119 PROSPECT Park #1, New York City, NY 11215
Listing Courtesy of Serhant
$1,999,000
Potential Rebate: $29,985
Overview
<p>Located directly on Prospect Park, Residence 1 at 119 Prospect Park West is a beautifully designed two-bedroom, one-and-a-half-bathroom duplex with PRIVATE PARKING. This exceptional five-unit co-op embodies the best of Park Slope living. The building features a grand stoop entrance, a newly renovated facade, and carefully preserved original millwork that enhances its historic charm.</p> <p>The top floor of this duplex offers an open chef's kitchen with an oversized island, perfect for both cooking and entertaining. The kitchen includes high-end appliances, ample cabinetry, and sleek countertops. Adjacent to the kitchen is a spacious dining area, ideal for hosting gatherings. To the rear of this floor is a massive living room, which serves as the centerpiece of the home. This space showcases beautiful period details, including a decorative mantel, high ceilings, and elegant moldings, creating a warm and inviting atmosphere. A convenient powder room is also located on this level for added convenience.</p> <p>The lower level of this stunning apartment is where the two generously sized bedrooms are located, each offering abundant closet space and natural light. The full bathroom on this level is thoughtfully designed with modern fixtures, while the laundry area adds practicality to everyday living.</p> <p>Located among the distinguished residences of Prospect Park West, this timeless mansion was crafted in 1899 by the renowned architect William J. Ryan and is a shining example of neo-Italian Renaissance architecture. The building is steps away from the lush greenery of Prospect Park, offering direct access to its walking trails, playgrounds, and recreational areas. The vibrant retail, restaurants, and cafes along 5th and 7th Avenues are just moments away, providing the perfect mix of convenience and charm. Transportation options are easily accessible, with multiple subway lines nearby, and cultural destinations like the Brooklyn Museum, Grand Army Plaza, and the Brooklyn Botanic Garden are only minutes away.</p> <p>All showings and opens houses are by appointment only, please contact us to schedule a viewing.</p> <p> </p>
Home Features
- •Washer Hookup
- •In Unit
Estimated Monthly Payment
$11,168 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$29,985
Monthly savings impact
$83/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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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 Serhant
Data Source: TRESTLE #RLS20027630
Price Analysis
Compare average listing prices and value metrics for 119 PROSPECT Park against the surrounding Park Slope market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
21.04% Lower
than the Park Slope price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Park Slope
Overview of Park Slope
Park Slope is the quintessential family neighborhood of New York. Famous for its miles of brownstones, the expansive Prospect Park, and its progressive, literary vibe, it is often voted one of the best neighborhoods in America. For buyers seeking Park Slope Brooklyn real estate, it is the ultimate blend of beauty, community, and green space.
Living in Park Slope is idyllic. The avenues (5th and 7th) are lined with independent shops and strollers. As a premier Brooklyn NYC neighborhood, it sets the standard for brownstone living.
Real Estate & Housing Market
The market for homes for sale in Park Slope is premium. The "Gold Coast" along Prospect Park West features limestone mansions, while the side streets offer classic brownstones and co-ops.
Prices are high, especially for properties zoned for PS 321. It is a stable, high-value market that attracts families moving from Manhattan.
Lifestyle & Community
The lifestyle in Park Slope is active and community-focused. Residents spend weekends in Prospect Park, shop at the Park Slope Food Coop (if they are members), and dine at farm-to-table restaurants.
The community is known for being liberal, educated, and civic-minded. It is a "small town" within the big city.
Transportation & Accessibility
Park Slope is served by the F, G, R, 2, 3, B, and Q trains (depending on where in the slope you are). Commuting to Midtown takes 25-35 minutes.
The F train at 7th Avenue is the central hub for the neighborhood.
Parks, Schools & Amenities
Prospect Park is the neighborhood's backyard. Designed by the same creators as Central Park, it offers a zoo, a lake, and huge meadows. It is the center of life here.
Amenities are incredible: the Park Slope Food Coop, the Brooklyn Public Library, the Botanic Garden, and excellent public schools make it a self-contained paradise.
Who This Neighborhood Is Best For
Park Slope is best for families, writers, runners, and anyone who prioritizes parks, schools, and community over nightlife.
