New York City  »  11215  »  Prospect Ave  »  397 Prospect Ave

397 Prospect Avenue, Brooklyn, NY 11215 - Property report

Also known as: 397 Prospect Ave

Property image for 397 Prospect Avenue, Brooklyn, NY 11215
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Property type

Miscellaneous Two Family (B9)

Year built

1901

Lot sq. ft.

1,250

Sale price

$1,450,000

General information

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Address
Primary address
397 Prospect Avenue
ZIP code
11215
Neighborhood
Park Slope
Borough
Brooklyn
Block & lot
01112-0082

Owner

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Building
Property type
Miscellaneous Two Family (B9)
Building sq. ft.
1,534
Building dimensions
12.5 ft x 42 ft
Buildings on lot
1
Stories
2
Year built
1901
Building material
Frame
Exterior wall
Aluminum/Vinyl
Basement
4
Sales
Sale date
05/29/2025
Sale price
$1,450,000
Tax
Tax year
2026-2027
Property tax
$1,885
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Prospect Avenue (wide)
Distance to wide street
Lot dimensions
12.5 ft x 100 ft
Lot sq. ft.
1,250

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
15
Community district
7
Closest police station
0.84 Miles
Closest fire station
0.29 Miles

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

Ownership

Ownership information for 397 Prospect Avenue, Brooklyn, NY

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

Sales history for 397 Prospect Avenue, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
05/29/2025 $1,450,000 XXXXX, XXXXXX XXX XXXXXXXXX, XXXXXXX XXXXX XX XX-XXXXXXX, XXXXXXX XXX XXXXX XX XX-XXXXXXX, XXXXXXXXXXX XXX XXXXX XXXXXX XXXX XXXXXX XXXXX XXX XXXXX, XX. XX XX-XXXXXXX, 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
06/16/2025 - R
05/29/2025 - D		 Mortgage
(2025060600179002)		 XXXXX XXXXXX XXXXXXXX XXXX X X
06/16/2025 - R
05/29/2025 - D		 Deed
(2025060600179001)		 XXXXX XX XXXXXXXXX XXXXXXX XXXXX XXXXXX
12/07/2021 - R
11/24/2021 - D		 Satisfaction of Mortgage
(2021113000798001)		 XX XXX XXXX X XXXX XX XXXXXXX X X
12/01/2021 - R
11/22/2021 - D		 Satisfaction of Mortgage
(2021112301541001)		 XXXXX XXXX X XXXX XX XXXXXXX X X
06/07/2021 - R
05/06/2021 - D		 Deed
(2021060101266001)		 XXXXX XXXXXXX XXXXXXX XXXXX XX XX XXXXXXX
07/05/2004 - R
04/07/2004 - D		 Mortgage
(2004061002592001)		 XX XXX XXXX X XXXXX XXXXXXXX XXXX
04/28/2004 - R
03/11/2004 - D		 Satisfaction of Mortgage
(2004031102202001)		 XXXXXX XXX XXXXXXXX XXXXXXXXXXX
03/30/2004 - R
10/27/2003 - D		 Mortgage
(2004012902440001)		 XXXXX XXXX X XXXXX XXXXXXXX XXXX
01/25/2001 - R Mortgage
(3620007497262)		 XXXXX XXXX XXXXXX XXX XXXXXXXXXXXXXXXXXXX
12/21/2000 - R Satisfaction of Mortgage
(3820007451482)		 XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 397 Prospect Avenue, 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
$1,885
Municipal exemptions
Recent tax assessments
Market value
$1,827,000
Assessed value
$109,620

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 $1,936,000 $116,160 $8,072 19.843% $1,883 $1,602 +41.30%
2024/25 $1,947,000 $116,820 $5,644 20.085% $1,885 $1,134 +11.08%
2023/24 $1,721,000 $103,260 $5,081 20.085% $1,784 $1,021 +6.21%
2022/23 $1,479,000 $88,740 $4,731 20.309% $1,702 $961 +6.17%
2021/22 $1,622,000 $97,320 $4,535 19.963% $1,580 $905 -7.12%
2020/21 $1,843,000 $110,580 $4,630 21.045% $1,665 $974 -0.15%
2019/20 $1,626,000 $97,560 $4,610 21.167% $1,655 $976 +12.65%
2018/19 $1,462,000 $87,720 $4,141 20.919% $1,548 $866 +1406.91%
2017/18 $1,812,000 $108,720 $282 20.385% $1,424 $57 n/a
2016/17 $1,467,000 $88,020 $0 19.991% $1,319 $0 n/a
Permits

Permit information for 397 Prospect Avenue, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Park Slope South residential market stats

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

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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)
0.267
View subway map

Access the detailed traffic volume map for 397 Prospect Avenue, 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S.10 Magnet School for Math, Science & Design Technology 8 Yes Public K-5 829 0.07
P.S. 53 NR No Public K-12 410 0.18
P.S. 295 7 No Public PK, K-5 242 0.22
P.S. 295 7 No Public PK, K-5 242 0.22
Holy Name Of Jesus School NR No Private PK, K-8 239 0.23
Holy Name Of Jesus School NR No Private PK, K-8 239 0.23
St. Joseph the Worker Catholic Academy NR No Private PK-8 186 0.23
St. Joseph the Worker Catholic Academy NR No Private PK-8 186 0.23
P.S. 107 John W Kimball 8 No Public PK, K-5 501 0.24
P.S. 107 John W Kimball 8 No Public PK, K-5 501 0.24
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 53 NR No Public K-12 410 0.18
Jhs 88 Peter Rouget 6 No Public 6-8 1,024 0.18
New Voices School Of Academic And Creative Arts 9 No Public 6-8 530 0.22
Holy Name Of Jesus School NR No Private PK, K-8 239 0.23
St. Joseph the Worker Catholic Academy NR No Private PK-8 186 0.23
MS 442 Carroll Gardens School for Innovation 9 No Public 6-8 344 0.34
Brooklyn Urban Garden Charter School 6 No Charter 6-8 310 0.34
Hellenic Classical Charter School 10 No Charter PK, K-8 483 0.40
Saint Saviour Catholic Academy NR No Private PK, K-8 370 0.54
Al-Noor School NR No Private PK-12 654 0.55
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 53 NR No Public K-12 410 0.18
Mesilas Bais Yaakov NR No Private 9-12 260 0.21
Yeshiva Machzikel Hadas NR No Private 12 0 0.34
Al-Noor School NR No Private PK-12 654 0.55
AL-Noor School NR No Private PK-12 630 0.55
St Saviour High School NR No Private 9-12 400 0.58
Millennium Brooklyn High School 10 No Public 9-12 721 0.66
Park Slope Collegiate 4 No Public 6-12 577 0.66
John Jay School for Law 3 No Public 9-12 461 0.66
Cyberarts Studio Academy 2 No Public 9-12 298 0.66

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 397 Prospect Avenue, Brooklyn, NY

399 Prospect Ave, Brooklyn 395 Prospect Ave, Brooklyn 381 Prospect Ave, Brooklyn 387 Prospect Ave, Brooklyn 397 A Prospect Ave, Brooklyn 405 Prospect Ave, Brooklyn 411 Prospect Ave, Brooklyn 389 Prospect Ave, Brooklyn 383 Prospect Ave, Brooklyn 401 A Prospect Ave, Brooklyn 407 Prospect Ave, Brooklyn 393 Prospect Ave, Brooklyn 391 Prospect Ave, Brooklyn 385 Prospect Ave, Brooklyn 1630 8th Ave, Brooklyn 1657 8th Ave, Brooklyn 399 A Prospect Ave, Brooklyn 401 Prospect Ave, Brooklyn 413 B Prospect Ave, Brooklyn 409 Prospect Ave, Brooklyn

Nearby ZIP codes for 397 Prospect Avenue, Brooklyn, NY

10004, New York City, NY 10005, New York City, NY 10038, New York City, NY 10271, New York City, NY 11201, New York City, NY 11204, New York City, NY 11205, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 397 Prospect Avenue, Brooklyn, NY 11215?

The development at 397 Prospect Avenue, Brooklyn, NY 11215 was built in 1901.

What is the total square footage of 397 Prospect Avenue, Brooklyn, NY 11215?

397 Prospect Avenue, Brooklyn, NY 11215 has a total of 1,534 square feet.

When was 397 Prospect Avenue, Brooklyn, NY 11215 last sold and what was the sale price?

397 Prospect Avenue, Brooklyn, NY 11215 was last sold on 05/29/2025 for $1,450,000.

What is the assessed value of 397 Prospect Avenue, Brooklyn, NY 11215?

397 Prospect Avenue, Brooklyn, NY 11215 is currently assessed at $109,620.

What are the property taxes for 397 Prospect Avenue, Brooklyn, NY 11215?

The property taxes for 397 Prospect Avenue, Brooklyn, NY 11215 total $1,884.

How many residential units does this building have?

This building has 2 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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