701 PROSPECT Place Unit 502, Brooklyn, NY 11216

$1,895,000

SPECIAL EARLY SPRING INCENTIVE: FOR CONTRACTS SIGNED BY APRIL 30, 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… Read More 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. Read Less

Listing Courtesy of: Donna L Strugatz, Serhant, 646-480-7665.

Listing Snapshot

Days Online

183

Last Updated

Apr 3, 2026

Property Type

Apartment

Beds

Full Baths

MLS Number

RLS20052232

30 Days Snapshot Of 11216

$1.72M

+11%

(avg) sold price

-14%

homes sold

Snapshot

Area Map

Additional Details

Building

Entry Level: 5, Features: Elevators, Living Area Units: SquareFeet, Rooms Total: 6, Structure Type: HighRise, New Construction

Exterior Features

Patio And Porch Features: Terrace, Balcony

Lot

Parcel Number: 01225-0026

Property

Property Sub Type: Apartment, View YN: t, View: City

Taxes

Tax Block: 01225, Tax Lot: 0026

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