Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
338 Prospect Place #1B
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 Jul 8, 2026 $875,000 -
Currently Jul 8, 2026 $875,000 -

Description

Perfectly positioned on one of Prospect Heights’ most charming tree-lined blocks, this beautifully renovated two-bedroom residence offers the ideal blend of timeless design, modern updates, and exceptional convenience. A gracious open layout welcomes you with an expansive living and dining area that flows seamlessly into a thoughtfully updated and windowed kitchen—creating an inviting space for both everyday living and effortless entertaining. Two generously proportioned bedrooms are filled with natural light and offer excellent closet space, while the renovated bath and newly refinished hardwood floors complete this move-in-ready home. Residents enjoy the ease of a full-service doorman building with a beautifully landscaped courtyard, laundry facilities, and bike storage. Moments from Prospect Park, the neighborhood’s celebrated restaurants and boutiques, and multiple subway lines, this home also places you near iconic cultural institutions including the Brooklyn Museum and the Brooklyn Public Library. An exceptional opportunity to experience the very best of Prospect Heights living.

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

28

Median Asking Price

$1.06M

Median $/Sqft

$1,248

Avg Days on Market

N/A

New This Week

2

Price Reduced

43%

Sold (30 Days)

8

Median Sale Price

$914K

Live data from RLS at REBNY • Updated 7/8/26, 2:46 PM 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: $20,610

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 the listing broker 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 the listing broker 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: 7/8/2026
Price Changed: 7/8/2026
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 7/8/2026 at 6:46 PM UTC

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