Property photo 1
Property photo 2
16 Beds
8 Baths
9,000 sqft

$3,750,000

914 PROSPECT Place, Brooklyn NY, 11213

Price per sqft$416.67
Built in1905
Property size9,000 sqft
Property typeTownhomes

Overview

Active

Listed Nov 4, 2026

Updated 20h ago

Inquire for setup sheet and interior photos.

Prime Crown Heights investment opportunity offering an eight-unit multi-family building with six free-market apartments. Spacious 2 bedroom layouts exceeding 1,000 SF and a private backyard, situated on a quiet residential block by Prospect Park and the Brooklyn Botanical Garden.

914 Prospect Pl. Overview:
  • Annual Income: $207,951 (super occupies 1 free-market unit)
  • Annual Operating Expenses: $43,738
  • Net Operating Income (NOI): $164,214
  • Cap Rate: 4.38%
  • Total Units: 8 residential
  • Unit Mix: 6 free-market / 2 rent-stabilized
  • Building Size: 9,000 SF (max buildable 12,441 SF)
  • Building Dimensions: 25' x 98'
  • Lot Dimensions: 25' x 127.5'
With 75% free-market apartments, the property offers an attractive opportunity for investors seeking long-term income growth. Situated in Crown Heights, the property benefits from proximity to Prospect Park, the Brooklyn Botanical Gardens, Brooklyn Museum, and the neighborhood's vibrant restaurants, cafés, and shopping. An opportunity to acquire a substantial multi-family asset with strong long-term investment potential.

914-916 Prospect Place are 2 separate buildings with a shared basement and utilities, must be sold as combined multi-parcel sale. Combined asking price: $7,500,000.

$24,949/mo

Est. mortgage payment based on a $3,750,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
RLS20124234

Interior Features

Bedrooms
16
Bathrooms
8
Fireplace
Yes
Basement
No

Exterior Features

Lot Size
0.07 Acres

Other Property Details

Taxes
$7,668
Tax Frequency
Annually
View
Yes
MLS provider logo
Listing Courtesy of Corcoran Group -  Amar Jehs
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. ©2026 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. ©2026  The Real Estate Board of New York, Inc., All rights reserved

RLS Data display by SERHANT.. Data last updated on 11/5/2026 at 5:12 AM UTC

Powered by Luxury Presence