Kings  »  11238  »  Prospect Pl  »  591 Prospect Pl

591 Prospect Place, Brooklyn, NY 11238 - Property report

Also known as: 591 Prospect Pl

Property image for 591 Prospect Place, Brooklyn, NY 11238
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1931

Lot sq. ft.

5,800

Sale price

$2,475,000

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
591 Prospect Place
ZIP code
11238
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01156-0064

Owner

Find out who owns 591 Prospect Place, Brooklyn, NY 11238. Uncover corporate and individual owners with a free account.

Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
13,480
Building dimensions
48.3 ft x 96 ft
Buildings on lot
1
Stories
4
Year built
1931
Building material
Sales
Sale date
05/22/2003
Sale price
$2,475,000 - M
Tax
Tax year
2026-2027
Property tax
$59,379
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
20
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
48.33 ft x 120 ft
Lot sq. ft.
5,800

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
95 /100.  Biker's Paradise
School district
17
Community district
8
Closest police station
0.86 Miles
Closest fire station
0.25 Miles

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

Ownership information for 591 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

Sales history for 591 Prospect Place, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
05/22/2003 $2,475,000 XXXXXX, XXX 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
05/23/2023 - R UCC3 Continuation
(2023052300246001)
XXXXXX XXX XXXXXXXX XXXX X X (
08/02/2018 - R UCC3 Termination
(2018080200832007)
XXXXXX XXX XXXX XXXX
08/02/2018 - R Initial UCC1
(2018080200832006)
XXXXXX XXX XXXXXXXXX XXXX
08/02/2018 - R
07/31/2018 - D
Agreement
(2018080200832005)
XXXXXX XXX XXXXXXXXX XXXX
08/02/2018 - R
07/31/2018 - D
Assignment of Leases and Rents
(2018080200832004)
XXXXXX XXX XXXXXXXXX XXXX
08/02/2018 - R
07/31/2018 - D
Mortgage
(2018080200832003)
XXXXXX XXX XXXXXXXXX XXXX
08/02/2018 - R
07/31/2018 - D
Termination of Assign of L&R
(2018080200832002)
XXXX XXXX XXXXXXXXXXXXX XXXXXXXX XXXX
08/02/2018 - R
07/10/2018 - D
Assignment, Mortgage
(2018080200832001)
XXXX XXXX XXXXXXXXX XXXX
01/19/2018 - R UCC3 Assignment
(2018011800503003)
XXXXXX XXX XXXXX XXXXXXXX XXXX XX XXX XXXX
01/19/2018 - R
12/27/2017 - D
Asgn of Asgn of L&R
(2018011800503002)
XXXXX XXXXXXXX XXXX XX XXX XXXX XXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 591 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
$59,379
Municipal exemptions
Recent tax assessments
Market value
$1,449,000
Assessed value
$652,050

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 $1,049,000 $472,050 $432,090 12.439% $53,748 $53,748 +24.42%
2024/25 $768,000 $345,600 $345,600 12.5% $43,200 $43,200 -11.53%
2023/24 $868,000 $390,600 $390,600 12.502% $48,833 $48,833 -24.39%
2022/23 $1,170,000 $526,500 $526,500 12.267% $64,586 $64,586 +24.00%
2021/22 $946,000 $425,700 $425,700 12.235% $52,084 $52,084 -21.69%
2020/21 $1,329,000 $598,050 $542,180 12.267% $66,509 $66,509 +3.99%
2019/20 $1,274,000 $573,300 $512,750 12.473% $63,955 $63,955 +4.35%
2018/19 $1,230,000 $553,500 $485,950 12.612% $61,288 $61,288 +7.98%
2017/18 $1,139,000 $512,550 $446,260 12.719% $56,760 $56,760 +7.28%
2016/17 $1,174,000 $528,300 $410,400 12.892% $52,909 $52,909 +14.19%

Permit information for 591 Prospect Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/17/1991 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/01/2009 Ll6291-local law 62/91 - boilers
01/03/2008 Ll6291-local law 62/91 - boilers
01/06/2006 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Franklin Ave & Park Pl at NW Corner
Station lines
FS
Distance (miles)
0.037

Access the detailed traffic volume map for 591 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

Frequently asked questions

What is the year built for 591 Prospect Place, Brooklyn, NY 11238?

The development at 591 Prospect Place, Brooklyn, NY 11238 was built in 1931.

What is the total square footage of 591 Prospect Place, Brooklyn, NY 11238?

591 Prospect Place, Brooklyn, NY 11238 has a total of 13,480 square feet.

When was 591 Prospect Place, Brooklyn, NY 11238 last sold and what was the sale price?

591 Prospect Place, Brooklyn, NY 11238 was last sold on 05/22/2003 for $2,475,000.

What is the assessed value of 591 Prospect Place, Brooklyn, NY 11238?

591 Prospect Place, Brooklyn, NY 11238 is currently assessed at $652,050.

What are the property taxes for 591 Prospect Place, Brooklyn, NY 11238?

The property taxes for 591 Prospect Place, Brooklyn, NY 11238 total $59,378.

How many residential units does this building have?

This building has 20 residential unit(s).

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account