PENDING
$15K PRICE DROP
738 Prospect Place Brooklyn, NY 11216
Crown Heights NeighborhoodEstimated payment $10,158/month
Total Views
5,724
4
Beds
2.5
Baths
1,954
Sq Ft
$926
Price per Sq Ft
Highlights
- Deck
- Cooling Available
- Patio
About This Home
Timeless Elegance and Modern Versatility.
Nestled on a quiet one-way street between Nostrand and Rogers Avenues, 738 Prospect Place is a meticulously designed 3-story, 2-unit Federal-style brick townhouse offering both charm and functionality. Spanning 1,954 SF, this home provides an incredible opportunity for versatile living, and a rare chance to own a classic Brooklyn townhouse at an amazing price.
The current layout includes a 3-bedroom, 2-bathroom duplex above a legal 1-bedroom converted into a 2-bed, 1-bathroom garden apartment duplexed into the finished basement. The upper duplex boasts an open-concept living area with hardwood floors throughout, making it conducive for entertaining. The rear bedroom (used as a den) leads to a deck that spans the width of the home, overlooking a spacious backyard-a serene spot for morning coffee or evening relaxation. Upstairs, two generously sized bedrooms are separated by a hallway with a laundry center and full bathroom. Oversized windows flood the home with natural light, creating a bright and welcoming atmosphere. The garden unit offers a flexible 1-bedroom converted into a 2-bedroom layout with a finished basement that can serve as a rental unit, guest quarters, or home office, providing excellent potential for rental income or conversion into a one-unit home.
Located in proximity to everyday conveniences on Nostrand Avenue and the vibrant nightlife of Franklin Avenue, this townhouse provides easy access to some of Brooklyn's best dining, shopping, and entertainment. With proximity to multiple subway lines and green spaces like Prospect Park, 738 Prospect Place offers a perfect blend of classic architecture, modern updates, and unmatched versatility. Find Your Sweet Spot.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $888
Year Built
- Built in 1935
Lot Details
- 1,458 Sq Ft Lot
- Lot Dimensions are 100.00x14.58
Interior Spaces
- 1,954 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Outdoor Features
- Deck
- Patio
Utilities
- Cooling Available
Community Details
- Crown Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 0020 / 01233
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $878 | $102,120 | $17,580 | $84,540 |
| 2023 | $888 | $125,280 | $17,580 | $107,700 |
| 2022 | $856 | $102,540 | $17,580 | $84,960 |
| 2021 | $841 | $84,720 | $17,580 | $67,140 |
| 2020 | $631 | $70,800 | $17,580 | $53,220 |
| 2019 | $713 | $69,960 | $17,580 | $52,380 |
| 2018 | $683 | $4,809 | $1,750 | $3,059 |
| 2017 | $673 | $4,771 | $1,405 | $3,366 |
| 2016 | $590 | $4,502 | $1,790 | $2,712 |
| 2015 | $323 | $4,248 | $1,945 | $2,303 |
| 2014 | $323 | $4,008 | $2,202 | $1,806 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Price Changed | $1,810,000 | -0.8% | $926 / Sq Ft |
| 02/24/2025 02/24/25 | Pending | -- | -- | -- |
| 09/03/2024 09/03/24 | For Sale | $1,825,000 | -- | $934 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $50,000 | No Value Available | |
| Open | $305,300 | No Value Available | |
| Closed | $295,365 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11013453
APN: 01233-0020
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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