New York City  »  11238  »  Prospect Pl  »  572 Prospect Pl

572 Prospect Place, Brooklyn, NY 11238 Property Information

572 Prospect Place, Brooklyn, NY 11238 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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572 Prospect Place, Brooklyn, NY 11238 1
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Address

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

Sales & Tax Overview for 572 Prospect Place, Brooklyn

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

Purchase date 11/20/2015
Purchase price $8,220,000
Tax class

Lot & Building Information for 572 Prospect Place, Brooklyn

Lot sqft 5,797
Lot dimensions 44.25 ft x 131 ft
Building class Over Six Families without Stores (C1) i
Building sqft 14,984
Building dimensions 44.25 ft x 100.33 ft
Buildings on lot 1
Stories 4
Year built 1931
Year last altered 1996
Construction type
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Zoning & Use for 572 Prospect Place, Brooklyn

Zoning
Residential units (DOF) 20
Regulated units
Residential sqft

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

Other Property Data for 572 Prospect Place, Brooklyn

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Floor area ratio (FAR) for 572 Prospect Place, Brooklyn, NY 11238, 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 572 Prospect Place, Brooklyn, NY 11238, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 572 Prospect Place, Brooklyn

What is the year built & the total sq. ft. for 572 Prospect Place, Brooklyn, NY 11238?

572 Prospect Place, Brooklyn, NY 11238 was built in 1931 and has a total of 14,984 square feet.

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

The assessed market value for the current tax year is $676,800.

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

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

How many residential units does this building have?

This building has 20 residential unit(s).

Ownership Information for 572 Prospect Place, Brooklyn

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Property owner name for 572 Prospect Place, Brooklyn, NY 11238
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Building contacts for 572 Prospect Place, Brooklyn, NY 11238
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 572 Prospect Place, Brooklyn

Create a free account to view the complete sales history for 572 Prospect Place, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
11/20/2015 $8,220,000

Title Documents for 572 Prospect Place, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
12/09/2024 - R Initial UCC1
(2024120500264002)
10/24/2024 - D
12/16/2024 - R		 Sundry Agreement
(2024121000394001)
10/22/2024 - D
12/09/2024 - R		 Mortgage
(2024120500264001)
03/05/2024 - D
03/06/2024 - R		 Sundry Agreement
(2024030500268001)
05/17/2021 - R Initial UCC1
(2021050700572018)
05/17/2021 - R Initial UCC1
(2021050700572017)
05/17/2021 - R Initial UCC1
(2021050700572016)
03/31/2021 - D
05/17/2021 - R		 Sundry Miscellaneous
(2021050700572015)
03/31/2021 - D
05/17/2021 - R		 Sundry Agreement
(2021050700572014)
03/31/2021 - D
05/17/2021 - R		 Agreement
(2021050700572013)
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R: Recorded date
D: Document date

Property Taxes for 572 Prospect Place, Brooklyn

Access detailed property tax data for 572 Prospect Place, Brooklyn, NY 11238. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $0
Tax assessor's market value: $1,504,000
Assessed value: $676,800
Exemptions granted by city:

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Assessment History for 572 Prospect Place, Brooklyn

Here's the assessment & property tax history for 572 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 $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
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Permits for 572 Prospect Place, Brooklyn

The complete history of permits filed for 572 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
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
09/21/2017 Alteration type 2
09/07/2017 Alteration type 3
10/22/2015 Alteration type 2
04/25/1997 Alteration type 1
07/19/1996 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 Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

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Risk

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

Transportation

Distance to Subway
Closest station Franklin Ave & Park Pl at NW Corner
Station lines FS
Distance (miles) 0.014
View subway map
Bus Routes
Name Franklin Av/Prospect Pl
Line B48
Distance (miles) 0.067

Neighbors for 572 Prospect Place, Brooklyn

Here are the neighbors for 572 Prospect Place, Brooklyn, NY 11238.

Address Square feet Purchase date Purchase price
586 Prospect Pl, Brooklyn 13,948 07/29/1987
592 Prospect Pl, Brooklyn 13,948 07/29/1987
560 Prospect Pl, Brooklyn 14,984 06/27/2011
550 Prospect Pl, Brooklyn 46,359 06/27/2018 $6,000,000
631 Park Pl, Brooklyn 6,432 06/17/1991
493 Park Pl, Brooklyn 4,860
688 Franklin Ave, Brooklyn 3,000 01/09/2008 $600,000
690 Franklin Ave, Brooklyn 3,000 05/20/2002
455 Park Pl, Brooklyn 8,360 01/25/2023
633 Park Pl, Brooklyn 6,432 06/14/1991
694 Franklin Ave, Brooklyn 4,000 05/31/2011 $432,500
491 Park Pl, Brooklyn 4,840
528 Classon Ave, Brooklyn 2,400 11/15/2001
635 Park Pl, Brooklyn 6,432 10/04/2001
612 Prospect Pl, Brooklyn 2,199 08/20/2008 $553,000
637 Park Pl, Brooklyn 12,600 06/30/2017 $3,475,528
566 Prospect Pl, Brooklyn 14,984 04/04/1989
528 Prospect Pl, Brooklyn 30,000 06/19/2014 $10
520 Prospect Pl, Brooklyn 118,230 03/14/2022
722 Classon Ave, Brooklyn 2,277 01/21/2009 $535,000
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