New York City  »  11216  »  Prospect Pl  »  742 Prospect Pl

742 Prospect Place, Brooklyn, NY 11216 - Property report

Also known as: 742 Prospect Pl

Property image for 742 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

$1,200,000

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
742 Prospect Place
ZIP code
11216
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01233-0022

Owner

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Building
Property type
City Residence One Family (A4)
Building sq. ft.
2,058
Building dimensions
14.58 ft x 45 ft
Buildings on lot
1
Stories
2
Year built
1935
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Sales
Sale date
08/14/2015
Sale price
$1,200,000
Tax
Tax year
2026-2027
Property tax
$3,918
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
0.50 Miles

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

Ownership

Ownership information for 742 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 742 Prospect Place, Brooklyn, NY 11216

Sale date Sale price Buyer name Seller name
08/14/2015 $1,200,000 XXXXXX, XXXX XXX XXXXXX, XXXXX XXXXXXX, XXXX
08/31/2007 $750,000 XXXXXXX, XXXXXX XXX XXXXXXX, XXXX XXXXXXX, XXXXXX
11/15/2005 $340,000 XXXXXXXXX, XXXXXXXX XXXXXXXX, XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/24/2025 - R
03/17/2025 - D		 Mortgage
(2025032400096001)		 XXXXXX XXXX X XXXX XX XXXXXXX XX
11/23/2021 - R
10/29/2021 - D		 Assignment, Mortgage
(2021111601051002)		 XXXX XX XXXXXXX X X XXXX XX XXXXXXX X X
11/23/2021 - R
10/25/2021 - D		 Agreement
(2021111601051004)		 XXXXXX XXXX XXXX XX XXXXXXX X X
11/23/2021 - R
10/25/2021 - D		 Mortgage
(2021111601051003)		 XXXXXX XXXX XXXX XX XXXXXXX X X
11/23/2021 - R
08/30/2021 - D		 Assignment, Mortgage
(2021111601051001)		 XXXXXXXX X X XXXX XX XXXXXXX X X
11/02/2015 - R UCC3 Termination
(2015103000144001)		 XXXXXXX XXXX XXXX XXXXXXX XXX XXXX
09/11/2015 - R
09/01/2015 - D		 Satisfaction of Mortgage
(2015090101267001)		 XXXXXXX XXXXXX XXXX XX XXX XXXX XXXXXX
09/03/2015 - R
08/14/2015 - D		 Mortgage
(2015081900258002)		 XXXXXX XXXX XXXX
09/03/2015 - R
08/14/2015 - D		 Deed
(2015081900258001)		 XXXXXXX XXXX XXXXXX XXXX
08/05/2015 - R
07/06/2015 - D		 Satisfaction of Mortgage
(2015072200534001)		 XXXXXXXX XXXXXX XXXXXXXXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 742 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
$3,918
Municipal exemptions
Recent tax assessments
Market value
$1,621,000
Assessed value
$97,260

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 $1,325,000 $79,500 $18,631 19.843% $3,697 $3,697 +155.30%
2024/25 $1,559,000 $93,540 $17,626 20.085% $3,540 $1,448 0.00%
2023/24 $1,913,000 $114,780 $17,626 20.085% $3,540 $1,448 -0.13%
2022/23 $1,566,000 $93,960 $17,441 20.309% $3,542 $1,450 +21.54%
2021/22 $1,348,000 $80,880 $16,454 19.963% $3,285 $1,193 -63.49%
2020/21 $1,196,000 $71,760 $15,526 21.045% $3,267 $3,267 +5.10%
2019/20 $1,196,000 $71,760 $14,688 21.167% $3,109 $3,109 +1.19%
2018/19 $826,000 $49,560 $14,688 20.919% $3,073 $3,073 +3.71%
2017/18 $1,023,000 $61,380 $14,534 20.385% $2,963 $2,963 +8.08%
2016/17 $758,000 $45,480 $13,712 19.991% $2,741 $2,741 +8.35%
Permits

Permit information for 742 Prospect Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
02/04/2021 Alteration
01/14/2020 Alteration
12/17/2019 Alteration
12/17/2019 Alteration
11/07/2019 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations 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

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)
0.304
View subway map

Access the detailed traffic volume map for 742 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 0.03
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 0.78
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 0.42
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
Associated Beth Rivkah Schools NR No Private PK-12 0 0.58
Beth Rivka High School NR No Private 9-12 504 0.58
High School For Global Citizenship 4 No Public 9-12 221 0.58

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

Neighbors for 742 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 746 Prospect Pl, Brooklyn 760 Prospect Pl, Brooklyn 784 Prospect Pl, Brooklyn 740 Prospect Pl, Brooklyn 778 Prospect Pl, Brooklyn 716 Nostrand Ave, 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 742 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 742 Prospect Place, Brooklyn, NY 11216?

The development at 742 Prospect Place, Brooklyn, NY 11216 was built in 1935.

What is the total square footage of 742 Prospect Place, Brooklyn, NY 11216?

742 Prospect Place, Brooklyn, NY 11216 has a total of 2,058 square feet.

When was 742 Prospect Place, Brooklyn, NY 11216 last sold and what was the sale price?

742 Prospect Place, Brooklyn, NY 11216 was last sold on 08/14/2015 for $1,200,000.

What is the assessed value of 742 Prospect Place, Brooklyn, NY 11216?

742 Prospect Place, Brooklyn, NY 11216 is currently assessed at $97,260.

What are the property taxes for 742 Prospect Place, Brooklyn, NY 11216?

The property taxes for 742 Prospect Place, Brooklyn, NY 11216 total $3,918.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

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