Kings  »  11215  »  Prospect Park SW  »  38 Prospect Park SW

38 Prospect Park SW, Brooklyn, NY 11215 - Property report

Also known as: 1501-1509 10th Ave

Property image for 38 Prospect Park SW, Brooklyn, NY 11215
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1920

Lot sq. ft.

4,250

Sale price

$5,900,000

General information

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Address
Primary address
38 Prospect Park SW
Alternate address(es)
1501-1509 10th Ave
ZIP code
11215
Neighborhood
Windsor Terrace
Borough
Brooklyn
Block & lot
01107-0005

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
15,200
Building dimensions
50 ft x 76.5 ft
Buildings on lot
1
Stories
4
Year built
1920
Building material
Sales
Sale date
02/07/2020
Sale price
$5,900,000
Tax
Tax year
2026-2027
Property tax
$132,382
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
20
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50 ft x 85 ft
Lot sq. ft.
4,250

Area overview

Walk score
90 /100.  Walker's Paradise
Transit score
97 /100.  Rider's Paradise
Bike score
84 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
1.21 Miles
Closest fire station
0.41 Miles

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

Ownership information for 38 Prospect Park SW, Brooklyn, NY

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

Sales history for 38 Prospect Park SW, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
02/07/2020 $5,900,000 XX XXXX, XXX XXXXXX XXXXXX XXXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/22/2024 - R
07/11/2024 - D
Asgn of Asgn of L&R
(2024071800490002)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
07/22/2024 - R
03/27/2024 - D
Assignment, Mortgage
(2024071800490001)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
01/06/2023 - R
12/28/2022 - D
Assignment of Leases and Rents
(2023010400351006)
XX XXXX XXX XXXXX XXXXXXXX XXXX
01/06/2023 - R
12/28/2022 - D
Agreement
(2023010400351005)
XX XXXX XXX XXXXX XXXXXXXX XXXX
01/06/2023 - R
12/28/2022 - D
Mortgage
(2023010400351004)
XX XXXX XXX XXXXX XXXXXXXX XXXX
01/06/2023 - R
12/28/2022 - D
Assignment, Mortgage
(2023010400351003)
XXXXXXXX XXXX XXXXXXXX XXXX XXXXX XXXXXXXX XXXX
01/06/2023 - R
12/28/2022 - D
Assignment, Mortgage
(2023010400351002)
XXXXXXXX XXXX XXXXXXXX XXXX XXXXX XXXXXXXX XXXX
01/06/2023 - R
12/28/2022 - D
Termination of Assign of L&R
(2023010400351001)
XXXXXXXX XXXX XXXXXXXX XXXX XX XXXX XXX
02/12/2020 - R
02/07/2020 - D
Asgn of Asgn of L&R
(2020021200082007)
XX XXXX XXXXXX XXXXXXX XXX XXXXXXXX XXXX XXXXXXXX XXXX
02/12/2020 - R
02/07/2020 - D
Assignment, Mortgage
(2020021200082006)
XX XXXX XXXXXX XXXXXXX XXX XXXXXXXX XXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 38 Prospect Park SW, 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
$132,382
Municipal exemptions
Recent tax assessments
Market value
$2,365,000
Assessed value
$1,064,250

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 $2,280,000 $1,026,000 $1,026,000 12.439% $127,624 $127,624 +1.33%
2024/25 $2,630,000 $1,183,500 $1,007,640 12.5% $125,955 $125,955 +6.86%
2023/24 $2,414,000 $1,086,300 $942,840 12.502% $117,874 $117,874 +8.89%
2022/23 $2,382,000 $1,071,900 $882,450 12.267% $108,250 $108,250 +8.40%
2021/22 $1,858,000 $836,100 $816,210 12.235% $99,863 $99,863 +3.89%
2020/21 $1,912,000 $860,400 $783,630 12.267% $96,128 $96,128 +4.00%
2019/20 $1,910,000 $859,500 $741,060 12.473% $92,432 $92,432 +6.38%
2018/19 $1,743,000 $784,350 $688,950 12.612% $86,890 $86,890 +3.02%
2017/18 $1,646,000 $740,700 $663,120 12.719% $84,342 $84,342 +1.74%
2016/17 $1,496,000 $673,200 $643,050 12.892% $82,902 $82,902 +2.51%

Permit information for 38 Prospect Park SW, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/18/2023 Alteration
10/10/2023 Alteration
08/16/2023 Alteration
06/27/2023 Alteration
05/01/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
09/12/2024 Aeuhaz1-fail to certify class 1 none
10/04/2023 Aeuhaz1-fail to certify class 1 none
04/04/2023 C-construction other optional

*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 & Prospect Park Southwest at NE Corner
Station lines
F
Distance (miles)
0.115

Access the detailed traffic volume map for 38 Prospect Park SW, 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 38 Prospect Park SW, Brooklyn, NY 11215?

The development at 38 Prospect Park SW, Brooklyn, NY 11215 was built in 1920.

What is the total square footage of 38 Prospect Park SW, Brooklyn, NY 11215?

38 Prospect Park SW, Brooklyn, NY 11215 has a total of 15,200 square feet.

When was 38 Prospect Park SW, Brooklyn, NY 11215 last sold and what was the sale price?

38 Prospect Park SW, Brooklyn, NY 11215 was last sold on 02/07/2020 for $5,900,000.

What is the assessed value of 38 Prospect Park SW, Brooklyn, NY 11215?

38 Prospect Park SW, Brooklyn, NY 11215 is currently assessed at $1,064,250.

What are the property taxes for 38 Prospect Park SW, Brooklyn, NY 11215?

The property taxes for 38 Prospect Park SW, Brooklyn, NY 11215 total $132,382.

How many residential units does this building have?

This building has 20 residential unit(s).

Disclaimer

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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.

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