New York City » 11238 » Prospect Pl » 481 Prospect Pl

481 Prospect Place #2B, Brooklyn, NY 11238 - Property report

Also known as: 481 Prospect Pl #2B

Property image for 481 Prospect Place #2B, Brooklyn, NY 11238

Property type

Condo - Residential Unit in 2-10 Unit Building (R1)

Year built

2005

Lot sq. ft.

3,855

Sale price

$441,090

General information

Address

Primary address

481 Prospect Place #2B

ZIP code

11238

Neighborhood

Prospect Heights

Borough

Brooklyn

Block & lot

01155-1004

Building

Property type

Condo - Residential Unit in 2-10 Unit Building (R1)

Unit sq. ft.

840

Buildings on lot

Stories

Year built

2005

Basement

Sales

Sale date

07/18/2005

Sale price

$441,090

Tax

Tax year

2026-2027

Property tax

$48

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

Distance to wide street

Lot sq. ft.

3,855

Area overview

Walk score

93 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

95 /100. Biker's Paradise

School district

Community district

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

Ownership

Ownership information for 481 Prospect Place #2B, 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 481 Prospect Place #2B, Brooklyn, NY 11238

Sale date	Sale price	Buyer name	Seller name
07/18/2005	$441,090	XXXXX, XXXXXX	X X XXXXXXXX XXXXXXXXXX, XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/14/2024 - R 09/10/2024 - D	Amended Condo Declaration (2024111201185001)	XXX XXXXXXXXXXX XX XXXXXXXX XXXXXXXXXXX
11/25/2020 - R 11/03/2020 - D	Assignment, Mortgage (2020112300245001)	XX XXXXXX XXXXXXXX XXXXXXXXXXX XXXX	XXX XXXXXXXX XXXXXXX XXX
04/20/2020 - R 04/17/2020 - D	Assignment, Mortgage (2020042000264001)	XXXXX XXXXX XXXX XX	X X XXXXXX XXXXXXXX XXXXXXXXXXX XXXX
05/06/2015 - R 04/27/2015 - D	Satisfaction of Mortgage (2015020601083001)	XXXXX XXXXXX	XXXXX XXXXXXXX XXXXXXXXX XXXXXXXXXXX
01/15/2015 - R 09/02/2014 - D	Mortgage and Consolidation (2015011200073001)	XXXXX XXXXXX	XXXXX XXXXX XXXX XX
05/24/2006 - R 04/04/2006 - D	Assignment, Mortgage (2006051700501001)	XXXXX XXXXXXXX X	XXXXX XXXXXXXX XXXXXXXXX XXXXXXXXXXX
04/17/2006 - R 02/08/2006 - D	Assignment, Mortgage (2006040401342001)	XXXXX XXXXXXXX X XXXXXXXX XX XXXXXXXX XXXX XXXX	XXXXX XXXXXXXX XXXXXXXXX XXXXXXXXXXX
01/23/2006 - R 01/03/2006 - D	Satisfaction of Mortgage (2006010601546001)	XXXXX XXXXXX	XXXXX XXXXXXXX
06/12/2006 - R 10/14/2005 - D	Mortgage (2005120901949002)	XXXXX XXXXXX	XXXXXXXX XXXX XXXX
06/12/2006 - R 10/14/2005 - D	Mortgage (2005120901949001)	XXXXX XXXXXX	XXXXX XXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 481 Prospect Place #2B, 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

$48

Municipal exemptions

Recent tax assessments

Market value

$261,062

Assessed value

$117,478

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	$284,959	$128,231	$387	12.439%	$9,973	$48	-0.49%
2024/25	$356,161	$160,272	$387	12.5%	$9,712	$48	-0.02%
2023/24	$296,801	$133,560	$387	12.502%	$8,994	$48	+1.92%
2022/23	$291,620	$131,229	$387	12.267%	$8,171	$47	+1.01%
2021/22	$233,254	$104,964	$387	12.235%	$7,546	$47	-1.00%
2020/21	$255,247	$114,861	$387	12.267%	$7,566	$47	-1.65%
2019/20	$239,048	$107,572	$387	12.473%	$7,454	$48	-1.10%
2018/19	$199,207	$89,643	$387	12.612%	$6,979	$49	-0.84%
2017/18	$168,860	$75,987	$387	12.719%	$6,517	$49	-1.34%
2016/17	$153,212	$68,945	$387	12.892%	$6,116	$50	+0.07%

Permits

Permit information for 481 Prospect Place #2B, 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

Franklin Ave & Park Pl at NW Corner

Station lines

Distance (miles)

0.16

View subway map

Access the detailed traffic volume map for 481 Prospect Place #2B, Brooklyn, NY 11238 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)
Brooklyn Arts and Science Elementary School	4	No	Public	PK, K-5	275	0.06
Brooklyn Arts and Science Elementary School	4	No	Public	PK, K-5	275	0.06
Explore Exceed Charter School	6	No	Charter	K-8	429	0.06
P.S. 316 Elijah Stroud	8	No	Public	PK, K-5	550	0.10
P.S. 316 Elijah Stroud	8	No	Public	PK, K-5	550	0.10
Brooklyn Jesuit Prep School	NR	No	Private	5-8	87	0.17
P.S. 9 Sarah Smith Garnet School (The)	6	No	Public	PK, K-5	732	0.33
P.S. 9 Sarah Smith Garnet School (The)	6	No	Public	PK, K-5	732	0.33
Friends of Crown Heights #2	NR	No	Private	K	0	0.33
St. Francis De Sales School	NR	No	Private	PK-8	63	0.37

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Explore Exceed Charter School	6	No	Charter	K-8	429	0.06
Elijah Stroud Middle School	5	No	Public	6-8	121	0.10
Brooklyn Jesuit Prep School	NR	No	Private	5-8	87	0.17
St. Francis De Sales School	NR	No	Private	PK-8	63	0.37
Bethel Elementary School	NR	No	Private	PK-8	34	0.39
Luria Academy of Brooklyn	NR	No	Private	PK-8	244	0.43
German School Brooklyn	NR	No	Private	PK, K-8	195	0.45
P.S. 138	6	No	Public	PK, K-8	414	0.49
Is 340	7	No	Public	6-8	150	0.49
Achievement First Endeavor Charter School	6	No	Charter	K-8	738	0.52

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
GOTHAM PROFESSIONAL ARTS ACADEMY	NR	No	Public	9-12	217	0.18
Acorn Community High School	NR	No	Public	9-12	107	0.18
Gotham Professional Arts Academy	NR	No	Public	9-12	179	0.18
International High School at Prospect Heights	1	No	Public	9-12	272	0.43
Brooklyn School For Music And Theater	4	No	Public	9-12	223	0.43
Brooklyn Academy of Science and the Environment	3	No	Public	9-12	265	0.43
High School For Global Citizenship	4	No	Public	9-12	221	0.43
Clara Barton High School	2	No	Public	9-12	1,178	0.50
Aspirations Diploma Plus High School	NR	No	Public	9-12	199	0.52
W E B Dubois Academic High School	NR	No	Public	9-12	114	0.53

Neighbors for 481 Prospect Place #2B, Brooklyn, NY

92 Troy Ave, Brooklyn 1509 Bergen St, Brooklyn 640 Dean St, Brooklyn 786 President St, Brooklyn 1557 E New York Ave, Brooklyn 646 Dean St, Brooklyn 331 14th St, Brooklyn 52 39th St, Brooklyn 954 Atlantic Ave, Brooklyn 1768 Atlantic Ave, Brooklyn 1510 Prospect Pl, Brooklyn 1909 Pacific St, Brooklyn 499 St Johns Pl, Brooklyn 4315 3rd Ave, Brooklyn 1042 President St, Brooklyn 1522 Lincoln Pl, Brooklyn 258 Empire Blvd, Brooklyn 4502 2nd Ave, Brooklyn 4313 3rd Ave, Brooklyn

Frequently asked questions

What is the year built for 481 Prospect Place #2B, Brooklyn, NY 11238?

The development at 481 Prospect Place #2B, Brooklyn, NY 11238 was built in 2005.

What is the total square footage of 481 Prospect Place #2B, Brooklyn, NY 11238?

481 Prospect Place #2B, Brooklyn, NY 11238 has a total of 840 square feet.

When was 481 Prospect Place #2B, Brooklyn, NY 11238 last sold and what was the sale price?

481 Prospect Place #2B, Brooklyn, NY 11238 was last sold on 07/18/2005 for $441,090.

What is the assessed value of 481 Prospect Place #2B, Brooklyn, NY 11238?

481 Prospect Place #2B, Brooklyn, NY 11238 is currently assessed at $117,478.

What are the property taxes for 481 Prospect Place #2B, Brooklyn, NY 11238?

The property taxes for 481 Prospect Place #2B, Brooklyn, NY 11238 total $48.

How many residential units does this building have?

This building has 1 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.