Sold

701 Prospect Place #503

Crown Heights, Brooklyn, NY 11216

$1,784,000
  • 5 Rooms
  • 2 Bedrooms
  • 2 Bathrooms
  • 1,249 Sqft

701 Prospect Place #503
Crown Heights, Brooklyn, NY 11216

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Brooklyn / NY

Condo HIGHLIGHTS

  • Listing Status

    Sold

  • Property Type

    Condo

  • Views

    Yes - City

  • Exposure

    East

  • Central AC

    Yes

  • Patio/Porch

    Terrace, Balcony

  • Pets Allowed

    Yes

  • Maintenance/CC

    $861 (Monthly)

  • Financing Allowed

    20%

  • RE Tax

    $878 (Monthly)

Listing courtesy of Donna L Strugatz of Serhant.

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 2-bedroom, 2-bathroom condo with a massive private terrace and a balcony totalling 515 sq ft in private outdoor space 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, while 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 primary suite features a walk-in closet and floor to ceiling eastern facing windows and a pristine en-suite bathroom with large-format Prissmacer porcelain tiles, a custom Lucena Bath double vanity, a mirrored medicine cabinet, Artos fittings, and a walk-in rainfall shower. The second bedroom has a reach-in closet, and the second bathroom has 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.

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  • Bathrooms Total

    2

  • Bedrooms Total

    2

  • City Region

    Brooklyn

  • Listing Status

    Sold

  • Living Area

    1,249 Sqft

  • MLS #

    Rls20058857

  • Neighborhood

    Crown Heights

  • Property Type

    Condo

  • Unit Line

    03

  • View Features

    City, F, S

  • Building Features

    Elevator(s)

  • Elevators

    1

  • Laundry Features

    Building Other, Washer Hookup, In Unit

  • Entry Level

    5

  • Levels

    Two

  • New Construction

    Yes

  • Structure Type

    High Rise

  • Total Number of Units

    18

  • Total Stories

    7

  • Common Interest

    Condominium

  • Pets Allowed

    Yes

  • Neighborhood

    Crown Heights

  • Exposure

    East

  • Garage

    Yes

  • Patio and Porch Features

    Terrace, Balcony

  • View

    Yes - City

  • Financing Allowed

    20%

  • Maintenance/CC

    $861 (Monthly)

  • Tax (Monthly)

    $878

  • Basement

    Other

  • Bathroom Condition

    Excellent

  • Cooling

    Yes - Central Air

  • Kitchen Condition

    Excellent

  • Total Rooms

    5

in US Dollars

%

Total/Month

  • Principal & Interest
  • Property Taxes (monthly) $878
  • Maintenance / Common Charges $861

 *The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

701 Prospect Place #503

Location

Nearby Transit

  • S

    at Park Pl

    0.23 miles

Data courtesy of LocalLogic.co

Crown Heights
Neighborhood

Crown Heights

Crown Heights is a central Brooklyn neighborhood bordered by Prospect Heights, Bedford-Stuyvesant, Brownsville, and Prospect Lefferts Gardens. The area features a mix of 19th- and early 20th-century brownstones, limestone row houses,...

701 Prospect Place #503

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Last Updated: May 20, 2026 at 1:55 AM


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