A Restored 1877 Building Becomes Three Boutique Condos at 183 Prospect Place
A Restored 1877 Building Becomes Three Boutique Condos at 183 Prospect Place
Welcome to 183 Prospect Place, a boutique three-unit condominium taking shape inside a restored 1877 building on a classic Prospect Heights block, just steps from the top corner of Prospect Park and Grand Army Plaza. This is a careful conversion of one of the neighborhood's original brownstone-era buildings into brand-new condo homes, the kind of small, character-rich project that fits Prospect Heights perfectly.
Where Things Stand
The offering plan for 183 Prospect Place was submitted to the New York State Attorney General on June 9, 2026, so it is one of the newest filings in the neighborhood and is currently awaiting acceptance. That means no units are for sale yet, there is no public pricing, and reservations cannot be taken. From here it typically takes about 6 to 12 months for the Attorney General to review and accept a plan.
The Numbers So Far
This is a three-unit building across two floors, with roughly 3,000 square feet of total residential area and no commercial space. With only three homes in a building this size, the most likely layout is a mix of full-floor and duplex residences, the kind of generously proportioned homes that boutique Prospect Heights conversions are known for. The full unit mix and individual pricing will be released once the Attorney General accepts the plan.
Curious About the Process to Buy in a New Development?
Read my blog post all about new development.
A Boutique Condo Experience
With just three residences, 183 Prospect Place is about as intimate as a condo building gets. Converting an 1877 building means the historic character is preserved while the systems, layouts, and finishes are brought fully up to date, so you get the charm of the original architecture with the comfort of new construction.
The Heart of Prospect Heights
Prospect Heights is the most central piece of brownstone Brooklyn, sitting next to Park Slope, Crown Heights, Fort Greene, and Clinton Hill all at once, with Prospect Park, the Brooklyn Museum, the Brooklyn Botanic Garden, and the Brooklyn Public Library all within a few blocks. I’m lucky to call this area so I am admittedly quite biased. The combination of brownstone blocks, prewar buildings, and the cultural anchors at Grand Army Plaza is hard to replicate anywhere else in the borough, and 183 Prospect Place sits right in the middle of it.
The B and Q trains at 7th Avenue are about a 3-minute walk.
The 2, 3, and 4 trains at Grand Army Plaza are about a 4-minute walk, your quick path to Lower Manhattan and Midtown.
The A and C trains at Clinton-Washington Avenues are about a 9-minute walk.
The full Atlantic Avenue-Barclays Center hub, with the B, D, N, Q, R, 2, 3, 4, 5, and the LIRR, is about 11 to 12 minutes away.
The zoned elementary school is P.S. 009.
Walkable to the restaurants and cafes along Vanderbilt and Washington Avenues, plus the Saturday Greenmarket at Grand Army Plaza.
Designed for Modern Brooklyn Living
A three-unit new-construction conversion in Prospect Heights is a rare thing. The neighborhood's character favors smaller, contextual buildings, and 183 Prospect Place fits that mold exactly. For buyers who want a brand-new home inside a building with real history, without the trade-offs of a large, anonymous development, this is precisely the type of project worth knowing about before the rest of the market does.
Discover Other Similar Projects
If you like the scale and timing of 183 Prospect Place, take a look at 196 Saint Marks Avenue, 139 Saint Marks Avenue, and 273 Park Place, two more small-scale Prospect Heights condos. Links for the last two to be added once those posts are live.
Your next Brooklyn home may be closer than you think. Let’s talk if you’re starting to explore a move.