Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1 Prospect Park W #5H

For Sale · Listing by Corcoran Group

1 Prospect Park W #5H

Park Slope, Brooklyn

$3,995,000

Interested in this property?
Active For Sale Condo

$3,995,000

$2,181 per sq ft

1 Prospect Park W #5H

Park Slope, Brooklyn

MLS® #RLS20114673

RLS at REBNY

Listing by Corcoran Group

3
Bedrooms
2.5
Baths
1,832
Sq. Ft.
2020
Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Living Area 1,832 sq ft
Lot Size 17,100 sq ft
Year Built 2020
Ownership Condo
HOA/Common Charges $2,425.01/mo
Property Taxes $31,687.92/yr
Neighborhood Park Slope
Floor 5 of 11

Property Highlights

  • Views: Park Greenbelt
  • Outdoor Space: Deck
  • Climate Control: Central Air, Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full, 1 Half
Floor 5 of 11
View Park Greenbelt
Heating Central
Cooling Central Air, Other
Pets Yes, CatsOk, DogsOk
Year Built 2020
Living Area 1,832 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 17,100 sq ft
Parcel # 01066-1333
Block/Lot 01066/1333

Listing History

Event Date Price Change
Listed Sep 21, 2026 $3,995,000 -
Currently Sep 21, 2026 $3,995,000 -

Description

THE PARK. THE PLAZA. THE VIEW. THE WHOLE THING. There are apartments with views, and then there are apartments where the view is practically part of the architecture. Welcome to 5H at One Prospect Park West, a remarkably spacious three-bedroom, two-and-a-half-bath residence where Prospect Park and the magnificent Soldiers and Sailors Memorial Arch at Grand Army Plaza appear from every single window. This is the first resale of this special home, making it an especially rare opportunity to own at one of Park Slope’s most coveted addresses. At approximately 1,832 square feet, 5H has the scale to actually live beautifully. The layout is generous, gracious and wonderfully flexible, with a proper entertaining space, a dedicated dining area, three real bedrooms and the kind of storage that makes city life feel just a little less like city life. The great room is the heart of the home, framed by oversized windows and those extraordinary park and plaza views. A handsome kitchen with custom cabinetry, a generous island, premium appliances and an adjacent dining area with a dry bar and wine refrigerator makes entertaining feel effortless, whether it’s dinner for twelve or takeout for two. The bedroom wing is tucked away from the entertaining spaces, creating a lovely sense of separation. The primary suite has generous closets and a beautifully appointed bath with natural stone, a freestanding soaking tub, Waterworks fixtures and a separate shower. Two additional bedrooms and a beautifully finished second bath round out the private quarters, while a discreet powder room is perfectly positioned for guests. And then there is One Prospect Park West. Originally built in 1931 and thoughtfully transformed into a collection of residences that marry the grandeur of its historic architecture with a decidedly modern point of view, the building was conceived with interiors by acclaimed Brooklyn and Hudson Valley design studio Workstead and landscape design by ODA New York. The amenities are wonderfully overachieving without feeling flashy: a full-time attended lobby, library, children’s playroom, fitness studio, movement and yoga spaces, basketball court, sauna and steam room, bike storage, package room and private storage. And perhaps the pièce de résistance is the spectacular landscaped roof terrace, complete with an apple orchard, lounge areas, sun deck and outdoor kitchen, with sweeping views across Park Slope, Manhattan, Prospect Park and beyond. But honestly, the greatest amenity may simply be the address. Walk out the front door and you are at the gateway to Prospect Park. Walk a few blocks and you are in the heart of Park Slope, with its brownstone-lined streets, beloved restaurants, neighborhood shops, cafés, schools and that particular Brooklyn rhythm that makes people fall hard for this part of town. On Saturdays, the Grand Army Plaza Greenmarket is right around the corner, and the 2/3 and B/Q trains make getting almost anywhere in the city surprisingly easy. 5H is not simply a three-bedroom apartment at One Prospect Park West. It is a front-row seat to one of Brooklyn’s great daily spectacles. The trees. The park. The Arch. The changing light. The seasons. And from every window, a little reminder of why you live in Brooklyn in the first place.

Features & Amenities

Interior Features

Double Vanity Entrance Foyer Soaking Tub Sauna Walk In Closets In Unit See Remarks Flooring: Hardwood

Exterior Features

Building Basketball Court Building Roof Deck Private Outdoor Space Under60 Sqft Deck

Building Amenities

Basketball Court Bike Storage Common Playroom Concierge Elevators Fitness Center Recreation Room Sauna Steam Room Clubhouse Sauna

Appliances

Dryer Dishwasher Refrigerator Washer

Building Information

Building Data View Compliance & Permits
Total Units 63
Stories 11
Structure HighRise

Financial Details

Common Charges $2,425.01/mo
RE Taxes $31,687.92/yr ($2,641/mo)

Park Slope is a well-known Brooklyn neighborhood, recognized for its tree-lined streets and preserved brownstones. Bordering the western edge of Prospect Park, the neighborhood offers convenient access to green space. The real estate market features a mix of historic townhouses, cooperatives, and modern condominiums, within walking distance of the park.

Park Slope Live Market Data

View Neighborhood

Active Listings

91

Median Asking Price

$1.82M

Median $/Sqft

$1,382

Avg Days on Market

N/A

New This Week

18

Price Reduced

11%

Sold (30 Days)

34

Median Sale Price

$1.70M

Live data from RLS at REBNY • Updated 9/21/26, 4:54 PM EST

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Location

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1 Prospect Park W #5H, Park Slope, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1921
Year Built
105 years old
6
Floors
82
Residential Units
R8B
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $4,444,650
Land Value: $399,600
Exemptions: $0

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

Lot Area: 16,970 SF
Building Area: 77,648 SF
Built FAR: 4.58
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 common charges are $2,425.01 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $31,687.92, or roughly $2,641 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,832 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2020, making it approximately 6 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: Pets Allowed. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $3,995,000 for 1,832 sq ft, the asking price per square foot is approximately $2,181. 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: RLS20114673
First Listed: 9/12/2026
On Market: 9/21/2026
Contract Date: 8/25/2026

Listing Courtesy of Corcoran Group - Jessica L Buchman

Listing Contact: (917) 579-8641

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 9/21/2026 at 8:54 PM UTC

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Park Slope Market Update

34 sales last 30 days · $1.82M median · 2.7 months supply

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Quick Facts

Status Active Type Condo Neighborhood Park Slope Borough Brooklyn
County Kings
Floor 5 of 11
Year Built 2020
First Listed 9/12/2026
Living Area 1,832 sqft
Common Charges $2,425.01/mo
Annual Tax $31,687.92

Monthly Costs Estimate

Down Payment 20%

$799,000

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 $2,425.01
Est. Taxes $2,641
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $3M to $4,999,999 at 1.50%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$59,925

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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