| Primary address | 487 Prospect Place |
| Secondary address | 485-487 Prospect Pl |
| Neighborhood | Prospect Heights |
| Zip code | 11238 |
| Borough | Brooklyn |
| Block & lot | 01155-0063 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 06/01/2006 |
| Purchase price | $250,000 |
| Tax class | Register |
| Estimated property tax | $16,234 |
| Lot sqft | 3,765 |
| Lot dimensions | |
| Building class | Over Six Families without Stores (C1) |
| Building sqft | 8,884 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 4 |
| Year built | 1907 |
| Construction type | Register |
| School district | 17 |
| Community district | 8 |
| Closest police station | 0.78 Miles |
| Closest fire station | 0.16 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
487 Prospect Place, Brooklyn, NY 11238 was built in 1907 and has a total of 8,884 square feet.
What is the assessed value of 487 Prospect Place, Brooklyn, NY 11238 and the property tax paid?Assessed at $1,204,200, the tax amount paid for 487 Prospect Place, Brooklyn, NY 11238 is $16,234. For the next year, the tax amount for 487 Prospect Place, Brooklyn, NY 11238 is estimated at $16,234.
When was 487 Prospect Place, Brooklyn, NY 11238 last sold and what was the last sale price?487 Prospect Place, Brooklyn, NY 11238 was last sold in 06/01/2006 for $250,000.
How many residential units does this building have?This building has 8 residential unit(s).
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 487 Prospect Place, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 06/01/2006 | $250,000 | Register | Register |
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 487 Prospect Place, Brooklyn, NY 11238. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $16,235 |
| Estimated property tax: | $16,234 |
| Tax assessor's market value: | $2,676,000 |
| Assessed value: | $1,204,200 |
Here's the assessment & property tax history for 487 Prospect Place, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $2,676,000 | $1,204,200 | $130,514 | 12.439% | $16,235 | $16,235 | +2.72% |
| 2024/25 | $3,345,600 | $1,505,520 | $126,432 | 12.5% | $15,804 | $15,804 | +7.97% |
| 2023/24 | $2,788,000 | $1,254,600 | $117,083 | 12.502% | $14,638 | $14,638 | +10.06% |
| 2022/23 | $2,323,000 | $1,045,350 | $108,423 | 12.267% | $13,300 | $13,300 | +8.28% |
| 2021/22 | $1,858,000 | $836,100 | $100,395 | 12.235% | $12,283 | $12,283 | -0.26% |
The complete history of permits filed for 487 Prospect Place, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Franklin Ave & Park Pl at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | FS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.154 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Classon Av/Prospect Pl | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.036 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 487 Prospect Place, Brooklyn, NY 11238.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 455 Prospect Pl, Brooklyn | 8,884 | 01/22/2004 | $250,000 |
| 447 Prospect Pl, Brooklyn | 8,884 | 09/16/2024 | |
| 698 Classon Ave, Brooklyn | 32,112 | ||
| 459 Prospect Pl, Brooklyn | 8,884 | 11/30/1988 | |
| 436 St Marks Ave, Brooklyn | 2,772 | 12/02/2016 | $2,090,000 |
| 465 Prospect Pl, Brooklyn | 9,556 | 05/29/2002 | |
| 440 A St Marks Ave, Brooklyn | 1,848 | 11/21/2005 | $777,500 |
| 438 St Marks Ave, Brooklyn | 1,848 | 08/21/1986 | |
| 475 Prospect Pl, Brooklyn | 8,884 | ||
| 469 Prospect Pl, Brooklyn | 8,884 | 04/30/2003 | |
| 451 Prospect Pl, Brooklyn | 8,884 | 06/18/2014 | $5,942,670 |
| 443 Prospect Pl, Brooklyn | 2,295 | 01/18/1996 | |
| 493 Prospect Pl, Brooklyn | 7,953 | 10/16/2013 | $1,810,000 |
| 706 Classon Ave, Brooklyn | 6,124 | 02/29/2012 | $1,000,000 |
| 452 St Marks Ave, Brooklyn | 6,054 | 05/29/2002 | |
| 479 Prospect Pl, Brooklyn | 8,884 | 08/13/2002 | |
| 497 Prospect Pl, Brooklyn | 8,097 | 09/20/2011 | $550,000 |
| 471 Prospect Pl, Brooklyn | 8,884 | 11/30/1988 | |
| 489 Prospect Pl, Brooklyn | 10,752 | 01/16/2026 | $2,600,000 |
