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221 Prospect PlaceBrooklyn, NY 11238

For Sale

$3,950,000

Smart Buyer Rebate $49,375

221 Prospect Place — A Beautifully Updated Two-Family Modern Townhome in Prime Prospect Heights

Perfectly positioned on one of historic Prospect Heights’ most desirable tree-lined blocks, 221 Prospect Place is a thoughtfully updated, well-designed, and charming two-family modern townhouse. The owner’s triplex offers four bedrooms, a windowed home office, two full and two half bathrooms, and a fantastic upper-level recreation space with two skylights.

The parlor floor features an updated kitchen with a generous center island and a long wall of custom zebrawood cabinetry providing abundant storage. A south-facing, windowed dining area fills the home with natural light and warmth. This level also includes a powder room and a spacious home office/library with custom built-ins and two windows overlooking the home’s quaint private bluestone garden.

The expansive living room spans the full width of the home, boasting three south-facing windows and a cozy wood-burning fireplace.

The primary suite comfortably accommodates a king-sized bed and features a beautifully updated en-suite bathroom with a soaking tub, a separate glass-enclosed spa/steam shower, and a large custom walk-in closet.

The top floor offers three additional bedrooms, a full bathroom, and a versatile recreation space.

The flexible two-family configuration allows for use as an owner’s triplex with an income-producing one-bedroom garden apartment with a dishwasher, washer/dryer and chef’s stove or as a spacious single-family residence. The garden apartment will be delivered vacant.

The house has been completely rebuilt with all new steel floor joists, aluminum staircase railings, radiant floor heating throughout all 4 floors, central AC, and a stone wall in the parlor floor leading up to the fireplace mantel in the living room and extends to the top floor under the large skylight.

Located just moments from Prospect Park, Vanderbilt Avenue, and the neighborhood’s beloved cafés, restaurants, and boutiques, 221 Prospect Place captures the essence of Brooklyn living—style, space, and an unbeatable location in one of the borough’s most vibrant communities.

Listed by Tamara Abir

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Compass

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(646) 285-1746

Listed by Sarah Lore Slavin

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Compass

Last updated November 16, 2025

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Source: REBNY #RLS20058301

Listing Facts

  • TypeMulti-family
  • NeighborhoodProspect Heights
  • Bedrooms5
  • Bathrooms4.5
  • Days on Prevu14
  • Taxes$7,320/year
  • Size2,660 sqft
  • Price per sqft$1,485

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer

Location

Mortgage Calculator

Listing History

11/05/2025
Listed by Compass
$3,950,000

Estimated Closing Costs

Total
$147,355
Attorney Fees
$4,000
NYC Mansion Tax
$59,250
Title Insurance
$17,775
Bank Attorney
$1,500
Mortgage Recording Tax
$60,830
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $3,950,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 221 Prospect Place

Association

Amenities

  • Pets Allowed: Building No, No

Exterior

Construction

  • Number Of Units Total: 2
  • Stories Total: 3
  • Structure Type: Multi Family, Townhouse
  • Window Features: Skylight(s)
  • Year Built: 1910
  • Entry Level: 1

Features

  • Patio And Porch Features: Deck

Measurements

  • Building Area Total: 2,660
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 19
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 01151-0057
  • Tax Annual Amount: $7,320.00

Interior

Features

  • Appliances: Dryer, Dishwasher, Gas Cooktop, Refrigerator, Stainless Steel Appliance(s), Washer
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Hardwood, Tile
  • Interior Features: Kitchen Island, Recessed Lighting, Walk-In Closet(s)

Measurements

  • Living Area: 2,660
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 5
  • Rooms Total: 11

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Prospect Heights
  • Tax Block: 01151
  • Tax Lot: 0057

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Common Area, In Unit

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.