New York City  »  11216  »  Prospect Pl  »  724 Prospect Pl

724 Prospect Place, Brooklyn, NY 11216 - Property report

Also known as: 724 Prospect Pl

Property image for 724 Prospect Place, Brooklyn, NY 11216
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1935

Lot sq. ft.

1,365

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
724 Prospect Place
ZIP code
11216
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01233-0013

Owner

Find out who owns 724 Prospect Place, Brooklyn, NY 11216. Uncover corporate and individual owners with a free account.

Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
2,627
Building dimensions
19.5 ft x 45 ft
Buildings on lot
1
Stories
3
Year built
1935
Building material
Tax
Tax year
2026-2027
Property tax
$3,062
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
19.5 ft x 70 ft
Lot sq. ft.
1,365

Area overview

Walk score
88 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
94 /100.  Biker's Paradise
School district
17
Community district
8
Closest police station
0.69 Miles
Closest fire station
0.46 Miles

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

Ownership

Ownership information for 724 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 724 Prospect Place, Brooklyn, NY 11216

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/02/2021 - R UCC3 Continuation
(2021120200258004)		 XXXXXX XXXXX XXXX XXXXXXX XXX XXXX
06/06/2017 - R Initial UCC1
(2017060200935020)		 XXXXXX XXXX X XXXX XXXXXXX XXX XXXX
12/14/2016 - R Initial UCC1
(2016121301516012)		 XXXXXX XXXXX X XXXX XXXXXXX XXX XXXX
06/25/2012 - R Initial UCC1
(2012062100666010)		 XXXXXX XXXX X XXXX XXXXXXX XXX XXX X
07/29/2011 - R
04/01/2011 - D		 Deed
(2011040100930001)		 XXXXXX XXXXXX X XXXXXX XXXX X
11/14/2007 - R
11/08/2007 - D		 Satisfaction of Mortgage
(2007110800618002)		 XXXXXX XXXXX X XXXXX XXXXX XXXX X X
11/14/2007 - R
11/02/2007 - D		 Assignment, Mortgage
(2007110800618001)		 XXXXX XXXXX XXXX X X XXX XXXXXXXXXX XXXX XXXXXXXX XXXXXXX XX X
11/07/2007 - R
10/15/2007 - D		 Deed
(2007103000371001)		 XXXXXX XXXX XXXXXX XXXXXX
05/02/2007 - R
05/01/2007 - D		 Initial UCC1
(2007050101731003)		 XXXXXX XXXX XXXX XXXX XXX XXXXXX XXXXX XXX
01/16/2007 - R
10/16/2006 - D		 Deed
(2006121400382001)		 XXXXXXXXXXX XXXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 724 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
$3,062
Municipal exemptions
Recent tax assessments
Market value
$1,670,000
Assessed value
$100,200

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 $1,484,000 $89,040 $18,141 19.843% $3,881 $3,600 -0.48%
2024/25 $1,477,000 $88,620 $18,008 20.085% $3,886 $3,617 +6.75%
2023/24 $1,316,000 $78,960 $16,870 20.085% $3,670 $3,388 +5.55%
2022/23 $1,033,000 $61,980 $15,807 20.309% $3,507 $3,210 +8.20%
2021/22 $886,000 $53,160 $14,861 19.963% $3,254 $2,967 -5.32%
2020/21 $561,000 $33,660 $14,891 21.045% $3,431 $3,134 +0.56%
2019/20 $488,000 $29,280 $14,723 21.167% $3,413 $3,116 +8.23%
2018/19 $574,000 $34,440 $13,765 20.919% $3,185 $2,880 +9.34%
2017/18 $535,000 $32,100 $12,919 20.385% $2,933 $2,634 +9.47%
2016/17 $446,000 $26,760 $12,034 19.991% $2,716 $2,406 +2.49%
Permits

Permit information for 724 Prospect Place, Brooklyn, NY

No recently recorded permits 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
Franklin Ave & Park Pl at NW Corner
Station lines
FS
Distance (miles)
0.272
View subway map

Access the detailed traffic volume map for 724 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 724 Prospect Place, Brooklyn, NY

738 Prospect Pl, Brooklyn 732 Prospect Pl, Brooklyn 107 Rogers Ave, Brooklyn 109 Rogers Ave, Brooklyn 734 Prospect Pl, Brooklyn 99 Rogers Ave, Brooklyn 111 Rogers Ave, Brooklyn 115 Rogers Ave, Brooklyn 730 Prospect Pl, Brooklyn 740 Prospect Pl, Brooklyn 742 Prospect Pl, Brooklyn 746 Prospect Pl, Brooklyn 103 Rogers Ave, Brooklyn 736 Prospect Pl, Brooklyn 105 A Rogers Ave, Brooklyn 113 Rogers Ave, Brooklyn 728 Prospect Pl, Brooklyn 105 Rogers Ave, Brooklyn 744 Prospect Pl, Brooklyn 101 Rogers Ave, Brooklyn

Nearby ZIP codes for 724 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 724 Prospect Place, Brooklyn, NY 11216?

The development at 724 Prospect Place, Brooklyn, NY 11216 was built in 1935.

What is the market value of 724 Prospect Place, Brooklyn, NY 11216?

The current market value of 724 Prospect Place, Brooklyn, NY 11216 is $1,670,000.

What is the total square footage of 724 Prospect Place, Brooklyn, NY 11216?

724 Prospect Place, Brooklyn, NY 11216 has a total of 2,627 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account