New York City  »  11238  »  Prospect Pl  »  261 Prospect Pl

261 Prospect Place, Brooklyn, NY 11238 - Property report

Also known as: 261 Prospect Pl

Property image for 261 Prospect Place, Brooklyn, NY 11238
static Mapbox map

Property type

Four Families (C3)

Year built

1931

Lot sq. ft.

2,620

Sale price

$10

General information

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Address
Primary address
261 Prospect Place
ZIP code
11238
Neighborhood
Prospect Heights
Borough
Brooklyn
Block & lot
01152-0082

Owner

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Building
Property type
Four Families (C3)
Building sq. ft.
5,248
Building dimensions
20 ft x 60 ft
Buildings on lot
1
Stories
4
Year built
1931
Building material
Stone
Exterior wall
None
Basement
N
Sales
Sale date
05/15/2025
Sale price
$10
Tax
Tax year
2026-2027
Property tax
$13,697
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Prospect Place (narrow)
Nearest wide street
St Marks Avenue
Distance to wide street
Lot dimensions
20 ft x 131 ft
Lot sq. ft.
2,620

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
93 /100.  Biker's Paradise
School district
13
Community district
8
Closest police station
0.39 Miles
Closest fire station
0.39 Miles

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

Ownership information for 261 Prospect Place, Brooklyn, NY

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

Sales history for 261 Prospect Place, Brooklyn, NY 11238

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/08/2025 - R
05/15/2025 - D
Deed
(2025082200471001)
XXXX XXXXXXXX XXXX XXXXXXXX
08/06/2021 - R
10/26/2020 - D
Assignment, Mortgage
(2021080300736001)
XXXXXX XXXXXXXX XXXXXXXXX XXXXXXXXXXXXXXXXXX XXXXX XXX
11/26/2007 - R
10/23/2007 - D
Deed
(2007111300505002)
XXXX XXXXXXXXXXXXXX XXXX XXXXXXXXXXXXXX
12/11/2000 - R Satisfaction of Mortgage
(3540007440854)
12/07/1994 - R
10/21/1994 - D
Deed
(3440004537944)
XXXX XXXXXXX XXXX XXXXXXXX
04/13/1987 - R Mortgage
(3110001256511)
XXXX XXXXXXX X XXXXX XXXXX XXXX XXXX
03/26/1984 - R Satisfaction of Mortgage
(3460001009846)
XXXX XXXXXXX X XXXXXX XXXXXXX XXXX
01/04/1979 - R Mortgage
(37930104501507)
XXXX XXXXXXX X XXXXXX XXXXXXX XXXX
10/06/1966 - D
10/06/1966 - R
Mortgage
(36630026000462)
XXXXXX XXXXX XXXXXXXXX XXXXXXX
10/06/1966 - D
10/06/1966 - R
Deed
(36630026000460)
XXXXXXXXX XXXXXXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 261 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
$13,697
Municipal exemptions
Recent tax assessments
Market value
$2,923,000
Assessed value
$1,315,350

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 $2,436,000 $1,096,200 $110,117 12.439% $13,697 $13,697 +2.79%
2024/25 $2,030,000 $913,500 $106,603 12.5% $13,325 $13,325 +7.92%
2023/24 $1,746,000 $785,700 $98,764 12.502% $12,347 $12,347 +10.03%
2022/23 $1,536,000 $691,200 $91,481 12.267% $11,222 $11,222 +8.28%
2021/22 $1,631,000 $733,950 $84,705 12.235% $10,364 $10,364 -0.26%
2020/21 $1,784,000 $802,800 $84,705 12.267% $10,391 $10,391 +1.59%
2019/20 $1,713,000 $770,850 $82,002 12.473% $10,228 $10,228 +6.75%
2018/19 $1,557,000 $700,650 $75,972 12.612% $9,582 $9,582 +7.05%
2017/18 $1,340,000 $603,000 $70,370 12.719% $8,950 $8,950 +6.55%
2016/17 $1,215,000 $546,750 $65,158 12.892% $8,400 $8,400 +0.07%

Permit information for 261 Prospect Place, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
05/05/2026 A
11/20/2025 I
06/10/2025 A

*Most recent HPD violations on record for this property.

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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Flatbush Ave & Plaza Street East at SE Corner
Station lines
2-3
Distance (miles)
0.237

Access the detailed traffic volume map for 261 Prospect Place, 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. 9 Sarah Smith Garnet School (The) 6 Yes Public PK, K-5 732 0.11
P.S. 9 Sarah Smith Garnet School (The) 6 Yes Public PK, K-5 732 0.11
Luria Academy of Brooklyn NR No Private PK-8 244 0.05
Luria Academy of Brooklyn NR No Private PK-8 244 0.05
Achievement First Endeavor Charter School 6 No Charter K-8 738 0.34
P.S. 316 Elijah Stroud 8 No Public PK, K-5 550 0.36
P.S. 316 Elijah Stroud 8 No Public PK, K-5 550 0.36
Berkeley Carroll School NR No Private PK-12 977 0.36
Berkeley Carroll School NR No Private PK-12 977 0.36
Brooklyn Arts and Science Elementary School 4 No Public PK, K-5 275 0.40
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Luria Academy of Brooklyn NR No Private PK-8 244 0.05
Is 340 7 No Public 6-8 150 0.15
Achievement First Endeavor Charter School 6 No Charter K-8 738 0.34
P.S. 753 School For Career Development NR No Public 6-12 354 0.35
Elijah Stroud Middle School 5 No Public 6-8 121 0.36
Berkeley Carroll School NR No Private PK-12 977 0.36
Explore Exceed Charter School 6 No Charter K-8 429 0.40
Bethel Elementary School NR No Private PK-8 34 0.44
Ms 266 Park Place Community Middle School 4 No Public 6-8 69 0.46
P.S. 77 NR No Public K-12 304 0.46
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 0.31
Acorn Community High School NR No Public 9-12 107 0.31
Gotham Professional Arts Academy NR No Public 9-12 179 0.31
P.S. 753 School For Career Development NR No Public 6-12 354 0.35
Berkeley Carroll School NR No Private PK-12 977 0.36
P.S. 77 NR No Public K-12 304 0.46
Berkeley Carroll Elementary School NR No Private PK-12 940 0.60
High School For Global Citizenship 4 No Public 9-12 221 0.62
Brooklyn School For Music And Theater 4 No Public 9-12 223 0.62
International High School at Prospect Heights 1 No Public 9-12 272 0.62

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

Frequently asked questions

What is the year built for 261 Prospect Place, Brooklyn, NY 11238?

The development at 261 Prospect Place, Brooklyn, NY 11238 was built in 1931.

What is the total square footage of 261 Prospect Place, Brooklyn, NY 11238?

261 Prospect Place, Brooklyn, NY 11238 has a total of 5,248 square feet.

When was 261 Prospect Place, Brooklyn, NY 11238 last sold and what was the sale price?

261 Prospect Place, Brooklyn, NY 11238 was last sold on 05/15/2025 for $10.

What is the assessed value of 261 Prospect Place, Brooklyn, NY 11238?

261 Prospect Place, Brooklyn, NY 11238 is currently assessed at $1,315,350.

What are the property taxes for 261 Prospect Place, Brooklyn, NY 11238?

The property taxes for 261 Prospect Place, Brooklyn, NY 11238 total $13,697.

How many residential units does this building have?

This building has 4 residential unit(s).

Disclaimer

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