488 Sterling Place #4A, New York City, NY 11238
Listing Courtesy of Compass
$1,895,000
Potential Rebate: $28,425
Overview
Welcome to 488 Sterling Place, where modern Brooklyn living meets timeless neighborhood charm. This beautifully designed two-bedroom, two-bath residence combines contemporary comfort with sustainable building practices, offering a calm retreat in the heart of Prospect Heights.
Inside, airy interiors are warmed by Madera wide-plank oak floors and abundant natural light. An open-plan living and dining area creates the perfect setting for everything from quiet mornings to lively evenings with friends. The thoughtfully appointed kitchen is both stylish and practical, featuring custom cabinetry, honed granite counters, and a suite of high-performance appliances, including a Bertazzoni induction range and Bosch refrigerator and dishwasher.
The serene primary suite includes a walk-in closet and spa-inspired bath with marble finishes, a custom double vanity, and Waterworks fixtures. A spacious second bedroom and full guest bath provide flexibility for family, guests, or a home office. With generous closet space and an in-unit Bosch washer/dryer, the home blends convenience with design.
Life at 488 Sterling Place is enriched by boutique condominium amenities: an attended weekday lobby, smart video intercom, landscaped garden with seating and BBQ areas, fitness center, and bike storage. Both a dedicated on-site parking space and private storage can be acquired at an additional cost. Built with Passive House–inspired principles, the home offers superior air quality, exceptional sound attenuation, and year-round energy efficiency, with concrete construction and Zola triple-pane tilt-and-turn windows.
Just three blocks from Prospect Park, this location places you at the center of Brooklyn’s cultural and recreational treasures. The Brooklyn Museum, Botanic Garden, and Central Library are moments away, while BAM, Barclays Center, and Atlantic Terminal expand your entertainment and shopping options. Local streets are lined with some of the borough’s best dining and nightlife, and nearby 2/3/4/5/B/Q/C subways, the LIRR, and CitiBike stations provide seamless access to Manhattan and beyond.
Home Features
- •Central Air
- •Common On Floor
- •Common Area
- •In Unit
- •Garage
- •On Site
- •Granite Counters
- •High Ceilings
Building Amenities
- •Garage
- •On Site
Estimated Monthly Payment
$11,300 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$28,425
Monthly savings impact
$79/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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35 Underhill Avenue #B4I, New York City, NY 11238
Listing Courtesy of Yoreevo LLC
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20052048
Price Analysis
Compare average listing prices and value metrics for 488 Sterling Place against the surrounding Crown Heights market.
Average List Price
Price Per SqFt
42.19% Higher
than the Crown Heights price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Crown Heights.
Crown Heights
Overview of Crown Heights
Crown Heights is a neighborhood of contrasts and energy. Combining the Caribbean heritage of the West Indian Day Parade with a booming young professional scene, it is one of Brooklyn's most dynamic areas. For buyers seeking Crown Heights Brooklyn real estate, it offers proximity to cultural institutions and spacious pre-war housing.
Living in Crown Heights is vibrant. Franklin Avenue is one of the trendiest dining strips in the borough, while Eastern Parkway offers a grand, tree-lined promenade designed for sunday strolls.
Real Estate & Housing Market
The market for homes for sale in Crown Heights is diverse. To the north, you find grand townhouses and limestone mansions. To the south, large pre-war elevator buildings offer co-ops and rentals.
It is a market that offers value compared to neighboring Prospect Heights, while sharing many of the same amenities.
Lifestyle & Community
The lifestyle in Crown Heights is eclectic. Residents drink cocktails at intricate speakeasies on Franklin Ave, buy spices at Caribbean markets on Nostrand, and visit the Brooklyn Children's Museum.
The community is a unique blend of Afro-Caribbean families, the Chabad-Lubavitch Jewish community, and new residents.
Transportation & Accessibility
Crown Heights has distinct transit advantages. The 2/3/4/5 express trains on Eastern Parkway whisk commuters to Wall Street in 20 minutes.
The A/C trains serve the northern section, providing excellent coverage.
Parks, Schools & Amenities
Brower Park is a local favorite, and the neighborhood borders the Brooklyn Botanic Garden. The Weeksville Heritage Center provides deep historical context to the area.
Amenities are rich: varied dining, proximity to the Brooklyn Museum, and strong community centers.
Who This Neighborhood Is Best For
Crown Heights is best for diversity seekers, commuters (the express trains are unbeatable), and buyers wanting spacious pre-war apartments near Prospect Park.
