Kings  »  11217  »  Prospect Pl  »  126 Prospect Pl

126 Prospect Place, Brooklyn, NY 11217 - Property report

Also known as: 307 Flatbush Ave

Property image for 126 Prospect Place, Brooklyn, NY 11217
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Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Year built

1931

Lot sq. ft.

2,928

General information

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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
126 Prospect Place
Alternate address(es)
122-126 Prospect Pl
307-309 Flatbush Ave
ZIP code
11217
Neighborhood
Prospect Heights
Borough
Brooklyn
Block & lot
01157-0015

Owner

Find out who owns 126 Prospect Place, Brooklyn, NY 11217. Uncover corporate and individual owners with a free account.

Building
Property type
Walk-up Apartment - Over Six Families with Stores (C7)
Building sq. ft.
7,105
Building dimensions
30 ft x 45 ft
Buildings on lot
1
Stories
5
Year built
1931
Building material
Tax
Tax year
2026-2027
Property tax
$31,004
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
61 ft x 48.42 ft
Lot sq. ft.
2,928

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
13
Community district
8
Closest police station
0.16 Miles
Closest fire station
0.18 Miles

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

Ownership

Ownership information for 126 Prospect Place, Brooklyn, NY

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

Sales history for 126 Prospect Place, Brooklyn, NY 11217

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/13/2014 - R Initial UCC1
(2014030700345006)		 XXX XXXXXX XXX XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX
03/13/2014 - R UCC3 Termination
(2014030700345001)		 XXX XXXXXX XXX XXXXXX XXX
03/13/2014 - R
03/06/2014 - D		 Assignment of Leases and Rents
(2014030700345005)		 XXX XXXXXX XXX XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX
03/13/2014 - R
03/06/2014 - D		 Agreement
(2014030700345004)		 XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX XXX XXXXXX XXX
03/13/2014 - R
03/06/2014 - D		 Mortgage
(2014030700345003)		 XXX XXXXXX XXX XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX
03/13/2014 - R
02/18/2014 - D		 Assignment, Mortgage
(2014030700345002)		 XXXXXX XXX XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX
12/13/2010 - R
12/06/2010 - D		 Landmark Designation
(2010120601045001)		 XXXXXXXX XXXXXXX XXXXXXXX XXXXXXXX
01/14/2005 - R
01/03/2005 - D		 UCC3 Termination
(2005010300645002)		 XXX XXXXXX XXX XXXXX XXXX XXXX
01/14/2005 - R
01/03/2005 - D		 Initial UCC1
(2005010300645001)		 XXX XXXXXX XXX XXXXXX XXX
01/14/2005 - R
12/17/2004 - D		 Agreement
(2005010300343005)		 XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX XXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 126 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
$31,004
Municipal exemptions
Recent tax assessments
Market value
$3,114,000
Assessed value
$1,401,300

More about New York City property taxes

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 $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%
2020/21 $2,776,000 $1,249,200 $185,299 12.267% $22,731 $22,731 +6.22%
2019/20 $2,313,600 $1,041,120 $171,573 12.473% $21,400 $21,400 +6.68%
2018/19 $1,928,000 $867,600 $159,064 12.612% $20,061 $20,061 +6.95%
2017/18 $1,825,000 $821,250 $147,483 12.719% $18,758 $18,758 -1.34%
2016/17 $1,921,000 $864,450 $147,483 12.892% $19,014 $19,014 +3.21%
Permits

Permit information for 126 Prospect Place, Brooklyn, NY

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

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
11/08/2019 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Neighborhood

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
Flatbush Ave & Park Pl at SW Corner
Station lines
B-Q
Distance (miles)
0.074
View subway map

Access the detailed traffic volume map for 126 Prospect Place, Brooklyn, NY 11217 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

Neighbors for 126 Prospect Place, Brooklyn, NY

626 Carlton Ave, Brooklyn 323 Flatbush Ave, Brooklyn 335 Flatbush Ave, Brooklyn 618 Carlton Ave, Brooklyn 136 Prospect Pl, Brooklyn 329 Flatbush Ave, Brooklyn 624 Carlton Ave, Brooklyn 128 Prospect Pl, Brooklyn 319 Flatbush Ave, Brooklyn 325 Flatbush Ave, Brooklyn 331 Flatbush Ave, Brooklyn 333 Flatbush Ave, Brooklyn 134 Prospect Pl, Brooklyn 138 Prospect Pl, Brooklyn 140 Prospect Pl, Brooklyn 616 Carlton Ave, Brooklyn 337 Flatbush Ave, Brooklyn 622 Carlton Ave, Brooklyn 321 Flatbush Ave, Brooklyn 620 Carlton Ave, Brooklyn

Nearby ZIP codes for 126 Prospect Place, Brooklyn, NY

10002, New York City, NY 10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, New York City, NY 10038, New York City, NY 10271, New York City, NY 10278, New York City, NY 10279, New York City, NY 11201, New York City, NY 11205, New York City, NY 11206, New York City, NY 11215, New York City, NY 11216, New York City, NY 11218, New York City, NY 11225, New York City, NY 11226, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 126 Prospect Place, Brooklyn, NY 11217?

The development at 126 Prospect Place, Brooklyn, NY 11217 was built in 1931.

What is the market value of 126 Prospect Place, Brooklyn, NY 11217?

The current market value of 126 Prospect Place, Brooklyn, NY 11217 is $3,114,000.

What is the total square footage of 126 Prospect Place, Brooklyn, NY 11217?

126 Prospect Place, Brooklyn, NY 11217 has a total of 7,105 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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