189 Prospect Place Condominium
189 Prospect Place, Brooklyn, NY 11238
Overview
189 Prospect Place is a 2-unit condo in Brooklyn.
- Offering plan: Accepted November 2023 · 527 pages · floor plans on page 450
- Prices: $1,470 a square foot on average, as first offered; $7.75 million in all
- Common charges: $514 a month, the sponsor's first-year estimate
- Sponsor: Prospect Place Residence, LLC**, represented by D'Agostino, Levine, Landesman & Lederman, LLP; principals Matthew Chua
- Subway: 3-minute walk to 7 Av (B, Q); 6 minutes to Grand Army Plaza (2, 3)
- Amendments: 3, the latest in July 2024
- Units
- 2 residential
- Subway
- 3 min walk to 7 Av B QGrand Army Plaza 2 3, 6 min
- Principals
- Matthew Chua
- Average $/sf
- $1,470Homes in Schedule A, as first offered
- Common charges
- $514 a monthSponsor's first-year estimate in Schedule A, Twelve Month Period Commencing January 1, 2024 and Ending December 31, 2024 ("First Year")
- Offering price
- $7.75 million total
- Floor plans
- Page 450 of the plan
- SubmittedFebruary 2024
- AcceptedNovember 2023
- 3 amendments
- First sale
- Latest sale
Units & Prices
Sales
From city records (ACRIS), through Nov 30, 2025.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
Ask Claude or ChatGPT: How do 189 Prospect Place's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills for 2 homes.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 8 closing costs in the plan, with their pagesSee it free →The Building
Amendments
Amendment 2 2024
Amendment adds finalized Landmarks Preservation Commission approval documents for 3rd floor renovations and extends the plan's effective period.
- Finalized LPC Certificate of Appropriateness (dated March 28, 2024) and post-approval amended plans for 3rd floor included as Exhibit A
- 3rd floor work includes rooftop dormer-style addition expansion, stucco cladding installation, window replacements with black finish, and related facade modifications
- Plan effective period extended for six (6) months from amendment acceptance date
Amendment 1 Feb 28, 2024
The offering plan is declared effective upon acceptance of this amendment, with the plan period extended six months.
- Offering plan declared effective
- One unit (50% of units offered) purchased and counted toward effectiveness
- Plan effective period extended six months from amendment acceptance date
- No material changes to the plan's budget disclosed
Team
- Sponsor
- Prospect Place Residence, LLC**
- Principals
- Matthew Chua
- Tax estimate
- Metropolitan Realty Exemptions, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Em Administration$4.5 million loan stated in the plan
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning district
- R6B
Today's zoning, from city data (PLUTO 26v2).
Nearby
- 206 Prospect Place Condominiumnext door · 4 units · 2011
- 196 Saint Marks Avenue Condominiumnext door · 2 units · 2026
- 184 Saint Marks Avenue Condominiumnext door · 4 units · 2022
- 225 Park Placenext door · 1985
- Prospectnext door · 5 units · 2026
- 181 Park Place Condominiumnext door · 3 units · 2014
Free in ChatGPT or Claude
Ask Claude or ChatGPT about 189 Prospect Place
The fastest way to know any condo or co-op
Get Connected →