New York City  »  11216  »  Prospect Pl  »  728 Prospect Pl

728 Prospect Place, Brooklyn, NY 11216 - Property report

Also known as: 728 Prospect Pl

Property image for 728 Prospect Place, Brooklyn, NY 11216
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

2017

Lot sq. ft.

1,540

Sale price

$1,100,000

General information

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Address
Primary address
728 Prospect Place
ZIP code
11216
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01233-0015

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
4,538
Building dimensions
22 ft x 70 ft
Buildings on lot
1
Stories
5
Year built
2017
Building material
Sales
Sale date
11/13/2020
Sale price
$1,100,000
Tax
Tax year
2026-2027
Property tax
$13,987
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
22 ft x 70 ft
Lot sq. ft.
1,540

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
0.68 Miles
Closest fire station
0.47 Miles

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Ownership information for 728 Prospect Place, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 728 Prospect Place, Brooklyn, NY 11216

Sale date Sale price Buyer name Seller name
11/13/2020 $1,100,000 XXX XXXXXXXX XX XXXXXXXXXX, XXX XXXXX XXXXXXXXXXX XXXXX, XXX
03/04/2003 $55,000 XXXX XXXXXXXXXXX XXXXXXX, XXX. XXXXXX, XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/25/2026 - R UCC3 Termination
(2026030600511002)
XXX XXXXXXXX XX XXXXXXXXXX XXX X XXXXX XXXXXXX
03/25/2026 - R
03/03/2026 - D
Assignment of Leases and Rents
(2026030600511006)
XXX XXXXXXXX XX XXXXXXXXXX XXX XXXXXXXXXX XXXX
03/25/2026 - R
03/03/2026 - D
Agreement
(2026030600511005)
XXX XXXXXXXX XX XXXXXXXXXX XXX XXXXXXXXXX XXXX
03/25/2026 - R
03/03/2026 - D
Mortgage
(2026030600511004)
XXX XXXXXXXX XX XXXXXXXXXX XXX XXXXXXXXXX XXXX
03/25/2026 - R
02/20/2026 - D
Assignment, Mortgage
(2026030600511003)
X XXXXX XXXXXXX XXXXXXXXXX XXXX
03/25/2026 - R
02/20/2026 - D
Termination of Assign of L&R
(2026030600511001)
X XXXXX XXXXXXX XXX XXXXXXXX XX XXXXXXXXXX XXX
11/20/2024 - R Initial UCC1
(2024102500384005)
XXX XXXXXXXX XX XXXXXXXXXX XXX X XXXXX XXXXXXX
10/28/2024 - R UCC3 Amendment
(2024102500492001)
XXX XXXXXXXX XX XXXXXXXXXX XXX XXXXXXXX XXXXXXX XXXX
11/20/2024 - R
10/08/2024 - D
Assignment of Leases and Rents
(2024102500384004)
XXX XXXXXXXX XX XXXXXXXXXX XXX X XXXXX XXXXXXX
11/20/2024 - R
10/08/2024 - D
Agreement
(2024102500384003)
XXX XXXXXXXX XX XXXXXXXXXX XXX X XXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 728 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
$13,987
Municipal exemptions
Recent tax assessments
Market value
$2,007,000
Assessed value
$120,420

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 $1,526,000 $91,560 $66,504 19.843% $13,196 $13,196 +3.95%
2024/25 $1,421,000 $85,260 $63,204 20.085% $12,695 $12,695 0.00%
2023/24 $1,366,000 $81,960 $63,204 20.085% $12,695 $12,695 +0.39%
2022/23 $1,072,000 $64,320 $62,264 20.309% $12,645 $12,645 +7.84%
2021/22 $979,000 $58,740 $58,740 19.963% $11,726 $11,726 +43.53%
2020/21 $647,000 $38,820 $38,820 21.045% $8,170 $8,170 +72.92%
2019/20 $372,000 $22,320 $22,320 21.167% $4,724 $4,724 +22.21%
2018/19 $308,000 $18,480 $18,480 20.919% $3,866 $3,866 -50.06%
2017/18 $174,000 $78,300 $73,620 10.514% $7,740 $7,740 +1.04%
2016/17 $161,000 $72,450 $72,450 10.574% $7,661 $7,661 -0.77%

Permit information for 728 Prospect Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/09/2025 Alteration
03/15/2022 Alteration
03/02/2022 Alteration
02/28/2022 Alteration
01/19/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
09/12/2022 C-construction other optional
09/12/2022 C-construction other optional
11/24/2021 Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

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

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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)
0.279

Access the detailed traffic volume map for 728 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

Frequently asked questions

What is the year built for 728 Prospect Place, Brooklyn, NY 11216?

The development at 728 Prospect Place, Brooklyn, NY 11216 was built in 2017.

What is the market value of 728 Prospect Place, Brooklyn, NY 11216?

The current market value of 728 Prospect Place, Brooklyn, NY 11216 is $2,007,000.

What is the total square footage of 728 Prospect Place, Brooklyn, NY 11216?

728 Prospect Place, Brooklyn, NY 11216 has a total of 4,538 square feet.

What is the price per square foot for this property?

$242 per square foot is the price for 728 Prospect Place, Brooklyn, NY 11216.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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