The Prospect (149 Prospect Place)
149 Prospect Place, Brooklyn, NY 11238
Prospect Heights, Brooklyn
BBL 3011510093 · BIN 3028473
- Year built
- 1870
- Type
- Condominium
- Landmark
- In a historic district
149 Prospect Place is a rowhouse in the Prospect Heights Historic District that was a seven-apartment walk-up until 2025. Celestial Capital has rebuilt it as five residences. Each has two bedrooms, and the asking prices run from $1,595,000 to $2,495,000. Listing records showed three as in contract by October 2026, although no offering plan had been accepted (see the note on the file number below).
The project keeps the 19th-century shell and replaces the interior. Sponsor materials say the original fireplaces, mantels, moldings and exposed brick were kept. The DOB work includes combining apartments on the second and third floors, moving the fourth-floor egress stair, facade work and new openings at the cellar. Because the building sits in a historic district, exterior work there requires Landmarks Preservation Commission approval.
The B and Q at Seventh Avenue are about 0.1 miles away and the 2 and 3 at Bergen Street about 0.2 miles.
Architecture and residences
PLUTO records a four-story building on a 21-by-95-foot lot with about 4,230 square feet of floor area, built in 1870 and altered in 1961. Other records give a 1931 build year. DOB's alteration job counts five levels, including the garden and cellar, and lowers the unit count from seven to five. The structural work includes a new slab on grade, new wood and steel reinforcement throughout, and sistered roof framing.
Listing records describe this lineup:
- Garden duplex: two bedrooms and two and a half baths. Listing records give 2,295 square feet, which appears to include the finished cellar. It comes with a private rear yard of about 770 square feet.
- Parlor floor: two bedrooms, about 907 square feet, with original moldings and a terrace.
- Second and third floors: two-bedroom floor-throughs of about 912 and 927 square feet.
- Penthouse: two bedrooms, about 1,015 square feet, with a private roof deck of more than 400 square feet.
Every home has wide-plank white oak floors, an integrated appliance package and an in-unit washer-dryer, per sponsor materials. The building has a virtual doorman.
Offering and pricing
Asking prices in listing records, September–October 2026:
| Residence | Size | Ask | Per sq ft | Status |
|---|---|---|---|---|
| Garden duplex | 2,295 sq ft (includes lower level) | $2,495,000 | about $1,087 | Listed as in contract |
| Parlor | 907 sq ft | $1,775,000 | about $1,957 | Listed as in contract |
| Floor 2 | 912 sq ft | $1,650,000 | about $1,809 | Listed as in contract |
| Floor 3 | 927 sq ft | $1,595,000 | about $1,721 | Available; earlier ask $1,685,000 |
| Penthouse | 1,015 sq ft | $1,795,000 | about $1,768 | Available; listed higher earlier |
Excluding the garden duplex, asks fall between about $1,720 and $1,960 per square foot. The parlor floor, the highest per foot, has the terrace and the original ceiling height. The second-floor listing shows common charges of about $301 a month. These are asking prices, not contract prices. ACRIS showed no condominium declaration and no unit closings as of the end of September 2026.
A note on the file number. Sponsor disclosures cite file no. CP25-0107. Per the New York State Attorney General's record (file CP250107), this is a CPS-1 application, filed November 3, 2025 with 149 PP LLC as sponsor, for five residential units; the record shows the plan type as condominium. A CPS-1 is a request for the Attorney General's permission to test the market before an offering plan is accepted. It is not an accepted offering plan: as of October 2026 the record shows no acceptance date, no offering price and no amendments. Until a plan is accepted, the sponsor cannot sign binding purchase contracts, and any reservation or "in contract" status is not binding. Ask sponsor counsel for the offering plan's file number and acceptance date before you sign anything.
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
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Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
What to know if you’re buying
Confirm what you are buying. Read the plan's cover page and Schedule A. They show whether you would receive a deed to a condominium unit or shares and a proprietary lease, and what the purchase and financing rules are.
Historic-district obligations. Exterior changes, including windows, the roof deck and rear-yard structures, need Landmarks Preservation Commission approval. Ask who pays for the facade and stoop, and how the budget reserves for them.
Five owners share the costs. With five units, roof, facade and sewer-line repairs fall on few owners. Read the reserve fund and the first-year budget.
Rowhouse construction. A gut renovation inside an 1870 shell has different sound and fire separation than new construction. Ask for the plan's description of the work performed and the engineer's report.
Closing costs. In sponsor sales the buyer customarily pays the New York City transfer tax (1.425 percent above $500,000) and the New York State transfer tax (0.4 percent), plus the 1 percent mansion tax at $1 million and above. On a $1,650,000 purchase that is about $30,100 in transfer taxes before any gross-up, plus $16,500 in mansion tax.
Comparable buildings
If you're considering The Prospect, also evaluate these Prospect Heights condominiums:
- 206 Prospect Place — row-house condominium conversion on the same street
- 319 Prospect Place — Prospect Place condominium
- 280 Saint Marks Avenue — Prospect Heights condominium
- 145 Park Place — Park Place Condominiums in Prospect Heights
- 550 Vanderbilt Avenue — new-construction condominium near Atlantic Avenue
- 856 Washington Avenue — Prospect Heights condominium
More Prospect Heights buildings
- The Mark, 268 Saint Marks Avenue — 2013 condominium
- The Mark, 336 St. Marks Avenue — 2019 condominium
- The Mews at Grand Army Plaza (295 St Johns Place) — 1923 co-op
- The Theodore Roosevelt (125 Eastern Parkway) — 1923 co-op
- The Washington (35 Underhill Avenue) — 2005 condominium
- Vantage 238, 238 Saint Marks Avenue — 2008 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Prospect Heights.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at The Prospect?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com