Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
338 Prospect Place #1B

For Sale · Listing by Compass

338 Prospect Place #1B

Prospect Heights, Brooklyn

$875,000

Interested in this property?
Active For Sale Condo

$875,000

$1,446 per sq ft

338 Prospect Place #1B

Prospect Heights, Brooklyn

Rivera Court Condominium

MLS® #RLS20102282

RLS at REBNY

Listing by Compass

2
Bedrooms
1
Bath
605
Sq. Ft.
1931
Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 605 sq ft
Lot Size 13,100 sq ft
Year Built 1931
Ownership Condo
HOA/Common Charges $621/mo
Property Taxes $4,572/yr
Neighborhood Prospect Heights
Floor 1 of 5

Property Highlights

  • Exposure: North facing
  • Style: WalkUp architecture
  • Climate Control: Other, Wall Units

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Floor 1 of 5
Exposure North
Cooling Other, Wall Units
Pets Yes, CatsOk, DogsOk
Year Built 1931
Living Area 605 sq ft
Architectural Style WalkUp
Flooring Hardwood
Furnished Unfurnished
Lot Size 13,100 sq ft
Parcel # 01160-1003
Block/Lot 01160/1003

Listing History

Event Date Price Change
Listed Sep 14, 2026 $875,000 -
Currently Sep 14, 2026 $875,000 -

Description

This is the Prospect Heights find you’ve been waiting for. Tucked away on a quintessential tree-lined block, this beautifully renovated two-bedroom condo strikes that rare balance between classic Brooklyn soul and sleek, modern functionality. The heart of the home is an expansive, open-concept living and dining area that feels airy and effortless. It flows directly into a windowed kitchen that’s been thoughtfully updated for anyone who actually loves to cook. Both bedrooms are generous in scale, soaked in natural light, and offer plenty of closet space to keep life organized. With original hardwood floors underfoot and a pristine, windowed bathroom, the space feels polished yet incredibly welcoming. Life here comes with some serious perks. The building offers the convenience of a doorman, a beautifully landscaped courtyard for a breath of fresh air, plus on-site laundry and bike storage. The location is truly unbeatable. You’re just moments from the lush greenery of Prospect Park and the incredible energy of the local dining and boutique scene. Iconic landmarks like the Brooklyn Museum and the Brooklyn Public Library are right in your orbit, and with multiple subway lines nearby, the rest of the city is within easy reach. It’s not just an apartment; it’s a front-row seat to the very best of Prospect Heights.

Features & Amenities

Interior Features

Recessed Lighting Common On Floor Common Area Laundry Room Flooring: Hardwood

Exterior Features

Building Courtyard Building Roof Deck

Building Amenities

Bike Storage Elevators

Appliances

Dishwasher

Building Information

Financial Details

Common Charges $621/mo
RE Taxes $4,572/yr ($381/mo)

Prospect Heights is a compact Brooklyn neighborhood anchored by the Brooklyn Public Library, Grand Army Plaza, Prospect Park, and the Brooklyn Museum. The real estate market features historic brownstones, pre-war cooperatives, and new developments like Pacific Park, with 2/3/B/Q/4 train service.

Prospect Heights Live Market Data

View Neighborhood

Active Listings

23

Median Asking Price

$1.59M

Median $/Sqft

$1,548

Avg Days on Market

N/A

New This Week

9

Price Reduced

9%

Sold (30 Days)

7

Median Sale Price

$1.41M

Live data from RLS at REBNY • Updated 9/14/26, 11:29 AM EST

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Location

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338 Prospect Place #1B, Prospect Heights, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
5
Floors
51
Residential Units
R6B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $3,337,200
Land Value: $101,248
Exemptions: $19,340

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

Lot Area: 13,100 SF
Building Area: 34,201 SF
Built FAR: 2.61
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 common charges are $621 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $4,572, or roughly $381 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 605 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1931, making it approximately 95 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.

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $875,000 for 605 sq ft, the asking price per square foot is approximately $1,446. 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: RLS20102282
First Listed: 7/8/2026
On Market: 9/14/2026
Contract Date: 7/8/2026

Listing Courtesy of Compass - Justin W Dupree

Listing Contact: (917) 757-1348

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 9/14/2026 at 3:29 PM UTC

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Prospect Heights Market Update

7 sales last 30 days · $1.59M median · 3.3 months supply

Read Full Report

New listings in this building

Quick Facts

Status Active Type Condo Neighborhood Prospect Heights Borough Brooklyn
County Kings
Floor 1 of 5
Year Built 1931
First Listed 7/8/2026
Style WalkUp
Living Area 605 sqft
Common Charges $621/mo
Annual Tax $4,572

Monthly Costs Estimate

Down Payment 20%

$175,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $621
Est. Taxes $381
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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