Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,300,000

· Closed May 12, 2022

240 Prospect Place #1
Closed For Sale Co-op

$1,300,000

$967 per sq ft

240 Prospect Place #1

Prospect Heights, Brooklyn

MLS® #RLS10770636

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,345

Sq. Ft.

1902

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,345 sq ft
Year Built 1902
Ownership Co-op
Maintenance $1,322/mo
Neighborhood Prospect Heights
Floor 1 of 4

Property Highlights

  • Exposure: East,North,South facing
  • Fireplace: Wood-burning or decorative fireplace
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
Floor 1 of 4
Exposure East,North,South
Cooling Window Units
Pets CatsOk
Cross Street Vanderbilt Avenue/Underhill Avenue
Year Built 1902
Living Area 1,345 sq ft
Architectural Style Prewar
Parcel # 01159-1002-00240-000-0000001
Block/Lot 1159/7501

Listing History

Event Date Price Change
Listed Jan 14, 2022 $1,300,000 -
Currently May 18, 2026 $1,300,000 -

Description

Welcome to this rare and elegant duplex corner apartment featuring large windows in every room, high ceilings, original details of glass pocket doors, hardwood oak floors, and carved wood mouldings throughout. A wood-burning fireplace for a cozy evening in your large living room with double exposure for a perfect amount of natural light, facing north and east. Dining room space with the option of designing an open-concept kitchen and dining experience (upon approval). The primary bedroom has a sizable en-suite bathroom where you can use your imagination to place a free standing tub in the middle of the room separate from your shower--it also contains a window. The duplexed lower level provides access to the complimentary laundry room and additional storage. The lower level is also set up to add a half bathroom. Create a kids play room, media room, studio, or large office--whichever suits your needs. The apartment is located in Prospect Heights on the corner of Vanderbilt just around the corner from boutiques, great restaurants, cafes, and the Brooklyn Art Museum. Dogs considered 20 lbs.

Features & Amenities

Interior Features

Entrance Foyer Building Washer Dryer Install Allowed Common Area Fireplace

Exterior Features

Building Roof Deck

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $1,322/mo
Sale Price $1,300,000

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

35

Median Asking Price

$1.50M

Median $/Sqft

$1,370

Avg Days on Market

N/A

New This Week

2

Price Reduced

17%

Sold (30 Days)

1

Median Sale Price

$635K

Live data from RLS at REBNY • Updated 5/18/26, 10:07 AM EST

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Location

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240 Prospect Place #1, Prospect Heights, Kings County • Near Vanderbilt Avenue/Underhill Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1898
Year Built
128 years old
4
Floors
9
Residential Units
R7A
Zoning District
Condominiums Historic District: Prospect Heights Historic District

Tax & Assessment

Assessed Value: $2,242,350
Land Value: $29,250
Exemptions: $0

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

Lot Area: 3,250 SF
Building Area: 8,374 SF
Built FAR: 2.58
Allowed FAR: 4

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 $1,322 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,345 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1902, making it approximately 124 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.

At the current list price of $1,300,000 for 1,345 sq ft, the asking price per square foot is approximately $967. 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: RLS10770636
First Listed: 1/14/2022
Price Changed: 1/14/2022
Closed: 5/12/2022
Contract Date: 1/14/2022

Listing Courtesy of Compass - Marlene Burns

Listing Contact: (347) 514-3097

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 2:07 PM UTC

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