New York City  »  11216  »  Prospect Pl  »  740 Prospect Pl

740 Prospect Place, Brooklyn, NY 11216 - Property report

Also known as: 740 Prospect Pl

Property image for 740 Prospect Place, Brooklyn, NY 11216
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Property type

City Residence One Family (A4)

Year built

1935

Lot sq. ft.

1,458

Sale price

$1,825,000

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
Primary address
740 Prospect Place
ZIP code
11216
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01233-0021

Owner

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Building
Property type
City Residence One Family (A4)
Building sq. ft.
1,954
Building dimensions
14.58 ft x 45 ft
Buildings on lot
1
Stories
2
Year built
1935
Last altered
2017
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Sales
Sale date
07/07/2021
Sale price
$1,825,000
Tax
Tax year
2026-2027
Property tax
$6,416
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Prospect Place (narrow)
Nearest wide street
Rogers Avenue
Distance to wide street
Lot dimensions
14.58 ft x 100 ft
Lot sq. ft.
1,458

Area overview

Walk score
96 /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
0.67 Miles
Closest fire station
0.49 Miles

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

Ownership

Ownership information for 740 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 740 Prospect Place, Brooklyn, NY 11216

Sale date Sale price Buyer name Seller name
07/07/2021 $1,825,000 XXXXXXXX, XXXXX X XXX XXXXXXX, XXXXXXX XXXXXXX, XXXXXXXXX
11/12/2019 $1,767,000 XXXXXXX, XXXXXXXXX XXXXXXXX, XXXXXXX
04/27/2017 $880,000 XXXXXXXX, XXXXXXX XXXXXXX, XXXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/05/2022 - R
07/07/2021 - D		 Agreement
(2022100401163001)		 XXXXXXXX XXXXX X XXXXX XXXXX XXXX X X
07/28/2021 - R
07/07/2021 - D		 Deed
(2021072201611001)		 XXXXXXX XXXXXXXXX XXXXXXXX XXXXX X
11/21/2019 - R
11/12/2019 - D		 Agreement
(2019112000605001)		 XXXXXXX XXXXXXXXX XXXXX XXXXX XXXX XX
11/19/2019 - R
11/12/2019 - D		 Mortgage
(2019111500572003)		 XXXXXXX XXXXXXXXX XXXXX XXXXX XXXX XX
11/19/2019 - R
11/12/2019 - D		 Deed
(2019111500572001)		 XXXXXXXX XXXXXXX XXXXXXX XXXXXXXXX
11/19/2019 - R
10/22/2019 - D		 Assignment, Mortgage
(2019111500572002)		 XXXX XX XXXXXXX XX XXXXX XXXXX XXXX XX
05/24/2017 - R
05/15/2017 - D		 Satisfaction of Mortgage
(2017051501305001)		 XXXXXXX XXXXXXXX X XXXXXXXXXXXX XXX
05/04/2017 - R
04/27/2017 - D		 Mortgage
(2017050200703002)		 XXXXXXXX XXXXXXX XXXX
05/04/2017 - R
04/27/2017 - D		 Deed
(2017050200703001)		 XXXXXXX XXXXXXXX XXXXXXXX XXXXXXX
11/29/2004 - R
11/08/2004 - D		 Satisfaction of Mortgage
(2004111002199001)		 XXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 740 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
$6,416
Municipal exemptions
Recent tax assessments
Market value
$2,116,000
Assessed value
$126,960

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 $2,129,000 $127,740 $30,506 19.843% $6,053 $6,053 +2.16%
2024/25 $1,682,000 $100,920 $29,501 20.085% $5,925 $5,925 0.00%
2023/24 $2,064,000 $123,840 $29,501 20.085% $5,925 $5,925 -0.48%
2022/23 $1,689,000 $101,340 $29,316 20.309% $5,954 $5,954 +5.28%
2021/22 $1,304,000 $78,240 $28,329 19.963% $5,655 $5,655 +73.07%
2020/21 $1,239,000 $74,340 $15,526 21.045% $3,267 $3,267 +5.10%
2019/20 $1,166,000 $69,960 $14,688 21.167% $3,109 $3,109 +1.19%
2018/19 $805,000 $48,300 $14,688 20.919% $3,073 $3,073 +15.38%
2017/18 $994,000 $59,640 $13,064 20.385% $2,963 $2,663 +9.53%
2016/17 $736,000 $44,160 $12,162 19.991% $2,741 $2,431 +9.47%
Permits

Permit information for 740 Prospect Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/13/2017 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
11/17/2022 I
03/16/2022 I
04/21/2021 I

*Most recent HPD violations on record for this property.

Neighborhood

Crown Heights North residential market stats

Access a detailed real estate market overview of Crown Heights North so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Crown Heights North and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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)
0.302
View subway map

Access the detailed traffic volume map for 740 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 138 6 Yes Public PK, K-8 414 0.03
P.S. 138 6 Yes Public PK, K-8 414 0.03
Success Academy Prospect Heights NR No Charter K-3 0 0.04
Success Academy Charter School-Prospect Heights 9 No Charter K-5 275 0.05
Friends of Crown Heights #2 NR No Private K 0 0.13
Carmel Christian School NR No Private PK, K-8 0 0.14
Carmel Christian School NR No Private PK, K-8 0 0.14
Carmel Christian School NR No Private K-9 51 0.14
German School Brooklyn NR No Private PK, K-8 195 0.14
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
The School Of Integrated Learning 7 Yes Public 6-8 199 0.79
P.S. 138 6 No Public PK, K-8 414 0.03
Carmel Christian School NR No Private PK, K-8 0 0.14
Carmel Christian School NR No Private K-9 51 0.14
German School Brooklyn NR No Private PK, K-8 195 0.14
Epiphany Lutheran School NR No Private PK, K-8 167 0.23
Hebron Seventh-Day Aventist Bilingual NR No Private PK-8 52 0.29
Restoration Academy 3 No Public 6-8 94 0.44
Explore Exceed Charter School 6 No Charter K-8 429 0.47
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Aspirations Diploma Plus High School NR No Public 9-12 199 0.35
W E B Dubois Academic High School NR No Public 9-12 114 0.37
ASPIRATIONS DIPLOMA PLUS HIGH SCHOOL NR No Public 9-12 143 0.41
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 0.43
Medgar Evers College Preparatory School 7 No Public 6-12 1,351 0.50
Uncommon New York City Charter #1 NR No Charter 0 0.57
Brooklyn School For Music And Theater 4 No Public 9-12 223 0.58
High School For Global Citizenship 4 No Public 9-12 221 0.58
International High School at Prospect Heights 1 No Public 9-12 272 0.58

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 740 Prospect Place, Brooklyn, NY

738 Prospect Pl, Brooklyn 712 Nostrand Ave, Brooklyn 732 Prospect Pl, Brooklyn 780 Prospect Pl, Brooklyn 782 Prospect Pl, Brooklyn 734 Prospect Pl, Brooklyn 99 Rogers Ave, Brooklyn 786 Prospect Pl, Brooklyn 730 Prospect Pl, Brooklyn 742 Prospect Pl, Brooklyn 746 Prospect Pl, Brooklyn 760 Prospect Pl, Brooklyn 784 Prospect Pl, Brooklyn 103 Rogers Ave, Brooklyn 778 Prospect Pl, Brooklyn 736 Prospect Pl, Brooklyn 728 Prospect Pl, Brooklyn 744 Prospect Pl, Brooklyn 724 Prospect Pl, Brooklyn 101 Rogers Ave, Brooklyn

Nearby ZIP codes for 740 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 740 Prospect Place, Brooklyn, NY 11216?

The development at 740 Prospect Place, Brooklyn, NY 11216 was built in 1935.

What is the total square footage of 740 Prospect Place, Brooklyn, NY 11216?

740 Prospect Place, Brooklyn, NY 11216 has a total of 1,954 square feet.

When was 740 Prospect Place, Brooklyn, NY 11216 last sold and what was the sale price?

740 Prospect Place, Brooklyn, NY 11216 was last sold on 07/07/2021 for $1,825,000.

What is the assessed value of 740 Prospect Place, Brooklyn, NY 11216?

740 Prospect Place, Brooklyn, NY 11216 is currently assessed at $126,960.

What are the property taxes for 740 Prospect Place, Brooklyn, NY 11216?

The property taxes for 740 Prospect Place, Brooklyn, NY 11216 total $6,416.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

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