Besen & Associates, Inc. has been retained as exclusive agent to sell the property at 1425 Prospect Place, a 3-story, 3,600 square foot multifamily building with three floor thru apartments. This 3-family, red brick building was constructed in 2004 and has been well-maintained. This is an excellent opportunity for either live/income, investment purposes or residential use. It is located between Utica Avenue and Rochester Avenue, down the street from the bustling retail corridor along Utica Avenue in the Crown Heights neighborhood of Brooklyn. The Property offers off-street parking, with a driveway with room for two cars. All of the apartments have two full bathrooms. The ground floor unit has two bedrooms, a home office, and rear yard access, and the two upper floor units each have three bedrooms plus home offices.
There are three dedicated gas boilers (one for each unit), and updated electrical (circuit breakers in each unit). It is bright & sunny throughout the property, and each unit has hardwood floors and baseboard heating. The ground floor unit has rear yard access. Each apartment has two full baths, one of which is en-suite with the back bedroom. The apartments also have individual electronically controlled (Honeywell) temperature control systems. The rear yard is presently unused, and can be upgraded for an added amenity. There is an unfinished basement that can also be built further out to create additional space.
Sold for $855,000
$855,000
1425 Prospect Pl, Brooklyn, NY 11213
8beds
3,600sqft
MultiFamily
Built in 2004
-- sqft lot
$1,641,100 Zestimate®
$238/sqft
$4,702 Estimated rent
Home value
$1,641,100
$1.44M - $1.85M
$4,702/mo
Zestimate® history
Owner options
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$4,702/mo
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$5,096/mo
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Forced air
Cooling
- Other
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 3,600 sqft
Property
Lot
- Size: 2,555 sqft
Details
- Parcel number: 013610073
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 2004
Community & neighborhood
Location
- Region: Brooklyn
Other
Other facts
- Living room
- Secured entry
- Vintage
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2025 | Listing removed | $1,850,000$514/sqft |
Source: StreetEasy #S1762973 Report a problem | ||
| 4/7/2025 | Listed for sale | $1,850,000+116.4%$514/sqft |
Source: StreetEasy #S1762973 Report a problem | ||
| 12/19/2024 | Sold | $855,000-31.6%$238/sqft |
Source: Public Record Report a problem | ||
| 9/28/2016 | Listing removed | $1,250,000$347/sqft |
Source: Besen & Associates, Inc. Report a problem | ||
| 8/23/2016 | Price change | $1,250,000+4.2%$347/sqft |
Source: Besen & Associates, Inc. Report a problem | ||
| 4/15/2016 | Listed for sale | $1,200,000+79.1%$333/sqft |
Source: Besen & Associates, Inc. Report a problem | ||
| 5/30/2015 | Listing removed | $1,475 |
Source: Team Fort Greene Report a problem | ||
| 4/30/2015 | Listed for rent | $1,475 |
Source: Team Fort Greene Report a problem | ||
| 5/26/2005 | Sold | $670,000+282.9%$186/sqft |
Source: Public Record Report a problem | ||
| 8/25/2004 | Sold | $175,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,544 +2.1% | $74,580 -0.6% |
| 2024 | $10,325 | $75,060 -0.6% |
| 2023 | -- | $75,540 +9.7% |
| 2022 | -- | $68,880 -8.8% |
| 2021 | -- | $75,540 +9.5% |
| 2020 | $9,373 +3.4% | $69,000 -9.6% |
| 2019 | $9,068 +7.1% | $76,320 +88.6% |
| 2018 | $8,465 +2.6% | $40,464 |
| 2017 | $8,249 +7.8% | $40,464 +3.5% |
| 2016 | $7,648 | $39,114 +6% |
| 2015 | $7,648 +64.9% | $36,900 +3.4% |
| 2014 | $4,637 | $35,700 +5.9% |
| 2013 | -- | $33,720 -0.7% |
| 2012 | -- | $33,960 -14.2% |
| 2011 | -- | $39,600 -5.3% |
| 2010 | -- | $41,820 +3% |
| 2009 | -- | $40,620 -3.7% |
| 2008 | -- | $42,180 -0.4% |
| 2007 | -- | $42,332 +6% |
| 2006 | -- | $39,936 +1881% |
| 2005 | -- | $2,016 |
| 2004 | -- | $2,016 +0.9% |
| 2003 | -- | $1,999 +6% |
| 2002 | -- | $1,886 +6% |
| 2001 | -- | $1,780 +6% |
| 2000 | -- | $1,680 |
Find assessor info on the county website
Neighborhood: Crown Heights
Nearby schools
GreatSchools rating
- 6/10Ps 335 Granville T WoodsGrades: PK-5Distance: 0.1 mi
- 7/10Brooklyn Green School (The)Grades: 6-8Distance: 0.1 mi
- 1/10Boys and Girls High SchoolGrades: 9-12Distance: 0.3 mi
- New York
- Kings County
- New York
- 11213
- Brooklyn
- Crown Heights
- 1425 Prospect Pl


