Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $300,000

· Closed March 16, 2013

425 PROSPECT Place #5I
Closed For Sale Co-op

$300,000

425 PROSPECT Place #5I

Crown Heights, Brooklyn

Prospect Court

MLS® #RLS10475864

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

N/A

Sq. Ft.

1924

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1924
Ownership Co-op
Maintenance $538/mo
Neighborhood Crown Heights

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1924)
  • New Construction: Brand new building

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths null Full
Pets Yes
Cross Street Grand Avenue & Classon Avenue
Year Built 1924 (New)
Architectural Style Prewar
Parcel # 01155-0088-00425-000-000005I

Listing History

Event Date Price Change
Listed Dec 6, 2012 $335,000 -
Price Reduced Mar 16, 2013 $318,000 -5.1%
Currently Jun 10, 2026 $300,000 -5.7%

Description

425 Prospect Place 5I is a bright, fluid, junior one bedroom, one bathroom apartment located on the border of the Prospect Heights and Crown Heights neighborhoods. The apartment is conveniently near the 2,3,B,Q, and C trains- just a 25 minute ride to Manhattan. It features hardwood floors, great light, an open kitchen with ample cabinet/counter space, and custom designed closets. This elevator/intercom building has on-site laundry, a beautiful common courtyard and is near Prospect Park, BAM, and The Brooklyn Botanic Garden. Additionally, youll have access to a plethora of amazing bars and restaurants just steps away on the very hip Franklin, Washington and Vanderbilt Avenues. With 20% down and a low low interest rate of 3.75%, you could own this adorable apartment and have a monthly mortgage payment of just under $1,600 per month. Owner Motivated!! Priced To Sell!!! Apartment Features: Building Features: Courtyard, Garden, Electric, Gas

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Courtyard Building Garden

Building Information

Financial Details

Maintenance $538/mo
Original Price $335,000
Previous Price $318,000

Crown Heights is a dynamic and architecturally rich neighborhood in central Brooklyn. Famous for its grand boulevards and impressive collection of pre-war apartment buildings and brownstones, the area offers a sense of scale and history. Residents enjoy proximity to the Brooklyn Museum, the Botanic Garden, and a active restaurant scene along Franklin and Nostrand Avenues, making it a popular choice for those seeking space and culture.

Crown Heights Live Market Data

View Neighborhood

Active Listings

90

Median Asking Price

$1.41M

Median $/Sqft

$976

Avg Days on Market

N/A

New This Week

8

Price Reduced

19%

Sold (30 Days)

16

Median Sale Price

$1.33M

Live data from RLS at REBNY • Updated 6/10/26, 5:01 AM EST

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Location

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425 PROSPECT Place #5I, Crown Heights, Kings County • Near Grand Avenue & Classon Avenue

Building Information

Official NYC property records for this building

1924
Year Built
102 years old
5
Floors
58
Residential Units
R6B
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $2,772,900
Land Value: $466,200
Exemptions: $56,092

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 20,720 SF
Building Area: 50,915 SF
Built FAR: 2.46
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $538 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1924, making it approximately 102 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10475864
First Listed: 12/6/2012
Price Changed: 3/16/2013
Closed: 3/16/2013

Listing Courtesy of The Corcoran Group - Korie Enyard

Listing Contact: (646) 483-2843

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/10/2026 at 9:01 AM UTC

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