New York City » 11217 » Prospect Pl » 116 Prospect Pl

116 Prospect Place, Brooklyn, NY 11217 - Property report

Also known as: 116 Prospect Pl

Property image for 116 Prospect Place, Brooklyn, NY 11217

Property type

Four Families (C3)

Year built

1920

Lot sq. ft.

2,100

Sale price

$3,250,000

General information

Address

Primary address

116 Prospect Place

ZIP code

11217

Neighborhood

Park Slope

Borough

Brooklyn

Block & lot

00939-0029

Building

Property type

Four Families (C3)

Building sq. ft.

2,835

Building dimensions

21 ft x 45 ft

Buildings on lot

Stories

Year built

1920

Building material

Stone

Exterior wall

None

Basement

Sales

Sale date

12/07/2021

Sale price

$3,250,000

Tax

Tax year

2026-2027

Property tax

$28,411

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Prospect Place (narrow)

Nearest wide street

Flatbush Avenue

Distance to wide street

Lot dimensions

21 ft x 100 ft

Lot sq. ft.

2,100

Area overview

Walk score

98 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

91 /100. Biker's Paradise

School district

Community district

Closest police station

0.14 Miles

Closest fire station

0.16 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 116 Prospect Place, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 116 Prospect Place, Brooklyn, NY 11217

Sale date	Sale price	Buyer name	Seller name
12/07/2021	$3,250,000	XXX-XXX XXXXXXXX XX, XXX	XXX XXXXXXXX XX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/15/2026 - R	Initial UCC1 (2026070100199013)	XXXXXXXXX XXXXXX XXX X X X	XXXXXX XXXXXXXXXXX XX XXXXXX XXX
07/08/2026 - R 06/30/2026 - D	Assignment, Mortgage (2026070100641004)	XXXXX XXXXXXXXX XXXXXXX	XXXXXX XXXXXXXXXXX XX XXXXXX XXX
07/08/2026 - R 06/30/2026 - D	Assignment, Mortgage (2026070100641003)	XXXXX XXXXXXXXX XXXXXXX	XXXXXX XXXXXXXXXXX XX XXXXXX XXX
07/15/2026 - R 06/30/2026 - D	Assignment of Leases and Rents (2026070100199012)	XXXXXXXXX XXXXXX XXX X X X	XXXXXX XXXXXXXXXXX XX XXXXXX XXX
07/15/2026 - R 06/30/2026 - D	Agreement (2026070100199011)	XXXXXXXXX XXXXXX XXX X X X	XXXXXX XXXXXXXXXXX XX XXXXXX XXX
07/08/2026 - R 06/29/2026 - D	Termination of Assign of L&R (2026070100641005)	XXXXX XXXXXXXXX XXXXXXX	XXXXXX XXXXXXXX XX XXX
09/17/2025 - R 09/12/2025 - D	Easement (2025091500638002)	XXXXXX XXXXXXXX XX XXX	XXXXXX XXXXXXXX XX XXX
09/09/2024 - R 08/08/2023 - D	Sundry Agreement (2024083000650001)	XXXXXX XXXXXXXX XX XXX
12/30/2021 - R 12/07/2021 - D	Asgn of Asgn of L&R (2021121600463008)	XX XXXX XXXXXX XXXXXXX XXX	XXXXX XXXXXXXXX XXXXXXX
12/30/2021 - R 12/07/2021 - D	Assignment, Mortgage (2021121600463007)	XX XXXX XXXXXX XXXXXXX XXX	XXXXX XXXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 116 Prospect Place, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$28,411

Municipal exemptions

Recent tax assessments

Market value

$2,886,000

Assessed value

$1,298,700

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$2,549,000	$1,147,050	$221,247	12.439%	$27,521	$27,521	+7.47%
2024/25	$2,391,000	$1,075,950	$204,870	12.5%	$25,609	$25,609	+7.95%
2023/24	$2,220,000	$999,000	$189,744	12.502%	$23,722	$23,722	+10.07%
2022/23	$1,850,000	$832,500	$175,694	12.267%	$21,552	$21,552	+0.26%
2021/22	$1,480,000	$666,000	$175,694	12.235%	$21,496	$21,496	+2.96%
2020/21	$1,437,000	$646,650	$170,190	12.267%	$20,877	$20,877	+6.21%
2019/20	$1,197,600	$538,920	$157,592	12.473%	$19,656	$19,656	+6.78%
2018/19	$998,000	$449,100	$145,957	12.612%	$18,408	$18,408	+7.09%
2017/18	$859,000	$386,550	$135,149	12.719%	$17,190	$17,190	-1.34%
2016/17	$783,000	$352,350	$135,149	12.892%	$17,423	$17,423	+3.31%

Permits

Permit information for 116 Prospect Place, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
09/23/2025	Alteration CO
12/30/2024	Alteration CO
11/26/2024	Alteration
07/23/2024	Alteration
07/21/2024	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	03/01/2022	I
	03/01/2022	A
	04/12/2021	I

*Most recent HPD violations on record for this property.

Neighborhood

Prospect Heights residential market stats

Access a detailed real estate market overview of Prospect Heights so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Prospect Heights and compare it to other neighborhoods in Brooklyn.

Median sale price

$1,277,500

23.4% Y-o-Y

Median price/sq. ft.

$1,509

4.6% Y-o-Y

Brooklyn median sale price

$899,000

6% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Flatbush Ave & Park Pl at SW Corner

Station lines

B-Q

Distance (miles)

0.1

View subway map

Access the detailed traffic volume map for 116 Prospect Place, Brooklyn, NY 11217 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 282 Park Slope	5	Yes	Public	PK, K-5	496	0.24
P.S. 282 Park Slope	5	Yes	Public	PK, K-5	496	0.24
P.S. 77	NR	No	Public	K-12	304	0.13
Berkeley Carroll School	NR	No	Private	PK-12	977	0.20
Berkeley Carroll School	NR	No	Private	PK-12	977	0.20
Park Slope Christian Academy	NR	No	Private	PK, K-8	37	0.26
Park Slope Christian Academy	NR	No	Private	PK, K-8	37	0.26
Luria Academy of Brooklyn	NR	No	Private	PK-8	244	0.30
P.S. 133 William A Butler	6	No	Public	PK, K-5	609	0.37
P.S. 133 William A Butler	6	No	Public	PK, K-5	609	0.37

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Ms 266 Park Place Community Middle School	4	No	Public	6-8	69	0.13
P.S. 77	NR	No	Public	K-12	304	0.13
Berkeley Carroll School	NR	No	Private	PK-12	977	0.20
Park Slope Christian Academy	NR	No	Private	PK, K-8	37	0.26
Is 340	7	No	Public	6-8	150	0.27
Luria Academy of Brooklyn	NR	No	Private	PK-8	244	0.30
St Francis Xavier School	NR	No	Private	PK-8	175	0.33
P.S. 753 School For Career Development	NR	No	Public	6-12	354	0.37
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.37
The Math And Science Exploratory School	7	No	Public	6-8	522	0.49

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 77	NR	No	Public	K-12	304	0.13
Berkeley Carroll School	NR	No	Private	PK-12	977	0.20
P.S. 753 School For Career Development	NR	No	Public	6-12	354	0.37
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.37
Brooklyn High School of the Arts	5	No	Public	9-12	927	0.49
Khalil Gibran International Academy	2	No	Public	9-12	134	0.60
Bishop Loughlin Memorial High School	NR	No	Private	9-12	621	0.63
GOTHAM PROFESSIONAL ARTS ACADEMY	NR	No	Public	9-12	217	0.64
Acorn Community High School	NR	No	Public	9-12	107	0.64
Gotham Professional Arts Academy	NR	No	Public	9-12	179	0.64

Frequently asked questions

What is the year built for 116 Prospect Place, Brooklyn, NY 11217?

The development at 116 Prospect Place, Brooklyn, NY 11217 was built in 1920.

What is the total square footage of 116 Prospect Place, Brooklyn, NY 11217?

116 Prospect Place, Brooklyn, NY 11217 has a total of 2,835 square feet.

When was 116 Prospect Place, Brooklyn, NY 11217 last sold and what was the sale price?

116 Prospect Place, Brooklyn, NY 11217 was last sold on 12/07/2021 for $3,250,000.

What is the assessed value of 116 Prospect Place, Brooklyn, NY 11217?

116 Prospect Place, Brooklyn, NY 11217 is currently assessed at $1,298,700.

What are the property taxes for 116 Prospect Place, Brooklyn, NY 11217?

The property taxes for 116 Prospect Place, Brooklyn, NY 11217 total $28,410.

How many residential units does this building have?

This building has 4 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.