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Prospect 701, New York

701, Franklin Ave, Kings County, 11238, United States
From
$1993
per month
4.2 mi from City Center
( 23m. 36m. 1h 33m)
See Universities on Map
Medgar Evers College | 0.56 mi
Talmudical Seminary Oholei Tora... | 0.65 mi
Associated Beth Rivkah Schools | 0.68 mi
Central Yeshiva Tomchei Tmimim ... | 0.82 mi
Pratt Institute | 1.21 mi
Pay In Instalment
smoke free
bills included
Maintenance
Gym

Offers (2)

  • Smart Savings: Score US$500 DISCOUNT on Your 1st Month!
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About the Property

Situated at 701, Franklin Ave, Kings County, 11238, Prospect 701 offers premium New York student housing options. It offers a wide variety of comfortable student apartments in New York. Prospect 701 NYC offers a variety of 3, 6, and 7-bedroom apartments for students. Prospect 701 New York is located near various universities. Medgar Evers College is a 5-minute drive, and the Talmudical Seminary Oholei Torah is a 7-minute drive from Prospect 701 NYC.


New York City, founded in 1624, is a global hub of culture, commerce, and education. With a student population of over 600,000, the city is home to some of the largest concentrations of students in the world. It consistently ranks in the top 10 of QS rankings for student cities, offering diverse academic and career opportunities. The city's numerous higher education institutions contribute to this student community. Famous landmarks like Central Park, Times Square, and the Statue of Liberty attract millions of tourists annually, while students enjoy access to over 80 museums, Broadway theaters, and a dynamic nightlife scene. The New York student guide provides a list of all these places, which are a must-visit. With more than 1,000 libraries and an extensive public transportation network, students have everything they need for both academic success and social engagement. All of these factors make New York one of the most loved cities to study, providing some exquisite student housing options, such as Prospect 701 NYC!

Features

Experience the best of student living with Prospect 701 Apartments, perfectly crafted to cater to a comfortable lifestyle in the heart of Brooklyn. Embark on your student life with a vast choice of room types, including 6 Bed 3 Bath, 7 Bed 3 Bath, 3 Bed 2 Bath, and 6 Bed 3 Bath, each one thoughtfully designed to maximize student comfort. In each room, find a carefully curated chair, personal safe box, cozy bed, ample closet space, dedicated desk, private shower, and sink. The storage space ensures your belongings are neatly organized, while air conditioning and heating systems provide a year-round comforting climate. Enjoy the luxury of having an equipped kitchen and a welcoming dining room in select units, with some also offering an inviting outdoor space.


When it comes to common amenities, Prospect 701 New York is designed for both convenience and leisure. Connect with peers in the community lounge, catch a film in the cinema room, or unwind in the vast outdoor space. Stay fit at the gym, find inspiration at the coworking space, and handle your laundry needs at the on-site laundry room. Cooking enthusiasts will revel in the full suite of appliances such as stoves, refrigerators/fridges, dishwashers, coffee machines, microwaves, and ovens. Cohab ensures that Prospect 701 residents receive ongoing support and prompt maintenance services. While comfort and convenience reign supreme, Prospect 701 upholds community values, making clear that pets, smoking, and children are not allowed, although couples are allowed. Enjoy the ease of a laid-back student lifestyle at Prospect 701 New York student housing.

Location and What's Hot?

Prospect 701 New York marks an ideal location as it is close to several, and they are in the immediate vicinity of the property. The New York University and the Cooper Union are a short drive away from these student apartments in New York.


Prospect 701 is close to plenty of restaurants, pubs, and shops, and offers an exciting nightlife. Duane Reade Pharmacy is a medical store located close to the property in case of any emergencies. Some of the best restaurants located close to this off-campus CUNY housing are Modern Bread and Bagel, Chama Mama Chelsea, iPizzaNY, The Donut Pub, Coppelia, Pokemotto, and District Local. Additionally, the Chelsea Market is a food hall with many vendors selling everything from fresh seafood to artisanal chocolates, just 2-3 streets away from Prospect 701. Students can also visit places like Flannery's Bar and Birch Coffee, which offer great food and drinks. The Ora Gallery, Twins Graffiti Art, and Westside Market NYC are also some of the famous places and amongst the best things to do in New York.


Madison Square Park is a green spot to relax or study outside. The nearby Manhattan Library is a great resource for those who want to learn and is among the best libraries in New York. Local art lovers appreciate being close to places like Fotografiska New York and the Morgan Library & Museum. These venues attract visitors with their rich art and literary collections. East River Park is perfect for students to relax and hang out. It has beautiful waterfront views, ideal for both relaxation and workouts. Meanwhile, the Gramercy Theater features various performances for all tastes. Prospect 701 NYC blends city life with an exciting academic culture.

Commute

Living at Prospect 701 provides students with ease of access to public transportation. Two of the nearest bus stops include Classon Ave/Franklin Ave and Franklin Ave/Eastern Pkwy, which are conveniently located within a short walk of 8 minutes. For those who prefer subways, the Franklin Ave and Park Pl stations serve as gateways to explore New York City and are just a 10-minute walk away. Read this guide to understand how to use subway in New York.This prime location ensures that getting to and from Prospect 701 is efficient, allowing students to maximize their time and opportunities in the city.

Room Types (4)

Clear
All (4)
3B (1)
7B (1)
6B (2)
3B
An apartment with three bedrooms, a living room, kitchen, and bathroom
20

Essential Room in 3 Bed 2 Bath (Unit 1)

Starting From:$1,993/month
3B
Private Room
Shared Bathroom
Shared Kitchen
7B
An apartment with seven bedrooms, a living room, kitchen, and bathroom
19

Essential Room in 7 Bed 3 Bath (Unit 4)

Starting From:$1,993/month
7B
Private Room
Shared Bathroom
Shared Kitchen
6B
An apartment with six bedrooms, a living room, kitchen, and bathroom
16

Essential Room in 6 Bed 3 Bath (Unit 2)

Starting From:$1,993/month
6B
Private Room
Shared Bathroom
Shared Kitchen
21

Essential Room in 6 Bed 3 Bath (Unit 3)

Starting From:$1,993/month
6B
Private Room
Shared Bathroom
Shared Kitchen
Amenities
Common Amenities
Community Lounge
Laundry Room
Double Glazed Windows
Cinema Room
Outdoor Space
Gym
Safety and Security
Ongoing Support
Maintenance
Bills Included
Electricity
Water
Heating
Insurance
Weekly Cleaning of The Shared Spaces
Monthly Events
Property Rules
Pets Not Allowed
Smoking Not Allowed
Children Not Allowed
Couple Are Allowed

Payment Policies (6)

  • Booking Deposit
    First month's rent must be paid in advance to secure room with property.
  • Security Deposit
    Security deposit required, refundable at end of tenancy with deductions and pending charges.
  • Pay In Instalment
    This property offers 12 flexible instalment plans.
Booking Deposit

You need to pay the first month's rent in advance to secure your room with the property.

Security Deposit

1. You need to pay a security deposit of 1-2 months of rent to secure your room with the property.

2. This is refundable at the end of the tenancy less any deductions and pending charges.

Pay In Instalment

You need to pay the rent monthly, in advance.

Mode Of Payment

Credit card and bank transfer.

Guarantor Requirement

1. You need to provide a guarantor to book a room with the property.

2. The guarantor can be both international or US based.

Additional Fees

Application fee: This is a one time fee & will vary from property to property.

Cancellation Policies (2)

  • Cooling Off Period
    Free cancellation within 15 days of signing, after incurring fee of 2 month's rent.
  • Early termination by students
    2 month notice required to terminate contract before due date.
Cooling Off Period

1. You can cancel your booking upto 15 days after you sign your lease without any liability.

2. Beyond this deadline, the property will be obliged to charge you a cancellation fee equivalent to 2 month's rent.

Please note:

1. It is not possible to cancel after entering the house even if it is before the 15 days notice.

2. The application fee is non-refundable.

Early termination by students

If you want to terminate your contract before the due date, you will have to give the property a 2 month notice.

Frequently Asked Questions

Is there a curfew?

They don’t impose a strict curfew, but members are expected to respect neighbors and fellow tenants. Quiet hours start at 10:00 pm on weekdays and 10:30 pm on weekends.

How many people live in each house?

Depending on the house size, the property houses range from 3 to 24 rooms.

Can I make changes to my bedroom?

Yes, as long as no damage is caused and the room is restored to its original condition upon move-out.

Can couples stay at the property?

Yes, in selected rooms. Availability is limited and depends on the house and room type.

Is it possible to move from one house to another?

Yes, if a room is available. Members have priority over non-members and can apply directly through the app.

What common areas are included in the houses?

Every house includes a fully equipped kitchen, living room, and laundry room. Many also feature gardens, terraces, gyms, cinema rooms, or saunas.

Is there a laundry room?

Yes, all houses include washing machines and dryers at no extra cost.

Is there parking?

Most houses include bicycle storage. Car parking is rare, but nearby public or private garages are usually available.

What kind of security do the houses have?

Many houses use Salto Smart-lock systems and Ring security at main entrances. Room access is managed via the app. Data is private unless explicit permission is given.

Do they provide extra services?

Yes. Members can purchase add-ons such as a Bedding Pack via the app.

Who makes up the community?

Members are usually between 21 and 35 years old and come from all over the world. They are open-minded, curious, and eager to learn. Most are professionals with diverse backgrounds (health, consulting, finance, digital, etc.) or students pursuing higher education or internships. Community values are: be open, keep learning, think green, stay foolish, lend a hand, and be respectful.

What kind of events are organized at the property?

Every month they organize a variety of events — yoga classes, retreats, workshops, after-work drinks, shared dinners, and more. Monthly breakfast is delivered to each home to encourage bonding.

What’s an Ambassador?

Ambassadors are peer-elected members who help welcome new housemates and share feedback with the property team. Each house has at least one Ambassador. They enjoy early access to certain events and projects and are part of a global Ambassador community.

What does the membership fee cover?

This one-time fee grants access to:
  • The global community app
  • Discounts with partners
  • Access to global events
  • Flexibility to move between hubs
  • Preferential rental prices
The fee is only paid once, as long as membership continues without interruption.

Can I invite a friend to stay with me?

Yes, guests may stay for up to 7 days per month with the agreement of housemates. Guests should not disturb others, and Ambassadors act as the reference point if needed.

Why are there no locks on bedrooms in NY houses?

New York Housing Department prohibits bedroom locks for fire safety. Safety is maintained through trust, respect, and shared community rules.

How do I deal with issues during my stay?

Members can report incidents or submit requests directly through the app.

May I register the address as my legal residency?

Yes. Members are encouraged to register officially at the beginning of their stay.

Can I receive mail at the house?

Yes. Mail can be sent to the property address, and names can be written on the board near the entrance.

What do they do for neighbors?

They ensure members respect local rules, quiet hours, and community harmony.

How sustainable is coliving at the property?

Many houses feature solar panels, rainwater harvesting, energy-saving tools, and second-hand furniture. Sustainability is a key priority.

What is coliving and who is it for?

Coliving is a way of living where residents share spaces, values, and experiences. It is sustainable, collaborative, and community-driven. The property welcomes anyone seeking a home and community in the city.
Prospect 701, New York
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