1 month on rocket

738 Prospect Place, New York City, NY, 11216

$1,825,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
1,954 SqFt
$934/SqFt
Townhouse

Location

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738 Prospect Place, New York$1,825,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1935
CoolingOther
ViewOther
MLS #RPLU-33423172871
StatusActive

About 738 Prospect Place

Timeless Elegance and Modern Versatility. <br> 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.<br> 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.<br> 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.<br>

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Living Area: 1,954 SqFt

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Toni Martin
  • Agent Phone: (718) 288-7703

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Other

Utilities

Utilities Information:

  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,825,000
  • Price Per SqFt: $934/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

738 Prospect Place vs New York

39 DAYS ON ROCKET

-45 Days

$1,825,000

+$968.8K More

$934/SqFt

+$289 More

KEY TAKEAWAY

This property is $968.8K more than the Median Sold Price and $289/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33423172871

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Toni Martin
  • Agent Phone: (718) 288-7703

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

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: 11/16/2024, 1:20:50 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

$9,176

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,538

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.

Nearby Schools

school-card-donut-11515
4
/10

  • P.S. 93 William H. Prescott School

  • 31 New York Ave

  • 0.45 miles

  • Public District Grades KG-6

school-card-donut-11516
8
/10

  • P.S. 316 Elijah Stroud School

  • 750 Classon Ave

  • 0.46 miles

  • Public District Grades KG-6

school-card-donut-11517
4
/10

  • Brooklyn Arts and Science Elementary School

  • 443 Saint Marks Ave

  • 0.46 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,536. Residents of New York, NY typically earn less than $35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 738 Prospect Place

What is the listing price of this property?

The listing price of 738 Prospect Place property is $1,825,000.

What type of property is this?

The property 738 Prospect Place is a townhouse located in New York City, New York, 11216.

Is this property for sale now?

Active Listing: 738 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 738 Prospect Place has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 738 Prospect Place is 1,954 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 738 Prospect Place is 1935.

Rocket Homes›New York›Kings County›New York›11216›738 Prospect Place

This home is located at 738 Prospect Place in New York City, NY and zip code 11216 in the Central Brooklyn neighborhood. This 1,954 square foot home was built in 1935. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $1,825,000.

New York, NY housing market in October 2024 saw over 269 listings sold above listed price, more than 850 sold at listed price and over 833 sold below. Between September 2024 and October 2024, New York, NY real estate market has seen increase in the number of listings by 1.8%. While the average time on the market in October 2024 was 84 days, the median list price was $856,124.

From Rocket Homes Real Estate and based on county public records data.

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