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126 Prospect Place, Brooklyn, NY 11217 Property Information

Also known as: 307 Flatbush Ave, Brooklyn, NY 11217

126 Prospect Place, Brooklyn, NY 11217 Property Information

Also known as: 307 Flatbush Ave, Brooklyn, NY 11217

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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126 Prospect Place, Brooklyn, NY 11217 1
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Address

Primary address 126 Prospect Place
Secondary address 307-309 Flatbush Ave
Neighborhood Prospect Heights
Zip code 11217
Borough Brooklyn
Block & lot 01157-0015

Sales & Tax Overview for 126 Prospect Place, Brooklyn

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Tax class
Estimated property tax $31,003

Lot & Building Information for 126 Prospect Place, Brooklyn

Lot sq. ft. 2,928
Lot dimensions 61 ft x 48.42 ft
Property type Walk-up Apartment - Over Six Families with Stores (C7)
Building sqft 7,105
Building dimensions 30 ft x 45 ft
Buildings on lot 1
Stories 5
Year built 1931
Construction type
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Zoning & Use for 126 Prospect Place, Brooklyn

Zoning
Residential units (DOF) 8
Regulated units
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 13
Community district 8
Closest police station 0.16 Miles
Closest fire station 0.18 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 126 Prospect Place, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 126 Prospect Place, Brooklyn, NY 11217, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 126 Prospect Place, Brooklyn, NY 11217, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 307-309 Flatbush Ave, Brooklyn, NY 11217
  • 122-126 Prospect Pl, Brooklyn, NY 11217

About 126 Prospect Place, Brooklyn

How many square feet does 126 Prospect Place, Brooklyn, NY 11217 have?

This Walk-up Apartment - Over Six Families with Stores (C7) located at 126 Prospect Place, Brooklyn, NY 11217 has a total of 7,105 square feet.

What is the year built & the current market value of 126 Prospect Place, Brooklyn, NY 11217?

126 Prospect Place, Brooklyn, NY 11217 was built in 1931 and has a current tax assessor's market value of $3,242,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 126 Prospect Place, Brooklyn

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Property owner name for 126 Prospect Place, Brooklyn, NY 11217
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Building contacts for 126 Prospect Place, Brooklyn, NY 11217
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 126 Prospect Place, Brooklyn

Create a free account to view the complete sales history for 126 Prospect Place, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 126 Prospect Place, Brooklyn

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.

Date Type Amount Party 1 Party 2 Doc image
03/13/2014 - R Initial UCC1
(2014030700345006)
03/13/2014 - R UCC3 Termination
(2014030700345001)
03/06/2014 - D
03/13/2014 - R
Assignment of Leases and Rents
(2014030700345005)
03/06/2014 - D
03/13/2014 - R
Agreement
(2014030700345004)
03/06/2014 - D
03/13/2014 - R
Mortgage
(2014030700345003)
02/18/2014 - D
03/13/2014 - R
Assignment, Mortgage
(2014030700345002)
12/06/2010 - D
12/13/2010 - R
Landmark Designation
(2010120601045001)
01/03/2005 - D
01/14/2005 - R
UCC3 Termination
(2005010300645002)
01/03/2005 - D
01/14/2005 - R
Initial UCC1
(2005010300645001)
12/17/2004 - D
01/14/2005 - R
Agreement
(2005010300343005)
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R: Recorded date
D: Document date

Property Taxes for 126 Prospect Place, Brooklyn

Access detailed property tax data for 126 Prospect Place, Brooklyn, NY 11217. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $29,964
Estimated property tax: $31,003
Tax assessor's market value: $3,242,000
Assessed value: $1,458,900

Assessment History for 126 Prospect Place, Brooklyn

Here's the assessment & property tax history for 126 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 $3,242,000 $1,458,900 $240,889 12.439% $29,964 $29,964 +7.47%
2024/25 $4,052,400 $1,823,580 $223,045 12.5% $27,881 $27,881 +7.85%
2023/24 $3,377,000 $1,519,650 $206,783 12.502% $25,852 $25,852 +9.92%
2022/23 $3,318,000 $1,493,100 $191,728 12.267% $23,519 $23,519 +0.26%
2021/22 $2,654,000 $1,194,300 $191,728 12.235% $23,458 $23,458 +3.20%

Permits for 126 Prospect Place, Brooklyn

The complete history of permits filed for 126 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.

Filing date Job type Job status Job description Initial cost
05/02/2023 Alteration
04/27/2023 Alteration
01/02/2023 Alteration
06/02/2022 Alteration
06/02/2022 Alteration
04/21/2022 Alteration
07/19/2021 Alteration
03/30/2016 Alteration type 3
06/24/2014 Alteration type 3
12/13/2013 Alteration type 3
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Brooklyn Commercial Market Stats

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.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Flatbush Ave & Park Pl at SW Corner
Station lines B-Q
Distance (miles) 0.074
View subway map
Bus Routes
Name 7 Av/Flatbush Av
Line B67
Distance (miles) 0.043

Neighbors for 126 Prospect Place, Brooklyn

Here are the neighbors for 126 Prospect Place, Brooklyn, NY 11217.

Address Square feet Purchase date Purchase price
626 Carlton Ave, Brooklyn 2,736 08/14/2013
323 Flatbush Ave, Brooklyn 3,519 01/31/2020
335 Flatbush Ave, Brooklyn 2,400 11/30/2011
618 Carlton Ave, Brooklyn 3,150 06/12/1984
136 Prospect Pl, Brooklyn 4,990 01/30/2013
329 Flatbush Ave, Brooklyn 3,625 01/07/2003 $650,000
624 Carlton Ave, Brooklyn 3,672 09/04/1987
128 Prospect Pl, Brooklyn 5,065 03/25/2002
319 Flatbush Ave, Brooklyn 5,625 10/18/2007
325 Flatbush Ave, Brooklyn 3,519 10/03/1989
331 Flatbush Ave, Brooklyn 3,375 03/14/1991
333 Flatbush Ave, Brooklyn 3,375 05/28/1986
134 Prospect Pl, Brooklyn 4,800 11/11/2011
138 Prospect Pl, Brooklyn 3,520 06/26/2013 $1,840,000
140 Prospect Pl, Brooklyn 3,520
616 Carlton Ave, Brooklyn 3,132 10/25/2017
337 Flatbush Ave, Brooklyn 4,375 04/25/2022
622 Carlton Ave, Brooklyn 3,600 12/02/1977
321 Flatbush Ave, Brooklyn 5,625 01/01/2007
620 Carlton Ave, Brooklyn 2,736 10/25/2017
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