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126 Prospect Place, Brooklyn, NY Property Information

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

126 Prospect Place, Brooklyn, NY Property Information

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

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Address

Primary address	126 Prospect Place
Secondary address	307 Flatbush Ave
Neighborhood	Prospect Heights

Zip code	11217
Borough	Brooklyn
Block & lot	01157-0015

Sales & Tax Overview for 126 Prospect Place, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class	Register

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	Register

Zoning & Use for 126 Prospect Place, Brooklyn

Zoning	Register
Residential units (DOF)	8
Regulatory status	Rent stabilized
Stabilized units	5
Commercial units	1

Residential sqft	Register
Retail sqft	Register

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, 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, 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 Flatbush Ave, Brooklyn, NY 11217
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 have?

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

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

126 Prospect Place, Brooklyn, NY was built in 1931 and has a current tax assessor's market value of $3,114,000.

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

Find out who owns 126 Prospect Place, Brooklyn, NY.
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Building contacts for 126 Prospect Place, Brooklyn, NY

Building management:	Register
Representatives (from permits):	Register
Tenants:	Register

Commercial Real Estate nearby

Real Estate Reports:

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New York City’s office market continued to lead the U.S. in Q2, but internal shifts were most visible in the flex office market. Brooklyn’s coworking inventory grew 6.2% Q-o-Q even as Manhattan’s supply retreated. At the same time, Brooklyn’s asking rents for traditional office leases climbed more than twice as fast as the national average.

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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)
03/13/2014 - R 03/06/2014 - D	Assignment of Leases and Rents (2014030700345005)
03/13/2014 - R 03/06/2014 - D	Agreement (2014030700345004)
03/13/2014 - R 03/06/2014 - D	Mortgage (2014030700345003)
03/13/2014 - R 02/18/2014 - D	Assignment, Mortgage (2014030700345002)
12/13/2010 - R 12/06/2010 - D	Landmark Designation (2010120601045001)
01/14/2005 - R 01/03/2005 - D	UCC3 Termination (2005010300645002)
01/14/2005 - R 01/03/2005 - D	Initial UCC1 (2005010300645001)
01/14/2005 - R 12/17/2004 - D	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. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year:	2026-2027
Property tax:	$31,004

Tax assessor's market value:	$3,114,000
Assessed value:	$1,401,300

More about New York City Property Taxes

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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More about New York City Property Records

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

$444

-15% YoY

Median Price/Sqft Q4/2025

$523

9.6% YoY

Median Price/Sqft 2025

$523

5.9% 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

Neighbors for 126 Prospect Place, Brooklyn

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

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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