Updated 7 years ago
Off Market
857 Prospect Place
Prospect Heights, Brooklyn | Nostrand Ave & New York Ave
5 Baths3,240 Square FeetIncome Property
$1,925,000
floors / apts4 / 6
Lot Size30'x125'
Built Size20'x45'
ZoneR6
Building TypeTownhouse
RE Taxes$10,224
Price Per SF
$594
Listing Features
- Original Details
Property Description for 857 Prospect Place
This is the one you've been waiting for. Located in the Crown Heights North Historic District, 857 Prospect Place is a stately home ready to be restored to its original glory. Semi-detached and sitting on an oversized lot, 30' X 125.25', this is a massive home with 3 parking spaces to boot. The amount of original detail will amaze you. There is a total of 6 grand mantled fireplaces, original wood doors, hardwood floors, stained glass details, pier mirrors, and well kept wood built ins.
As you enter the parlour level you will find a full size 2 bedroom apartment with 10'+ ceilings and parquet floors. On the next level you have 2 studio apartments each with a fireplace and wood detailing. The top floor has 4 bedrooms, 2 of which are gutted, a bathroom and a kitchen.
Great possibility for developers in the area looking for condo conversions or renovation work. There may be up to 60% of unused FAR to further expand and build upon this site.
Prime Crown Height location, this home is on a beautiful tree lined street. This thriving neighborhood has it all. You will be close to a library, trendy boutiques, cafes, restaurants, and more. The Children's Museum and Brower Park are only a block away. A short distance to the West and you will be at in Brooklyn's cultural enclave near Brooklyn Museum, Prospect Park, Botanical Gardens, Brooklyn Zoo, and Grand Army Plaza. Transportation options are plentiful. South on Eastern Parkway you have Franklin & Nostrand Ave trains 2,3,4,5,S. North on Fulton Avenue there's Nostrand Ave A/C line as well as the LIRR on Atlantic Avenue. Additionally you have multiple bus lines on the major Avenues.
Currently 2 units are occupied on a month to month basis. Selling as is with tenants but they are in the process of relocating. Home is heated via gas. Major work is needed but this labor of love will be your masterpiece. Bring your architect/contractor and get started today!
As you enter the parlour level you will find a full size 2 bedroom apartment with 10'+ ceilings and parquet floors. On the next level you have 2 studio apartments each with a fireplace and wood detailing. The top floor has 4 bedrooms, 2 of which are gutted, a bathroom and a kitchen.
Great possibility for developers in the area looking for condo conversions or renovation work. There may be up to 60% of unused FAR to further expand and build upon this site.
Prime Crown Height location, this home is on a beautiful tree lined street. This thriving neighborhood has it all. You will be close to a library, trendy boutiques, cafes, restaurants, and more. The Children's Museum and Brower Park are only a block away. A short distance to the West and you will be at in Brooklyn's cultural enclave near Brooklyn Museum, Prospect Park, Botanical Gardens, Brooklyn Zoo, and Grand Army Plaza. Transportation options are plentiful. South on Eastern Parkway you have Franklin & Nostrand Ave trains 2,3,4,5,S. North on Fulton Avenue there's Nostrand Ave A/C line as well as the LIRR on Atlantic Avenue. Additionally you have multiple bus lines on the major Avenues.
Currently 2 units are occupied on a month to month basis. Selling as is with tenants but they are in the process of relocating. Home is heated via gas. Major work is needed but this labor of love will be your masterpiece. Bring your architect/contractor and get started today!
Listing History for 857 Prospect Place
Now
10/26/2019
POM by Shakira CoPenny
Douglas Elliman
09/03/2019
$1,925,000 [-$174,000] [8.3%]
Price Drop by Shakira CoPenny
Douglas Elliman
Building Details for 857 Prospect Place
OwnershipIncome Property
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts4/6
Transit and Citi Bike
Subway
Nostrand Av
0.34 miles
Nostrand Av
0.44 miles
Kingston Av
0.46 miles
President St-Medgar Evers College
0.47 miles
Railroad
Nostrand AvenueLong Island Rail Road
0.28 miles
Citi Bike
New York Ave & St Marks Ave
0.07 miles
Prospect Pl & Nostrand Ave
0.12 miles
Prospect Heights | Brooklyn
Quick Profile
Prospect Heights is a small residential neighborhood surrounded by big attractions. It’s rich in culture and offers the perfect blend of old Brooklyn charm and modern-day hipness.
Residents of this tight-knit community include young professionals, families and long-time residents. It’s a walkers paradise - just steps from Prospect Park and a short walking distance to neighborhoods like Downtown Brooklyn, Fort Green and Clinton. You’re close to culture too. Brooklyn Museum, Brooklyn Library, Brooklyn Botanical Garden, Brooklyn Academy of Music and the Barclays Center are all nearby.
Prospect Heights is bordered by Flatbush Avenue to the west, Washington Avenue to the east, Atlantic Avenue and Dean Street to the north and Eastern Parkway to the south.
Prospect Heights, like many areas of New York City, was first inhabited by indigenous tribes and eventually settled by the Dutch and turned into farmland.
A significant part of the Revolutionary War was fought in Prospect Heights and the surrounding areas. Known as the Battle of Brooklyn, it was the first military engagement following the Declaration of Independence. Things didn’t go so well for American forces so they retreated and the British occupied Manhattan for several years after the Battle of Brooklyn.
In 1867, the opening of Prospect Park caused major housing growth in Prospect Heights. The middle-class neighborhood was soon populated by Jewish, Italian, and Irish workers. Many of which were shop-owners or employed as laborers in nearby factories.
Housing in Prospect Heights includes single-family row houses, historic townhouses, co-ops, and new luxury condos. The median listed price for a 1-bedroom in Prospect Heights is $680,000 with an average price per square foot is $944.
The neighborhood's commercial artery runs along Vanderbilt Avenue and Washington Avenue. The variety of businesses adds to the charm of the neighborhood. They include bars, pubs, restaurants and mom-and-pop stores of all types. The shops and eateries are a perfect alternative to the big-name attractions that bracket the neighborhood. It's a little bit of everything in this neighborhood.
Subways are plentiful in Prospect Heights. Its proximity to Manhattan is another perk of the neighborhood. It's about a half-hour train ride. The B, D, N, Q, R, 2, 3, 4 and 5 subway lines all serve the Atlantic Avenue/Barclays Center station. 2, 3, 4, B and Q trains cover the neighborhood and the A and C trains are nearby too.
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: 76037TH
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