Kings  »  11216  »  Prospect Pl  »  625 Prospect Pl

625 Prospect Place, Brooklyn, NY 11216 - Property report

Also known as: 625 Prospect Pl

Property image for 625 Prospect Place, Brooklyn, NY 11216
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Property type

Over Six Families without Stores (C1)

Year built

1905

Lot sq. ft.

3,275

Sale price

$1,425,000

General information

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Address
Primary address
625 Prospect Place
ZIP code
11216
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01224-0077

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
7,000
Building dimensions
25 ft x 70 ft
Buildings on lot
1
Stories
4
Year built
1905
Building material
Sales
Sale date
11/07/2019
Sale price
$1,425,000
Tax
Tax year
2026-2027
Property tax
$33,363
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
11
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 131 ft
Lot sq. ft.
3,275

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
94 /100.  Biker's Paradise
School district
17
Community district
8
Closest police station
0.81 Miles
Closest fire station
0.31 Miles

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

Ownership

Ownership information for 625 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 625 Prospect Place, Brooklyn, NY 11216

Sale date Sale price Buyer name Seller name
11/07/2019 $1,425,000 XXX XXXXXX XXX XXXXXXX, XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/19/2024 - R UCC3 Termination
(2024121900556001)		 XXX XXXXXX XXX XXXXXXXXX XXXXXXX XXXXXXX XXXX
12/26/2024 - R
12/12/2024 - D		 Agreement
(2024121900608004)		 XXXXXXXX XXXXX XXXX X X XXX XXXXXX XXX
12/26/2024 - R
12/12/2024 - D		 Mortgage
(2024121900608003)		 XXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
12/26/2024 - R
12/05/2024 - D		 Assignment, Mortgage
(2024121900608002)		 XXXXXXXXX XXXXXXX XXXXXXX XXXX XXXXXXXX XXXXX XXXX X X
12/26/2024 - R
12/05/2024 - D		 Termination of Assign of L&R
(2024121900608001)		 XXXXXXXXX XXXXXXX XXXXXXX XXXX XXX XXXXXX XXX
12/03/2024 - R UCC3 Continuation
(2024120300739001)		 XXX XXXXXX XXX XXXXXXXXX XXXXXXX XXXXXXX XXXX
12/18/2019 - R Initial UCC1
(2019112700676004)		 XXX XXXXXX XXX XXXXXXXXX XXXXXXX XXXXXXX XXXX
12/18/2019 - R
11/07/2019 - D		 Assignment of Leases and Rents
(2019112700676003)		 XXX XXXXXX XXX XXXXXXXXX XXXXXXX XXXXXXX XXXX
12/18/2019 - R
11/07/2019 - D		 Mortgage
(2019112700676002)		 XXX XXXXXX XXX XXXXXXXXX XXXXXXX XXXXXXX XXXX
12/18/2019 - R
11/07/2019 - D		 Deed
(2019112700676001)		 XXXXXXX XXXXXX XXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 625 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
$33,363
Municipal exemptions
Recent tax assessments
Market value
$667,000
Assessed value
$300,150

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 $621,000 $279,450 $252,180 12.439% $31,369 $31,369 +1.73%
2024/25 $598,000 $269,100 $246,690 12.5% $30,836 $30,836 +0.56%
2023/24 $583,000 $262,350 $245,270 12.502% $30,664 $30,664 +1.56%
2022/23 $548,000 $246,600 $246,120 12.267% $30,192 $30,192 +4.65%
2021/22 $524,000 $235,800 $235,800 12.235% $28,850 $28,850 -10.59%
2020/21 $605,000 $272,250 $263,050 12.267% $32,268 $32,268 -1.41%
2019/20 $711,000 $319,950 $262,410 12.473% $33,021 $32,730 +9.07%
2018/19 $652,000 $293,400 $237,940 12.612% $30,318 $30,009 +15.25%
2017/18 $598,000 $269,100 $204,720 12.719% $26,328 $26,038 +20.47%
2016/17 $582,000 $261,900 $167,650 12.892% $21,918 $21,613 +28.48%
Permits

Permit information for 625 Prospect Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/15/2024 Alteration
07/23/2024 Alteration
06/27/2024 Alteration
06/27/2024 Alteration
03/13/2024 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
11/14/2025 Lblvio-low pressure boiler boiler required
07/29/2024 P-plumbing none
01/03/2008 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

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
Franklin Ave & Park Pl at NW Corner
Station lines
FS
Distance (miles)
0.095
View subway map

Access the detailed traffic volume map for 625 Prospect Place, Brooklyn, NY 11216 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 625 Prospect Place, Brooklyn, NY

1403 Bedford Ave, Brooklyn 643 Prospect Pl, Brooklyn 647 Prospect Pl, Brooklyn 1409 Bedford Ave, Brooklyn 1401 Bedford Ave, Brooklyn 42 Rogers Ave, Brooklyn 46 Rogers Ave, Brooklyn 637 Prospect Pl, Brooklyn 1413 Bedford Ave, Brooklyn 629 Prospect Pl, Brooklyn 1411 Bedford Ave, Brooklyn 649 Prospect Pl, Brooklyn 1405 Bedford Ave, Brooklyn 48 Rogers Ave, Brooklyn 627 Prospect Pl, Brooklyn 631 Prospect Pl, Brooklyn 651 Prospect Pl, Brooklyn 635 Prospect Pl, Brooklyn

Nearby ZIP codes for 625 Prospect Place, Brooklyn, NY

10002, New York City, NY 11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11210, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11226, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 625 Prospect Place, Brooklyn, NY 11216?

The development at 625 Prospect Place, Brooklyn, NY 11216 was built in 1905.

What is the total square footage of 625 Prospect Place, Brooklyn, NY 11216?

625 Prospect Place, Brooklyn, NY 11216 has a total of 7,000 square feet.

When was 625 Prospect Place, Brooklyn, NY 11216 last sold and what was the sale price?

625 Prospect Place, Brooklyn, NY 11216 was last sold on 11/07/2019 for $1,425,000.

What is the assessed value of 625 Prospect Place, Brooklyn, NY 11216?

625 Prospect Place, Brooklyn, NY 11216 is currently assessed at $300,150.

What are the property taxes for 625 Prospect Place, Brooklyn, NY 11216?

The property taxes for 625 Prospect Place, Brooklyn, NY 11216 total $33,362.

How many residential units does this building have?

This building has 11 residential unit(s).

Disclaimer

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