Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,105,000

· Closed April 14, 2022

488 STERLING Place #PHB
Closed For Sale Condo

$2,105,000

$1,526 per sq ft

488 STERLING Place #PHB

Crown Heights, Brooklyn

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MLS® #RLS10765533

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

2

Baths

1,379

Sq. Ft.

2022

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,379 sq ft
Year Built 2022
Ownership Condo
HOA/Common Charges $788/mo
Property Taxes $10,572/yr
Neighborhood Crown Heights
Floor 6 of 7

Property Highlights

  • Exposure: South,West facing
  • Outdoor Space: Balcony
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 6 of 7
Exposure South,West
Pets Yes
Year Built 2022 (New)
Living Area 1,379 sq ft

Listing History

Event Date Price Change
Listed Oct 7, 2021 $1,995,000 -
Currently May 18, 2026 $2,105,000 +5.5%

Description

Arrive and exhale in this stunning Prospect Heights two-bedroom, two-bathroom penthouse with a phenomenal balcony and a private roof deck at 488 Sterling Place, a new-construction, eco-friendly condominium featuring a bright design aesthetic and premium finishes.

Brought to you by The Brooklyn Home Company, this cutting-edge 1,274-square-foot home greets you with 7-inch Madera engineered white oak floors and tall ceilings featuring recessed ultra-thin LED lighting. Relax and entertain in the spacious living and dining area with southern exposire and balcony access as well as lot line window with sweeping open view, or step onto the south-facing balcony for al fresco meals. In the open kitchen, enjoy handsome cabinetry, Bohemian Grey honed granite countertops and matte black fixtures surrounding upscale appliances, including a Bertazzoni Professional induction range and a refrigerator and dishwasher by Bosch. Interior stairs invite you to your private 409-square-foot rooftop deck wrapped in the sights of the city.

Three large closets, including a walk-in, attend to wardrobe needs in the owner's suite, where you'll find an en suite marble bathroom with custom cabinetry, a double vanity, walk-in shower and Waterworks fixtures. A sunny secondary bedroom, full guest bathroom, extra closet space and a Bosch in-unit washer-dryer complete the well-planned layout. Inspired by Passive House principles, this exceptional home enjoys superior air quality, excellent sound attenuation and reduced heating and cooling costs thanks to concrete construction, Zola triple-pane tilt-and-turn Thermo uPVC windows, and LifeBreath HRV air filtration units.

At 488 Sterling Place, residents enjoy an inviting lobby attended on weekdays, Butterfly MX smart video intercom entry, available porter service, an on-site gym, bike room and shared rear yard. Resident storage units and on-site parking, including six spaces with electric car charging capabilities, are available for sale.

Located just three blocks north of Prospect Park, this premier residence enjoys front-row access to Brooklyn's finest outdoor space and cultural amenities. Explore the park's 586 acres of trails, playgrounds, year-round greenmarkets and events. Head to the Brooklyn Museum, Library and Botanic Garden for outstanding art, literature and natural beauty. Some of the city's best dining and nightlife venues line the nearby blocks, and less than a mile away, you'll find BAM, Barclays Center and Atlantic Terminal Mall. Enjoy unparalleled access to transportation with 2/3, 4/5, B, Q/R subway lines, LIRR trains, excellent bus service and CitiBike stations all nearby.

THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. AG FILE NO. CD21-0034. Sponsor: 484-490 Sterling Pl NY Corp., 80 4th Street, Brooklyn, NY 11231.

Taxes listed reflect the purchaser receiving the co-op and condo tax abatement.

Features & Amenities

Exterior Features

Balcony Balcony

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $788/mo
RE Taxes $10,572/yr ($881/mo)
Original Price $1,995,000
Sale Price $2,105,000
Previous Price $1,995,000

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

$1.61M

Median $/Sqft

$990

Avg Days on Market

N/A

New This Week

5

Price Reduced

22%

Sold (30 Days)

2

Median Sale Price

$1.31M

Live data from RLS at REBNY • Updated 5/18/26, 9:40 AM EST

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Location

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488 STERLING Place #PHB, Crown Heights, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2019
Year Built
7 years old
7
Floors
25
Residential Units
R6A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $3,848,844
Land Value: $562,946
Exemptions: $0

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

Lot Area: 10,425 SF
Building Area: 34,140 SF
Built FAR: 3.27
Allowed FAR: 3

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 common charges are $788 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $10,572, or roughly $881 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,379 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2022, making it approximately 4 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with the listing broker.

At the current list price of $2,105,000 for 1,379 sq ft, the asking price per square foot is approximately $1,526. This figure is for reference only and may differ from appraised or assessed values.

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: RLS10765533
First Listed: 10/7/2021
Price Changed: 4/14/2022
Closed: 4/14/2022
Contract Date: 9/30/2021

Listing Courtesy of Douglas Elliman Real Estate - LINDSAY BARRETT

Listing Contact: (917) 363-5521

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 5/18/2026 at 1:40 PM UTC

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