New York City  »  11213  »  Prospect Pl  »  1240 Prospect Pl

1240 Prospect Place, Brooklyn, NY 11213 - Property report

Also known as: 1240 Prospect Pl

Property image for 1240 Prospect Place, Brooklyn, NY 11213
static Mapbox map

Property type

Two Family Frame (B2)

Year built

1910

Lot sq. ft.

2,129

Sale price

$1,139,000

General information

Unlock this property report with a free account

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
1240 Prospect Place
ZIP code
11213
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01365-0021

Owner

Find out who owns 1240 Prospect Place, Brooklyn, NY 11213. Uncover corporate and individual owners with a free account.

Building
Property type
Two Family Frame (B2)
Building sq. ft.
1,859
Building dimensions
16.67 ft x 38 ft
Buildings on lot
1
Stories
3
Year built
1910
Building material
Frame
Exterior wall
Composition
Basement
4
Sales
Sale date
01/23/2024
Sale price
$1,139,000
Tax
Tax year
2026-2027
Property tax
$3,343
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Prospect Place (narrow)
Nearest wide street
Troy Avenue
Distance to wide street
Lot dimensions
16.67 ft x 127.75 ft
Lot sq. ft.
2,129

Area overview

Walk score
90 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
16
Community district
8
Closest police station
0.26 Miles
Closest fire station
0.10 Miles

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

Ownership

Ownership information for 1240 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 1240 Prospect Place, Brooklyn, NY 11213

Sale date Sale price Buyer name Seller name
01/23/2024 $1,139,000 XXXX-XXXXXX, XXXX XXXXXXX XXX XXXXXX, XXXXXXXX XXXXXXXXXX, XXXXXXXXX XXX XXX, XXXXX
11/20/2020 $825,000 XXXXXXXXXX, XXXXXXXXX XXX XXX, XXXXX XXXXXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/31/2024 - R
01/23/2024 - D		 Agreement
(2024012300080005)		 XXXXXXXXXX XXXX XXXXXXX XXXXXXXX X X
01/31/2024 - R
01/23/2024 - D		 Mortgage
(2024012300080004)		 XXXXXXXXXX XXXX XXXXXXX XXXXXXXX X X
01/31/2024 - R
01/23/2024 - D		 Deed
(2024012300080002)		 XXXXXXXXXX XXXXXXXXX XXXXXXXXXX XXXX XXXXXXX
01/31/2024 - R
01/18/2024 - D		 Power of Attorney
(2024012300080001)		 XXXXXXXXXX XXXXXXXXX XX XXXXX
01/31/2024 - R
01/04/2024 - D		 Assignment, Mortgage
(2024012300080003)		 XXXXXXXXX XXXX XXXXXXXX X X
01/04/2021 - R
12/18/2020 - D		 Satisfaction of Mortgage
(2020122900333001)		 XXXXXXXX XXXXXXX XXXXXX XXX
12/08/2020 - R
11/20/2020 - D		 Mortgage
(2020120400388001)		 XXXXXXXXXX XXXXXXXXX XXXXXXXXX XXXX
12/02/2020 - R
11/20/2020 - D		 Deed
(2020113001155002)		 XXXXXXXX XXXXXXX XXXXXXXXXX XXXXXXXXX
12/02/2020 - R
10/09/2020 - D		 Power of Attorney
(2020113001155001)		 XXXXXXXX XXXXXXX XXXXXXXXXXXXXX XXXX
03/07/2018 - R
02/27/2018 - D		 Assignment, Mortgage
(2018030200376001)		 XXXXXXXX XXXXX XXXX XXX XXXXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1240 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
$3,343
Municipal exemptions
Recent tax assessments
Market value
$1,096,000
Assessed value
$65,760

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 $1,009,000 $60,540 $16,840 19.843% $3,342 $3,342 +4.60%
2024/25 $927,000 $55,620 $15,906 20.085% $3,195 $3,195 +1.14%
2023/24 $971,000 $58,260 $15,727 20.085% $3,159 $3,159 +4.60%
2022/23 $849,000 $50,940 $14,869 20.309% $3,020 $3,020 +7.73%
2021/22 $931,000 $55,860 $14,041 19.963% $2,803 $2,803 +23.86%
2020/21 $847,000 $50,820 $10,753 21.045% $2,953 $2,263 +6.43%
2019/20 $833,000 $49,980 $10,045 21.167% $2,806 $2,126 +3.23%
2018/19 $664,000 $39,840 $9,846 20.919% $2,742 $2,060 +10.05%
2017/18 $682,000 $40,920 $9,181 20.385% $2,526 $1,872 +279.03%
2016/17 $559,000 $33,540 $2,470 19.991% $2,339 $494 +4.91%
Permits

Permit information for 1240 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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Schenectady Ave & Eastern Pkwy at NE Corner
Station lines
3-4
Distance (miles)
0.293
View subway map

Access the detailed traffic volume map for 1240 Prospect Place, Brooklyn, NY 11213 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. 243 the Weeksville School 2 Yes Public PK, K-5 179 0.18
P.S. 243 the Weeksville School 2 Yes Public PK, K-5 179 0.18
KIPP AMP Charter School 7 No Charter K-9 871 0.11
Ateres Chaya NR No Private K-5 29 0.20
New Bridges Elementary School 5 No Public PK, K-5 428 0.27
New Bridges Elementary School 5 No Public PK, K-5 428 0.27
Arista Prep Academy & Nursery School NR No Private PK-8 70 0.33
Arista Prep Academy & Nursery School NR No Private PK-8 70 0.33
The Cush Campus Schools NR No Private PK, K-4, 6-7 0 0.35
The Cush Campus Schools NR No Private PK, K-4, 6-7 0 0.35
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 0.11
KIPP AMP Charter School 7 No Charter K-9 871 0.11
Launch Expeditionary Learning Charter School 7 No Charter 6-8 261 0.18
Arista Prep Academy & Nursery School NR No Private PK-8 70 0.33
The Cush Campus Schools NR No Private PK, K-4, 6-7 0 0.35
Ms 394 4 No Public PK, K-8 247 0.37
Explore Empower Charter School 6 No Charter K-8 430 0.37
Brooklyn Green School (The) 5 No Public 6-8 191 0.38
Arista Prep School NR No Private 1-8 0 0.41
Cheder at the Ohel NR No Private 1-8 58 0.43
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Boys and Girls High School 2 Yes Public 9-12 403 0.40
Pathways Tech Early College High School NR No Public 9-12 520 0.24
Academy for Health Careers 2 No Public 9-12 231 0.24
United Lubavitcher Yeshivoth NR No Private 9-12 0 0.32
Research And Service High School 2 No Public 10-12 181 0.40
NELSON MANDELA HIGH SCHOOL 4 No Public 9-12 133 0.40
Uncommon New York City Charter #1 NR No Charter 0 0.47
Yeshiva Beis Chaya Mushka NR No Private PK, K-12 0 0.48
Educational Institute Oholei Torah-Oholei Menachem NR No Private K-12 1,500 0.59
Machon Chana NR No Private 9-12 62 0.59

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

Neighbors for 1240 Prospect Place, Brooklyn, NY

1242 Prospect Pl, Brooklyn 1254 Prospect Pl, Brooklyn 171 Troy Ave, Brooklyn 1250 Prospect Pl, Brooklyn 1238 Prospect Pl, Brooklyn 187 Troy Ave, Brooklyn 1358 St Marks Ave, Brooklyn 1569 Prospect Pl, Brooklyn 1252 Prospect Pl, Brooklyn 1244 Prospect Pl, Brooklyn 1607 Prospect Pl, Brooklyn 474 Ralph Ave, Brooklyn 1246 Prospect Pl, Brooklyn 1256 Prospect Pl, Brooklyn 1621 Prospect Pl, Brooklyn 1248 Prospect Pl, Brooklyn 1266 Prospect Pl, Brooklyn 179 Troy Ave, Brooklyn 1593 Prospect Pl, Brooklyn 1260 Prospect Pl, Brooklyn

Nearby ZIP codes for 1240 Prospect Place, Brooklyn, 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 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11225, New York City, NY 11226, New York City, NY 11230, New York City, NY 11233, New York City, NY 11236, New York City, NY 11237, New York City, NY 11238, New York City, NY 11385, New York City, NY

Frequently asked questions

What is the year built for 1240 Prospect Place, Brooklyn, NY 11213?

The development at 1240 Prospect Place, Brooklyn, NY 11213 was built in 1910.

What is the total square footage of 1240 Prospect Place, Brooklyn, NY 11213?

1240 Prospect Place, Brooklyn, NY 11213 has a total of 1,859 square feet.

When was 1240 Prospect Place, Brooklyn, NY 11213 last sold and what was the sale price?

1240 Prospect Place, Brooklyn, NY 11213 was last sold on 01/23/2024 for $1,139,000.

What is the assessed value of 1240 Prospect Place, Brooklyn, NY 11213?

1240 Prospect Place, Brooklyn, NY 11213 is currently assessed at $65,760.

What are the property taxes for 1240 Prospect Place, Brooklyn, NY 11213?

The property taxes for 1240 Prospect Place, Brooklyn, NY 11213 total $3,343.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account