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    732 Prospect Pl Brooklyn, NY 11216

    Sponsored
    For Sale
    $2,050,000

    Townhouse, Vacant Land - Brooklyn, NY

    Property size:
    8,049 SF
    Days on Market:
    7
    Last Refresh:
    Jan 9 at 4:06 am

    Property Features for 732 Prospect Pl

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    12
    Bathrooms
    8
    Parking features
    Garage
    Size
    8,049 SF

    Building Details

    Architectural style
    Other

    Compass

    Listing agent Terrence Harding

    Listing date Jan 3, 2026

    MLS# 11389042 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Development Opportunity

    Located in the Pro-Cro section of Brooklyn, bordering Prospect Heights and Crown Heights, this property presents an investment opportunity. The site, currently occupied by a frame property, is zoned R6A with a maximum height of 70 feet. Upon removal of the existing structure, the site allows for the construction of an 8,049 square foot, 8-unit condominium building. The planned layouts feature spacious two-and-three bedroom units. The lot measures 21 feet wide by 127.75 feet, totaling 2,683 square feet. The location at 732 Prospect Place is situated on a tree-lined residential block with condominium projects. The prospective square footage includes 937 square feet for the cellar floor and 1,741 square feet for each of the first through fourth floors, plus 506 square feet for the second level of the penthouse, totaling 8,404 square feet. Prospective unit sizes include 700 square feet for two-bedroom units, 925 square feet for three-bedroom units, and 1,400 square feet for a four-bedroom penthouse. The property is near dining and transportation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.952274
    Latitude
    40.674277

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    FAQs

    What type of property is this?
    Land - Prime development site for an 8-unit condo building.
    Where is this land located?
    The property is located at 732 Prospect Pl Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,050,000.
    What are key features of this property?
    This property features: - Prime development site in Brooklyn's Pro-Cro section, bordering Prospect Heights and Crown Heights.; - Opportunity to construct an **8,049 SF 8-unit condo building**.; - Zoned R6A with a maximum building height of 70 feet.
    (212) 913-9058
    Request Owner's contact information
    732 Prospect Pl Brooklyn, NY 11216
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    Brooklyn, NY 11216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    732 Prospect Pl Brooklyn, NY 11216
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