565 Prospect Place, Brooklyn, NY 11238 Property Information
565 Prospect Place, Brooklyn, NY 11238 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 565 Prospect Place |
| Secondary address | 561-567 Prospect Pl |
| Neighborhood | Crown Heights |
| Zip code | 11238 |
| Borough | Brooklyn |
| Block & lot | 01156-0070 |
Sales & Tax Overview for 565 Prospect Place, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
Lot & Building Information for 565 Prospect Place, Brooklyn
| Lot sq. ft. | 24,573 |
| Lot dimensions | |
| Property type | Elevator Apartment - Converted (D5)
|
| Building sqft | 49,500 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 11 |
| Year built | 1930 |
| Year last altered | 2004 |
| Construction type | Register |
Area Overview
| School district | 17 |
| Community district | 8 |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Building Description
Architect George Morse designed a grand Renaissance Revival structure for the Brooklyn Jewish Hospital in 1901. The complex at 565 Prospect Place grew through the years to become one of the largest and most respected care facilities in the borough ? even Albert Einstein came here for surgery. By the 1970s the hospital was in financial straits and filed bankruptcy. By the end of the 20th century the 11-story showplace in Crown Heights was abandoned and deteriorating ? but Efstathios Valiotis' Alma Realty undertook a redevelopment of the six former hospital buildings into rental housing that now offers 889 apartments ? 86 of which are regulated.
The one-time hospital wards at 565 Prospect Place now offer five apartment configurations from studios to four-bedroom layouts. There are laundry facilities on site, and markets and restaurants are convenient along tree-lined neighborhood streets. The S Line at Park Place is steps away and the 2, 3, 4, and 5 Lines can all be boarded within half a mile. Part of School District 17, 565 Prospect Place is zoned for P.S. 705, and M.S. 352. Private options include German School Brooklyn and Explore Exceed Charter.
Other Property Data for 565 Prospect Place, Brooklyn
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 561-567 Prospect Pl, Brooklyn, NY 11238
- 512-520 St Marks Ave, Brooklyn, NY 11238
About 565 Prospect Place, Brooklyn
565 Prospect Place, Brooklyn, NY 11238 was built in 1930 and has a total of 49,500 square feet.
What is the assessed value of 565 Prospect Place, Brooklyn, NY 11238?The assessed market value for the current tax year is $4,342,500.
When was 565 Prospect Place, Brooklyn, NY 11238 last sold?565 Prospect Place, Brooklyn, NY 11238 was last sold in 06/22/2017.
How many residential units does this building have?This building has 86 residential unit(s).
Ownership Information for 565 Prospect Place, Brooklyn
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Past Sales & Property History for 565 Prospect Place, Brooklyn
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No recorded sales for this property.
Title Documents for 565 Prospect Place, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 565 Prospect Place, Brooklyn
Access detailed property tax data for 565 Prospect Place, Brooklyn, NY 11238. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $0 |
| Tax assessor's market value: | $9,650,000 |
| Assessed value: | $4,342,500 |
| Exemptions granted by city: | Register |
Assessment History for 565 Prospect Place, Brooklyn
Here's the assessment & property tax history for 565 Prospect Place, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $9,650,000 | $4,342,500 | $0 | 12.439% | $512,075 | $0 | n/a |
| 2024/25 | $10,058,000 | $4,526,100 | $0 | 12.5% | $506,520 | $0 | n/a |
| 2023/24 | $9,065,000 | $4,079,250 | $0 | 12.502% | $490,488 | $0 | n/a |
| 2022/23 | $9,091,000 | $4,090,950 | $0 | 12.267% | $471,045 | $0 | n/a |
| 2021/22 | $7,877,000 | $3,544,650 | $0 | 12.235% | $433,688 | $0 | n/a |
Permits for 565 Prospect Place, Brooklyn
The complete history of permits filed for 565 Prospect Place, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
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Brooklyn Commercial Market Stats
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
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Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Franklin Ave & Park Pl at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | FS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.038 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Franklin Av/Prospect Pl | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.086 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 565 Prospect Place, Brooklyn
Here are the neighbors for 565 Prospect Place, Brooklyn, NY 11238.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 1038 Broadway, Brooklyn | 52,682 | ||
| 171 Prospect Pl, Brooklyn | 3,958 | ||
| 377 Sterling Pl, Brooklyn | 5,670 | ||
| 480 St Marks Ave, Brooklyn | 42,562 | 06/29/2017 | |
| 925 Pacific St, Brooklyn | 22,320 | ||
| 545 Prospect Pl, Brooklyn | 172,800 | 06/22/2017 | |
| 568 St Marks Ave, Brooklyn | 6,712 | ||
| 1060 Putnam Ave, Brooklyn | 6,800 | ||
| 417 Hart St, Brooklyn | 15,600 | ||
| 145 Utica Ave, Brooklyn | 5,059 | 01/26/2022 | |
| 35 Underhill Ave, Brooklyn | 78,182 | ||
| 565 Dean St, Brooklyn | 5,133 | ||
| 794 St Johns Pl, Brooklyn | 7,983 | ||
| 263 Prospect Pl, Brooklyn | 5,248 | ||
| 523 Prospect Pl, Brooklyn | 44,730 | 06/22/2017 | |
| 480 Eastern Pkwy, Brooklyn | 11,104 | ||
| 492 St Marks Ave, Brooklyn | 16,735 | ||
| 162 St Marks Ave, Brooklyn | 6,286 | ||
| 616 3rd St, Brooklyn | 4,248 | ||
| 172 Sterling Pl, Brooklyn | 13,666 |