98 Prospect Place, Brooklyn, NY 11217
Local realty services provided by:CENTURY 21 Awaye Realty
98 Prospect Place,Brooklyn, NY 11217
$3,450,000
- 7 Beds
- 4 Baths
- 4,500 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sun, Nov 0801:00 pm - 02:30 pm
Listed by: paul j hyun, ian mednick, daniella guetta
Office: compass
MLS#:RLS20125527
Source:NY_REBNY
Price summary
- Price:$3,450,000
- Price per sq. ft.:$766.67
About this home
98 Prospect Place | North Park Slope
A Rare Three-Family Brownstone Opportunity in Prime North Park Slope.
98 Prospect Place is a classic three-family Italianate brownstone, situated on a picturesque tree-lined block in the heart of North Park Slope. Offering approximately 3,600 square feet on a 20’ × 100’ lot, this property features three spacious free-market apartments, along with an expansive and private rear garden.
Offered at approximately $958 per square foot, compared to the average of over $1,500 per square foot for renovated Park Slope townhouses, the property presents a rare opportunity for investors and end users alike. Collect rental income today while planning a future conversion into a magnificent single-family residence or a renovation of all three apartments as leases expire. The building is not landmarked, offering additional flexibility for future improvements.
The opportunity: in-place rents total $12,700 a month. After a planned renovation of about $550,000, projected market rents rise to $26,500 a month, roughly double, for a projected 6.9% cap rate on a $4.0M total basis.
Ideally located with access to acclaimed restaurants, charming cafés, boutiques, and neighborhood shops. Prospect Park, Barclays Center, the Brooklyn Academy of Music, and the Brooklyn Botanic Garden are all within easy reach, along with convenient transportation via the 2/3, B/Q, and Atlantic Terminal.
This is an exceptional opportunity to own a well-maintained Park Slope brownstone with immediate income and exciting long-term potential.
Offered at $3,450,000. Delivered occupied....
Contact an agent
Home facts
- Year built:1899
- Subdivision & Development:Park Slope
- Listing ID #:RLS20125527
- Added:1 day(s) ago
- Updated:November 06, 2026 at 07:59 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:13
- Kitchen Description:Dishwasher
- Living area:4,500 sq. ft.
Structure and exterior
- Year built:1899
- Building area:4,500 sq. ft.
- Levels:3 Story
Finances and disclosures
- Price:$3,450,000
- Price per sq. ft.:$766.67
- Tax amount:$12,204
Features and amenities
- Appliances:Dishwasher, Dryer, Washer
- Laundry features:Dryer, Washer
New listings near 98 Prospect Place
- Coming SoonOpen Sun, 1 to 3pm
$850,000Coming Soon5 beds 3 baths1,800 sq. ft.871 E 94th Street, Brooklyn, NY 11236
MLS# 1070145Listed by: KELLER WILLIAMS NY REALTY - Coming Soon
$799,000Coming Soon8 beds 4 baths3,300 sq. ft.368 New Jersey Avenue, Brooklyn, NY 11207
MLS# 1070705Listed by: KELLER WILLIAMS RLTY LANDMARK - Coming Soon
$749,000Coming Soon5 beds 2 baths1,920 sq. ft.441 Ashford Street, Brooklyn, NY 11207
MLS# 1070694Listed by: KELLER WILLIAMS RLTY LANDMARK - Coming Soon
$850,000Coming Soon5 beds 2 baths1,500 sq. ft.9024 Avenue L, Brooklyn, NY 11236
MLS# 1067799Listed by: WW REALTY GROUP INC - New
$1,895,000Active6 beds 5 baths2,892 sq. ft.1934 Bergen Street, Brooklyn, NY 11233
MLS# RLS20122926Listed by: SOTHEBYS INTERNATIONAL REALTY - New
$249,000Active-- beds 1 baths500 sq. ft.1360 Ocean Parkway #7D, Brooklyn, NY 11230
MLS# 505872Listed by: REVIVED RESIDENTIAL - Open Sat, 12:30 to 2pmNew
$490,000Active1 beds 1 baths540 sq. ft.1205 65th Street #A, Brooklyn, NY 11219
MLS# 505890Listed by: ASHFORD HOMES LLC - New
$1,799,000Active-- beds 3 baths282 Avenue W, Brooklyn, NY 11223
MLS# 505894Listed by: WOLF PROPERTIES INC - New
$167,750Active-- beds 1 baths1040 Carroll Street #2I, Brooklyn, NY 11225
MLS# RLS20125548Listed by: BROWN HARRIS STEVENS BROOKLYN LLC - Open Sun, 2 to 3pmNew
$1,500,000Active5 beds 3 baths1,920 sq. ft.2437 E 1st Street, Brooklyn, NY 11223
MLS# 1070488Listed by: MYNY REAL ESTATE