of our buyer-agent commission back to you at closing (NestApple keeps a minimum of 1%). See our Commission Rebate Calculator for your exact estimate.

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Similar Listings Sold

Closed-sale data isn't available through our current listing feed for this neighborhood.

Disclaimer: Listing data is sourced from RLS (REBNY Listing Service) via RealtyMX and is believed accurate but not guaranteed. Prices, availability, and details are subject to change without notice. NestApple is a licensed real estate broker.