914 PROSPECT Place
$3,750,000
MLS# RLS20124234 · Crown Heights
Listed November 4, 2026 · New today
16 Beds 8 Baths 9,000 Sq.Ft.
About This Property
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.
Curtis Bain
Brown Harris Stevens
Property Features
Policies
- Pets allowed
- Smoke-free
Home features
- Washer/dryer in unit
- Fireplace
- View
- Private garden
- Private outdoor space (over 60 sq ft)
Building amenities
Services and facilities
- Green building
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$19,601 / month
- Principal and interest$18,962
- Property taxes$639
Due at closing
- Down payment (20%)$750,000
- NYS “mansion tax” (1.5%)$56,250
- Mortgage recording tax (1.925%)$57,750
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 Corcoran Group
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