Back to Search

Brooklyn Four-Story Multi-Family Building

245 PROSPECT PLACE, Brooklyn, NY 11238

View on Map

For Sale

$4,350,000

Mid-rise, Multi-Unit (2-4) - BROOKLYN, NY

Property size:

5,200 SF

Price / SF:

$836/SF

HighLights

Prime location near Prospect Park, Grand Army Plaza, Central Library, Brooklyn Museum, and Botanic Garden.
Four‑family brick building offering multiple rental income opportunities.
Convenient access to transportation: B41, B45, B65, & B69 Bus, and 2/3/B/Q/S Trains.
Apartments feature renovated kitchens with modern appliances (Dishwasher, Microwave, Washer/Dryer).
Spacious layouts with multiple bedrooms and ample closet space in each unit.
Original details such as fireplace mantles and claw foot tub.

We can help!

Listing Contact

Barry Clarke

For Sale

$4,350,000

Mid-rise, Multi-Unit (2-4) - BROOKLYN, NY

Property size:

5,200 SF

Price / SF:

$836/SF

Added:: Jun 26, 2025
Days on Market:: 351
Last Refresh:: Jun 11 at 1:06 pm

Property Features for 245 PROSPECT PLACE

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 14
Bathrooms: 4
Rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Den, Dining Room, Living Room
Parking features: Garage
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Standard status: Active
Size: 5,200 SF

Taxes and HOA fees

Tax Annual Amount: 13764

Utilities

Heating system: Steam

Building Details

Year built: 1931
Year renovated: 1931
Floors in Building: 4
Flooring type: Carpet, Hardwood, Tile
Architectural style: Other

We can help!

Listing Contact

Barry Clarke

Listing agent Barry Clarke

Listing office CLARKE BARRY R 195 Montague Street, Suite 1162, BROOKLYN, NY

Listing date Jun 26, 2025

MLS# 11525221 Listing URL

HighLights

Prime location near Prospect Park, Grand Army Plaza, Central Library, Brooklyn Museum, and Botanic Garden.
Four‑family brick building offering multiple rental income opportunities.
Convenient access to transportation: B41, B45, B65, & B69 Bus, and 2/3/B/Q/S Trains.
Apartments feature renovated kitchens with modern appliances (Dishwasher, Microwave, Washer/Dryer).
Spacious layouts with multiple bedrooms and ample closet space in each unit.
Original details such as fireplace mantles and claw foot tub.

Overview

This is a four-story, four-family brick building situated on a tree-lined block near Prospect Park, Grand Army Plaza, the Central Library, Brooklyn Museum, Botanic Garden, bars, cafes, lounges, entertainment venues, restaurants, and a supermarket. The fourth (top) floor features four bedrooms, one bathroom with a claw foot tub, carpet, a kitchen, and a living/dining room. The third and second floors each include four bedrooms, one bathroom with hardwood floors, a living room, four closets, a renovated kitchen with a microwave and dishwasher, a washer/dryer, a fireplace mantle, and five closets on the second floor. The first floor offers two bedrooms, one bathroom with hardwood floors, four closets, two fireplace mantles, a kitchen, a living/dining room, plus a third bedroom or home office. Transportation options include the B41, B45, B65, and B69 buses, as well as the 2/3/B/Q/S trains. The annual real estate tax is $13,764. The property size is 5,200 square feet, and the lot size is 0 acres.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -73.968172
Latitude: 40.677747

Nearby Similar for Sale

$999,000

15,000 SF

Turn-Key Supermarket Business Opportunity

Thriving supermarket business for sale in prime Gravesend location.

53-65 Quentin Road, Brooklyn, NY 11223

View Details
$999,000

8,820 SF

Established Supermarket Business For Sale

High-volume supermarket in Bensonhurst/Gravesend with excellent street exposure.

65 Quentin Road, Brooklyn, NY 11223

View Details
$7,200,000

23,400 SF

Brooklyn Mixed-Use Investment Opportunity

Mixed-use property in Brownsville with diverse income streams.

340 Junius Street, Brooklyn, NY 11212

View Details
$1,988,000

3,740 SF

Flatbush Avenue Retail Investment Opportunity

High-exposure retail asset with stable income and development potential.

1800 Flatbush Avenue, Brooklyn, NY 11210

View Details
$2,190,000

3,500 SF

Luxury Atelier & Designer Showroom

Turnkey, two-story luxury atelier in Sunset Park, Brooklyn.

821 39th Street, Brooklyn, NY 11232

View Details
$1,799,000

3,158 SF

Prime Kings Highway Commercial Unit

Spacious commercial unit in a high-traffic Brooklyn location.

366 Kings Highway, Brooklyn, NY 11223

View Details
$1,700,000

3,000 SF

Automotive Repair Facility

Operating automotive repair and service facility with street access and a layout suited to maintenance, detailing, and related services.

4201 Glenwood Road, Brooklyn, NY 11210

View Details
$5,390,000

6,970 SF

Prime Corner Commercial Brooklyn Building

Highly visible corner commercial property on 7th Avenue, Brooklyn.

5301 7th Avenue, Brooklyn, NY 11220

View Details
$1,698,000

1,846 SF

Medical Condo in Bensonhurst, Brooklyn

Medical condo with equipment, patient database, and revenue potential.

7620 Bay Parkway, Brooklyn, NY 11214

View Details
$2,980,000

7,311 SF

Multi-Tenant Office Building with Elevator

Built in 1996 and fully leased to five commercial tenants with multiple entrances and independent HVAC systems.

8510 Bay 16th Street, Brooklyn, NY 11214

View Details
$2,000,000

3,300 SF

Prime Corner Retail Building Brooklyn

One-story retail building with development potential in Brooklyn, NY.

229 Tompkins Avenue, Brooklyn, NY 11216

View Details
$2,850,000

3,400 SF

Bensonhurst Commercial Building For Sale

Two-story commercial building with finished basement in prime Bensonhurst location.

7024 18th Avenue, Brooklyn, NY 11204

View Details

For sale
Quadplexes
NY
Brooklyn
11238
245 PROSPECT PLACE

What type of property is this?

Quadplex - Four-story, four-family brick building near Prospect Park.

Where is this quadplex located?

The property is located at 245 PROSPECT PLACE Brooklyn, NY.

What is the asking price?

The asking price for this property is $4,350,000.

What are key features of this property?

This property features: Prime location near Prospect Park, Grand Army Plaza, Central Library, Brooklyn Museum, and Botanic Garden.; Four‑family brick building offering multiple rental income opportunities.; Convenient access to transportation: B41, B45, B65, & B69 Bus, and 2/3/B/Q/S Trains.

245 PROSPECT PLACE, Brooklyn, NY 11238

Mid-rise, Multi-Unit (2-4) - BROOKLYN, NY

Property Features for 245 PROSPECT PLACE

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turn-Key Supermarket Business Opportunity

Established Supermarket Business For Sale

Brooklyn Mixed-Use Investment Opportunity

Flatbush Avenue Retail Investment Opportunity

Luxury Atelier & Designer Showroom

Prime Kings Highway Commercial Unit

Automotive Repair Facility

Prime Corner Commercial Brooklyn Building

Medical Condo in Bensonhurst, Brooklyn

Multi-Tenant Office Building with Elevator

Prime Corner Retail Building Brooklyn

Bensonhurst Commercial Building For Sale

FAQs

Create New Password