732 Prospect Place, Brooklyn, NY 11216 Property Information
732 Prospect Place, Brooklyn, NY 11216 Property Information
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- Neighborhood
Address
| Primary address | 732 Prospect Place |
| Neighborhood | Crown Heights |
| Zip code | 11216 |
| Borough | Brooklyn |
| Block & lot | 01233-0017 |
Sales & Tax Overview for 732 Prospect Place, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 06/12/2015 |
| Purchase price | $400,000 |
| Tax class | Register |
| Estimated property tax | $4,879 |
Lot & Building Information for 732 Prospect Place, Brooklyn
| Lot sqft | 2,683 |
| Lot dimensions | |
| Building class | Three Families (C0) |
| Building sqft | 2,922 |
| Building dimensions | |
| Buildings on lot | 1 |
| Stories | 3 |
| Structure type | Row |
| Building material | Frame |
| Exterior wall | Composition |
| Basement type | Full |
| Year built | 1935 |
| Frontage(s) | Prospect Place (narrow) |
| Nearest wide street | Rogers Avenue |
| Distance to wide street | Register |
Area Overview
| School district | 17 |
| Community district | 8 |
| Closest police station | 0.67 Miles |
| Closest fire station | 0.48 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 732 Prospect Place, Brooklyn
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About 732 Prospect Place, Brooklyn
732 Prospect Place, Brooklyn, NY 11216 was built in 1935 and has a total of 2,922 square feet.
What is the assessed value of 732 Prospect Place, Brooklyn, NY 11216 and the property tax paid?Assessed at $74,700, the tax amount paid for 732 Prospect Place, Brooklyn, NY 11216 is $4,876. For the next year, the tax amount for 732 Prospect Place, Brooklyn, NY 11216 is estimated at $4,879.
When was 732 Prospect Place, Brooklyn, NY 11216 last sold and what was the last sale price?732 Prospect Place, Brooklyn, NY 11216 was last sold in 06/12/2015 for $400,000.
How many residential units does this building have?This building has 3 residential unit(s). There are 1 active listings at this address.
Ownership Information for 732 Prospect Place, Brooklyn
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Spaces for Sale in 732 Prospect Place, Brooklyn
| Listing type | For Sale |
|---|---|
| Listing date | 02/18/2026 |
| Last updated | 02/18/2026 |
| Lot size | 2683 SF |
AA
TerraCRG has been exclusively retained to represent ownership in the sale of 732 Prospect Place, a prime residential development opportunity located in the heart of Crown Heights between Rogers Avenue and Nostrand Avenue. The property is currently improved with a three-story structure and presents a compelling opportunity for redevelopment in one of Brooklynâs most active residential corridors. The 2,683 SF lot (21 ft x 127.79 ft) is zoned R6A, allowing for 8,049 ZFA (3.0 FAR) as-of-right, with the ability to increase density to 10,464 ZFA (3.9 FAR) under the Universal Affordability Preference (UAP) program, subject to affordability requirements. This flexible zoning framework positions the site well for a boutique multifamily or mixed residential project. The property benefits from exceptional transit access, with both the Franklin Avenue and Nostrand Avenue subway stations within close walking distance, providing service to the 2, 3, 4, 5, A, and C lines for seamless connectivity to Downtown Brooklyn and Manhattan. Multiple bus routes service the immediate area, while proximity to major thoroughfares such as Eastern Parkway and Atlantic Avenue ensures convenient access throughout Brooklyn and beyond.
Brokers
Past Sales & Property History for 732 Prospect Place, Brooklyn
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*Here are the three most recent sales for this property.
Title Documents for 732 Prospect Place, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 732 Prospect Place, Brooklyn
Access detailed property tax data for 732 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: | $4,877 |
| Estimated property tax: | $4,879 |
| Tax assessor's market value: | $1,245,000 |
| Assessed value: | $74,700 |
Assessment History for 732 Prospect Place, Brooklyn
Here's the assessment & property tax history for 732 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 | $1,245,000 | $74,700 | $24,576 | 19.843% | $4,877 | $4,877 | +4.58% |
| 2024/25 | $1,276,000 | $76,560 | $23,216 | 20.085% | $4,663 | $4,663 | +0.94% |
| 2023/24 | $1,566,000 | $93,960 | $22,999 | 20.085% | $4,619 | $4,619 | +4.76% |
| 2022/23 | $1,535,000 | $92,100 | $21,712 | 20.309% | $4,409 | $4,409 | +7.79% |
| 2021/22 | $1,250,000 | $75,000 | $20,491 | 19.963% | $4,091 | $4,091 | -5.08% |
Permits for 732 Prospect Place, Brooklyn
The complete history of permits filed for 732 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.
Crown Heights Residential Market Stats
Access a detailed real estate market overview of Crown Heights so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Crown Heights and compare it to other neighborhoods in Brooklyn.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Franklin Ave & Park Pl at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | FS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.288 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Rogers Av/Park Pl | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.035 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schools
Nearest elementary schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| P.S. 138 | 6 | Yes | Public | PK, K-8 | 414 | 0.05 |
| P.S. 138 | 6 | Yes | Public | PK, K-8 | 414 | 0.05 |
| Success Academy Prospect Heights | NR | No | Charter | K-3 | 0 | 0.05 |
| Success Academy Charter School-Prospect Heights | 9 | No | Charter | K-5 | 275 | 0.06 |
| Friends of Crown Heights #2 | NR | No | Private | K | 0 | 0.12 |
Nearest middle schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| The School Of Integrated Learning | 7 | Yes | Public | 6-8 | 199 | 0.80 |
| P.S. 138 | 6 | No | Public | PK, K-8 | 414 | 0.05 |
| Carmel Christian School | NR | No | Private | K-9 | 51 | 0.13 |
| German School Brooklyn | NR | No | Private | PK, K-8 | 195 | 0.13 |
| Carmel Christian School | NR | No | Private | PK, K-8 | 0 | 0.13 |
Nearest high schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Aspirations Diploma Plus High School | NR | No | Public | 9-12 | 199 | 0.34 |
| W E B Dubois Academic High School | NR | No | Public | 9-12 | 114 | 0.36 |
| ASPIRATIONS DIPLOMA PLUS HIGH SCHOOL | NR | No | Public | 9-12 | 143 | 0.40 |
| Educational Institute Onolei | NR | No | Private | PK, K-12 | 0 | 0.43 |
| Educational Institute Oholei Torah-Oholei Menachem | NR | No | Private | K-12 | 1,500 | 0.44 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Neighbors for 732 Prospect Place, Brooklyn
Here are the neighbors for 732 Prospect Place, Brooklyn, NY 11216.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 738 Prospect Pl, Brooklyn | 1,954 | 04/23/2025 | $1,810,000 |
| 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 | |
| 780 Prospect Pl, Brooklyn | 5,960 | 02/01/2023 | |
| 99 Rogers Ave, Brooklyn | 9,683 | 07/10/2012 | $10,000 |
| 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 |
| 760 Prospect Pl, Brooklyn | 129,000 | ||
| 103 Rogers Ave, Brooklyn | 9,554 | 07/29/2024 | |
| 736 Prospect Pl, Brooklyn | 2,835 | 09/19/2023 | $1,700,000 |
| 778 Prospect Pl, Brooklyn | 5,960 | 05/15/2007 | $650,000 |
| 105 A Rogers Ave, Brooklyn | 2,565 | 02/15/2023 | |
| 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 | |
| 724 Prospect Pl, Brooklyn | 2,627 | 04/01/2011 | |
| 101 Rogers Ave, Brooklyn | 8,744 | 06/18/2021 | $300,000 |