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405 Park Place

Prospect Heights, Brooklyn | Underhill Ave & Washington Ave

14 Rooms6 Beds4.5 Baths3,440 Square FeetMulti-Family

$5,200,000
floors / apts4 / 3
Lot Size18'x131'
Built Size18'x43'
ZoneR6B
Building TypeTownhouse
RE Taxes$9,252
Price Per SF
$1,512

Listing Features

  • Original Details

Outdoor space and views

  • Backyard
  • Garden

Building Amenities

  • Voice Intercom

Property Description for 405 Park Place

Welcome to 405 Park Place, a beautiful four-story, three-family brownstone on one of the most sought-after, tree-lined blocks in vibrant Prospect Heights, Brooklyn. Set on an extra-deep 131 foot lot, this home offers space, character, and the potential to generate six-figure annual rental income. The owner's garden parlor duplex features a spacious eat-in country-style kitchen, a formal dining room and living room that flow together in an open-concept layout, and a convenient half bath. Upstairs, the parlor floor serves as the private living quarters, featuring two bedrooms, each with its own en-suite bathroom. The grand parlor room, currently used as a bedroom, features oversized windows, stained glass transoms, high ceilings, and a decorative ceiling medallion. Throughout the home, original details add warmth and character, including original hardwood floors, pocket doors, five-panel wood doors, detailed baseboard moldings, built-in cabinetry, an ironing board cabinet, cedar-lined closet, French doors, tin ceiling, and original bannister with spindles and newel post. The parlor-level foyer retains its grand original entry doors and pier mirror. Each unit has its own washer and dryer, dishwasher, microwave, and central heating and air conditioning with stainless steel LG appliances. Additional storage is available in the basement. For buyers looking to own a piece of Brooklyn history while creating substantial rental income, four o five Park Place offers a rare combination of historic character, generous space, and income-producing potential.

Listing History for 405 Park Place

Now
10/02/2026
$5,200,000
Initial Price by Cornelia Thomas
Compass
2026

Building Details for 405 Park Place

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

Eastern Pkwy-Brooklyn Museum
0.28 miles
Grand Army Plaza
0.35 miles
Park Pl
0.37 miles
7 Av
0.42 miles
Botanic Garden
0.48 miles

Citi Bike

Washington Ave & Park Pl
0.06 miles
Prospect Pl & Underhill Ave
0.1 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: 55404TH