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On Prospect Park, 1 Grand Army Plaza, #16S

$9,950,000 ($2,843 per ft2) | 4 beds, 3.5 baths | Approx. 3,500 ft2
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19 days on Market

Key Details

  • Listed: Apr 12, 2024
    Days on Market: 19
    Building Type: Condominium
    Neighborhood: Prospect Heights (Brooklyn)
    Doorman: FT Doorman
Monthly Common Charges: $5,007
Monthly Real Estate Taxes: $44
Total Taxes & Fees: $5,051 ($1.44/ft2)
Est. Monthly Mortgage: $55,113
Total Est. Monthly Carrying Cost: $60,164 ($17.19/ft2)
Note: the above is based on a down payment of 20% ($1,990,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This spacious 3,500 square feet apartment is located in the desirable Prospect Heights neighborhood, close to cultural destinations like the Brooklyn Museum of Art, the Brooklyn Public Library, the Brooklyn Botanic Garden and Prospect Park. It also offers easy access to public transportation.
  • Stunning Design: Designed by renowned architect Richard Meier, the apartment features floor-to-ceiling windows throughout, offering spectacular views. The building is a modern, high-rise condominium with a full service garage and elevator.
  • Luxurious Amenities: The apartment boasts a newly renovated kitchen and baths, high-end Miele kitchen appliances, a custom designed bar with a built-in fridge, freezer, and a 145 bottle wine fridge. The primary suite includes a large private terrace, 2 walk-in closets, and a luxurious bath.
  • Outdoor Space: The property offers expansive 2,500 square feet of roof terraces and balconies, perfect for outdoor entertaining or relaxation.
  • Building Services and Amenities: The full service building provides a resident manager, concierge, handyman, and porters. Amenities include a fitness center, pool, rooftop terrace, business center, children's playroom, lounge, and plans for a new custom gym facility in the coming year.
  • Financial Benefits: The property comes with a tax abatement until 2035, reducing monthly real estate taxes. Rental parking is available in the building and the apartment comes with a large storage cage in the basement.

Description

Here is a home you never dreamed existed in brownstone Brooklyn - a true penthouse designed by Richard Meier with 3500 interior SF wrapped in 2500 SF of magnificent roof terraces and balconies. Meier’s signature glass walls and oversized layouts are on full display here, and have been newly augmented by the owner’s complete renovation of the kitchen and baths. The result is unparalleled luxury overlooking Prospect Park. A few of the most exciting features are: 60’ expanse through living room and dining room 3,500 Interior square feet Terrace and balconies totaling 2,500 square feet 4 full bedrooms 3.5 baths Floor to ceiling windows throughout Spectacular views from the Atlantic Ocean to the south, around to the Empire State Building, are fully protected by landmarked Prospect Park and brownstone neighborhoods, all from the vantage point of the 16th floor. The living/dining/kitchen space is truly massive.

One can easily entertain 150 people. And yet, there are comfortable nooks for more intimate conversations. The dining area accommodates a significant table, seating 12 with room to spare. One could also host a large dinner party on the lush terrace right off the living room surrounded by beautiful plantings and overlooking Prospect Park.

And from all rooms, New York and Brooklyn are laid out at your feet, sun-soaked by day or sparkling at night. The thoughtful kitchen renovation, just completed, is masterful. The 16ft island and backsplash are lustrous dolomitic marble and quartzite, respectively. All cabinetry is custom and includes a hidden, walk-in pantry.

There are 2 Miele dishwashers, a 60”side-by-side Miele fridge/freezer, and two 30” Miele ovens. Every storage need has been planned for. Across from the island is a custom designed bar with built-in fridge drawers, a freezer, a 145 bottle wine fridge, and space for all the libations and glassware you can dream of owning. The west facing primary suite is a perfect place to watch the sunset. One can drift off watching the lights of NY harbor and lower Manhattan.

There is a large terrace, private to the suite as well as 2 walk-in closets and a 3rd storage closet. The primary bath is a masterpiece with double sinks set in a 9ft granite vanity, a soaking tub and a walk-in shower for two. Even from here the views are glorious. 3 more bedrooms and 2 more renovated baths, a powder room, a laundry room, multiple storage closets and a well-designed entryway complete this floor. Upstairs, one finds the crowning glory of this home.

The nearly 2000 SF terrace has sweeping views east, south, and west of everything from the ocean to the city and all that’s in between: Prospect Park, the Brooklyn Library, the Brooklyn Museum, Grand Army Plaza, the Verrazano Bridge, Statue of Liberty, Brownstone Brooklyn and the Manhattan skyline. A pergola provides shade, a barbecue corner that has 2 grills, seated dining for 12+ exists, and the lounging area is expansive. Custom planters, mature plantings, an irrigation system, and custom lighting complete the picture.

The current owners have supported many causes with parties on their roof and can attest to its being able to accommodate hundreds of people. Yet it’s also the perfect refuge for a morning coffee or evening drink. OTHER IMPORTANT FEATURES *Full central air conditioning *All windows have custom motorized shades *Built in SONOS Sound system *Large motorized drop down projector screen in living room *Full size in unit Miele Washer and Dryer *Full service building with resident manager, concierge, handyman, and porters. *Common charges $5,007/month *Assessment in place for rooftop mechanical replacement of $258/month through 12/25 *Tax abatement until 2035 (current taxes $44/month) *Large storage cage in basement included *Rental parking in building *Bike storage *New custom gym facility planned for building in coming year

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Apartment Amenities

  • Garden

Listing Agent (Seller's Representative)

Listing courtesy of Compass

Pricing History

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About On Prospect Park, 1 Grand Army Plaza

89

On Prospect Park, 1 Grand Army Plaza has received a CityRealty Rating of 89, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

29
Out of 44
+
30
Out of 36
+
20
Out of 39
+
10
=
89
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but Very Good 3 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Free Standing 2 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Very Attractive 3 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • FT Doorman
  • High-Rise
  • Post War
  • Central AC
  • Full Service Garage
  • Pool
  • Rooftop Terrace
  • Elevator
  • Business Center
  • Children's Playroom
  • Lounge
  • Fitness Center

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Pros
  • Architectural masterpiece
  • Fronts on Grand Army Plaza
  • Fitness center
  • Doorman
  • Concierge
  • Balconies
  • Garage
  • Close to subway
  • Close to entrance to Prospect Park
  • Roof deck
Cons
  • No sidewalk landscaping
  • Not close to water
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Subways

  1. 2
  2. 3
at Flatbush Ave and Plaza Street East 0.18 miles
  1. B
  2. Q
at Flatbush Ave and Park Pl 0.32 miles