Active

388 Prospect Avenue

Brooklyn NY, 11215

$3,150,000


$731.03 per sqft

Active

10 Beds

5 Baths

4,309 sqft

Multi-family

Built in 1931

This 4,309-square-foot, 5-family residence at 388 Prospect Avenue, built in 1931, spans 25 feet by 60 feet on an 80-foot lot along Prospect Avenue, nestled between 7th and 8th Avenues in the heart of South Slope. This property is ideal for converting into premium condos within a highly coveted location, offering an array of possible configurations.

Enjoy lofty ceilings on the three upper floors (9'8 - 9'11"), in addition to the windowed basement level, which has been excavated for added height of 7'3". An existing sprinkler system enhances safety and convenience. Embrace the quintessential Brownstone Brooklyn lifestyle with effortless access to the vibrant shopping, dining, and transit hubs of Prospect Park West, all a short stroll away. Just minutes on foot, Prospect Park serves as a tranquil oasis, offering a serene retreat from urban life.

The neighborhood also boasts a strong sense of community with local events, farmers' markets, and cultural festivals. For those who commute, multiple subway lines and bus routes are conveniently nearby, providing seamless connectivity to the rest of Brooklyn and Manhattan. With a blend of urban convenience and suburban tranquility, 388 Prospect Avenue is an ideal place to live and invest.

OLRS-0096447

MLS ID

June 19, 2024

Listed

November 2, 2024

Updated

Map

388 Prospect Avenue
Brooklyn NY, 11215

Interior Features

Total Stories

3


Bedrooms

10


Total Bathrooms

5


Full Bathrooms

5


Half Bathrooms

1


Laundry Description

See Remarks


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.05 Acres


Architectual Style

Prewar, Walk-Up

Other Property Details

Taxes

$7,138


Tax Frequency

Annually


Garage

No


View

No


County

Kings


Pool

No


Zoning

R5B

Listing History

Date

Event

Price

11/1/2024

Price change

$3,150,000

-10%

9/18/2024

Price change

$3,500,000

-2%

Listed by Elizabeth Kohen with Garfield Realty Corp
Listing Contact: (718) 622-7600 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 11/2/2024 at 10:44 AM UTC

 

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