$799,000 $875,000
Updated 5 hours ago
Price drop

Rivera Court

338 Prospect Place, 1-B

Prospect Heights, Brooklyn | Underhill Ave & Washington Ave

4 Rooms2 Beds1 Bath605 Square FeetCondo

$799,000 $875,000
Common Charges$621
RE Taxes$381
Price Per SF
$1,321

Listing Features

  • Abundant Closets
  • Hardwood Floors
  • Recessed Lighting
  • Refinished Floors
  • Separate Dining Area
  • Washer / Dryer
  • Dishwasher
  • Open Kitchen
  • S Steel Appliances
  • Windowed Kitchen

Outdoor space and views

  • North 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, 1-B

*** Showings By Appointment Only*** This is the Prospect Heights find you’ve been waiting for. Tucked away on a quintessential tree-lined block, this beautifully renovated two-bedroom condo strikes that rare balance between classic Brooklyn soul and sleek, modern functionality. The heart of the home is an expansive, open-concept living and dining area that feels airy and effortless. It flows directly into a windowed kitchen that’s been thoughtfully updated for anyone who actually loves to cook. Both bedrooms are generous in scale, soaked in natural light, and offer plenty of closet space to keep life organized. With original hardwood floors underfoot and a pristine, windowed bathroom, the space feels polished yet incredibly welcoming. Life here comes with some serious perks. The building offers the convenience of a doorman, a beautifully landscaped courtyard for a breath of fresh air, plus on-site laundry and bike storage. The location is truly unbeatable. You’re just moments from the lush greenery of Prospect Park and the incredible energy of the local dining and boutique scene. Iconic landmarks like the Brooklyn Museum and the Brooklyn Public Library are right in your orbit, and with multiple subway lines nearby, the rest of the city is within easy reach. It’s not just an apartment; it’s a front-row seat to the very best of Prospect Heights.

Listing History for 338 Prospect Place, 1-B

Now
09/30/2026
$799,000 [-$76,000] [8.7%]
Price Drop by Justin Dupree
Compass
07/08/2026
$875,000
Initial Price by Justin Dupree
Compass

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 Agents

Contact Agents

Licensed As
Nisat Begum
Salesperson
License#:
10401367937
Company:
Compass
View this property on the company's website

Building Availability

APPSF
Median
Average
$1,321
$799,000
$799,000
$1,034
$395,000
$395,000
Last 12 months
$1,336
-
-
Last 12 months
$86
-
-

Two Beds in Prospect Heights

APPSF
Median
Average
$1,298
$1,262,500
$1,223,800
$1,435
$1,597,500
$1,594,571

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: 193969