Brooklyn (Prospect Park South), NY, 11226 | $739,000

Bring Your Vision to a Prime Prospect Park Location

Here's your chance to create the home you've always wanted in one of Brooklyn's most sought-after neighborhoods.

Located in a well-maintained cooperative building overlooking the historic Parade Grounds and just one block from Prospect Park, this flexible one-bedroom apartment has been thoughtfully converted to offer the functionality of a two-bedroom; the bonus room can also serve as a home office, private den, or nursery.

This apartment is ready for your personal updates and renovation, making it an exceptional opportunity for buyers who want to add value while customizing a home to their own style. The kitchen has new appliances (stove, fridge, range hood fan) and new counter tops, there are all new thermal pane windows and refinished wood floors. Washer/dryer allowed subject to board approval, a low Monthly Maintenance and Pets are welcome.

Its well maintained common areas include; a package room, central laundry room, bike area, and a charming courtyard. There are two passenger elevators, a video intercom system and private storage cages for lease (waiting list applicable).
A quiet rear location provides a peaceful retreat from the city, while the building's unbeatable location puts Prospect Park, neighborhood restaurants, shopping, and multiple subway lines just moments away for an easy commute to Manhattan.

Why you'll love it:

Premier Prospect Park location
Building overlooks the historic Parade Grounds
Flexible one-bedroom converted to a two-bedroom layout
Tranquil rear-facing apartment with three exposures
Outstanding renovation opportunity with excellent investment potential
Convenient access to Manhattan via nearby subway lines

This sponsor sale offers an "Easy Sale Process" with "No Board Approval". If you've been waiting for the right opportunity to purchase in this desirable Brooklyn neighborhood, this apartment deserves your attention.

Features

  • Town: Brooklyn
  • Cooling: Window Unit(s)
  • Levels: 6
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Building Washer Dryer Install Allowed,Common Area
  • Year Built: 1935
  • Common Charge: $698 Monthly
  • Approx Sq. Feet: 0
  • Pet Policy: Building Yes,Yes
  • MLS#: RLS20064787
  • Days on Market: 188 days
  • Website: https://www.raveis.com
    /prop/RLS20064787/25paradeplace_brooklyn_ny?source=qrflyer
Copyright © 2026  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Weichert Properties   Phone: (212) 334-3011

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

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To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Brooklyn (Prospect Park South), NY, 11226

$739,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $591,200 $591,200 $591,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.615% 5.866%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,541 $3,733 $4,870
Total Monthly Payment $3,633 $3,825 $4,962

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.