RealtyLens
for saleRealtyLens property overview
$1,549,000

736 Prospect Pl Unit 1

Brooklyn, NY, 11216
View more Brooklyn, NY property pages
2Beds
3Baths
1,610Sqft
$962$/sqft

Listing Notes

There are apartments, and then there are homes. Residence 1 at 736 Prospect Place is firmly in the second category. This exceptional garden duplex offers a living experience that feels more like a townhouse than a condominium with approximately 1, 125 SF of thoughtfully designed interior space on the main floor, a dedicated 485 SF recreation level, and a sprawling 631 SF private rear yard that brings genuine indoor-outdoor living to one of Brooklyn's most sought-after neighborhoods. In a borough where private outdoor space is currency, this is a rare find in a brand-new building. Step inside and the quality is immediately apparent. Wide-plank oak floors run throughout, custom millwork frames every room, and Andersen windows draw in natural light at every turn. The open-plan living and dining area flows effortlessly toward the garden, making the space feel larger than its footprint suggests. The chef's kitchen is built for real cooking clean countertops, custom cabinetry, and a full suite of high-end stainless-steel appliances come together in a layout that's as functional as it is beautiful. Both full bathrooms are spa-caliber, featuring heated floors, premium tilework, and carefully selected modern fixtures. The lower recreation level is one of the home's most compelling features a true bonus space that adapts to your lifestyle. Set it up as a home theater, a private gym, a home office, or a playroom. Generous closet space is found throughout both levels, keeping the living areas clean and uncluttered. And then there's the yard. At 631 SF, the private rear garden is genuinely expansive by Brooklyn standards room enough for outdoor dining, a garden, a lounge setup, or all of the above. It's the kind of space that changes how you live. 736 Prospect Place was constructed with energy efficiency and resident comfort at the forefront. High-performance insulation, sound attenuation between units, and efficient mechanical systems mean lower utility costs, quieter living, and a building that holds up beautifully over time. The numbers reflect it: Common Charges of just $688/month and taxes of $332/month make this one of the most cost-effective new construction opportunities in the neighborhood. Situated on a quiet, tree-lined block that sits at the crossroads of Crown Heights and Prospect Heights, Residence 1 puts you within easy reach of everything that makes this corner of Brooklyn so desirable. Prospect Park, the Brooklyn Museum, and the Brooklyn Botanic Garden are minutes away. The Franklin Avenue corridor one of Brooklyn's most dynamic stretches of restaurants, cafs, and bars is right around the corner. And with the 2, 3, 4, 5, A, and C trains all nearby, getting anywhere in the city is effortless. This is new construction done right: boutique in scale, elevated in finish, and designed for the way people actually want to live. Images are artist renderings and may vary from the finished residence. Real Photos coming soon.The complete offering terms are in an offering plan available from Sponsor. File No. CD25-0058. Sponsor: Hello Prospect LLC.

Market Insights

Below nearby median-22%

$962/sqft vs a nearby median of $1228/sqft.

Nearby median$1228/sqft
Nearby properties12
Property size1,610 sqft
  • -22% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,610 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.89M$1.72M$2.06M · 50% confidence
vs ask $1.55M−$338k (−21.8%)

Asking price is about 21.8% below the fair value — likely to draw competing offers if it's still on market.

$1,228/sqft median across 8 tight comps × 1,610 sqft= $1.98M
  • Open Class C HPD violations−$89k −4.5%
  • AI-generated marketing photos−$40k −2.0%
  • Modern construction+$30k +1.5%
  • Transit access+$10k +0.5%
Cumulative NYC adjustments−$89k−4.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-22% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
14 days
Last price change
No change recorded
Listed
Apr 28, 2026
Photos
3 photos
Property type
condos
Status
for sale

Features & Amenities

Laundry RoomNew ConstructionTwo Or More StoriesPrivate BackyardRental PropertyEfficientChefs KitchenOpen PlanHome OfficeOfficeDen

Building Facts

Year built
2025
Stories
2
Total units
2
Residential units
2
Building area
2,835 sqft
Lot size
2,100 sqft
Land use
One and two family buildings
Building class
B9

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,549,000for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations9 open

3 class C (immediately hazardous)

ACRIS documents32

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)32,021

Top: heat/hot water

Top complaint types in ZIP 11216

  • HEAT/HOT WATER3,947
  • Noise - Residential2,989
  • Illegal Parking2,387
  • UNSANITARY CONDITION1,651
  • Noise - Street/Sidewalk1,423

Recent HPD

  • Oct 17, 2011Class B · SECTION 27-2077, 2078 ADM CODE DISCONTINUE UNLAWFUL USE FOR SINGLE ROOM OCCUPANCY PURPOSES THIRD STORY APT CONVERTED TO B-ROOM IN THE ENTIRE APARTMENT LOCATED AT APT 3, 3rd STOR...
  • Jul 5, 2005Class B · SECTION 27-2024 ADMIN. CODE: PROVIDE ADEQUATE SUPPLY OF COLD WATER FOR THE FIXTURES KITCHEN SINK 2ND STORY APT. 2.
  • Jul 5, 2005Class B · SECTION 27-2018 ADMIN. CODE: ABATE THE NUISANCE CONSISTING OF VERMIN MICE & ROACHES, 2ND STORY APT. 2.
  • Jul 5, 2005Class B · SECTION 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR WALLS & CEILING 2ND STORY PUBLIC HALL.

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.