Kings  »  11213  »  Prospect Pl  »  925 Prospect Pl

Prospect Palace - 925 Prospect Place, Brooklyn, NY 11213 - Property report

Also known as: 907-933 Prospect Pl

Property image for Prospect Palace - 925 Prospect Place, Brooklyn, NY 11213
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Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1900

Lot sq. ft.

20,117

Sale price

$12,725,000

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
Building name
Prospect Palace
Primary address
Prospect Palace - 925 Prospect Place
Alternate address(es)
907-933 Prospect Pl
ZIP code
11213
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01228-0060

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
86,804
Building dimensions
200 ft x 87 ft
Buildings on lot
1
Stories
6
Year built
1900
Building material
Sales
Sale date
02/11/2020
Sale price
$12,725,000
Tax
Tax year
2026-2027
Property tax
$304,785
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
82
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
200 ft x 100.58 ft
Lot sq. ft.
20,117

Area overview

Walk score
91 /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
0.65 Miles
Closest fire station
0.55 Miles

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

Ownership

Ownership information for Prospect Palace - 925 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 Prospect Palace - 925 Prospect Place, Brooklyn, NY 11213

Sale date Sale price Buyer name Seller name
02/11/2020 $12,725,000 XXX XXXXXXXX XXXXX XXX XXXXXXXX XXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/29/2025 - R
07/10/2025 - D		 Agreement
(2025072200433003)		 XXX XXXXXXXX XXXXX XXX XXXXXXXX XXXXX XXXX X X
07/29/2025 - R
07/01/2025 - D		 Assignment, Mortgage
(2025072200433002)		 XXXXXXXX XXXX X X XXXXXXXX XXXXX XXXX X X
07/29/2025 - R
07/01/2025 - D		 Termination of Assign of L&R
(2025072200433001)		 XXXXXXXX XXXX X X XXX XXXXXXXX XXXXX XXX
07/30/2025 - R
06/10/2025 - D		 Memorandum of Lease
(2025071100040001)		 XXX XXXXXXXX XXXXX XXX XXX XXXX XXXX XXXXXXX XXXXXXXXXXX
04/28/2021 - R
04/21/2021 - D		 Landmark Designation
(2021042100756001)		 XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX
02/20/2020 - R Initial UCC1
(2020021800500006)		 XXX XXXXXXXX XXXXX XXX XXX XXXX XXXXXXXXX XXXX
02/20/2020 - R
02/11/2020 - D		 Assignment of Leases and Rents
(2020021800500005)		 XXX XXXXXXXX XXXXX XXX XXX XXXX XXXXXXXXX XXXX
02/20/2020 - R
02/11/2020 - D		 Agreement
(2020021800500004)		 XXX XXXXXXXX XXXXX XXX XXX XXXX XXXXXXXXX XXXX
02/20/2020 - R
02/11/2020 - D		 Assignment, Mortgage
(2020021800500003)		 XXXXXXXX XXXXX XXXX X X XXX XXXX XXXXXXXXX XXXX
02/20/2020 - R
02/11/2020 - D		 Mortgage
(2020021800500002)		 XXX XXXXXXXX XXXXX XXX XXX XXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Prospect Palace - 925 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
$304,785
Municipal exemptions
Recent tax assessments
Market value
$6,143,000
Assessed value
$2,764,350

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 $5,901,000 $2,655,450 $2,318,140 12.439% $288,353 $288,353 +3.76%
2024/25 $5,369,000 $2,416,050 $2,231,200 12.5% $278,900 $277,907 +1.36%
2023/24 $5,541,000 $2,493,450 $2,202,930 12.502% $275,410 $274,169 +5.85%
2022/23 $5,007,000 $2,253,150 $2,121,660 12.267% $260,264 $259,023 +8.24%
2021/22 $4,369,000 $1,966,050 $1,966,050 12.235% $240,546 $239,305 -3.35%
2020/21 $4,935,000 $2,220,750 $2,018,520 12.267% $247,612 $247,612 +5.56%
2019/20 $4,625,000 $2,081,250 $1,880,550 12.473% $234,561 $234,561 +10.20%
2018/19 $4,638,000 $2,087,100 $1,687,680 12.612% $212,850 $212,850 +9.63%
2017/18 $4,281,000 $1,926,450 $1,526,490 12.719% $194,154 $194,154 +14.58%
2016/17 $3,949,000 $1,777,050 $1,314,360 12.892% $169,447 $169,447 +17.82%
Permits

Permit information for Prospect Palace - 925 Prospect Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
01/07/2026 Alteration
01/07/2026 Alteration
01/07/2026 Alteration
12/09/2025 Alteration
09/05/2025 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
06/20/2023 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
Nostrand Ave & Eastern Pkwy at SE Corner
Station lines
3
Distance (miles)
0.391
View subway map

Access the detailed traffic volume map for Prospect Palace - 925 Prospect Place, Brooklyn, NY 11213 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 Prospect Palace - 925 Prospect Place, Brooklyn, NY

900 St Marks Ave, Brooklyn 175 Kingston Ave, Brooklyn 173 Kingston Ave, Brooklyn 922 St Marks Ave, Brooklyn 951 Prospect Pl, Brooklyn 943 Prospect Pl, Brooklyn 947 Prospect Pl, Brooklyn 145 Brooklyn Ave, Brooklyn 163 Kingston Ave, Brooklyn 195 Brooklyn Ave, Brooklyn 171 Kingston Ave, Brooklyn 945 Prospect Pl, Brooklyn 850 St Marks Ave, Brooklyn 167 Kingston Ave, Brooklyn 935 Prospect Pl, Brooklyn 937 Prospect Pl, Brooklyn 169 Kingston Ave, Brooklyn 939 Prospect Pl, Brooklyn 949 Prospect Pl, Brooklyn 166 Brooklyn Ave, Brooklyn

Nearby ZIP codes for Prospect Palace - 925 Prospect Place, Brooklyn, 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 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 11230, New York City, NY 11233, New York City, NY 11236, New York City, NY 11237, New York City, NY 11238, New York City, NY 11385, New York City, NY

Frequently asked questions

What is the year built for Prospect Palace - 925 Prospect Place, Brooklyn, NY 11213?

The development at Prospect Palace - 925 Prospect Place, Brooklyn, NY 11213 was built in 1900.

What is the total square footage of Prospect Palace - 925 Prospect Place, Brooklyn, NY 11213?

Prospect Palace - 925 Prospect Place, Brooklyn, NY 11213 has a total of 86,804 square feet.

When was Prospect Palace - 925 Prospect Place, Brooklyn, NY 11213 last sold and what was the sale price?

Prospect Palace - 925 Prospect Place, Brooklyn, NY 11213 was last sold on 02/11/2020 for $12,725,000.

What is the assessed value of Prospect Palace - 925 Prospect Place, Brooklyn, NY 11213?

Prospect Palace - 925 Prospect Place, Brooklyn, NY 11213 is currently assessed at $2,764,350.

What are the property taxes for Prospect Palace - 925 Prospect Place, Brooklyn, NY 11213?

The property taxes for Prospect Palace - 925 Prospect Place, Brooklyn, NY 11213 total $304,785.

How many residential units does this building have?

This building has 82 residential unit(s).

Disclaimer

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