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

724 Prospect Place, Brooklyn, NY 11216 Property Information

724 Prospect Place, Brooklyn, NY 11216 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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724 Prospect Place, Brooklyn, NY 11216 1
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Address

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

Sales & Tax Overview for 724 Prospect Place, Brooklyn

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

Tax class
Estimated property tax $3,599

Lot & Building Information for 724 Prospect Place, Brooklyn

Lot sqft 1,365
Lot dimensions 19.5 ft x 70 ft
Building class Primarily Two Family with One Store or Office (S2) i
Building sqft 2,627
Building dimensions 19.5 ft x 45 ft
Buildings on lot 1
Stories 3
Year built 1935
Construction type
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Zoning & Use for 724 Prospect Place, Brooklyn

Zoning
Residential units (DOF) 2
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 8
Closest police station 0.69 Miles
Closest fire station 0.46 Miles

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

Other Property Data for 724 Prospect Place, Brooklyn

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Floor area ratio (FAR) for 724 Prospect Place, Brooklyn, NY 11216, 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 724 Prospect Place, Brooklyn, NY 11216, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 724 Prospect Place, Brooklyn

How many square feet does 724 Prospect Place, Brooklyn, NY 11216 have?

This Primarily Two Family with One Store or Office (S2) located at 724 Prospect Place, Brooklyn, NY 11216 has a total of 2,627 square feet.

What is the year built & the current market value of 724 Prospect Place, Brooklyn, NY 11216?

724 Prospect Place, Brooklyn, NY 11216 was built in 1935 and has a current tax assessor's market value of $1,484,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 724 Prospect Place, Brooklyn

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Property owner name for 724 Prospect Place, Brooklyn, NY 11216
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Building contacts for 724 Prospect Place, Brooklyn, NY 11216
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 724 Prospect Place, Brooklyn

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No recorded sales for this property.

Title Documents for 724 Prospect Place, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
12/02/2021 - R UCC3 Continuation
(2021120200258004)
06/06/2017 - R Initial UCC1
(2017060200935020)
12/14/2016 - R Initial UCC1
(2016121301516012)
06/25/2012 - R Initial UCC1
(2012062100666010)
04/01/2011 - D
07/29/2011 - R
Deed
(2011040100930001)
11/08/2007 - D
11/14/2007 - R
Satisfaction of Mortgage
(2007110800618002)
11/02/2007 - D
11/14/2007 - R
Assignment, Mortgage
(2007110800618001)
10/15/2007 - D
11/07/2007 - R
Deed
(2007103000371001)
05/01/2007 - D
05/02/2007 - R
Initial UCC1
(2007050101731003)
10/16/2006 - D
01/16/2007 - R
Deed
(2006121400382001)
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R: Recorded date
D: Document date

Property Taxes for 724 Prospect Place, Brooklyn

Access detailed property tax data for 724 Prospect Place, Brooklyn, NY 11216. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $3,600
Estimated property tax: $3,599
Tax assessor's market value: $1,484,000
Assessed value: $89,040
Exemptions granted by city:

Assessment History for 724 Prospect Place, Brooklyn

Here's the assessment & property tax history for 724 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 $1,484,000 $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%

Permits for 724 Prospect Place, Brooklyn

The complete history of permits filed for 724 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.

No recorded permits for this property.

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

Check out recently sold homes in Brooklyn and see how their prices compare.

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) 0.272
View subway map
Bus Routes
Name Rogers Av/Park Pl
Line B49
Distance (miles) 0.029

Neighbors for 724 Prospect Place, Brooklyn

Here are the neighbors for 724 Prospect Place, Brooklyn, NY 11216.

Address Square feet Purchase date Purchase price
738 Prospect Pl, Brooklyn 1,954 04/23/2025 $1,810,000
732 Prospect Pl, Brooklyn 2,922 06/12/2015 $400,000
107 Rogers Ave, Brooklyn 2,634 11/02/2001
109 Rogers Ave, Brooklyn 3,600 09/29/2021 $1,649,000
734 Prospect Pl, Brooklyn 2,922 04/08/2025
99 Rogers Ave, Brooklyn 9,683 07/10/2012 $10,000
111 Rogers Ave, Brooklyn 3,240 04/17/2013
115 Rogers Ave, Brooklyn 5,244 05/09/2025 $1,835,000
730 Prospect Pl, Brooklyn 7,472 10/15/2018
740 Prospect Pl, Brooklyn 1,954 07/07/2021 $1,825,000
742 Prospect Pl, Brooklyn 2,058 08/14/2015 $1,200,000
746 Prospect Pl, Brooklyn 4,500 08/14/2018 $1,490,000
103 Rogers Ave, Brooklyn 9,554 07/29/2024
736 Prospect Pl, Brooklyn 2,835 09/19/2023 $1,700,000
105 A Rogers Ave, Brooklyn 2,565 02/15/2023
113 Rogers Ave, Brooklyn 2,772 09/12/1997
728 Prospect Pl, Brooklyn 4,538 11/13/2020 $1,100,000
105 Rogers Ave, Brooklyn 9,554 06/16/2016 $1,150,000
744 Prospect Pl, Brooklyn 3,597 05/23/2011
101 Rogers Ave, Brooklyn 8,744 06/18/2021 $300,000
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