New York City  »  11238  »  Prospect Pl  »  406 Prospect Pl

406 Prospect Place #2, Brooklyn, NY 11238 - Property report

Also known as: 406 Prospect Pl #2

Property image for 406 Prospect Place #2, Brooklyn, NY 11238
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Property type

Condo - Residential Unit in 2-10 Unit Building (R1)

Year built

2016

Lot sq. ft.

1,113

Sale price

$1,180,000

General information

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Address
Primary address
406 Prospect Place #2
ZIP code
11238
Neighborhood
Prospect Heights
Borough
Brooklyn
Block & lot
01161-1002

Owner

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Building
Property type
Condo - Residential Unit in 2-10 Unit Building (R1)
Unit sq. ft.
780
Buildings on lot
1
Stories
4
Year built
2016
Sales
Sale date
02/06/2024
Sale price
$1,180,000
Tax
Tax year
2026-2027
Property tax
$12,961
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
1
Office sq. ft.
Retail sq. ft.
Lot
Distance to wide street
Lot sq. ft.
1,113

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
96 /100.  Biker's Paradise
School district
13
Community district
8

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

Ownership

Ownership information for 406 Prospect Place #2, Brooklyn, NY

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

Sales history for 406 Prospect Place #2, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
02/06/2024 $1,180,000 XXXXXXX, XXXXXXXXX XXX XXXXX, XXXXXX XXXXX XXXXXXXX XXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/09/2024 - R
02/06/2024 - D		 Power of Attorney
(2024020900108003)		 XXXXXXX XXXXXXXXX XXX XXX XXXXXXXX XXXXX XXXXXXXXXXX
02/09/2024 - R
02/06/2024 - D		 Mortgage
(2024020900108002)		 XXXXXXX XXXXXXXXX XXXXXXXX XXXX X X
02/09/2024 - R
02/06/2024 - D		 Deed
(2024020900108001)		 XXXXX XXXXXXXX XXXXX XXX XXXXXXX XXXXXXXXX
01/17/2024 - R
01/09/2024 - D		 Maps
(2024011600946002)		 XXX XXX XXXXXXXX XXXXX XXXXXXXXXXX
01/17/2024 - R
07/25/2023 - D		 Amended Condo Declaration
(2024011600946001)		 XXXXX XXXXXXXX XXXXX XXX
01/12/2023 - R UCC3 Termination
(2023010300620003)		 XXXXX XXXXXXXX XXXXX XXX XXXXXXXXX XXXX
01/12/2023 - R
12/13/2022 - D		 Termination of Assign of L&R
(2023010300620002)		 XXXXXXXXX XXXX XXXXX XXXXXXXX XXXXX XXX
01/12/2023 - R
12/13/2022 - D		 Satisfaction of Mortgage
(2023010300620001)		 XXXXX XXXXXXXX XXXXX XXX XXXXXXXXX XXXX
11/17/2022 - R UCC3 Continuation
(2022111500640001)		 XXXXX XXXXXXXX XXXXX XXX XXXXXXXXX XXXX
01/25/2018 - R Initial UCC1
(2018011901150001)		 XXXXX XXXXXXXX XXXXX XXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 406 Prospect Place #2, 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
$12,961
Municipal exemptions
Recent tax assessments
Market value
$299,879
Assessed value
$134,946

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 $249,778 $112,400 $96,477 12.439% $12,001 $12,001 +7.47%
2024/25 $299,572 $134,808 $89,331 12.5% $11,166 $11,166 -66.25%
2023/24 $800,000 $360,000 $264,651 12.502% $33,087 $33,087 +1.92%
2022/23 $791,400 $356,130 $264,651 12.267% $32,465 $32,465 +3.47%
2021/22 $633,400 $285,030 $256,449 12.235% $31,377 $31,377 +7.72%
2020/21 $615,000 $276,750 $237,453 12.267% $29,128 $29,128 +6.22%
2019/20 $572,800 $257,760 $219,864 12.473% $27,424 $27,424 +6.81%
2018/19 $477,000 $214,650 $203,578 12.612% $25,675 $25,675 n/a
Permits

Permit information for 406 Prospect Place #2, 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

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

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FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Washington Ave & Eastern Pkwy at NW Corner
Station lines
2-3
Distance (miles)
0.293
View subway map

Access the detailed traffic volume map for 406 Prospect Place #2, Brooklyn, NY 11238 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. 316 Elijah Stroud 8 No Public PK, K-5 550 0.11
P.S. 316 Elijah Stroud 8 No Public PK, K-5 550 0.11
Explore Exceed Charter School 6 No Charter K-8 429 0.16
Brooklyn Arts and Science Elementary School 4 No Public PK, K-5 275 0.16
Brooklyn Arts and Science Elementary School 4 No Public PK, K-5 275 0.16
P.S. 9 Sarah Smith Garnet School (The) 6 No Public PK, K-5 732 0.21
P.S. 9 Sarah Smith Garnet School (The) 6 No Public PK, K-5 732 0.21
Brooklyn Jesuit Prep School NR No Private 5-8 87 0.23
Luria Academy of Brooklyn NR No Private PK-8 244 0.30
Luria Academy of Brooklyn NR No Private PK-8 244 0.30
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Elijah Stroud Middle School 5 No Public 6-8 121 0.11
Explore Exceed Charter School 6 No Charter K-8 429 0.16
Brooklyn Jesuit Prep School NR No Private 5-8 87 0.23
Luria Academy of Brooklyn NR No Private PK-8 244 0.30
Is 340 7 No Public 6-8 150 0.35
Bethel Elementary School NR No Private PK-8 34 0.39
St. Francis De Sales School NR No Private PK-8 63 0.40
Achievement First Endeavor Charter School 6 No Charter K-8 738 0.45
The Brooklyn Waldorf School NR No Private PK, K-8 160 0.53
P.S. 753 School For Career Development NR No Public 6-12 354 0.54
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
GOTHAM PROFESSIONAL ARTS ACADEMY NR No Public 9-12 217 0.17
Acorn Community High School NR No Public 9-12 107 0.17
Gotham Professional Arts Academy NR No Public 9-12 179 0.18
Brooklyn Academy of Science and the Environment 3 No Public 9-12 265 0.44
Brooklyn School For Music And Theater 4 No Public 9-12 223 0.44
International High School at Prospect Heights 1 No Public 9-12 272 0.44
High School For Global Citizenship 4 No Public 9-12 221 0.44
Clara Barton High School 2 No Public 9-12 1,178 0.51
P.S. 753 School For Career Development NR No Public 6-12 354 0.54
Berkeley Carroll School NR No Private PK-12 977 0.57

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

Nearby ZIP codes for 406 Prospect Place #2, Brooklyn, NY

10002, New York City, NY 10038, New York City, NY 11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11225, New York City, NY 11226, New York City, NY 11231, New York City, NY 11232, New York City, NY 11233, New York City, NY 11237, New York City, NY

Frequently asked questions

What is the year built for 406 Prospect Place #2, Brooklyn, NY 11238?

The development at 406 Prospect Place #2, Brooklyn, NY 11238 was built in 2016.

What is the total square footage of 406 Prospect Place #2, Brooklyn, NY 11238?

406 Prospect Place #2, Brooklyn, NY 11238 has a total of 780 square feet.

When was 406 Prospect Place #2, Brooklyn, NY 11238 last sold and what was the sale price?

406 Prospect Place #2, Brooklyn, NY 11238 was last sold on 02/06/2024 for $1,180,000.

What is the assessed value of 406 Prospect Place #2, Brooklyn, NY 11238?

406 Prospect Place #2, Brooklyn, NY 11238 is currently assessed at $134,946.

What are the property taxes for 406 Prospect Place #2, Brooklyn, NY 11238?

The property taxes for 406 Prospect Place #2, Brooklyn, NY 11238 total $12,960.

How many residential units does this building have?

This building has 2 residential unit(s).

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