SOLD FOR $2,700,000
Listed at $2,600,000 · Sold 3.8% above asking · Closed July 20, 2021
651 VANDERBILT Avenue
MLS® #RLS10696484
Listing by The Corcoran Group
6
Bedrooms
3.5
Baths
N/A
Sq. Ft.
1930
Year Built
Quick Summary
Property Highlights
- Style: Prewar architecture
- Character: Pre-war building (1930)
Property Details
Description
All showings by private appointment only. An incredible investment opportunity awaits on one of Brooklyn?s premier retail corridor in Prospect Heights. 651 Vanderbilt Avenue is a stunning, brick, 3 story, mixed use townhouse with a thriving retail space and two free market, 3 bedroom apartments situated just blocks from the Prospect Park promenade. This 18.75 ft x 55 ft building with a classic, well-maintained 1930?s brick façade, sits on an 18.75 ft x100 ft lot creating an incredible 3,100 sqft above grade with an over 1000 sqft basement and a huge backyard. As currently configured, this 3 Unit mixed use building generates a 5% cap rate and is a turnkey money maker with an abundance upside for years to come. The savvy investor can untap its true potential with over 4,400 sqft of unused FAR or consider it as an owner occupier of the available vacant residential or for future business endeavor. The thriving and established retail space features a highly respected wine store that sits on one of the most well trafficked commercial corridors in Brooklyn and the two full floor apartments feature warm, inviting 3 bedroom layouts with large windows allowing for an abundance light and picturesque sunsets. 651 Vanderbilt Avenue is located just 3 blocks from Grand Army Plaza, Prospect Park which offers a plethora of social, cultural events the farmer?s market as well as blocks to all the major cultural institutions like the Brooklyn Museum, Brooklyn Central Library, the Brooklyn Botanic Gardens and many more. This location is truly a focal point to all must have amenities and established retails in Prime Prospect Heights, a premier Brooklyn neighborhood offering popular variety of restaurants, coffee shops, and trendy retail stores. It also offers fantastic public transportation of the B,Q,2,3 Subways. Do not miss this chance at this rare offering at 651 Vanderbilt Avenue. Additional photos and videos are available upon request.
Building Information
About Prospect Heights
View All Prospect Heights ListingsProspect Heights is a small but culturally dense neighborhood that offers the best of Brooklyn living. Anchored by the Brooklyn Public Library and the Grand Army Plaza, the area provides immediate access to Prospect Park and the Brooklyn Museum. The real estate market is a sophisticated blend of historic brownstones, stately pre-war cooperatives, and high-end new developments like Pacific Park, offering a range of options for modern urbanites.
Prospect Heights Live Market Data
View NeighborhoodActive Listings
24
Median Asking Price
$850K
Median $/Sqft
$1,238
Avg Days on Market
N/A
New This Week
3
Price Reduced
8%
Sold (30 Days)
6
Median Sale Price
$1.58M
Live data from RLS at REBNY • Updated 3/26/26, 12:19 PM EST
Similar Listings in Prospect Heights
View AllLocation
651 VANDERBILT Avenue, Prospect Heights, Kings County • Near Prospect Place/Park Place
Floor Plans
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
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Listing Courtesy of The Corcoran Group - Tom Le
Listing Contact: (718) 422-2524
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RLS Data display by Keller Williams NYC. Data last updated on 3/26/2026 at 4:19 PM UTC