***Developers Dream*** Amazing Investment opportunity located in the Pro-Cro section of Brooklyn which borders Prospect Heights and Crown Heights! **Full Set up Available Upon Request**Fantastic opportunity to purchase a prime development site at 732 Prospect Place by removing the existing Frame property which will then allow you to construct an amazing 8,049 SF 8-Unit Condo with spacious two-and-three bedroom layouts. Zoned R6A with a maximum height of 70 feet. The lot is 21 wide by 127.75, a lot size of 2,683 square feet with a max of 8,049.732 Prospect Place sits on a tree-lined Rapidly Expanding residential block Bustling with other sold out condominium projects. Close to exceptional dining and transportation. Prospective Square Footage: Cellar Floor: 937 Square Feet First Through Fourth Floor: 1,741 Square Feet 2nd level of Penthouse: 506 Square Feet Total Square Footage: 8,404Prospective Units: 1A - 700 square foot two bedroom 1B - 925 square foot three bedroom 2A - 700 square foot two bedroom2B - 925 square foot three bedroom3A - 700 square foot two bedroom 3B - 925 square foot three bedroom 4A - 700 square foot two bedroom 4B - 1,400 square foot four bedroom penthouse Disclaimer: All images and Architectural Renderings are subject to copyright and may not be published or reproduced without permission. Architectural Renderings are representations of a proposed design and may not be current or could have changed.
Property Details
Property Features
Property Information:
Year Built: 1935
Living Area: 8,049 SqFt
Listing Office:
Office Name: Compass
Office Phone: (212) 913-9058
Listing Agent: Terrence Harding
Agent Phone: (212) 945-8769
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 8
Total Bedroom Count: 12
Exterior Features
Parking Information:
Attached Garage: No
Price Information
Listing Price Info
Price Summary:
List Price: $2,050,000
Price Per SqFt: $255/SqFt
HOA Fees:
Amount: $0
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 12/18/2024, 5:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$10.2K
Per Month
Principal & Interest
$10.2K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,213
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
P.S. 316 Elijah Stroud School
750 Classon Ave
Distance between this listing and this school0.44 miles
Public District Grades KG-6
4
/10
Brooklyn Arts and Science Elementary School
443 Saint Marks Ave
Distance between this listing and this school0.45 miles
Public District Grades KG-5
4
/10
P.S. 93 William H. Prescott School
31 New York Ave
Distance between this listing and this school0.46 miles
Public District Grades KG-6
Nearby Schools
6
/10
P.S. 138 Brooklyn
760 Prospect Pl
Distance between this listing and this school0.04 miles
Public District Grades PK-8
9
/10
Success Academy Charter School-Prospect Heights
801 Park Pl Fl PL-4th
Distance between this listing and this school0.05 miles
Public Charter Grades KG-8
6
/10
Explore Exceed Charter School
443 Saint Marks Ave Rm 114
Distance between this listing and this school0.44 miles
Public Charter Grades KG-8
Nearby Schools
6
/10
Medgar Evers College Preparatory School
1186 Carroll St
Distance between this listing and this school0.50 miles
Public District Grades 6-12
1
/10
International High School at Prospect Heights
883 Classon Ave
Distance between this listing and this school0.56 miles
Public Magnet Grades 9-12
6
/10
High School for Global Citizenship (The)
883 Classon Ave
Distance between this listing and this school0.56 miles
The neighbors living near this home have an average income of $36,536. The majority of New York, NY residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 732 Prospect Place
What is the listing price of this property?
The listing price of 732 Prospect Place property is $2,050,000.
What type of property is this?
The property 732 Prospect Place is a townhouse located in New York City, New York, 11216.
Is this property for sale now?
Active Listing: 732 Prospect Place is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 732 Prospect Place has 12 bedrooms and 8 bathrooms.
What is the square footage of this property?
The property 732 Prospect Place is 8,049 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 732 Prospect Place is 1935.
This home is located at 732 Prospect Place in New York City, NY and zip code 11216 in the Central Brooklyn neighborhood. This 8,049 square foot home was built in 1935. Features: 12 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since November 01, 2023 and is currently priced at $2,050,000.
While more than 220 listings in New York, NY in November 2024 were sold above asking price, there were more than 769 listings sold at asking price, and more than 758 were sold below. The inventory of homes for sale in New York, NY between October 2024 and November 2024 decreased by 7.2%. While the average time on the market in November 2024 was 85 days, the median list price was $850,115.
From Rocket Homes Real Estate and based on county public records data.