New York City » 11216 » Prospect Pl » 862 Prospect Pl

862 Prospect Place, Brooklyn, NY 11216 - Property report

Also known as: 862 Prospect Pl

Property image for 862 Prospect Place, Brooklyn, NY 11216

Property type

Two Family Brick (B1)

Year built

1925

Lot sq. ft.

2,083

Sale price

$10

General information

Address

Primary address

862 Prospect Place

ZIP code

11216

Neighborhood

Crown Heights

Borough

Brooklyn

Block & lot

01234-0031

Building

Property type

Two Family Brick (B1)

Building sq. ft.

3,592

Building dimensions

16.67 ft x 45 ft

Buildings on lot

Stories

Year built

1925

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

02/16/2008

Sale price

$10

Tax

Tax year

2026-2027

Property tax

$5,645

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Prospect Place (narrow)

Nearest wide street

St Marks Avenue

Distance to wide street

Lot dimensions

16.67 ft x 125 ft

Lot sq. ft.

2,083

Area overview

Walk score

97 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

94 /100. Biker's Paradise

School district

Community district

Closest police station

0.62 Miles

Closest fire station

0.68 Miles

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

Ownership

Ownership information for 862 Prospect Place, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 862 Prospect Place, Brooklyn, NY 11216

Sale date	Sale price	Buyer name	Seller name
02/16/2008	$10	XXXXXXXXX, XXXXXX XXX XXXXXXXXX, XXXXXXX	XXXXXXXXX, XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/05/2021 - R 04/28/2021 - D	Landmark Designation (2021042801006001)	XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX
03/11/2021 - R 03/04/2021 - D	Satisfaction of Mortgage (2021031000594001)	XXXXXXXXX XXXXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
03/29/2021 - R 02/11/2021 - D	Mortgage (2021031101128001)	XXXXXXXXX XXXXXX	XXXX
03/05/2019 - D 03/05/2019 - R	Satisfaction of Mortgage (2019030500523001)	XXXXXXXXX XXX XXXXXX X	XXXXXX XXXXXXXXX XXXXXXX XXXXXX XXXXX
03/06/2019 - R 03/05/2019 - D	Satisfaction of Mortgage (2019030500520001)	XXXXXXXXX XXX XXXXXX X	XXXXXX XXXXXXXXX XXXXXXX XXXXXX XXXXX
02/26/2019 - R 02/13/2019 - D	Mortgage (2019022100483001)	XXXXXXXXX XXXXXX	XXXX
07/12/2010 - R 02/18/2010 - D	Mortgage (2010061500597001)	XXXXXXXXX XXXXXX	XXXXXX XXXXXXXXX XXXXXXX XXXXXX XXXXX
09/11/2008 - R 07/10/2008 - D	Mortgage (2008090400914001)	XXXXXXXXX XXXXXX	XXXXXX XXXXXXXXX XXXXXXX XXXXXX XXXXX
03/07/2008 - R 02/16/2008 - D	Deed (2008030301198001)	XXXXXXXXX XXXXXX	XXXXXXXXX XXXXXX
10/15/2007 - R 09/19/2007 - D	Deed (2007100901241001)	XXXXXXX XXXXXXX	XXXXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 862 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

$5,645

Municipal exemptions

Recent tax assessments

Market value

$1,825,000

Assessed value

$109,500

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	$1,556,000	$93,360	$26,837	19.843%	$5,325	$5,325	+4.72%
2024/25	$1,830,000	$109,800	$25,319	20.085%	$5,085	$5,085	+6.00%
2023/24	$2,245,000	$134,700	$23,886	20.085%	$4,798	$4,798	-1.10%
2022/23	$2,044,000	$122,640	$23,886	20.309%	$4,851	$4,851	+2.51%
2021/22	$2,084,000	$125,040	$23,705	19.963%	$4,732	$4,732	+0.54%
2020/21	$2,003,000	$120,180	$22,364	21.045%	$4,707	$4,707	+5.38%
2019/20	$1,944,000	$116,640	$21,099	21.167%	$4,466	$4,466	+7.26%
2018/19	$1,817,000	$109,020	$19,905	20.919%	$4,164	$4,164	+2.62%
2017/18	$1,245,000	$74,700	$19,905	20.385%	$4,058	$4,058	+2.75%
2016/17	$1,056,000	$63,360	$19,754	19.991%	$3,949	$3,949	+8.36%

Permits

Permit information for 862 Prospect Place, Brooklyn, NY

No recently recorded permits 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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Nostrand Ave & Eastern Pkwy at SE Corner

Station lines

Distance (miles)

0.312

View subway map

Access the detailed traffic volume map for 862 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	0.17
P.S. 138	6	Yes	Public	PK, K-8	414	0.17
Hebron Seventh-Day Aventist Bilingual	NR	No	Private	PK-8	52	0.11
Hebron Seventh-Day Aventist Bilingual	NR	No	Private	PK-8	52	0.11
Success Academy Charter School-Prospect Heights	9	No	Charter	K-5	275	0.17
Success Academy Prospect Heights	NR	No	Charter	K-3	0	0.17
Rainbow Campus	NR	No	Private	K-6	29	0.20
Carmel Christian School	NR	No	Private	PK, K-8	0	0.28
Carmel Christian School	NR	No	Private	PK, K-8	0	0.28

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	0.58
Hebron Seventh-Day Aventist Bilingual	NR	No	Private	PK-8	52	0.11
P.S. 138	6	No	Public	PK, K-8	414	0.17
Carmel Christian School	NR	No	Private	PK, K-8	0	0.28
Carmel Christian School	NR	No	Private	K-9	51	0.29
German School Brooklyn	NR	No	Private	PK, K-8	195	0.29
Educational Institute Oholei Torah-Oholei Menachem	NR	No	Private	K-12	1,500	0.30
Restoration Academy	3	No	Public	6-8	94	0.36

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Educational Institute Oholei Torah-Oholei Menachem	NR	No	Private	K-12	1,500	0.30
Educational Institute Onolei	NR	No	Private	PK, K-12	0	0.30
Uncommon New York City Charter #1	NR	No	Charter		0	0.41
Aspirations Diploma Plus High School	NR	No	Public	9-12	199	0.47
W E B Dubois Academic High School	NR	No	Public	9-12	114	0.48
Academy for Health Careers	2	No	Public	9-12	231	0.48
Pathways Tech Early College High School	NR	No	Public	9-12	520	0.48
Medgar Evers College Preparatory School	7	No	Public	6-12	1,351	0.51
ASPIRATIONS DIPLOMA PLUS HIGH SCHOOL	NR	No	Public	9-12	143	0.54
Beth Rivka High School	NR	No	Private	9-12	504	0.56

Frequently asked questions

What is the year built for 862 Prospect Place, Brooklyn, NY 11216?

The development at 862 Prospect Place, Brooklyn, NY 11216 was built in 1925.

What is the total square footage of 862 Prospect Place, Brooklyn, NY 11216?

862 Prospect Place, Brooklyn, NY 11216 has a total of 3,592 square feet.

When was 862 Prospect Place, Brooklyn, NY 11216 last sold and what was the sale price?

862 Prospect Place, Brooklyn, NY 11216 was last sold on 02/16/2008 for $10.

What is the assessed value of 862 Prospect Place, Brooklyn, NY 11216?

862 Prospect Place, Brooklyn, NY 11216 is currently assessed at $109,500.

What are the property taxes for 862 Prospect Place, Brooklyn, NY 11216?

The property taxes for 862 Prospect Place, Brooklyn, NY 11216 total $5,644.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.