$884,500
Updated 7 years ago
Sold

727 Prospect Place, 1-A

Crown Heights, Brooklyn | Rogers Ave & Nostrand Ave

Loft 4 Rooms2 Beds1.5 Baths1,216 Square FeetCondo

$884,500
Common Charges$388
RE Taxes$20
Price Per SF
$727

This property was sold for $884,500 on 06/21/19.

Listing Features

  • High Ceilings
  • Recessed Lighting
  • Washer / Dryer
  • Flr-to-Clg Windows
  • New Windows
  • Dishwasher
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Jacuzzi Tub
  • Powder Room

Outdoor space and views

  • South Exposure

Building Amenities

  • Voice Intercom

Property Description for 727 Prospect Place, 1-A

Located in the center of Crown Heights, unit 1A is a modern, spacious loft-style condo. The open, flexible layout allows it to function currently as a two bedroom. It features oak floors, stainless steel appliances, two full bathrooms, washer/dryer, ample closet and storage space, video intercom, and floor to ceiling windows.

Boasting over 1200 square feet, this condo provides additional value with a 25-year 421a tax abatement (until 2034) and low common charges at $388 per month.

Commuting anywhere in the city is easy with the 2/3/4/5 at Franklin Avenue, the A/C at Nostrand Avenue, and the Park Place shuttle.

Some of the best restaurants and entertainment Brooklyn has to offer are steps from your door. Franklin Avenue is just two blocks away, and Nostrand Avenue less than one block. Cultural hot spots such as the Brooklyn Museum, Brooklyn Public Library, Brooklyn Botanic Garden, Prospect Park, and the Grand Army Plaza Greenmarket are all within walking distance.

Building Details for 727 Prospect Place

OwnershipCondo
Building TypeTownhouse
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built2010
Financing Allowed90%
Floors/Apts4/8
Learn More About the Building

Transit and Citi Bike

Subway

Park Pl
0.29 miles
Nostrand Av
0.34 miles
Franklin Av-Medgar Evers College
0.41 miles
Nostrand Av
0.42 miles
Franklin Av
0.46 miles

Railroad

Nostrand AvenueLong Island Rail Road
0.34 miles

Citi Bike

Prospect Pl & Nostrand Ave
0.1 miles
Bedford Ave & Bergen St
0.13 miles

Contact Agent

Contact Agent

Joshua Rich
Spire Group

Crown Heights | Brooklyn

Quick Profile

Originally known as Crown Hill by the Lenape Indians that lived there, Crown Heights has evolved into a diverse neighborhood, occupied primarily by Hasidic Jews and one of the largest Caribbean populations to be found anywhere outside of the West Indies. 

Head over to Nostrand Avenue, one of the main West Indian commercial areas in the neighborhood, which is lined with stores that have been in those exact same places for generations, providing their goods and services to area residents. Kingston Avenue has similar commercial activities that support the Jewish community, and Franklin Avenue shows the most signs of change and gentrification, with an ever-expanding mix of yoga studios, coffee shops, and organic grocery stores that serve the influx of young professionals. No matter which of these areas you visit, you will find an interesting mix of businesses that you wouldn’t normally picture as existing side-by-side. It is all part of the cultural diversity of Crown Heights.

The neighborhood is bisected, from east to west, by Eastern Parkway, which is a beautiful, 3-mile-long boulevard lined with mature trees. This leafy oasis was designed by Frederick Law Olmsted, famed designer of Central Park, the Biltmore Estate in North Carolina, and the U. S. Capitol in Washington, D. C.

You will find a mix of low-rise apartment buildings, large middle-class elevator buildings, brownstones, and some luxury buildings. Century-old architecture stands next to modern residential developments in a visually interesting mix of styles, much as the diversity of the residents exists. People who would not normally meet and mix are forging new pathways to cultural understanding by working, living, and playing together in the same neighborhood.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 266143