New York City  »  11215  »  Prospect Park W  »  188 Prospect Park W

188 Prospect Park W, Brooklyn, NY 11215 - Property report

Also known as: 496 A 14th St

Property image for 188 Prospect Park W, Brooklyn, NY 11215
static Mapbox map

Property type

Motion Picture Theatre with Balcony (J3)

Year built

1928

Lot sq. ft.

8,335

Sale price

$28,000,000

General information

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Address
Primary address
188 Prospect Park W
Alternate address(es)
187-191 Prospect Park W
496 14th St
496 A 14th St
ZIP code
11215
Neighborhood
Park Slope
Borough
Brooklyn
Block & lot
01103-0037

Owner

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Building
Property type
Motion Picture Theatre with Balcony (J3)
Building sq. ft.
33,120
Building dimensions
60 ft x 138 ft
Buildings on lot
1
Stories
3
Year built
1928
Building material
Sales
Sale date
08/26/2016
Sale price
$28,000,000
Tax
Tax year
2026-2027
Property tax
$225,013
Tax class
Zoning & Use
Zoning
Commercial units
1
Lot
Lot dimensions
60 ft x 138.92 ft
Lot sq. ft.
8,335
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
33,090 sq. ft.
Buildable area

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
88 /100.  Very Bikeable
School district
15
Community district
6
Closest police station
1.10 Miles
Closest fire station
0.22 Miles

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Ownership information for 188 Prospect Park W, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 188 Prospect Park W, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
08/26/2016 $28,000,000 XXX XXXXXXXX XXXX XXXX XXX XXXXXXXX XX XXX XXXX, XXX
09/13/2006 $16,000,000 XXXXXXXX XX XXX XXXX, XXX XXX XXXXXXXX XXXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/27/2026 - R UCC3 Continuation
(2026032600774001)
XXX XXXXXXXX XXXX XXXX XXX XXXXXXXX XXXX
04/13/2021 - R UCC3 Continuation
(2021032501297001)
XXX XXXXXXXX XXXX XXXX XXX XXXXXXXX XXXX
12/14/2020 - R
12/10/2020 - D
Landmark Designation
(2020121000961001)
XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX
02/03/2020 - R
09/19/2019 - D
Assignment, Mortgage
(2019092500739004)
XXXXXX XXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXXXXX X X XXXXX XXXXXXXX XXXXXXXXXXXXXX
02/03/2020 - R
09/19/2019 - D
Mortgage
(2019092500739003)
XXX XXXXXXXX XXXX XXXX XXX XXXXXX XXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXXXXX
02/03/2020 - R
09/19/2019 - D
Agreement
(2019092500739002)
XXXXXX XXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXXXXX X X XXXXX XXXXXXXX XXXXXXXXXXXXXX
02/03/2020 - R
09/19/2019 - D
Agreement
(2019092500739001)
XXXXXXXX XXXX XXXXXX XXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXXXXX
09/30/2016 - R UCC3 Termination
(2016090101112001)
XXXXXXXX XX XXX XXXX XXX XXXXX XXXXX XXXX X X XX XXXXXXX
09/13/2016 - R Initial UCC1
(2016083000560006)
XXX XXXXXXXX XXXX XXXX XXX XXXXXXXX XXXX
09/02/2016 - R UCC3 Termination
(2016083100708002)
XXXXXXXX XX XXX XXXX XXX X X XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 188 Prospect Park W, 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
$225,013
Municipal exemptions
Recent tax assessments
Market value
$8,806,000
Assessed value
$3,962,700

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 $8,601,000 $3,870,450 $3,608,280 10.848% $391,426 $207,605 +1.27%
2024/25 $8,412,000 $3,785,400 $3,612,870 10.762% $388,817 $204,996 +1.92%
2023/24 $8,220,000 $3,699,000 $3,634,470 10.592% $384,963 $201,142 -46.42%
2022/23 $7,836,000 $3,526,200 $3,526,200 10.646% $375,399 $375,399 +10.45%
2021/22 $7,023,000 $3,160,350 $3,160,350 10.755% $339,896 $339,896 -15.95%
2020/21 $8,652,000 $3,893,400 $3,781,592 10.694% $404,403 $404,403 +92.82%
2019/20 $4,875,000 $2,193,750 $1,990,440 10.537% $209,733 $209,733 +5.62%
2018/19 $4,665,000 $2,099,250 $1,888,740 10.514% $198,582 $198,582 +5.08%
2017/18 $4,424,000 $1,990,800 $1,797,390 10.514% $188,978 $188,978 +3.71%
2016/17 $4,192,000 $1,886,400 $1,723,230 10.574% $182,214 $182,214 +2.50%

Permit information for 188 Prospect Park W, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/27/2025 Alteration
09/17/2025 Alteration
08/15/2025 Alteration
08/14/2025 Alteration
11/14/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
09/04/2022 C-construction other optional
09/04/2022 C-construction other optional
08/02/2020 Bench-failure to benchmark

*Most recent DOB violations on record for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Prospect Park West & 14th St at SW Corner
Station lines
F
Distance (miles)
0.016

Access the detailed traffic volume map for 188 Prospect Park W, Brooklyn, NY 11215 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

Frequently asked questions

What is the year built for 188 Prospect Park W, Brooklyn, NY 11215?

The development at 188 Prospect Park W, Brooklyn, NY 11215 was built in 1928.

What is the total square footage of 188 Prospect Park W, Brooklyn, NY 11215?

188 Prospect Park W, Brooklyn, NY 11215 has a total of 33,120 square feet.

When was 188 Prospect Park W, Brooklyn, NY 11215 last sold and what was the sale price?

188 Prospect Park W, Brooklyn, NY 11215 was last sold on 08/26/2016 for $28,000,000.

What is the assessed value of 188 Prospect Park W, Brooklyn, NY 11215?

188 Prospect Park W, Brooklyn, NY 11215 is currently assessed at $3,962,700.

What are the property taxes for 188 Prospect Park W, Brooklyn, NY 11215?

The property taxes for 188 Prospect Park W, Brooklyn, NY 11215 total $408,834.

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