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701 Prospect Place
Last updated on Feb 19, 2026

The Residences at Prospect Place,
701 Prospect Place

Boutique Crown Heights condominium where every residence features private outdoor space and premium European finishes including Spanish oak floors and designer fixtures. Steps from Franklin Avenue, Prospect Park, and major cultural institutions with excellent subway access. Currently, 6 apartments are for sale.

701 Prospect Place Location Map
Unit #
Beds
Baths
Size
Price / Ft2
Price
Listed on
Days on Market

Overview of The Residences at Prospect Place at 701 Prospect Place

The Residences at Prospect Place is a boutique condominium at 701 Prospect Place in Crown Heights, developed by Prospect Place Brooklyn LLC. The building distinguishes itself by offering private outdoor space in every unit, ranging from balconies to expansive terraces, with one two-bedroom unit featuring 515 square feet of combined outdoor space. Units range from studios to three-bedrooms, all featuring floor-to-ceiling windows, 10 foot ceilings, and 7 inch oak floors imported from Spain.

Interiors are outfitted with a consistent palette of finishes across all units. Kitchens include honed Bria Elephantino quartz countertops, custom walnut veneered Cucine cabinetry, Hansgrohe faucets, and appliances from Bosch, Bertazzoni, and Fisher & Paykel. Bathrooms feature large format Prissmacer porcelain tiles, custom Lucena Bath vanities, and Artos fittings, with Duravit soaking tubs in secondary bathrooms and walk in rainfall showers in primary ensuites. All units include central heating and cooling plus in-unit LG washer/dryer towers.

Building amenities include a common rooftop terrace with views, plus the option to purchase private garage parking spaces and two private rooftop cabanas. The location sits one block from Franklin Avenue's dining and retail scene, and within walking distance of the Brooklyn Botanic Garden, Brooklyn Museum, Brooklyn Children's Museum, and Prospect Park. Transit access includes the A, C, 2, 3, 4, and 5 subway lines, with proximity to Atlantic Avenue, Prospect Heights, and Barclays Center.

Doorman
None
Type
Condo
Year Built
2025
Apartments
Floors
6
Neighborhood
Min Down
20%

Amenities

  • Resident Storage
  • Central AC
  • Elevator
  • Rooftop Terrace
  • On-Site Parking
  • In-Unit Washer/Dryer
  • Bike Room
  • Terraces / Balconies
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  1. S
at Franklin Ave 0.23 miles
  1. 3
at Nostrand Ave and Eastern Pkwy 0.36 miles
  1. 2
  2. 4
  3. 5
at Franklin Ave and Eastern Pkwy 0.37 miles
  1. A
  2. C
at Nostrand Ave and Fulton 0.43 miles

Pros & Cons

  • Private outdoor space in every unit
  • Private garage parking spaces available
  • One block from Franklin Avenue dining and retail
  • Walking distance to Brooklyn Botanic Garden and Brooklyn Museum
  • Walking distance to Prospect Park
  • Access to A, C, 2, 3, 4, and 5 subway lines
  • Boutique condominium building
  • Walk in rainfall showers in primary bathrooms
  • Duravit soaking tubs in secondary bathrooms
  • Custom Lucena Bath vanities
  • Large format Prissmacer porcelain tiles
  • Floor-to-ceiling windows
  • Private rooftop cabanas available
  • Hansgrohe faucets and Artos fittings
  • Walk in closets in primary bedrooms
  • Some units with up to 515 square feet of outdoor space
  • 10 foot ceilings
  • High end kitchen appliances including Bosch, Bertazzoni, and Fisher & Paykel
  • 7 inch oak floors imported from Spain
  • Custom walnut veneered Cucine cabinetry
  • Honed Bria Elephantino quartz countertops
  • In-unit LG washer and dryer
  • Central heating and cooling
  • Common rooftop terrace with views
  • Additional cost for private garage parking
  • Additional cost for private rooftop cabanas

Pricing Comparison of Similar Buildings

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Alternate Address

  • 701 Prospect Place
200 East 75th Street
at the southeast corner of Third Avenue
Lenox Hill
A remarkable blend of classicism and contemporary sensibility. Spacious two- to six-bedroom homes on the Upper East Side. Delivery summer 2025
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