701 PROSPECT Place 502 Brooklyn, NY $ 1,895,000
701 PROSPECT Place 502
$ 1,895,000
New Construction
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701 PROSPECT Place 502

Brooklyn, NY, 11216
$ 1,895,000
Bedrooms3 Baths2.0 Sq 1,294

Monthly Estimate*

$ 11,822

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Condo for sale in Brooklyn, NY

for $1,895,000 with 3 bedrooms and 2 full baths. This condo is 1,294 square feet.

The Residenсeѕ at Ρroѕреct Place. <р> Εlеvatеd 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 3-bedroom, 2-bathroom condo with a large eastern facing private terrace 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.

All three bedrooms feature floor to ceiling eastern facing windows and face the terrace. The king-size primary suite leads out to the terrace and features a walk-in closet 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 and third bedrooms have reach-in closets, 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.

All renderings are for illustrative purposes only.

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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Condo Active

Price

$ 1,895,000

Bedrooms

3

Full Bath

2

Property Type

Condo

Taxes

$ 0

Style

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

RLS20052232

List By
Donna L Strugatz

Listing Agent

Serhant

Broker

(917) 653-3643

Phone

Affordability Calculator

$11,822
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,822
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
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Pricing History
Date Price Price Change Description
11/16/2025 $1,895,000 Listed Price

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701 PROSPECT Place 502, Brooklyn, NY, 11216 is a Condo for sale at $1,895,000 with 1,294 sqft. 701 PROSPECT Place 502 has 3 bedrooms and 2.0 baths. The property's zip code is 11216 which is in Brooklyn, NY