New York City » 11217 » Prospect Pl » 131 Prospect Pl

131 Prospect Place, Brooklyn, NY 11217 - Property report

Also known as: 131 Prospect Pl

Property image for 131 Prospect Place, Brooklyn, NY 11217

Property type

Three Families (C0)

Year built

1931

Lot sq. ft.

2,882

Sale price

$350,000

General information

Address

Primary address

131 Prospect Place

ZIP code

11217

Neighborhood

Prospect Heights

Borough

Brooklyn

Block & lot

01150-0055

Building

Property type

Three Families (C0)

Building sq. ft.

4,224

Building dimensions

22 ft x 48 ft

Buildings on lot

Stories

Year built

1931

Building material

Stone

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

12/21/2006

Sale price

$350,000

Tax

Tax year

2026-2027

Property tax

$12,087

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

St Marks Avenue

Distance to wide street

Lot dimensions

22 ft x 131 ft

Lot sq. ft.

2,882

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

0.15 Miles

Closest fire station

0.16 Miles

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

Ownership

Ownership information for 131 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 131 Prospect Place, Brooklyn, NY 11217

Sale date	Sale price	Buyer name	Seller name
12/21/2006	$350,000	XXXXXXX, XXXXXX	XXXXXXX, XXXXXX XXX XXXXXXX, XXXXX
07/30/2003	$1,400,000	XXXXXXX, XXXXX XXX XXXXXXX, XXXXXX	XXXXXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/03/2022 - R 10/27/2022 - D	Satisfaction of Mortgage (2022102700658001)	XXXXXXX XXXXXX X	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
01/30/2020 - R 01/24/2020 - D	Satisfaction of Mortgage (2020012400229001)	XXXXXXX XXXXX	XXXX XX XXXXXXX XXX XXXX XXXX
01/15/2020 - R 12/30/2019 - D	Mortgage (2020011300529001)	XXXXXXX XXXXXX X	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
10/15/2019 - R 09/25/2019 - D	Satisfaction of Mortgage (2019092600059001)	XXXXXXX XXXXXX X	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
09/20/2019 - R 09/06/2019 - D	Mortgage (2019091901182001)	XXXXXXX XXXXXX X	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
06/18/2015 - R 05/21/2015 - D	Additional Mortgage Tax (2015053000109001)	XXXXXXX XXXXXX X	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
01/20/2015 - R 01/02/2015 - D	Mortgage and Consolidation (2015011400709001)	XXXXXXX XXXXXX X	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
05/09/2014 - R 02/20/2014 - D	Mortgage and Consolidation (2014030300040001)	XXXXXXX XXXXXX	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
11/15/2012 - R 10/19/2012 - D	Mortgage and Consolidation (2012103000063001)	XXXXXXX XXXXXX X	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
07/25/2012 - R 07/03/2012 - D	Agreement (2012071700951004)	XXXXXXXX XXXXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 131 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

$12,087

Municipal exemptions

Recent tax assessments

Market value

$6,147,000

Assessed value

$368,820

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	$5,631,000	$337,860	$57,528	19.843%	$11,415	$11,415	+3.82%
2024/25	$4,847,000	$290,820	$54,743	20.085%	$10,995	$10,995	0.00%
2023/24	$4,752,000	$285,120	$54,743	20.085%	$10,995	$10,995	+0.62%
2022/23	$4,400,000	$264,000	$53,803	20.309%	$10,927	$10,927	+7.83%
2021/22	$3,868,000	$232,080	$50,761	19.963%	$10,133	$10,133	+0.44%
2020/21	$4,309,000	$258,540	$47,940	21.045%	$10,089	$10,089	+4.48%
2019/20	$3,841,000	$230,460	$45,619	21.167%	$9,656	$9,656	+4.53%
2018/19	$4,569,000	$274,140	$44,159	20.919%	$9,543	$9,238	+4.50%
2017/18	$5,531,000	$331,860	$43,366	20.385%	$9,140	$8,840	+8.51%
2016/17	$4,266,000	$255,960	$40,751	19.991%	$8,456	$8,147	+8.58%

Permits

Permit information for 131 Prospect Place, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
04/02/2019	Alteration

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	05/05/2026	A
	03/24/2023	A
	11/09/2022	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)

0.094

View subway map

Access the detailed traffic volume map for 131 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. 9 Sarah Smith Garnet School (The)	6	Yes	Public	PK, K-5	732	0.35
P.S. 9 Sarah Smith Garnet School (The)	6	Yes	Public	PK, K-5	732	0.35
P.S. 77	NR	No	Public	K-12	304	0.20
Berkeley Carroll School	NR	No	Private	PK-12	977	0.23
Berkeley Carroll School	NR	No	Private	PK-12	977	0.23
Luria Academy of Brooklyn	NR	No	Private	PK-8	244	0.23
Luria Academy of Brooklyn	NR	No	Private	PK-8	244	0.23
P.S. 282 Park Slope	5	No	Public	PK, K-5	496	0.31
P.S. 282 Park Slope	5	No	Public	PK, K-5	496	0.31
Park Slope Christian Academy	NR	No	Private	PK, K-8	37	0.32

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 77	NR	No	Public	K-12	304	0.20
Ms 266 Park Place Community Middle School	4	No	Public	6-8	69	0.20
Is 340	7	No	Public	6-8	150	0.22
Berkeley Carroll School	NR	No	Private	PK-12	977	0.23
Luria Academy of Brooklyn	NR	No	Private	PK-8	244	0.23
P.S. 753 School For Career Development	NR	No	Public	6-12	354	0.32
Park Slope Christian Academy	NR	No	Private	PK, K-8	37	0.32
St Francis Xavier School	NR	No	Private	PK-8	175	0.38
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.43
Achievement First Endeavor Charter School	6	No	Charter	K-8	738	0.43

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 77	NR	No	Public	K-12	304	0.20
Berkeley Carroll School	NR	No	Private	PK-12	977	0.23
P.S. 753 School For Career Development	NR	No	Public	6-12	354	0.32
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.43
Brooklyn High School of the Arts	5	No	Public	9-12	927	0.53
Acorn Community High School	NR	No	Public	9-12	107	0.57
GOTHAM PROFESSIONAL ARTS ACADEMY	NR	No	Public	9-12	217	0.57
Gotham Professional Arts Academy	NR	No	Public	9-12	179	0.57
Bishop Loughlin Memorial High School	NR	No	Private	9-12	621	0.59
Brooklyn Free School	NR	No	Private	PK-12	76	0.63

Frequently asked questions

What is the year built for 131 Prospect Place, Brooklyn, NY 11217?

The development at 131 Prospect Place, Brooklyn, NY 11217 was built in 1931.

What is the total square footage of 131 Prospect Place, Brooklyn, NY 11217?

131 Prospect Place, Brooklyn, NY 11217 has a total of 4,224 square feet.

When was 131 Prospect Place, Brooklyn, NY 11217 last sold and what was the sale price?

131 Prospect Place, Brooklyn, NY 11217 was last sold on 12/21/2006 for $350,000.

What is the assessed value of 131 Prospect Place, Brooklyn, NY 11217?

131 Prospect Place, Brooklyn, NY 11217 is currently assessed at $368,820.

What are the property taxes for 131 Prospect Place, Brooklyn, NY 11217?

The property taxes for 131 Prospect Place, Brooklyn, NY 11217 total $12,086.

How many residential units does this building have?

This building has 3 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.