New York City » 11216 » Prospect Pl » 697 Prospect Pl

697 Prospect Place, Brooklyn, NY 11216 - Property report

Also known as: 1417-1421 Bedford Ave

Property image for 697 Prospect Place, Brooklyn, NY 11216

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1910

Lot sq. ft.

1,325

Sale price

$825,000

General information

Address

Primary address

697 Prospect Place

Alternate address(es)

1417-1421 Bedford Ave
695-697 Prospect Pl

ZIP code

11216

Neighborhood

Crown Heights

Borough

Brooklyn

Block & lot

01225-0028

Building

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Building sq. ft.

5,208

Building dimensions

28.08 ft x 62 ft

Buildings on lot

Stories

Year built

1910

Last altered

2013

Building material

Sales

Sale date

05/22/2013

Sale price

$825,000

Tax

Tax year

2026-2027

Property tax

$9,426

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

28.08 ft x 62.92 ft

Lot sq. ft.

1,325

Area overview

Walk score

88 /100. Very Walkable

Transit score

100 /100. Rider's Paradise

Bike score

94 /100. Biker's Paradise

School district

Community district

Closest police station

0.73 Miles

Closest fire station

0.42 Miles

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

Ownership

Ownership information for 697 Prospect Place, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 697 Prospect Place, Brooklyn, NY 11216

Sale date	Sale price	Buyer name	Seller name
05/22/2013	$825,000	XXX XXXXXXXX XX XXX	XXXXXXX, XXXXXXX X
04/28/2006	$650,000	XXXXXXX, XXXXXXX X	XXXXX, XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/01/2024 - R 01/29/2024 - D	Termination of Agreement (2024032900331001)	XXX XXXXXX XXX	XX XXXXXXXX XX XXX
05/10/2023 - R 05/05/2023 - D	Sundry Miscellaneous (2023050900835001)	XXXX XXXXX XXXXXXX XXX
06/08/2021 - R 07/10/2020 - D	Sundry Miscellaneous (2021060200153001)	XXX XXXXXX XXX
03/31/2020 - R 03/05/2020 - D	Memorandum of Contract (2020033000311001)	XXX XXXXXX XXX	XX XXXXXXXX XX XXX
05/25/2018 - R	UCC3 Amendment (2018051800181005)	XXX XXXXXXXX XX XXX	XXX XXXXXXX XXXXXX XXXXXXXX XXXX XX XXXXXXXXX
05/25/2018 - R 05/15/2018 - D	Termination of Assign of L&R (2018051800181006)	XXXXXXX XXXXXX XXXX	XXX XXXXXXXX XX XXX
05/25/2018 - R 05/15/2018 - D	Assignment of Leases and Rents (2018051800181004)	XXX XXXXXXXX XXXXXX XXX	XXX XXXX XX XXXXXXXXX
05/25/2018 - R 05/15/2018 - D	Agreement (2018051800181003)	XXX XXXXXXXX XXXXXX XXX	XXX XXXX XX XXXXXXXXX
05/25/2018 - R 05/15/2018 - D	Mortgage (2018051800181002)	XXX XXXXXXXX XXXXXX XXX	XXX XXXX XX XXXXXXXXX
05/25/2018 - R 05/15/2018 - D	Assignment, Mortgage (2018051800181001)	XXXXXXX XXXXXX XXXX	XXX XXXX XX XXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 697 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

$9,426

Municipal exemptions

Recent tax assessments

Market value

$1,556,000

Assessed value

$700,200

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	$1,301,000	$585,450	$70,163	12.439%	$8,728	$8,728	+7.47%
2024/25	$1,168,000	$525,600	$64,966	12.5%	$8,121	$8,121	+1.51%
2023/24	$1,084,000	$487,800	$63,987	12.502%	$8,000	$8,000	+5.63%
2022/23	$1,096,000	$493,200	$61,738	12.267%	$7,573	$7,573	+6.19%
2021/22	$928,000	$417,600	$58,290	12.235%	$7,132	$7,132	+7.72%
2020/21	$901,000	$405,450	$53,972	12.267%	$6,621	$6,621	+6.22%
2019/20	$751,200	$338,040	$49,974	12.473%	$6,233	$6,233	+0.41%
2018/19	$626,000	$281,700	$49,221	12.612%	$6,208	$6,208	+2.77%
2017/18	$558,000	$251,100	$47,491	12.719%	$6,040	$6,040	+5.20%
2016/17	$840,000	$378,000	$44,538	12.892%	$5,742	$5,742	+0.07%

Permits

Permit information for 697 Prospect Place, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
12/15/2014	Sign
09/18/2014	Alteration type 2
11/15/2013	Alteration type 3
08/13/2013	Alteration type 2
07/30/2013	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
	09/25/2013	Aeuhaz1-fail to certify class 1
	02/07/2000	Ll6291-local law 62/91 - boilers
	03/16/1999	Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Franklin Ave & Park Pl at NW Corner

Station lines

Distance (miles)

0.221

View subway map

Access the detailed traffic volume map for 697 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 697 Prospect Place, Brooklyn, NY

58 Rogers Ave, Brooklyn 56 Rogers Ave, Brooklyn 638 St Marks Ave, Brooklyn 646 St Marks Ave, Brooklyn 66 Rogers Ave, Brooklyn 60 Rogers Ave, Brooklyn 648 St Marks Ave, Brooklyn 650 St Marks Ave, Brooklyn 62 Rogers Ave, Brooklyn 54 Rogers Ave, Brooklyn 81 A Rogers Ave, Brooklyn 79 Rogers Ave, Brooklyn 644 St Marks Ave, Brooklyn 701 Prospect Pl, Brooklyn 636 St Marks Ave, Brooklyn 64 Rogers Ave, Brooklyn 640 St Marks Ave, Brooklyn 642 St Marks Ave, Brooklyn

Frequently asked questions

What is the year built for 697 Prospect Place, Brooklyn, NY 11216?

The development at 697 Prospect Place, Brooklyn, NY 11216 was built in 1910.

What is the market value of 697 Prospect Place, Brooklyn, NY 11216?

The current market value of 697 Prospect Place, Brooklyn, NY 11216 is $1,556,000.

What is the total square footage of 697 Prospect Place, Brooklyn, NY 11216?

697 Prospect Place, Brooklyn, NY 11216 has a total of 5,208 square feet.

What is the price per square foot for this property?

$158 per square foot is the price for 697 Prospect Place, Brooklyn, NY 11216.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.