New York City  »  11218  »  Prospect Ave  »  1241 Prospect Ave

1241 Prospect Avenue, Brooklyn, NY 11218 - Property report

Also known as: 1241 Prospect Ave

Property image for 1241 Prospect Avenue, Brooklyn, NY 11218
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Property type

Primarily One Family with One Store or Office (S1)

Year built

1931

Lot sq. ft.

1,800

Sale price

$750,000

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
1241 Prospect Avenue
Alternate address(es)
1241 A Prospect Ave
2 Reeve Pl
ZIP code
11218
Neighborhood
Windsor Terrace
Borough
Brooklyn
Block & lot
05277-0017

Owner

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Building
Property type
Primarily One Family with One Store or Office (S1)
Building sq. ft.
2,822
Building dimensions
4.42 ft x 83 ft
Buildings on lot
1
Stories
2
Year built
1931
Building material
Sales
Sale date
11/14/2012
Sale price
$750,000
Tax
Tax year
2026-2027
Property tax
$6,751
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
4.42 ft x 84.5 ft
Lot sq. ft.
1,800

Area overview

Walk score
90 /100.  Walker's Paradise
Transit score
98 /100.  Rider's Paradise
Bike score
82 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
1.35 Miles
Closest fire station
0.09 Miles

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

Ownership

Ownership information for 1241 Prospect Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 1241 Prospect Avenue, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
11/14/2012 $750,000 XXXX XXXXXXXX XXX XXXXXX XXX XXXX XXXXXXXX XXXXXX XXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/22/2026 - R UCC3 Continuation
(2026061700441001)		 XXXX XXXXXXXX XXX XXXXXX XXX XXXXXXXX XXXX
11/23/2021 - R UCC3 Termination
(2021091700941006)		 XXXX XXXXXXXX XXX XXXXXX XXX XXXXXXXX XXXX
11/23/2021 - R Initial UCC1
(2021091700941005)		 XXXX XXXXXXXX XXX XXXXXX XXX XXXXXXXX XXXX
11/23/2021 - R
08/31/2021 - D		 Termination of Assign of L&R
(2021091700941004)		 XXXXXXXX XXXX XXXX XXXXXXXX XXX XXXXXX XXX
11/23/2021 - R
08/31/2021 - D		 Assignment of Leases and Rents
(2021091700941003)		 XXXX XXXXXXXX XXX XXXXXX XXX XXXXXXXX XXXX
11/23/2021 - R
08/31/2021 - D		 Agreement
(2021091700941002)		 XXXX XXXXXXXX XXX XXXXXX XXX XXXXXXXX XXXX
11/23/2021 - R
08/31/2021 - D		 Mortgage
(2021091700941001)		 XXXX XXXXXXXX XXX XXXXXX XXX XXXXXXXX XXXX
06/28/2017 - R UCC3 Continuation
(2017062100949001)		 XXXX XXXXXXXX XXX XXXXXX XXX XXXXXXXX XXXX
03/01/2013 - R
01/22/2013 - D		 Satisfaction of Mortgage
(2013021700016002)		 XXXX XXXXXXXX XXXXXX XXXX XXXXXXXXXX XXXXXXXX XXXXXXX XXX
03/01/2013 - R
01/22/2013 - D		 Termination of Assign of L&R
(2013021700016001)		 XXXX XXXXXXXX XXXXXX XXXX XXXXXXXXXX XXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1241 Prospect Avenue, 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
$6,751
Municipal exemptions
Recent tax assessments
Market value
$3,226,000
Assessed value
$193,560

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 $2,464,000 $147,840 $32,099 19.843% $6,369 $6,369 -1.20%
2024/25 $2,899,000 $173,940 $32,099 20.085% $6,447 $6,447 +1.51%
2023/24 $2,562,000 $153,720 $31,622 20.085% $6,351 $6,351 +4.06%
2022/23 $2,011,000 $120,660 $30,052 20.309% $6,103 $6,103 +7.83%
2021/22 $1,773,000 $106,380 $28,351 19.963% $5,660 $5,660 +0.54%
2020/21 $1,122,000 $67,320 $26,749 21.045% $5,629 $5,629 -0.58%
2019/20 $976,000 $58,560 $26,749 21.167% $5,662 $5,662 +2.71%
2018/19 $813,000 $48,780 $26,352 20.919% $5,513 $5,513 +7.98%
2017/18 $758,000 $45,480 $25,043 20.385% $5,105 $5,105 +8.09%
2016/17 $632,000 $37,920 $23,626 19.991% $4,723 $4,723 +8.36%
Permits

Permit information for 1241 Prospect Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/05/2019 Alteration
03/08/2005 Alteration type 2
08/19/2004 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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
Prospect Ave & Reeve Pl at SE Corner
Station lines
F
Distance (miles)
0.007
View subway map

Access the detailed traffic volume map for 1241 Prospect Avenue, Brooklyn, NY 11218 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

Neighbors for 1241 Prospect Avenue, Brooklyn, NY

14 A Reeve Pl, Brooklyn 18 Reeve Pl, Brooklyn 1265 Prospect Ave, Brooklyn 8 Reeve Pl, Brooklyn 1271 Prospect Ave, Brooklyn 1283 Prospect Ave, Brooklyn 13 Reeve Pl, Brooklyn 12 E 7th St, Brooklyn 1263 Prospect Ave, Brooklyn 10 Reeve Pl, Brooklyn 22 Reeve Pl, Brooklyn 26 Reeve Pl, Brooklyn 14 E 7th St, Brooklyn 1261 Prospect Ave, Brooklyn 1269 Prospect Ave, Brooklyn 1279 Prospect Ave, Brooklyn 4 Reeve Pl, Brooklyn 1275 Prospect Ave, Brooklyn 1281 Prospect Ave, Brooklyn 16 Reeve Pl, Brooklyn

Nearby ZIP codes for 1241 Prospect Avenue, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11204, New York City, NY 11205, New York City, NY 11210, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 1241 Prospect Avenue, Brooklyn, NY 11218?

The development at 1241 Prospect Avenue, Brooklyn, NY 11218 was built in 1931.

What is the market value of 1241 Prospect Avenue, Brooklyn, NY 11218?

The current market value of 1241 Prospect Avenue, Brooklyn, NY 11218 is $3,226,000.

What is the total square footage of 1241 Prospect Avenue, Brooklyn, NY 11218?

1241 Prospect Avenue, Brooklyn, NY 11218 has a total of 2,822 square feet.

What is the price per square foot for this property?

$265 per square foot is the price for 1241 Prospect Avenue, Brooklyn, NY 11218.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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