405 Park Place
$5,200,000
MLS# RLS20118757 · Prospect Heights
Listed October 2, 2026 · 30 days on the market
6 Beds 5 Baths 3,440 Sq.Ft.
About This Property
Welcome to 405 Park Place, a beautiful four-story, three-family brownstone on one of the most sought-after, tree-lined blocks in vibrant Prospect Heights, Brooklyn. Set on an extra-deep 131 foot lot, this home offers space, character, and the potential to generate six-figure annual rental income. The owner's garden parlor duplex features a spacious eat-in country-style kitchen, a formal dining room and living room that flow together in an open-concept layout, and a convenient half bath. Upstairs, the parlor floor serves as the private living quarters, featuring two bedrooms, each with its own en-suite bathroom. The grand parlor room, currently used as a bedroom, features oversized windows, stained glass transoms, high ceilings, and a decorative ceiling medallion. Throughout the home, original details add warmth and character, including original hardwood floors, pocket doors, five-panel wood doors, detailed baseboard moldings, built-in cabinetry, an ironing board cabinet, cedar-lined closet, French doors, tin ceiling, and original bannister with spindles and newel post. The parlor-level foyer retains its grand original entry doors and pier mirror. Each unit has its own washer and dryer, dishwasher, microwave, and central heating and air conditioning with stainless steel LG appliances. Additional storage is available in the basement. For buyers looking to own a piece of Brooklyn history while creating substantial rental income, four o five Park Place offers a rare combination of historic character, generous space, and income-producing potential.
Agent's Note
From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Compass.
The parlor room has a tin ceiling, stained glass transoms, high ceilings and a decorative ceiling medallion, and the foyer keeps its original entry doors and pier mirror. Those details date the house to 1895, and it sits in the Prospect Heights Historic District.
This is a triplex of about 3,440 square feet with five bathrooms. The living room and formal dining room run together in an open layout, which keeps the two rooms connected when you're hosting. The parlor floor is set up as private living space, so the house has a clear separation between the public rooms and the rest.
The eat-in kitchen has a kitchen island, granite counters, a gas cooktop, a range hood, a dishwasher and stainless steel appliances, including Energy Star models. The home has its own washer and dryer, so laundry stays inside. Central air and central heating cover the whole house.
You also get private outdoor space of over 60 square feet and a private yard, which is a useful thing to have in the city for a house this size. The building's garden, outdoor grills and bike room are shared amenities.
For errands, Ideal Food Basket is about 1 minute away on foot. Stroud Playground is about 3 minutes, and Mount Prospect Park and the Brooklyn Botanic Garden are each about 7 minutes. The Eastern Pkwy-Brooklyn Museum station, served by the 2 and 3 trains, is about 7 minutes on foot.
Quick answers+
Does the apartment have in-unit laundry?
Yes. The home has a washer and dryer in the unit.
Is there private outdoor space?
Yes. The home has private outdoor space of over 60 square feet and a private yard.
What amenities does the building have?
The building has a bike room, laundry in the building, a security system, storage space, a garden and outdoor grills.
Curtis Bain
Brown Harris Stevens
Property Features
Home features
- Washer/dryer in unit
- Central air
- Central heating
- Electric heat
- Ceramic tile floors
- Hardwood floors
- Parquet floors
- Cooktop
- Dishwasher
- Energy Star appliances
- Gas cooktop
- Refrigerator
- Range hood
- Stainless steel appliances
- Chandelier
- Crown molding
- Entrance foyer
- Eat-in kitchen
- Granite counters
- High ceilings
- His and hers closets
- Kitchen island
- Recessed lighting
- Soaking tub
- Walk-in closets
- Private entrance
- Private outdoor space (over 60 sq ft)
- Private yard
Building amenities
Services and facilities
- Bike room
- Laundry in building
- Security system
- Storage space
Outdoor space
- Garden
- Outdoor grills
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$27,065 / month
- Principal and interest$26,294
- Property taxes$771
Due at closing
- Down payment (20%)$1,040,000
- NYS “mansion tax” (2.25%)$117,000
- Mortgage recording tax (1.925%)$80,080
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Gallery
Property Photos
Listing Courtesy of Compass
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.