Kings  »  11238  »  Prospect Pl  »  572 Prospect Pl

572 Prospect Place, Brooklyn, NY 11238 - Property report

Also known as: 572 Prospect Pl

Property image for 572 Prospect Place, Brooklyn, NY 11238
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Property type

Over Six Families without Stores (C1)

Year built

1931

Lot sq. ft.

5,797

Sale price

$8,220,000

General information

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Address
Primary address
572 Prospect Place
ZIP code
11238
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01163-0035

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
14,984
Building dimensions
44.25 ft x 100.33 ft
Buildings on lot
1
Stories
4
Year built
1931
Last altered
1996
Building material
Sales
Sale date
11/20/2015
Sale price
$8,220,000 - M
Tax
Tax year
2026-2027
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
44.25 ft x 131 ft
Lot sq. ft.
5,797

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
0.20 Miles

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

Ownership

Ownership information for 572 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 572 Prospect Place, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
11/20/2015 $8,220,000 XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXX XXXX XXXXXXXX XXXXXXXXXXX X X. XXXXXXXX XXXXXX XXXXXXX X X.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/09/2024 - R Initial UCC1
(2024120500264002)		 XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXX XXXX XXXXX XXXXXXX XXXXXXX XXXXXX
12/16/2024 - R
10/24/2024 - D		 Sundry Agreement
(2024121000394001)		 XXX XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXX XXXXX XXXX X X
12/09/2024 - R
10/22/2024 - D		 Mortgage
(2024120500264001)		 XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXX XXXX XXXXX XXXXXXX XXXXXXX XXXXXX
03/06/2024 - R
03/05/2024 - D		 Sundry Agreement
(2024030500268001)		 XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXXX XX XXXXXXX XXXXXXXXXXXX XXX XXXXXXX
05/17/2021 - R Initial UCC1
(2021050700572018)		 XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXX XXXX XXXXX XXXXXXX XXXXXXX XXXXXX
05/17/2021 - R Initial UCC1
(2021050700572017)		 XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXX XXXX XXXXX XXXXXXX XXXXXXX XXXXXX
05/17/2021 - R Initial UCC1
(2021050700572016)		 XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXX XXXX XX XXX XXXX XXXXXXXXXX XX XXXXXXX
05/17/2021 - R
03/31/2021 - D		 Sundry Miscellaneous
(2021050700572015)		 XXXXXXXX XXXXX XXXX X X
05/17/2021 - R
03/31/2021 - D		 Sundry Agreement
(2021050700572014)		 XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXX XXXX XX XXX XXXX XX XXXXXXX XXX XXXXXXXXXX
05/17/2021 - R
03/31/2021 - D		 Agreement
(2021050700572013)		 XXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 572 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
Municipal exemptions
Recent tax assessments
Market value
$1,621,000
Assessed value
$729,450

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 $1,504,000 $676,800 $0 12.439% $70,473 $0 n/a
2024/25 $1,362,000 $612,900 $0 12.5% $64,890 $0 n/a
2023/24 $1,331,000 $598,950 $0 12.502% $59,500 $0 n/a
2022/23 $1,169,000 $526,050 $0 12.267% $52,519 $0 n/a
2021/22 $929,000 $418,050 $0 12.235% $47,272 $0 n/a
2020/21 $977,000 $439,650 $0 12.267% $43,940 $0 n/a
2019/20 $882,000 $396,900 $0 12.473% $40,031 $0 n/a
2018/19 $800,000 $360,000 $0 12.612% $36,016 $0 n/a
2017/18 $705,000 $317,250 $0 12.719% $31,640 $0 n/a
2016/17 $616,000 $277,200 $136,800 12.892% $27,847 $17,636 +8.26%
Permits

Permit information for 572 Prospect Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/19/2023 Alteration
02/15/2022 Alteration type 2
03/30/2021 Alteration
03/26/2019 Alteration type 2
01/23/2019 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
10/01/2019 Rwnrf-retaining wall none
08/29/1995 Ll6291-local law 62/91 - boilers

*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

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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)
0.014
View subway map

Access the detailed traffic volume map for 572 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

Neighbors for 572 Prospect Place, Brooklyn, NY

586 Prospect Pl, Brooklyn 592 Prospect Pl, Brooklyn 560 Prospect Pl, Brooklyn 550 Prospect Pl, Brooklyn 631 Park Pl, Brooklyn 493 Park Pl, Brooklyn 688 Franklin Ave, Brooklyn 690 Franklin Ave, Brooklyn 455 Park Pl, Brooklyn 633 Park Pl, Brooklyn 694 Franklin Ave, Brooklyn 491 Park Pl, Brooklyn 528 Classon Ave, Brooklyn 635 Park Pl, Brooklyn 612 Prospect Pl, Brooklyn 637 Park Pl, Brooklyn 566 Prospect Pl, Brooklyn 528 Prospect Pl, Brooklyn 520 Prospect Pl, Brooklyn 722 Classon Ave, Brooklyn

Nearby ZIP codes for 572 Prospect Place, Brooklyn, NY

10002, New York City, NY 10038, New York City, NY 11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11225, New York City, NY 11226, New York City, NY 11231, New York City, NY 11232, New York City, NY 11233, New York City, NY 11237, New York City, NY

Frequently asked questions

What is the year built for 572 Prospect Place, Brooklyn, NY 11238?

The development at 572 Prospect Place, Brooklyn, NY 11238 was built in 1931.

What is the total square footage of 572 Prospect Place, Brooklyn, NY 11238?

572 Prospect Place, Brooklyn, NY 11238 has a total of 14,984 square feet.

When was 572 Prospect Place, Brooklyn, NY 11238 last sold and what was the sale price?

572 Prospect Place, Brooklyn, NY 11238 was last sold on 11/20/2015 for $8,220,000.

What is the assessed value of 572 Prospect Place, Brooklyn, NY 11238?

572 Prospect Place, Brooklyn, NY 11238 is currently assessed at $729,450.

How many residential units does this building have?

This building has 20 residential unit(s).

Disclaimer

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