*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.
916 Prospect Pl. Overview:
* Annual Income: $206,940
* Annual Operating Expenses: $43,738
* Net Operating Income (NOI): $163,203
* Cap Rate: 4.35%
* 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.
Active
$3,750,000
916 Prospect Pl, Brooklyn, NY 11213
16beds
9,000sqft
Rental Unit
Built in 1905
-- sqft lot
$-- Zestimate®
$417/sqft
$-- HOA
What's special
- 1 day
- 14
- 2
Zillow last checked:
Listing updated:
Listed by:
Corcoran 718-702-0389,
Amar Jehs,
Cory Kantin
Source: StreetEasy,MLS#: S1856521
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
- Full bathrooms: 8
Features
- Has fireplace: No
Interior area
- Total structure area: 9,000
- Total interior livable area: 9,000 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Garden
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Rental Unit
Condition
- Year built: 1905
Community & HOA
Community
- Subdivision: Crown Heights
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $417/sqft
- Annual tax amount: $7,656
- Date on market: 11/4/2026
Estimated market value
Not available
Estimated sales range
Not available
$4,007/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2026 | Listed for sale | $3,750,000$417/sqft |
Source: StreetEasy #S1856521 Report a problem | ||
| 7/16/2025 | Listing removed | $3,500 |
Source: Zillow Rentals Report a problem | ||
| 7/9/2025 | Listed for rent | $3,500 |
Source: Zillow Rentals Report a problem | ||
| 6/12/2025 | Listing removed | $3,500 |
Source: Zillow Rentals Report a problem | ||
| 6/4/2025 | Listed for rent | $3,500+34.6% |
Source: Zillow Rentals Report a problem | ||
| 9/16/2020 | Listing removed | $2,600 |
Source: Realty Nerd Report a problem | ||
| 9/2/2020 | Listed for rent | $2,600 |
Source: Realty Nerd Report a problem | ||
Public tax history
Tax history is unavailable.






