Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,570,000

· Closed September 15, 2025

240 Prospect Place #8
Closed For Sale Co-op

$1,570,000

240 Prospect Place #8

Prospect Heights, Brooklyn

MLS® #RLS20023751

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1916

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1916
Ownership Co-op
Maintenance $2,363/mo
Neighborhood Prospect Heights
Floor 1 of 4

Property Highlights

  • Fireplace: 1 fireplace
  • Climate Control: Other
  • Character: Pre-war building (1916)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 1 of 4
Cooling Other
Pets Yes
Year Built 1916
Structure Type MixedUse
Flooring Hardwood
Furnished Unfurnished
Block/Lot 01159/1002

Listing History

Event Date Price Change
Listed May 14, 2025 $1,525,000 -
Currently May 7, 2026 $1,570,000 +3.0%

Description

Experience the perfect blend of historic charm and modern luxury in this oversized two-bedroom, two-bathroom co-op located in the heart of Prospect Heights. Defined by its oversized windows that stretch dramatically along every wall, and situated on the top floor of a pre-war building. This sun-filled corner unit features a working fireplace, renovated kitchen, in-unit washer/dryer, and access to a shared roof deck just one flight up. Step into a gracious entrance foyer that leads to an expansive living room, ideal for both entertaining and everyday living. The open-concept kitchen is a cook's dream, featuring top-of-the-line appliances, custom cabinetry, and a spacious island. Original architectural details abound, including beautiful millwork, moldings, and large glass-paneled pocket doors. A cozy wood-burning fireplace adds warmth and character to the living space. The primary suite offers a serene retreat with a double exposure and a large walk-in closet providing excellent storage. The second bedroom is equally spacious and versatile, perfect for guests or a home office. Additional highlights include in-unit laundry, four large skylights, and a shared roof deck with incredible city views. There are also two shelves of additional storage in the basement, along with bike storage. Small dogs (20 lbs or less) are allowed with board approval. Located at the corner of vibrant Vanderbilt Avenue and tree-lined Prospect Place, you're just moments away from Prospect Park, Grand Army Plaza, the Brooklyn Museum, and an array of dining and shopping options. With multiple subway lines nearby, commuting is a breeze. Transportation is a breeze with the B/Q trains at 7th Avenue and the 2/3 trains at Grand Army Plaza nearby.

Features & Amenities

Interior Features

Eat In Kitchen High Ceilings Kitchen Island Soaking Tub Walk In Closets Common On Floor Common Area In Unit Flooring: Hardwood Fireplace (1)

Exterior Features

Private Outdoor Space Under60 Sqft

Appliances

Dishwasher Stainless Steel Appliances

Building Information

Building Data View Compliance & Permits
Total Units 9
Stories 4
Structure MixedUse

Financial Details

Maintenance $2,363/mo
Original Price $1,525,000
Sale Price $1,570,000
Previous Price $1,525,000

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

43

Median Asking Price

$1.45M

Median $/Sqft

$1,386

Avg Days on Market

N/A

New This Week

9

Price Reduced

7%

Sold (30 Days)

9

Median Sale Price

$1.55M

Live data from RLS at REBNY • Updated 5/7/26, 1:00 PM EST

Similar Listings in Prospect Heights

View All

Location

Loading map...

240 Prospect Place #8, Prospect Heights, Kings County

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 $2,363 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1916, making it approximately 110 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.

Pet policy requires confirmation with the listing broker.

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: RLS20023751
First Listed: 5/14/2025
On Market: 5/14/2025
Price Changed: 9/18/2025
Closed: 9/15/2025
Contract Date: 5/9/2025

Listing Courtesy of Compass - Amanda McAvena

Listing Contact: (614) 364-2123

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 5/7/2026 at 5:00 PM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton