Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
868 PROSPECT Place

For Sale · Listing by Corcoran Group

868 PROSPECT Place

Crown Heights, Brooklyn

$2,750,000

Interested in this property?
Active For Sale • Multi Family

$2,750,000

$683 per sq ft

868 PROSPECT Place

Crown Heights, Brooklyn

MLS® #RLS20123652

RLS at REBNY

Listing by Corcoran Group

Open House Scheduled

Thursday, November 5 • 12:30 PM – 2:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

5
Bedrooms
3.5
Baths
4,028
Sq. Ft.
1925
Year Built

Quick Summary

Bedrooms 5
Bathrooms 4 full, 1 half
Living Area 4,028 sq ft
Lot Size 2,250 sq ft
Year Built 1925
Ownership None
Property Taxes $5,904/yr
Neighborhood Crown Heights
Floor 1 of 3

Property Highlights

  • Views: Other
  • Fireplace: 1 fireplace
  • Character: Pre-war building (1925)

Property Details

Type Multi Family
Ownership None
Total Rooms 12
Baths 3 Full, 1 Half
Floor 1 of 3
View Other
Pets Yes
Year Built 1925
Living Area 4,028 sq ft
Structure Type Townhouse
Basement Other
Lot Size 2,250 sq ft
Parcel # 01234-0034
Block/Lot 01234/0034

Listing History

Event Date Price Change
Listed Nov 2, 2026 $2,750,000 -
Currently Nov 2, 2026 $2,750,000 -

Description

Don't miss this magnificent Renaissance Revival townhouse, situated in the Crown Heights historic district, and clocking in at over 4000 SF with every single historic detail fully intact. This lovingly maintained and museum quality 2-family home can be used as a massive single family home, or take three floors for yourself and rent out the garden level to help subsidize your mortgage. The current owners have chosen to use as a single family, but a second kitchen on the top floor still exists, so you have options from the day you move in. Built in 1896 by Architect George Chappell and filled with the opulence of a by-gone era, every single period detail has been preserved in place, with the addition of modern upgrades over time to assure comfortable living. Situated between Nostrand and New York Aves, the property is surrounded by architecturally significant mansions just a stone's throw from the A/2/3 subways and Prospect Heights. Cultural institutions outside your door include the Brooklyn Children's Museum, the Brooklyn Museum, The Botanic Gardens, and the Brooklyn Public Library. Green spaces abound as well including your very own extra south-facing backyard, plus Brower Park and Prospect Park. A mouth-watering array of restaurants also awaits on Franklin, Washington and Vanderbilt aves. Distinguished by an elegant facade of limestone and brick with a curved bay window and carved limestone colonnades, head up the stoop into a triple parlor of awe-inspiring proportions, dripping in details from front to back. A front parlor welcomes you home through mahogany archways and columns topped with elegant fretwork and dentil molding picture rails, plus a large Piers mirror, and wedding-cake plaster ceilings. The central parlor still contains all the original millwork including built-in bookshelves flanking a magnificent mantle complete with original ceramic tiles. An extra wide back parlor makes for a sizable and stylish living room with its richly wainscoted walls and dramatic coffered ceilings. An additional mantle with the original Delft tile completes the space. A renovated bathroom on this level includes a pedestal sink, brass hardware, and even a window! Original wood floors with inlaid borders are featured throughout the house. Head up a majestic staircase with a baroque hand carved newel post and baluster design, the likes of which could never be re-created today. The primary bedroom on this floor spans the entire width of the house and offers a window seat at the base of an enormous bay window with a truly unrivaled decorative mantle and mirror. Enjoy a dressing room with the original shaving sink and mirrored medicine cabinet and drawers with brass hardware still intact. The second bedroom on this floor has quiet garden views. A renovated full bathroom on this floor maintains all the charm of the house by incorporating the original floral ceramic border tile with new matching ceramics, a vintage vanity with new hardware and sink, and a glass enclosed shower. The next floor up offers two more additional bedrooms, including a room in front that spans the entire width of the house and enjoys treelined views. A stained-glass skylight ensures that light streams down the staircase all day long. The full bath on this floor has also been newly renovated. Head back down to the garden level and prepare to be amazed at the unexpectedly high ceilings. Enter the formal dining room through a set of French doors and plan to entertain a crowd for the holidays in an elegant space outfitted with yet another stunning mantle. A renovated and spacious eat-in kitchen off the garden takes its design inspiration from a French bistro kitchen, offering wood cabinetry, a Carrara marble island, Quartz countertops, subway-tiled backsplash, custom shiplap millwork and a Blue Star range. Offering even more flexibility is the full bath on this floor. Easy access between the kitchen and the lush and sunny garden makes this truly special offering complete.

Features & Amenities

Interior Features

High Ceilings Smoke Free Storage Washer Hookup In Unit Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 3
Structure Townhouse

Financial Details

RE Taxes $5,904/yr ($492/mo)

Crown Heights is a dynamic and architecturally rich neighborhood in central Brooklyn. Famous for its grand boulevards and impressive collection of pre-war apartment buildings and brownstones, the area offers a sense of scale and history. Residents enjoy proximity to the Brooklyn Museum, the Botanic Garden, and a active restaurant scene along Franklin and Nostrand Avenues, making it a popular choice for those seeking space and culture.

Crown Heights Live Market Data

View Neighborhood

Active Listings

76

Median Asking Price

$1.30M

Median $/Sqft

$1,085

Avg Days on Market

N/A

New This Week

4

Price Reduced

30%

Sold (30 Days)

12

Median Sale Price

$1.48M

Live data from RLS at REBNY • Updated 11/2/26, 11:39 AM EST

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Location

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868 PROSPECT Place, Crown Heights, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1896
Year Built
130 years old
3
Floors
2
Residential Units
R6
Zoning District
Two Family Dwellings Historic District: Crown Heights North II Historic District

Tax & Assessment

Assessed Value: $122,580
Land Value: $26,940
Exemptions: $0

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

Lot Area: 2,250 SF
Building Area: 4,028 SF
Built FAR: 1.79
Allowed FAR: 2.43

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 annual property tax is $5,904, or roughly $492 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 4,028 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1925, making it approximately 101 years old.

This listing is None

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

At the current list price of $2,750,000 for 4,028 sq ft, the asking price per square foot is approximately $683. 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: RLS20123652
First Listed: 11/2/2026
On Market: 11/2/2026
Price Changed: 11/2/2026
Contract Date: 11/2/2026

Listing Courtesy of Corcoran Group - Deborah Lee Rieders

Listing Contact: (917) 494-2503

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 11/2/2026 at 4:39 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Crown Heights Market Update

12 sales last 30 days · $1.30M median · 6.3 months supply

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Quick Facts

Status Active Type Multi Family Neighborhood Crown Heights Borough Brooklyn
County Kings
Floor 1 of 3
Year Built 1925
First Listed 11/2/2026
Living Area 4,028 sqft
Annual Tax $5,904

Monthly Costs Estimate

Down Payment 20%

$550,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $492
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 $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$34,375

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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