Updated 6 hours ago
In contract

Rivera Court

338 Prospect Place, 5-D

Prospect Heights, Brooklyn | Underhill Ave & Washington Ave

2 Rooms1 Bed1 Bath600 Square FeetCondo

$749,000
Common Charges$1,176
RE Taxes$572
Price Per SF
$1,248

Listing Features

  • Corner Apartment
  • High Ceilings
  • Penthouse/Top Flr
  • Walk-in Closet
  • Dishwasher
  • Microwave
  • S Steel Appliances
  • Windowed Kitchen

Outdoor space and views

  • Private Roof [750 SF]
  • City Views
  • South Exposure
  • West Exposure

Building Amenities

  • Full-Time Doorman
  • Bike Storage
  • Courtyard
  • Laundry Room
  • Roof Deck
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 338 Prospect Place, 5-D

Welcome to your urban oasis at 338 Prospect Place, Unit 5D, in one of Brooklyn’s most vibrant neighborhoods. With its high ceilings and natural light, this apartment is a true gem in Prospect Heights! Situated in a classic pre-war low-rise building that exudes charm and character, this cozy yet spacious unit is located on the fifth floor, and has an internal staircase that leads to an enormous private roof deck. The outdoor space is 750 sq ft, and is equipped with electricity and water, so you can create a lovely retreat from the hustle and bustle of the city. Inside, you'll find a living space that provides a versatile area for relaxing or entertaining, and a generously-sized bedroom with a walk- in closet. The Rivera Court Condominium is a 50-unit, pet-friendly, full-service building with a doorman, laundry facilities, and bike storage in the basement. The location is unbeatable: just one block from the bustling shopping, dining, and nightlife on Vanderbilt and Washington Avenues, a short stroll to Prospect Park, the Brooklyn Botanic Garden, the Brooklyn Museum, and the Brooklyn Public Library. You'll also have easy access to the 2,3,B,Q subway lines. This is your opportunity to own a beautiful home in one of Brooklyn's most desirable neighborhoods!

Listing History for 338 Prospect Place, 5-D

Now
07/28/2026
Contract Signed by Teri Cavanaugh
Corcoran
05/26/2026
$749,000
Initial Price by Teri Cavanaugh
Corcoran

Building Details for 338 Prospect Place

OwnershipCondo
Building TypeLow-Rise
Service LevelFull-Time Doorman
AgePre-War
AccessWalk-up
Year Built1931
Financing Allowed90%
Floors/Apts5/50
Learn More About the Building

Transit and Citi Bike

Subway

Grand Army Plaza
0.32 miles
Eastern Pkwy-Brooklyn Museum
0.33 miles
7 Av
0.37 miles
Park Pl
0.42 miles
Clinton-Washington Avs
0.45 miles

Citi Bike

Prospect Pl & Underhill Ave
0.03 miles
Washington Ave & Park Pl
0.12 miles

Contact Agent

Contact Agent

Licensed As
Teri A Cavanaugh
Associate Broker
License#:
10301215524
Company:
Corcoran
View this property on the company's website

Building Availability

APPSF
Median
Average
$1,289
$674,500
$674,500
$87
$3,000
$3,000

One Bed in Prospect Heights

APPSF
Median
Average
$1,264
$1,135,000
$1,210,000
$1,223
$630,000
$675,222

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: 2180857